HEX and TRON Face Selling Pressure while Tradecurve’s 100x Growth Appeals to Community

August 9th, 2023 at 8:03 am UTC · 3 min read

HEX and TRON Face Selling Pressure while Tradecurve’s 100x Growth Appeals to Community
Photo: Tradecurve

Crypto presales have gained prominence in recent years. Investors eagerly await and actively look for presales of projects with high growth potential. However, such projects are fewer in number.

Nevertheless, 2023 has brought cheer to the investors’ community, as Tradcurve has launched its presale. According to analysts, this new project will soon become a blue-chip cryptocurrency. On the sidelines, projects like HEX (HEX) and TRON (TRX) have lost momentum.

HEX (HEX) Struggles to Survive After the SEC Lawsuit

HEX (HEX) faces severe threats to its existence, with no signs of relief. The number of users on the HEX (HEX) network was already falling, but the SEC’s latest lawsuit has come as a major blow.

Recently, the SEC filed a lawsuit against the founder of HEX (HEX), Richard Heart. The regulatory body alleged that Heart and his projects, including HEX (HEX), violated US laws. Thus, the market value of HEX (HEX) has crashed, and investors are leaving the project quickly. The trading price of HEX (HEX) has plummeted by a staggering 49% in the past seven days.

As a result, the current price of HEX (HEX) has fallen to $0.0047. Notably, it is down by more than 99% from its all-time high price of $0.56.

TRON (TRX) Looks Dormant on Growth Charts

In the absence of any major developments and updates, TRON (TRX) has suffered sluggishness in recent weeks. According to the latest data from Santiment, the development activity of TRON (TRX) has fallen in recent weeks. The number of daily active addresses on the TRON (TRX) network has also declined in the past month. This has resulted in a drop in the price of TRON (TRX).

The market value of TRON (TRX) has taken a dip of 5% in the past seven days. Subsequently, TRON (TRX) is now changing hands at $0.0776. However, TRON (TRX) has witnessed growth in its staking ecosystem. Staking Reward’s data shows that TRON (TRX) has a staking ratio of 47.62%.

Tradecurve Presale Sets New Records

Existing exchanges have long been facing criticism due to their high transaction fees, less transparency, and limited options. To solve these issues, Tradecurve has built a new trading platform. Considering the market trends, this new exchange can become one of the top trading platforms soon.

There were just 5 million crypto owners in 2016, but they have now grown to over 420 million. This shows how fast the market and crypto trading is expanding. It has also increased the demand for crypto exchanges that can meet the requirement of the evolving market.

This new exchange allows the trading of multiple assets, like cryptocurrencies, forex, futures, bonds, and many more. It enables everyone to execute trades without going through any KYC procedure. On the contrary, trading platforms like KuCoin and Binance, mandatorily require users to submit their personal information for executing trades.

Besides, Tradecurve has incorporated 2FA security and functions on proof-of-reserves. It also has a negative balance protection mechanism and a VIP account service. The platform’s native token is TCRV, which has been developed on Ethereum. The token holders will receive exclusive deposit bonuses, staking rewards, and discounts on trading fees.

Currently, a TCRV token costs $0.025. The platform’s presale is currently in the fifth stage, and its value will increase to $0.029 in the next stage. The project has raised over $4 million so far, and its market value may jump by 100 times after the listing on tier-1 exchanges.

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

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