The XRP cryptocurrency might be headed towards a bullish outlook after its network saw a significant increase in address activity, making a historic milestone according to the blockchain analysis platform known as Sentiment. The Tradecurve hybrid exchange’s utility token, TCRV, might also reach a $1 breakout with its current presale momentum and unique propositions.
How XRP can boom in value?
With the growing activity in addresses, there is the possibility for a rally of the XRP cryptocurrency, the native coin used on the XRP Ledger (XRPL). Historically, the cryptocurrency saw a notable increase in value following the rise in activity.
The Santiment report noted how on March 18, the XRP Network saw the largest-ever activity spike, which led to a 45% price surge in the following ten days. Then, XRP’s second largest address activity day of all time occurred on May 30, 2023, when 490,000 addresses interacted with the network, and the value is still climbing as of June 5.
When we go over the value of the XRP, it traded at $0.536890 on June 5. In the last 30 days, XRP increased in value by 15.5%, and in the last week alone, the crypto climbed by 11.2%. Within the span of the last 24 hours, XRP saw an increase in its value by 2.3%, indicating that it is still in the green zone. If XRP continues this upward trend, it could lead to a bullish run.
Tradecurve’s potential to climb to $1
Tradecurve is an all-in-one trading platform that can revolutionize the trading industry by addressing key issues like accessibility, high fees, KYC requirements, and the unbanked’s inability to access trading derivatives.
This next-generation platform enables users to trade across thousands of different markets directly from a cryptocurrency wallet, and this is only possible due to the implementation of blockchain technology.
Users do not need to complete KYC requirements, do not need to make high minimum deposits, and can connect a wallet, make a deposit, and begin trading with ease. The platform is not just limited to trading crypto, as it also allows users to trade CFDs, indices, commodities, options, forex, ETFs, & bonds.
Tradecurve is a proprietary platform enabling anyone to diversify their portfolios and capitalize on trading opportunities across multiple markets easily, with high leverage starting at 500;1, negative balance protection, a VIP account service, Proof of Reserves (PoR), and a dedicated Trading Academy.
TCRV saw a spike in its value of 50% in the previous month, beating out XRP and other altcoins concerning growth. During Stage 3 of the presale, 1 TCRV token is worth $0.015, and the presale is 39.50% done. The next price increase will put the token 20% higher at $0.018, and analysts predict that the cryptocurrency can climb 100x at launch.
