With PEPE triggering an influx of new crypto investors, the crypto community is again booming. As the top dog in the meme coin market, Dogecoin is expected to capitalize on recent market developments. However, due to its limited utility, Tradecurve is predicted to offer even higher returns, providing investors with decentralized access to forex, bonds, crypto, and more.
Dogecoin Price Analysis
Dogecoin is the largest meme coin in the world, with a market cap of $10.1 billion. The project hit an all-time high of $0.7376 in May 2021, though it has since decreased by 90.09% to $0.07306 at the time of writing.
Since the start of 2023, Dogecoin has slightly underperformed compared to many other cryptocurrencies in the market. The project spiked to $0.093 in April, though it crashed by 18.08%. This poor performance has caused Dogecoin trading to slow down, averaging around $200 million per day.
With no news of future innovations, some investors are now losing hope in Dogecoin. Its direct competitors are starting to innovate, while Dogecoin continues to rely on its reputation as a meme coin leader. Some analysts have since stated that Dogecoin could be overtaken by its competitors should its developers not change their approach.
That being said, it’s not all bad news for Dogecoin investors. With the crypto bear market looking to come to a close, Dogecoin still has the potential to surge during the next market rally. Should Dogecoin do so, current holders would receive huge returns on their DOGE tokens.
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Tradecurve Offers Dogecoin Level Returns And Better Utility
Tradecurve is a hybrid exchange that provides investors with a platform to trade; stocks, shares, currencies, cryptocurrencies, bonds, and indices all from a single account. Tradecurve’s platform does away with complex KYC requirements and unnecessary registration processes, allowing investors to trade by simply connecting and disconnecting their wallets. In addition, as a decentralized platform, Tradecurve allows individuals to buy traditional finance options no matter their location.
Furthermore, Tradecurve looks to educate the next generation of traders with its metaverse learning academy. Although trading can appear daunting at first glance, it can become a fun and rewarding process with the right education. Using Tradecurve’s academy, investors can network with like-minded investors and partake in classes and talks with guest speakers.
Alternatively, investors can use copy trading to learn from experts in their niches. This subscription program will help investors learn from the best and take their trading to the next level.
Tradecurve will use TCRV as its utility token, which can currently be purchased for $0.012 during stage two of the Tradecurve presale. In total, 40% of the token supply will be sold during this presale, with token value increasing after every round.
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With Tradecurve being compared to the ICO of Binance, analysts believe TCRV tokens will increase 50x during the presale, with a further 100x surge once TCRV is listed on major exchanges such as Uniswap. Given its potential and long-term roadmap, Tradecurve is expected to become one of the best trading platforms in the world in just a few years, quickly becoming a popular alternative to the likes of Coinbase and Kraken.
