Shiba inu

What’s Next for Shiba Inu Price After 600M Token Burn and Tradecurve After Stage 4 Completes?

The crypto space is very competitive, giving room for only projects with the potential to thrive. Two projects, Shiba Inu (SHIB) and Tradecurve (TCRV), have achieved major feats recently. While Shiba Inu burnt over 600M tokens, Tradecurve’s stage 4 is coming to an end. Currently, investors are worried, wondering what’s next for the price of both tokens moving forward. 

>>Register For The Tradecurve Presale<<

What’s Next for Shiba Inu (SHIB) Price After 600M Token Burn?

On July 11th, Shiba Inu announced that it has burnt over 600 million SHIB. On-chain data suggests that this token burn could cause a price rally and increase network activity. Meanwhile, Shiba Inu’s network usage has been steadily rising, indicating increased trading activity among retail investors anticipating the Shiba Inu burn. 

The number of daily active addresses for Shiba Inu surged from 5,009 to 7,401 between July 5th and July 10th, per Santiment. Whale investors have also displayed growing optimism, with an increase in SHIB whale transactions. On July 6th, there were 26 whale transactions. However, the number rose to 38 by the end of July 10th, as reported by IntoTheBlock’s data.

Presently, Shiba Inu’s price stands at $0.00000753, a slight decline of 1.07% in the past 7 days. Despite the bearish trend, there is speculation that the price of Shiba Inu could potentially break above the resistance level of $0.0000085 and aim for $0.000010. 

However, IntoTheBlock’s Break-Even Price distribution data suggests that the $0.000008 resistance level may pose a challenge for the Shiba Inu coin due to selling pressure. 

What’s Next for Tradecurve (TCRV) Price After Stage 4?

Tradecurve, a hybrid trading platform, has achieved significant milestones, sparking considerable excitement in the market. Since its launch, the native token’s price has surged by an impressive 80% in just a few weeks.

At present, Tradecurve is in Stage 4 of its development, with each TCRV token being traded at $0.018. As the project progresses to Stage 5, investors are eagerly anticipating a projected 40% price increase, bringing the value of each token to $0.025.

How High Will TCRV Rally?

The project’s success is further highlighted by its impressive fundraising efforts, having already raised $3 million. As a result, the team is optimistic about reaching $20 million before the presale ends. 

Additionally, industry analysts are predicting a potential 100x increase in the value of TCRV upon its official launch. This makes Tradecurve a project with huge potential for investors seeking to increase their holdings.

Why Will Tradecurve (TCRV) Rally After Stage 4?

Analysts have identified two key reasons for TCRV’s rally. Firstly, owning $TCRV exposes investors to Tradecurve’s rapid growth as it competes with industry giants like KuCoin and Binance. They will also benefit from increased liquidity and low trading fees.

Additionally, TCRV holders will gain access to a variety of platform features. They include social trading options like copy trading, the Metaverse trading academy, and numerous AI trading algorithms. These perceived features position $TCRV as a hidden gem in the altcoin market.

 Visit the links below to get more information about Tradecurve and the TCRV token:

Website: https://tradecurve.io/ 

Buy presale: https://app.tradecurve.io/sign-up 

Twitter: https://twitter.com/Tradecurveapp 

Telegram: https://t.me/tradecurve_official 

 

Crypto News Flash Disclaimer: This publication is sponsored. Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should conduct their own research before taking any actions related to the company. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *