Analysts examined on-chain metrics and found two projects that are moving away from the mainstream.
Markets suffered a brief downturn due to the ongoing debt ceiling crisis and fears of imminent regulatory action. However, Shiba Inu (SHIB) has had great success with its second-tier scaling solution, Shibarium, which has executed over ten million transactions.
Tradecurve (TCRV), an up-and-coming trading platform, has seen a massive surge in demand and is on track to raise $20 million in its pre-sale alone.
Shiba Inu (SHIB): Shibarium Presents Impressive Metrics
Shiba Inu (SHIB) has sparked renewed interest, which is reflected in the other tokens within the Shiba Inu (SHIB) $BONE & $LEASH ecosystem. Shibarium, the second-tier scaling solution developed by the Shiba Inu (SHIB) developers, has been driving this uptick.
It recently passed a critical 10 million transaction mark, and the momentum continues to build. Shibarium will allow Shiba Inu (SHIB) keepers to trade at much lower gas rates. If it can replicate the success of other second-tier scaling solutions like Arbitrum (ARB) and Optimism (OP), it will provide a huge advantage for Shiba Inu (SHIB) long-term assessment.
This scaling solution from Shiba Inu Developers (SHIB) will also increase the demand for tokens in the ecosystem, as validators will need to stake $BONE to participate in the network.
Analysts forecast the Shiba Inu (SHIB) to range between $0.00001560 and $0.00001843 by the end of next year, offering an easy 2x profit for investors at its current price.
Tradecurve (TCRV) On Track to Raise $20 Million in Presale
Low latency trading, high leverage and unrestricted access to global markets – Tradecurve has it all. This emerging protocol has entered the second phase of its pre-sale, quickly attracting the attention of two key groups: analysts and experienced traders.
Analysts cite the integration of artificial intelligence (AI) trading algorithms and institutional-grade liquidity as enhancing the cutting-edge trading experience. Furthermore, they claim that the growing demand for decentralized services, especially leveraged products, given that millions of retail clients live in jurisdictions that prevent them from accessing markets fairly, would create significant buying pressure.
Traders, in turn, appreciate three aspects of the protocol. First, Tradecurve facilitates anonymous trading, allowing users to start using the platform with just an email address and cryptocurrency as collateral.
Second, the high leverage and speed of execution, and lastly, the variety of markets that Tradecurve offers. Traders can buy and sell with up to 500:1 leverage on the forex, cryptocurrency, stock and commodity markets, giving them unparalleled freedom to do what they do best in any asset class they choose.
On-chain presale engagement data is strong, in line with analyst predictions that the protocol will raise $20 million in its presale and that the platform’s token, $TCRV, will appreciate 5,000% in the coming months.
Being one of the most exciting ICOs seen in 2023, with plans to sign up 100,000 traders within the first three months of operation, Tradecurve is a potential standout protocol this year.
By Audy Castaneda
