Analysts Predict Tradecurve Will Rise 100x in 2023 - Filecoin (FIL) and TRON (TRX) Could Be Highly Risky

Since the beginning of 2023, the crypto market has been trying to rebound, and the entry of Tradecurve (TCRV) is serving as a catalyst. On the contrary, well-established projects like Filecoin (FIL) and TRON (TRX) have struggled to sustain in the tumultuous market conditions.

The project’s presale has reignited a bullish flare among investors. Hoards of investors have started accumulating presale TCRV tokens, which are pegged to rise by 100x in the next six months.

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Filecoin (FIL) Falls Due to SEC’s Stance

Filecoin (FIL) has become the largest deployed zk-SNARK network. As per the official announcement by Filecoin, the network is producing significant 6-7 million zk-SNARK proofs daily. Despite the announcement, Filecoin has not been able to move into the green zone, as its price has tumbled by 19% in the past month.

Currently, Filecoin is available to trade at $4.24. According to analysts, the U.S. Securities and Exchange Commission’s stance against Filecoin has been the main reason behind the fall of FIL. Recently, Filecoin was described as a security by the SEC. This has made investors jittery about the future survival of Filecoin.

TRON’s (TRX) Development Activity Plunges

Recently, the TRON (TRX) network set a new record high in the daily transactions count. The TRON community hopes that an increase in transactions will push the price of TRX northward in the coming weeks. However, experts are still apprehensive about the growth prospects of TRON.

As per the latest data from Santiment, the development activity on the TRON network has plunged by more than 25% in the past week. This, in turn, has also hurt the price movement of TRON. At press time, the market value of TRON has tumbled by 2.40% on the 24-hour chart. Hence, TRON is currently changing hands at $0.0791.

Tradecurve Emerges as Market Champion

The number of crypto users has exploded in recent years, from 5 million in 2016 to over 400 million in 2022. Subsequently, crypto trading has also become mainstream. However, traders are disenchanted with centralized trading exchanges like Binance and Kraken, due to high transaction fees, opaqueness, and limited profit margins. To address these problems, Tradecurve (TCRV) has come up with a unique decentralized trading exchange.

It allows people to trade all derivatives, including cryptocurrencies, forex, equities, and others, with a single account. The platform does not impose any KYC requirements, and users merely need an email ID to open an account. As opposed to centralized exchanges like Coinbase, Tradecurve allows traders to control their private keys and assets.

TCRV tokens will run the platform’s ecosystem, which comprises Automated Trading & AI, Metaverse Trading Academy, Social Trading, and Exchange. Token holders will also receive discounts on transaction fees, and exclusive bonuses. The tokens can also be staked to the liquidity pool to yield a passive income.

A couple of stages of TCRV’s presale completed sooner than anticipated, and the third phase is looking more convincing. The buying price of TCRV tokens has soared from $0.01 to $0.015, and analysts believe that early investors can get 50x profit during the presale phase.