Across the blockchain space, there are thousands of projects for cryptocurrency investors and traders to pick from. As such, the choice can be difficult for many. But following the overall market trend and the price movement of altcoins can provide users with an additional perspective as to what direction they want to move towards with their investments.
Cosmos (ATOM) and Stellar (XLM) have experienced decreasing value in their tokens lately and a new crypto project Tradecurve (TCRV) seems to be taking the markets by storm with its presale.
Are Cosmos Investors Worried
The Cosmos (ATOM) team made a huge announcement on Twitter on April 24, 2023, where they went over the Cosmos Hub Gov. The voting proposal on Cosmos (ATOM) is now open for “Launch Neutron on Replicated Security,” which is the first Consumer Chain onboarding proposal. Based on this, we can see that the Cosmos (ATOM) ecosystem is growing.
As of April 24, 2023, Cosmos (ATOM) was trading at $10.79. In the last 24 hours, Cosmos (ATOM) decreased in value by just 1.5%. However, in the last week, its overall decrease has been at 14.9%. From the last year, Cosmos (ATOM) has dipped by 53.7%, leaving investors worried.
Tradecurve Targets $20m Presale
With the dip in value behind Cosmos (ATOM) and Stellar (XLM), investors and traders are moving towards alternative cryptocurrencies.
Tradecurve.io will be an online exchange platform that utilizes a hybrid system that combines the best elements of CEXs and DEXs.
On top of Tradecurve users will be able to make trades anonymously and can maintain full control over their private keys and their crypto. Their presale token $TCRV smart contract has been fully audited by CyberScope and the team have also completed a KYC audit by Assure DeFi.
Holders of the $TCRV token can access trading fee discounts, staking rewards and access to a range of trading tools such algorithms that are integrated with artificial intelligence. Currently in stage 1 of its presale the tokens initial price is $0.01, some analysts predict that its value could rally 50x through the presale stages and 100x after the exchange launches.
Stellar (XLM) Publishes Report
On April 24, 2023, Stellar (XLM) published their Q1, 2023 Quarter In Review report. The Chief Executive Officer (CEO), Denelle Dixon, the Vise President (VP), Justin Rice, and the Chief Marketing Officer (CMO), Jordan Edelstein, shared the network’s growth and strategic highlights.
This was a clear indication that the Stellar (XLM) ecosystem and overall development have grown. However, this did not translate well to the value of Stellar (XLM), as the cryptocurrency is in decline.
As of April 24, 2023, Stellar (XLM) trades at $0.094245. In the last seven days, the Stellar (XLM) cryptocurrency has seen a decrease in its value by 12.3%. In the last year, the overall decrease of Stellar (XLM) was 51%.
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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.