Shiba Inu and Pepe are two meme coins that have enjoyed significant success in 2023. However, the last few months have come with significant challenges. As these challenges mount, investors are asking what next for Shiba Inu and Pepe? On the flip side, Tradecurve Markets is emerging as a contender for the top crypto exchange in 2023.
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What Next for Shiba Inu After Drop Below $0.00000700?
Hopes were high when the layer 2 network, Shibarium, launched in August. However, the Shiba Inu coin, SHIB, has failed to live up to expectations. For weeks after it launched, the Shiba Inu price was locked in the $0.00000700 and $0.00000800 range.
However, there is even more concern in the Shiba Inu community after a drop below $0.00000700. With SHIB trading below this support for the first time since June, investors are asking what is next for Shiba Inu. Although the price of the meme coin is dropping, analysts are still bullish about SHIB.
The reason is because of the expansion of the network. As Shiba Inu shifts from a meme coin with the launch of TREAT, a metaverse, a DEX, and dApps of Shibarium, the price of SHIB is expected to improve. According to crypto experts, the price of Shiba Inu could reach $0.00001038 before the end of the year.
What Next for Pepe Coin (PEPE)?
In May 2023, Pepe Coin was the hottest crypto, rallying to an all-time high of $0.00000431. However, as the hype surrounding the frog-themed meme coin faded, its price plunged. The price of Pepe coin has now declined to $0.00000066.
Unlike Shiba Inu trying to adopt utility, Pepe Coin is solely a meme coin. Crypto experts have pointed this out as the major reason for the failing Pepe coin price. Until the project incorporates more utility, its price is expected to continue falling.
The community has acknowledged this, putting forth proposals for projects on the Pepe network. These proposals span across dApps and NFTs to be launched for Pepe. However, until these projects are actualized, the meme coin may continue struggling.
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Tradecurve Markets Emerge As Top Crypto Exchange Contender
While Pepe and Shiba Inu have been struggling, Tradecurve Markets has been growing in popularity. The platform is becoming popular as it opens up the DeFi space to the derivatives market – one of the biggest trillion-dollar markets in the world.
Tradecurve Markets is building a decentralized trading platform with support for trading of stocks, options, forex, commodities, and ETFs. Even more impressive, all these financial instruments will be available from one Tradecurve Markets account.
🟢Exciting news
The #TradeCurve Demo Platform is NOW LIVE!
Dive in, explore, and experience the future of trading. We value your insights – sign up, give it a whirl, and share your feedback with us.
Let's shape the future together! 👉🏽https://t.co/nuKSMkeh21#Cryptotrading pic.twitter.com/HuMKbBeI7D
— Tradecurve (@Tradecurveapp) September 11, 2023
This means that users of the platform would no longer need to have multiple accounts in the derivatives market. In addition, as a decentralized platform, Tradecurve Markets will also support anonymous trading, further increasing its reach across the world.
Crypto experts have explained that the potential of Tradecurve Markets could see it become one of the top crypto exchanges. The project is still in presale, with its native token, TCRV, trading at $0.030. Crypto experts have predicted that the token can trade as high as $0.5 this year.
For more information about the Tradecurve Markets (TCRV) presale:
Website: https://tradecurvemarkets.com/
Buy presale: https://app.tradecurvemarkets.com/sign-up
Twitter: https://twitter.com/Tradecurveapp