As significant events are unfolding in the crypto arena, investors have found a safe haven in Tradecurve (TCRV), a new project. The project’s presale has become an instant hit, and its TCRV tokens are getting subscribed heavily.
On the contrary, the market health of Binance (BNB) and PancakeSwap (CAKE) has severely slumped. In this article, we will look into these projects to find out their growth prospects in 2023.
Binance (BNB) Requests Court to Reject SEC’s Restraining Order
Binance (BNB) has appealed to the court to reject the restraining order of the U.S. Securities and Exchange Commission (SEC), which freezes the company’s assets. Binance has stated that the restraining order by the SEC would effectively end the company’s operations in the US, putting customers at risk.
This has come a few days after the SEC filed a lawsuit against Binance, and its CEO, Changpeng Zhao, for violating US laws. This restraining order caused a liquidity scare for Binance. It has also led to a crash in the exchange rate of Binance.
The value of Binance has plummeted by 11% in the past month. Consequently, Binance is now trading at $248.14.
PancakeSwap (CAKE) Increases Presence in the GameFi Space
Recently, PancakeSwap (CAKE) became the first decentralized exchange to release its own GameFi. The new GameFi platform, named Pancake Protectors, has been launched on the PancakeSwap mainnet. With this strategic development, PancakeSwap aims to increase its presence in the GameFi space.
However, the price of PancakeSwap has not been able to move northward. PancakeSwap’s market value has tanked by 23% in the last month. At press time, PancakeSwap is available to trade at $1.42. This comes as PancakeSwap has registered an increase in its active addresses in the past month.
Tradecurve Re-energizes Bullish Sentiments
The acceptance and prominence of the crypto industry have ballooned as more than 75% of the crypto owners trade digital currencies for long-term profits. However, traders nowadays are getting wary of existing centralized exchanges that are losing users’ trust over concerns like high transaction fees and a lack of transparency. To address these concerns, Tradecurve has entered the market with a new exchange.
It is a one-of-its-kind Web3 trading platform providing traders with an all-inclusive trading opportunity. The platform grants permissionless access to several tradable assets, such as cryptocurrency, OTC derivatives, bonds, forex, and Options. The platform is cruising in its presale, and moving toward $20 million, surpassing Binance’s ICO numbers by a big margin.
To begin trading on the platform, traders just need an email Id to open an account. Next, they can connect their accounts to a digital wallet to execute trades. Besides, traders need not risk their identity and anonymity while trading, as no KYC is required on Tradecurve. On the contrary, centralized exchanges like E-trade and Kraken infringe on the privacy of users.
Cyber Scope has fully audited the smart contract of TCRV tokens, and the platform’s entire team is verified by Assure DeFi. During the ongoing stage 5 of the presale, tokens are available for $0.025. The project’s value has been projected to grow 80x during the presale, and 100x after launch on Uniswap and other tier-1 crypto exchanges.
For more information about the TCRV presale: