The crypto market is ever-fluctuating. Some tokens that seemed to be showing excellent performance at the beginning of the year have suddenly gone on a nosedive since the beginning of April while newer tokens are on an upsurge.
A good example is Zilliqa (ZIL) which despite having started the year on a positive note it recently plummeted to new lows. Others like Loopring (LRC) have seen its investors flocking to a newer project.
We will look at the reasons for the latest drop in the price of Zilliqa (ZIL) and why Loopring (LRC) investors are now flocking to Tradecurve (TCRV), which is currently in stage 1 of its presale and is expected to rise at least 3,000% this year.
Tradecurve is another popular crypto project that promises investors major returns. Tradecurve is a new hybrid trading exchange that allows users to trade a number of instruments including forex, cryptocurrencies, stocks, and commodities all from one account with DeFi integration.
Tradecurve (TCRV) aims to eliminate barriers to entry for regular traders with a truly borderless trading exchange. Tradecurve is one of the only exchanges where users can deposit crypto and then use the crypto as collateral to trade derivatives whilst holding their own encryption keys.
One huge benefit is that there are no KYC requirements to trade on Tradecurve, users can simply open an account using just an email. This permissionless onboarding process means users can trade OTC derivatives on Tradecurve while protecting their privacy. Tradecurve offers the ultimate decentralized trading experience for retail and professional traders.
$TCRV is the native token for the Tradecurve exchange, which is currently in stage 1 of presale at a price of $0.01 per token. According to analysts, the price of Tradecurve is expected to rise 30x during the presale and could jump 100x on launch.
Zilliqa (ZIL) has been on a downtrend since the beginning of April. In fact, Zillica (ZIL) has fallen to a monthly low of $0.029. On April 25th, the price of Zilliqa (ZIL) broke down the $0.03 mark in what is believed to be the last leg of a corrective structure.
Zilliqa (ZIL) had an explosive surge in March that saw its price rise to $0.27 in just 6 days. Zilliqa (ZIL) has, however, been on a decline ever since reaching a low of $0.022 by mid-March.
Analysts believe Zilliqa (ZIL) will still plummet further after dropping below the $0.03 support level. By all indications, Zilliqa (ZIL) seems to be on a long bearish momentum.
Loopring (LRC) has also not shown a very encouraging performance lately. It is no surprise why many Loopring (LRC) investors are now shifting to the new and more promising project known as Tradecurve (TCRV).
Loopring (LRC) is the native token of the Loopring platform which provides an infrastructure for decentralized finance (DeFi) and payment dApps.
Loopring (LRC) had initially shown an impressive performance having risen from $0.07 to an all-time high of $3.21 in November 2021. However, the upsurge didn’t last long as the crypto winter of 2022 set in.
Loopring (LRC) has also recently faced other problems including hacks and rug pulls. The demand for Loopring (LRC) has decreased in recent months. Given the ongoing skepticism, Loopring (LRC) investors are now shifting focus to Tradecurve (TCRV), which shows great promise in the current market conditions.
Website: https://tradecurve.io/
Twitter: https://twitter.com/Tradecurveapp
Telegram: https://t.me/tradecurve_official
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