BNB (BNB) and OKB (OKB) Will Face New Competition from Tradecurve (TCRV)
Photo: Tradecurve
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The cryptocurrency sector continues to experience a rapid level of growth and innovation, where new projects and startups are emerging on a daily basis. One such project is Tradecurve, an upcoming hybrid exchange platform, which has made waves as it embarks on its presale journey. Analysts predict that Tradecurve can become a heavy competitor to altcoins like BNB and OKB, so let’s get into the specifics of why this is the case.
BNB (BNB) and Its Current Price Momentum
As of June 27, 2023, the BNB cryptocurrency traded at a value of $238.09. During the past week, the low point for BNB was at $233.05, while the high point was at $254.43. During the past seven days, BNB only decreased by 0.8%, and in the last 24 hours, it saw a decrease in its value by 0.2%.
With this in mind, it is clear that BNB has begun to stagnate in value, and this could be attributed to the recent legal action taken by the SEC against Binance, coupled with the increased competition that the exchange is facing. Furthermore, BNB is still down 65.28% from its all-time high at $686.31, which occurred on May 10, 2021. If BNB does not break past $250 again, it could see a bearish future.
The Performance of OKB (OKB) Based on Its Chart Data
OKB traded at a value of $44.23 on June 27, 2023. During the past week, the low point for the cryptocurrency was at $41.31, while the high point was at $46.28. During the past seven days, the cryptocurrency increased in value by 6.4%, and in the last seven days, the overall increase was by 9.8%.
It’s clear that OKB has indeed seen an increase in its value, but it has been minimal. While still in the green zone, analysts predict that OKB needs to break past $50 in order to pick up the momentum and achieve a significant bullish run.
Photo: Tradecurve
How Tradecurve (TCRV) Is a Main Competitor and How Far It Can Climb
Aside from BNB and OKB, another cryptocurrency that has gained a significant level of attention from investors and traders with its recent growth has been the TCRV token, which serves the role of providing utility within the Tradecurve ecosystem.
As evident from the two other projects, the Binance and OKX exchanges will typically specialize in cryptocurrencies only, have high fees, and require users to complete a KYC procedure, which can discourage investors from using them as they will lose the anonymity that they have.
However, Tradecurve changes this by being a hybrid exchange where anyone, no matter their geographical location, will be able to trade crypto and all derivatives from a single account whilst also implementing self-custodial portfolio management, low latency, fast order execution, and even low trading fees.
Another huge selling point behind Tradecurve is its focus on privacy, where users are not required to complete any sign-up KYC checks. Moreover, the exchange is also feature-rich and introduces benefits for newcomers and experienced traders.
All traders will be able to access high leverage, starting at 500:1, a dedicated trading academy, Proof of Reserves (PoR), a VIP account system, and negative balance protection. Anyone can deposit crypto into the exchange and begin trading, where the crypto will be used as collateral.
At the center of all of this is the TCRV token, which is now undergoing Stage 4 of its presale. One TCRV token costs just $0.018, and there is now a 50% deposit bonus that will end on Monday, July 3, 2023. The team has already raised $2.8 million, and over 12,500 people have signed up for Tradecurve. With its current momentum, analysts predict that the TCRV token can climb in value by 50x during the presale, and 100x value when it launches.
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