The Hex blockchain network saw around $4 billion wiped from its market capitalization during the previous week, according to data accumulated by CryptoSlate. Investors got worried about its future and began diversifying in order to make up for the losses experienced, where one of the projects on their list included Tradecruve.
Hex and The Loss of $4 Billion In Market Capitalization
The loss in market cap resulted in huge selloffs for the cryptocurrency, and this sparked a downward trend for the cryptocurrency. From the span of May 20 to May 24, the Hex blockchain experienced a significant decrease in its market capitalization, from $6.62 to $2.41 billion, according to CryptoSlate, the hub for crypto researchers and blockchain enthusiasts.
Hex was ranked on the top losers list for two consecutive days, on May 24 and May 25. As of May 28, 2023, however, the HEX cryptocurrency trades at $0.01162091. In the last 30 days, the total losses experienced were 78.7%, out of which, in the last week alone, 64.2% of its value was lost. In the last 24 hours alone, Hex declined in value by 18%.
Tradecurve Begins Stage 3 of Presale
Investors who were hit with significant losses as a result of the drop in the market cap of Hex have found value in the Tradecurve cryptocurrency. The Tradecurve exchange can see a huge climb in its market capitalization after its launch, as it is currently at Stage 3 of its presale, where it is offered at $0.015.
There is a total supply of 1,800,000,000 tokens, and only 40% of this supply is available during the presale. The team estimates that they will generate $20 million in revenue during this presale and create a project that is comparable to some of the largest exchanges.
Tradecurve is built with inclusivity in mind, where investors and traders will get access to both cryptocurrencies and any derivative they are interested in, in a truly borderless way without a requirement for KYC. According to the whitepaper, each customer will be able to trade European and US equity CFDs, alongside indices, forex, commodities, bonds, ETFs, options and crypto.
Users can simply deposit crypto as collateral and then make trades on anything they want to. Newbies are also welcome, as the exchange will feature a dedicated Trading Academy. The exchange features high leverage starting at 500:1, a VIP account system, negative balance protection, and algorithmic trading with AI.
The team will also implement Proof of Reserves (PoR) and plans to onboard 100,000 new users, competing with some of the largest exchanges like Kraken, Binance, Coinbase, and others. The TCRV token will get listed on numerous Tier-1 exchanges and on Uniswap, so investors will want to get it before it spikes in value. Analysts predict that TCRV can climb 100x in value when it launches.
Get more information surrounding the Tradecurve presale at the links below:
Click Here To Buy TCRV Presale Tokens
Join Our Community on Telegram
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.
