While at the start of 2023, many cryptocurrency experts expected a bull market, within the past few weeks, the cryptocurrency space went in the opposite direction and entered an unforgiving bear market, which left many investors with a portfolio that fell into the red zone.
TRON and Polygon are two of the most affected cryptocurrencies that plummeted in value. But not all is lost, as the Tradecurve project and its cryptocurrency showcased bullish signs on the weekly chart.
TRON’s Value Has Begun Bleeding Towards The Red Zone
TRON’s value has been consistently bleeding and has entered unprecedented levels into the red zone, blowing under its stable price point of $0.07. When we go over its performance, as of June 16, 2023, it traded at $0.069335. In the past week, the low point for TRON was at $0.066384, while the high point was at a value of $0.078260.
The TRON cryptocurrency reached its all-time high of $0.231673, indicating that it now trades 70.03% under this point of value. In the past week alone, TRON has bled 11.3%, and in the last two weeks, it’s down 9.3%. Worried investors are now diversifying away from TRON.
Polygon Not Living Up to Expectations And DIps Low
Polygon has followed a similar pattern, and as of June 16, 2023, it trades at just $0.573879. In the last week, the cryptocurrency saw its low point at $0.557918, with its high point at a value of $0.764381. On December 27, 2021, Polygon saw its all-time high at $2.92 and now trades 80.30% under this point of value.
The charts showcase a heavy bleeding pattern, where Polygon fell 32.6% during the previous month. Most of the decrease occurred in the last seven days when Polygon dropped by 25.2%. The future of Polygon is uncertain, so investors have begun diversifying.
Tradecurve Showcases Bullish Patterns on Its Weekly Chart
While TRON and Polygon are plummeting in value, Tradecurve has showcased bullish patterns with a 20% increase in the last week alone but is also predicted to record even bigger spikes in value as the first borderless hybrid trading platform that accepts anyone from anywhere in the world.
By being fully decentralized, Tradecurve lets users trade any derivative alongside cryptocurrencies from a single account, all without KYC requirements.
The key issue that is a part of many CEXs is their decentralization, lack of privacy, security holes, and KYC checks. Tradecurve challenges all of this by enabling truly anonymous access, as users can just make an account, deposit crypto, and use it as collateral without ever giving up their identity.
Other features that are a part of Tradecurve include the high leverage starting at 500:1, the negative balance protection, the VIP account system, and Proof of Reserves (PoR) implementations.
Analysts have already recognized the potential of Tradeucrve and have predicted that its price has the potential to spike as much as 100x at launch. In its early stages, during the Stage 4 presale, 1 TCRV token is worth just $0.018, and 17,938,918 TCRV tokens have been sold during this stage alone.
For more information about the Tradecurve presale:
Click Here To Buy TCRV Presale Tokens
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