Experts say that the true strength of a crypto project can be gauged by its profitability during a market downfall. While most cryptocurrencies have witnessed a shrink in their market base and a reduction in profitability, a new project, Tradecurve, has been going ballistic with its growth run.
People who have invested in this project early are reaping profits in millions. Contrary to this, the financial health of Aave (AAVE) and KuCoin (KCS) is not looking good. Let’s read in detail.
Aave (AAVE) Sees Increase In Whale Accumulation
Aave (AAVE) seems to be trapped in a bearish phase, as it has failed to move northward for several weeks. Subsequently, the exchange value of Aave (AAVE) has nosedived by more than 15% in the last seven days. At present, Aave (AAVE) is available to trade at $61.97. However, Aave (AAVE) has witnessed a positive trend in the past few days, which can support its price trajectory.
Going by the latest on-chain data, whales are showing interest in Aave (AAVE). Recently, a single whale accumulated 182,152 Aave (AAVE) tokens in just 24 hours. However, experts fear that Aave’s (AAVE) accumulation can be speculative in nature, and if the bearish sentiments prevail, the whale can shed their holdings quickly, causing a steep decline in the price of the protocol.
KuCoin (KCS) Users Suffer Network Issue
Market conditions have already been unfavorable for KuCoin (KCS), and the network has hit another roadblock. Recent reports from Downdetector have revealed that many KuCoin (KCS) users are facing problems in accessing the network’s website and app.
However, it is not clear whether this KuCoin (KCS) network issue is limited to some users, or is widespread. This intensified the FUD around KuCoin (KCS), which has already been strong since the SEC’s actions against Binance and Coinbase. Subsequently, the price trajectory of KuCoin (KCS) has moved southward. The market value of KuCoin (KCS) has nosedived by 12% in the past 30 days. At press time, a KuCoin (KCS) token can be traded at $6.57.
Tradecurve Investors Enjoy Massive Gains During Presale
The ongoing controversies and issues surrounding Binance and Coinbase have made a big dent in the image of centralized exchanges. As a result, the demand for decentralized exchanges has soared, and their growth rate has surged to 33%. Tradecurve is considered the best platform in this sector. It is a new Web3-powered hybrid trading exchange that has bought cryptocurrencies and traditional derivatives like equities, Forex, ETFs, and others, on a single platform.
Allowing users to trade at a low transaction fee, the platform gives the utmost importance to users’ privacy, and is considered more secure than exchanges like Robinhood and ByBit. It has eliminated the need for KYC requirements. Other features available on the network include VIP account service, negative balance protection, and high-leverage trading.
The presale round of TCRV tokens is live, with a token available at $0.018. However, its market value is projected to soar by 50 times during the presale round. The token holders will receive several benefits, such as exclusive deposit bonuses and staking rewards. After the culmination of the presale round, the tokens will be listed on Uniswap and leading tier-1 exchanges, where their market value is expected to grow by 100x. The platform is also expecting to record 100,000 clients within the first three months of its launch.
To find more information about Tradecurve and the TCRV token, visit the links below:
Buy presale: https://app.tradecurve.io/sign-up
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.