Although they don’t make headlines as often as some of the market’s bigger projects, altcoins are a great way to profit in the DeFi space. Altcoins like Optimism and Polygon have offered great returns in the past few years, and are more affordable than projects like Bitcoin. But how do they compare to Tradecurve?
Optimism Is Up 7% In July
Optimism has experienced a sharp price rally going into July, increasing in value by 7.02% in the last five days. Optimism is now trading at $1.33 and its daily trading volume has spiked to over $100 million as investors eagerly await additional price increases.
On the 30th of July, Optimism will also unlock more of its token supply. In total, 24.16 million Optimism tokens will be released, which are valued at around $32 million. At the time of writing, 16% of the total Optimism supply has been released, and an additional release is being met with mixed reviews.
Some experts believe that this move could help to build the Optimism ecosystem and therefore increase its value. However, others state that with more tokens in circulation, Optimism could decrease in price.
Polygon (MATIC) Increases By 10% As Its Recovery Scales
After being categorized as a security by the SEC, Polygon’s value decreased by 31.78%. This crash took Polygon to $0.54, though the project is now starting to recover. Over the past five days, Polygon has increased in value by 10.12% and is now trading at $0.704.
This fast recovery is due to Polygon’s growing ecosystem, which consists of 19,000 decentralized apps, over 225 million users, and 13.2 billion NFTs. In the first half of the year, this ecosystem grew by over 50%, and now Polygon is slowly becoming one of the most influential projects in the DeFi market.
As its value continues to increase, Polygon’s trading volume is also on the rise. After hitting over $300 million, Polygon’s daily trading volume has increased again to $325 million, a 25% increase in 24 hours. With development plans in place and no sign of slowing down, investors believe that Polygon has huge potential to become one of the market’s most valuable projects during the next crypto bull run.
That being said, can Polygon keep up with Tradecurve’s 80% price increase?
Tradecurve Continues To Rally As Stage 4 Quickly Sells Out
Tradecurve combines the best of decentralized and centralized exchanges with its unique hybrid exchange. Using Tradecurve, investors can trade stocks, CFDs and other traditional assets as well as cryptocurrency all while remaining anonymous.
The platform is already being described as the solution to current regulatory risks, and has been nicknamed the next Binance ICO, with price predictions suggesting its token value could surge by 50x.
During its presale, Tradecurve (TCRV) has raised over $3 million, attracted 12,500 users and is now on track to quickly sell out during phase 4 of its presale. Tokens are trading at $0.018, though will increase to $0.025 once sold out.
In addition to its decentralized nature, Tradecurve will provide investors with a number of trading tools such as AI and copy trading subscriptions, as well as negative balance protection and fast transactions. A metaverse trading academy will also be available to new investors.
With huge potential to become a top 3 exchange in the next few years, analysts believe that Tradecurve will offer significantly higher returns than both Optimism and Polygon.
To find more information about Tradecurve and the TCRV token, visit the links below:
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.
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