In this week’s crypto bull market, BitDAO (BIT), Optimism (OP), and Tradecurve (TCRV) have outperformed other digital assets. TCRV has gained 40%, OP has gained 24%, and BIT has increased 17%. Following their weekly solid performances, where would the prices of BIT, OP, and TCRV end in July?
One of the leading DeFi platforms, BitDAO (BIT), has been on a strong rally this week. In the last seven days, the price of BitDAO has increased by 17%. As a result of the rally, the BitDAO price hit a three-month high of $0.5576.
However, the BitDAO coin is retracting, losing 5.6% in the last 24 hours. According to data from CoinMarketCap, the BitDAO price currently stands at $0.5045.
The BitDAO crypto rally comes after the mainnet launch of Mantle Network, a blockchain supported by the project. With the recent merge of the Mantle Network and BitDAO, crypto analysts have predicted another price rally for the crypto. Now trading at $0.5045, a 50% price rally could take the price of BIT to the $0.750 resistance.
In the last week, the Optimism crypto token has been one of the biggest gainers. Rising by 24%, Optimism has set a new monthly high at $1.5960. Like BitDAO, the price of Optimism (OP) is currently retracing. In the last 24 hours, the Optimism price is down by 3.1% and trades at $1.4.
Despite the current bearish sentiment, our Optimism price prediction remains bullish. This is because the upcoming Ethereum’s EIP-4844 upgrade is predicted to fuel a rally in Layer 2 tokens. As it reduces gas fees, Layer-2 tokens like the Optimism crypto are expected to increase in price. The OP token could retest the $1.75 resistance in the coming days.
Amidst the struggle of Centralized Exchanges (CEXs), Tradecurve has introduced a hybrid solution. Tradecurve achieves this by combining decentralization with the best features of CEXs like Binance.
What truly sets Tradecurve (TCRV) apart is its decentralized nature, ensuring complete user anonymity without intrusive KYC procedures. In addition, Tradecurve offers a range of benefits to its users. They include high leverage starting at 500:1, copy trading, and algorithmic AI trading.
These novel features have attracted more than 16,000 new users in the last week as TCRV rallied. With the price of TCRV increasing from $0.010 to $0.025, early investors are currently enjoying a 150% ROI on their investments. These gains are expected to become more exponential, reaching 50x in 2023. This means TCRC could be valued as high as $1 this year.
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