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HomePress ReleaseBitcoin Cash And Ethereum Classic Prices Consolidate, Tradecurve Cruises The Bull Run

Bitcoin Cash And Ethereum Classic Prices Consolidate, Tradecurve Cruises The Bull Run

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Investors’ favorites are projects that offer colossal returns with real-world use cases. Such projects are less prone to market fluctuations. Therefore, Tradecurve (TCRV), a new utility-based project, has turned the heads of investors towards its presale. On the contrary, Ethereum Classic (ETC) and Bitcoin Cash (BCH) have witnessed a decline in buyer interest.

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Bitcoin Cash (BCH) Eyes New Developments After CashTokens’ Failure

A few weeks back, Bitcoin Cash (BCH) launched its CashTokens feature, and aimed at reaching the price point of $120. But, contrary to their belief, the value of Bitcoin Cash has tanked since the feature’s launch. Besides, the SEC lawsuit against Binance and Coinbase has accelerated the fall of Bitcoin Cash.

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The price of Bitcoin Cash plummeted by 17% in the daily chart on June 10. Following this, the trading price of Bitcoin Cash has fallen to $98.38. To prevent further drop, Bitcoin Cash is now working on new upgrades. Reportedly, Bitcoin Cash is working on developing CashDisk, and the token browser to encourage its adoption.

Ethereum Classic’s (ETC) Development Activity Declines

Ethereum Classic (ETC) has been losing its market share rapidly as developers seem to be joining new networks. As per the latest data from Messari, the number of active addresses on the Ethereum Classic network has plunged by around 25% in the past 90 days.

According to experts, a declining active addresses count indicates that the development activity on the Ethereum Classic network is falling. The daily transaction volume of Ethereum Classic has also plummeted, from $31.37 million on March 13 to $5.07 million on June 9.

Subsequently, the trading price of Ethereum Classic crashed by 22% last month. Currently, Ethereum Classic is changing hands at $14.46. By market capitalization, Ethereum Classic is currently in the 27th position.

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Tradecurve Presale Shows High-Profit Potential During Presale

An exclusive report by Reuters has revealed that the collapse of the FTX exchange had wiped out over $1 billion in customer funds. This has increased the FUD (fear, uncertainty, and doubt) around existing centralized exchanges, like Coinbase and Binance, which are caught up in troubled waters with regulators.

Subsequently, traders have shifted toward Tradecurve (TCRV), a new decentralized exchange that is set to become one of the top 3 crypto exchanges.

It is a comprehensive decentralized exchange allowing people to trade several assets on a single platform without fiat payments. It has implemented 2FA security and DeFi capabilities to ensure the protection of traders’ accounts. On the contrary, other centralized exchanges are losing their users’ trust due to their privacy-infringing procedures.

The smart contract of the platform’s native TCRV token has been audited by Cyber Scope. The token holders will get exclusive bonuses and discounts on trading fees. The trading platform also offers high leverage of 500:1.

During the ongoing presale stage 5 of the platform, a token is available at $0.025. The project has been anticipated to grow by 80x in the next few months. After the presale round, investors will be able to buy TCRV from Uniswap, and other tier-1 exchanges.

For more information about the Tradecurve (TCRV) presale:

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DisClamier: 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 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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PR DESK
PR DESK
PR Desk is a guest author on TheCryptoBasic and only delivers sponsored content. Hence, views and opinions published under PR Desk are exclusively theirs and should not be taken as investment advice. If you want to publish your PR, please contact hashim@thecryptobasic.com or support@thecryptobasic.com

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