Conflux (CFX) and Tradecurve (TCRV) have also surged in value and have gained the attention of investors and traders. We will be jumping into all these projects to see why this has been the case.
Glassnode’s Take on Bitcoin (BTC)
Through a Twitter post on May 22, 2023, Glassnode noted that Bitcoin (BTC) had displayed a high level of stability within the past week, with a narrow trading range of just 3.4%.This consolidation phase represents the tightest one observed within the span of the previous three years. Glassnode's experts believe that significant market movements have typically followed after such high periods of stability. The current state of the stability of Bitcoin (BTC) is also a potential indicator of extreme future volatility.
As of May 23, 2023, the Bitcoin (BTC) cryptocurrency trades at $27,318.82. In the last 30 days, Bitcoin (BTC) declined by 1.5%, and in the last 24 hours, it increased by 1.6%It is clear that Bitcoin (BTC) is stalling and is stable regarding its value.
Conflux (CFX) And Its Surge
The Conflux (CFX) team announced on May 23, 2023, that seamless cross-chain transactions with the Conflux (CFX) cryptocurrency became available through the SWFT Bridge. Users can now swap Conflux (CFX) with over 4000 crypto options.
The value of the Conflux (CFX) cryptocurrency is $0.323745. Within the last month, Conflux (CFX) surged in value by 10.2%, and in the last two weeks alone, its value increased by 27.9%.
This means that Conflux (CFX) has surged in value, and investors are bullish about its future. But Conflux (CFX) isn’t the only cryptocurrency to showcase significant returns, as this has also been the case with another emerging token named TCRV.
Tradecurve (TCRV) and Its Upward Momentum
TCRV is the native utility token behind the Tradecurve platform. The Tradecurve exchange is hybrid and utilizes the best elements from both CEXs and DEXs.
While on competing platforms like Binance or Coinbase, users can exclusively trade cryptocurrencies, Tradecurve is a platform where, alongside cryptocurrencies, users can also trade stocks, forex, and commodities, all from a single account.
Most platforms will also require users to complete a Know-Your-Customer (KYC) procedure that completely removes the privacy and anonymity appeal found in the blockchain industry. The Tradecurve team knows this and will not require any user to complete KYC. To trade, users can just create an account, deposit a cryptocurrency, and use that cryptocurrency as collateral when making trades. The platform will also have the lowest fees in the industry.
Some of the more advanced and unique features implemented on top of Tradecurve also include high leverage, starting at 500:1, algorithmic trading, a VIP account service, negative balance protection, and the Metaverse Trading Academy, through which newcomers can get insights into the blockchain industry.
TCRV is the utility token behind the platform, and in the last week, it increased in value by 20%. During stage 2 of its presale, TCRV trades at $0.012. Analysts predict that its value can climb 50x during the presale and by 100x at launch, making it one of the best investment opportunities in 2023.
For more information about TCRV presale tokens:
Buy presale: https://app.tradecurve.io/sign-up