Historically, the blockchain space has not been a stranger to volatility. Cryptocurrencies can suddenly increase or decrease in value, and this uncertainty is what keeps investors and traders engaged and excited.
The second largest cryptocurrency, Ethereum (ETH), has recently flatlined in value. Many have turned their attention to lesser-known altcoins but have showcased significant returns for investors and traders. Render Token (RNDR) and Tradecurve (TCRV) have gathered significant attention from investors and traders, and today, we will go over why this has been the case by analyzing the performance of their prices.
Ethereum (ETH) Flatlines in Value
When we review the performance of the Ethereum (ETH) cryptocurrency, it has flatlined at $1,855.40 as of May 23, 2023. In fact, when we review its recent weekly performance, Ethereum (ETH) saw its low point at $1,810.47 and its high point at $1,869.17 within the last seven days. During the last 30 days, Ethereum (ETH) only saw a slight decrease of 0.7%. In the last 24 hours, it increased by just 2.3%.
Ethereum (ETH) has halted its momentum and is flatlining completely. This level of stability is not expected from the Ethereum (ETH) cryptocurrency, as many investors get into it to see it fluctuate in value and provide them with returns. As a result, Ethereum (ETH) investors are now diversifying with other projects, such as Render Token (RNDR) and Tradecurve (TCRV).
Render Token (RNDR) Sees Significant Increase of 35%
The Render Token (RNDR) network provides decentralized, GPU-based solutions for rendering content. The Render Token (RNDR) utility token is designed to be a payment currency.
The Render Token (RNDR) cryptocurrency recently saw a jump in the value of 35%, and within the last month, its overall growth was by 53.4%. It is clear that Render Token (RNDR) has a bullish outlook ahead of it and, as a result, has gained the attention and appeal of traders. But Render Token (RNDR) isn’t the only altcoin to grow this week, as TCRV has also experienced significant growth.
Tradecurve (TCRV) To Increase 100x At Launch
With the recent Ethereum (ETH) flatline, more investors than before are looking for alternatives to invest in, and the Tradecurve platform has gained a lot of attention. Tradecurve is a hybrid exchange built on top of Ethereum, and, compared to competing centralized exchanges, it aims to resolve some of the key issues in the trading industry today.
Unlike Binance, Kraken, Coinbase, and others, Tradecurve will not require any user to complete a KYC procedure and will have the lowest fees in the industry. Moreover, the platform will implement Proof of Reserves (PoR) to bolster a high level of investor transparency. Each user of Tradecurve will also not be limited to trading cryptocurrencies exclusively, as they will also be able to trade forex, ETFs, options, commodities, bonds, and much more.
TCRV grew by 20% in value in the past week during its presale. At Stage 2 of its presale, the TCRV utility token trades at just $0.012. Analysts have predicted that the cryptocurrency can increase by 100x at launch. The Tradecurve presale can raise $20 million, and the team is looking to onboard 100,000 clients in the first three months of its launch. Only 40% of the total supply of TCRV tokens is available during the presale, so the quantity and growth potential are limited.
For more information regarding Tradecurve’s presale, see links below:
Website: https://tradecurve.io/
Buy presale: https://app.tradecurve.io/sign-up
Twitter: https://twitter.com/Tradecurveapp
Telegram: https://t.me/tradecurve_official
