The crypto market is witnessing divergent paths as Tradecurve embarks on an ambitious goal to raise $20 million in its presale phase, while Huobi Token faces a period of lackluster performance. Join us as we explore how Tradecurve has already sold millions of its tokens, despite being relatively new to the crypto market, and contrast this with Huobi Token’s sluggish performance.
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Tradecurve (TRCV): On Course To Raise $20 Million
The likes of Huobi and Binance have long stood as prominent platforms for buying and trading crypto. Yet, the onerous process of satisfying KYC/AML requirements can deter potential users and create barriers to entry.
Recognizing this obstacle, Tradecurve has boldly entered the scene with a cutting-edge hybrid trading platform that bypasses such regulatory hoops. With Tradecurve, starting your trading journey is as simple as signing up with an email address, depositing cryptocurrency, and venturing into the vast market of forex, commodities, stocks, and cryptocurrencies.
Unlike traditional centralized exchanges, where funds and private keys are often held by third parties, Tradecurve grants traders complete autonomy over their assets and private data. This paradigm shift promotes trust and individual sovereignty within the platform.
At the heart of Tradecurve’s ecosystem is the TCRV token. By holding and locking TCRV tokens, users can enjoy passive income, higher trading leverage, accelerated bonuses, and trading fee discounts ranging from 20% to 80%.
Currently priced at a mere $0.025 during the fifth phase of Tradecurve’s presale, the TCRV token has already appreciated by 150% since the presale’s inception. Yet, according to industry insiders, this ascent is just the beginning.
Bullish forecasts predict the TCRV token could catapult to over $1.00 upon its introduction to major tier-1 exchanges. This imminent explosion in value presents a golden opportunity for prospective investors to secure their positions and brace for a potentially lucrative upward trajectory.
🚀 Incredible news! 🚀
— Tradecurve (@Tradecurveapp) July 22, 2023
The TradeCurve App presale just got even better!
Now, you can get a massive 30% Bonus on your $TCRV token purchase! 💰
💥 Act fast and take advantage of this amazing opportunity!
📍Join The Presale: https://t.co/uXZ4W6G6RE#presale https://t.co/x3E5eH5qGr pic.twitter.com/DB5Q7uj7Ud
Huobi Token (HT)’s Poor Performance Outshined By Tradecurve (TCRV)
In stark contrast, the performance of Huobi has been lackluster at best. Despite being one of the world’s largest cryptocurrency exchanges, the value of the HT has been on a consistent downtrend over the past two years. This has printed a large descending triangle on the daily chart.
But what is behind this huge 93% drop to the current price of $2.68? The crypto bear market can be blamed for much of the decline, but there are specific issues plaguing Huobi that have contributed to the HT’s poor performance.
The Huobi exchange has been hit by a series of controversies, including allegations of wash trading and regulatory issues surrounding transparency. The closure of its once-flourishing Malaysian operations serves as a vivid testament to these challenges.
Furthermore, Huobi’s cumbersome and complex fee structure, combined with a lack of exclusive benefits for HT holders, has played a part in the token’s disappointing performance.
Analysts note that Huobi would see explosive growth if it break out from the descending triangle, but the daunting $3.00 resistance level stands as a formidable obstacle.
Adding to Huobi’s tribulations is the emergence of Tradecurve. As Tradecurve’s hybrid model begins to gain traction, it offers a powerful alternative to the status quo. It is likely that Tradecurve will continue to chip away at Huobi’s market share, further eroding profits and exerting additional downward pressure on an already embattled token price.
For more information about the Tradecurve (TCRV) presale:
Website: https://tradecurve.io/
Buy presale: https://app.tradecurve.io/sign-up
Twitter: https://twitter.com/Tradecurveapp
Telegram: https://t.me/tradecurve_official