The cryptocurrency industry is a dynamic ecosystem where projects constantly vie for attention and investor interest. Keep reading as we discuss the recent trend of holder migration from Near Protocol and Quant to Tradecurve. As Tradecurve gains traction as a preferred platform, we will explore the factors contributing to its appeal.
Near Protocol (NEAR) shows red charts
Near Protocol has recently been experiencing a downturn in its price charts, reflecting a bearish trend. The red charts indicate a decline in the value of the Near Protocol token and general negative sentiment in the market.
Recently, Near Protocol announced that it partnered with Alibaba Cloud to speed up Web3 expansion in Asia and the Middle East. However, this news did not help the Near Protocol token as it trades hands at $1.43 with a market cap of $1.3B, a drop of 2.62% in the last 24 hours.
With its moving averages and technical indicators showing strong sell signals, Near Protocol could see further price drops, causing holders to look for other projects with more room for growth.
Quant (QNT) continues the bearish trend
Quant has also recently experienced a decline in its price charts, with its value decreasing by 7.3% in the last 30 days.
In recent news, Quant made the Overledger platform the infrastructure utilized in Rosalind, the retail CBDC initiative of the Bank of England and the Bank for International Settlements, accessible to everybody. Despite this, Quant has not experienced any upward movements as it currently has a value of $109.06 with a market cap of $1.3B, falling by 0.17% overnight.
Quant may continue this bearish trend from a technical perspective, as all technical indicators are red. Because of this, buyers are sidestepping it in favor of new tokens that show more significant upside potential.
Tradecurve (TCRV) and its rise as a preferred platform
While both Near Protocol and Quant are struggling, Tradecurve is currently in its presale run and has been on an upward trajectory – already providing early buyers with an 80% return on investment. Over 12,500 users have registered for Tradecurve, helping it obtain $2.8M of the $20M funding goal.
An easily accessible trading platform for global traders
Tradecurve aims to lower the entry barriers to many financial markets by allowing all derivatives to trade on one account. All traders need to do is create an account using an email only (no sign-up KYC checks), link it to a crypto wallet, and choose which cryptocurrency to use as collateral.
Not only that, Tradecurve users will be privy to the ability to subscribe to automated & AI trading bots and to enroll in a metaverse trading academy. With these features, Tradecurve could even outperform the likes of Robinhood when it launches following its presale.
A once-in-a-lifetime opportunity
The price of TCRV is currently $0.018 and it is Stage 4 of its presale. Those who purchase it now can access VIP status and staking rewards. In addition, they will also receive a 40% return on investment since Stage 5 may begin as soon as next week.
Experts are bullish about TCRV as they foresee a 50x growth by the end of its presale and a further 100x pump after it gets listed on a Tier-1 CEX – so purchase it now before its value surges.
For more information about the Tradecurve presale:
