Dogecoin, one of the leading meme coins has recently suffered some major losses forcing its price to a six-month low. With the price of Dogecoin dropping, some holders are considering selling their DOGE stakes, but is it the right time? Many experts do not think so, predicting that Dogecoin and the token of the new Tradecurve hybrid exchange will enjoy a bullish second half of 2023.
Rough Market for Dogecoin: Time to Sell DOGE?
Dogecoin (DOGE) has endured one of the biggest price drops over the last two months, with its price falling by more than 39% from its April high of $0.1026. Dogecoin now trades at $0.06181, but is it time to sell the meme coin?
Expert Prediction for DOGE in 2023
Since the start of June, the mean coin age of Dogecoin has increased by more than 5% – from 54,317 to 57,219, indicating growing bullishness among long-term DOGE holders. This is important as experts highlight that more than 70% of the DOGE total supply is held by long-term investors. DOGE is currently warming up for a big price move.
Crypto market experts, including Thomas Negeri, have expressed their bullish sentiments about Dogecoin, predicting the meme coin would perform better in the second half of the year. From its current price of $0.06182, many experts have predicted that DOGE will end the year trading as high as $0.158 – a 150% price increase forecasted for the second half.
New Hybrid Exchange Billed to Dominate in 2023
Another project experts are super bullish about for the second half of 2023 is the new hybrid exchange, Tradecurve. But unlike Dogecoin, Tradecurve (TCRV) has been bullish over the last two months, raking in gains of 50%, as its price rose from $0.01 to $0.015.
So, why are experts still bullish about the prospects of Tradecurve in the second half of 2023?
With centralized exchanges being hit by a barrage of lawsuits from regulators, many crypto traders are migrating to other types of exchanges decentralized and hybrid.
The latter, to which Tradecurve belongs, is growing in interest as it combines the best features of centralized and decentralized exchanges to create a platform that is highly secured, privacy-centric, transparent, allows users to manage their private keys, and offers good liquidity.
These features put Tradecurve above most centralized exchanges, but it is its all-inclusive trading platform where users will be able to trade stocks, FX, commodities, and options, along with crypto which has piqued the interest of market experts.
According to experts, this hybrid exchange has the potential to compete for the top crypto exchange spot in 2023. As the platform enjoys more adoption amidst the struggles of centralized exchanges, market experts have predicted that Tradecurve’s native token, TCRV, will dominate in the second half.
Now valued at $0.015 in stage three of its presale, experts forecast that the token could trade as high as $1.5 by the end of the year.
For more information about the Tradecurve presale:
Click Here To Buy TCRV Presale Tokens
Join Our Community on Telegram
[thrive_leads id="228374"]