The crypto market has become highly susceptible to external factors, from macroeconomic conditions to government regulations.
This has made the industry uncertain about established projects like Bitcoin (BTC) and Uniswap (UNI). Therefore, risk-averse investors are overwhelmingly joining Tradecurve Markets’s presale.
It is a new project with a stable business roadmap, and assured ROI. Meanwhile, biggies like Bitcoin and Uniswap have tried to capture investors’ attention. However, given the current bearish market conditions, investors are not convinced with these two cryptocurrencies.
Bitcoin’s (BTC) Supply On Exchanges Drops
Although the crypto market is dwindling, Bitcoin (BTC) has managed to maintain its appeal among investors. The latest data from CryptoQuant has revealed that the Bitcoin supply on exchanges has continued to fall, and has hit its six-year low.
Moreover, it suggests that exchanges currently hold just 2.09 million Bitcoin. According to experts, declining supply on exchanges reveals that investors are hopeful for a further rise in the price of Bitcoin.
Subsequently, the trading price of Bitcoin has soared by around 3% in the past month. Thus, the current market value of Bitcoin is $26,584.48.
Market Share Of Uniswap (UNI) Shrinks
Although the volume of crypto trading is increasing, the market share of Uniswap (UNI) is shrinking. Consequently, the price movement of Uniswap has also been downward. Over the past thirty days, the value of Uniswap has dipped by 12%.
Hence, the current trading price of Uniswap is $4.23. The on-chain data suggests that the daily active user base of Uniswap has plummeted by more than 21% over the past month.
Subsequently, the trading volume on Uniswap has also nosedived. This has resulted in a reduction in the fee revenue of the Uniswap protocol. Due to these bearish developments, Uniswap is not considered a good investment option.
Tradecurve Markets Presale Shoots To Moon
Traders across the world have become dissatisfied with existing exchanges like Robinhood and Uniswap due to their limited transparency, high transaction fees, and fewer options. Addressing these issues, Tradecurve Markets has designed a new trading platform.
According to a report, there was a 900% increase in the global cryptocurrency market value from March 2020 to February 2021. This, in turn, has increased the volume of crypto trading. Hence, the demand for crypto exchanges has also surged in recent years, and the new exchange is at the prime spot to go big.
It allows the digital trading of multiple investment assets, like forex, futures, cryptocurrencies, bonds, and many more. Additionally, it allows people to complete trades without going through any KYC checks.
Tradecurve Markets has also utilized 2FA security, and the proof-of-reserves mechanism. The platform provides users with a negative balance protection mechanism, as well as a VIP account service. Its native token is TCRV, developed on the Ethereum blockchain. The token comes with exclusive deposit bonuses, staking rewards, and discounts on trading fees.
At present, a TCRV token costs just $0.025 during the ongoing stage of the presale. Its value will surge to $0.030 in the next stage. Additionally, its overall market price is likely to jump by 50 times in the presale round, and 100 times after its listing on tier-1 exchanges. More than 17,000 users have registered in the presale till now.
Top crypto platforms in the US | December 2023
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