Axie Infinity (AXS) Continues To Struggle, Tradecurve To Lead The Bull Market In 2023

Amid the current tumultuous market conditions, Tradecurve has emerged as a rare crypto gem that is offering high returns at no risk. Experts and investors are convinced that this project will lead the next market bull run this year. Meanwhile, Axie Infinity (AXS) investors are losing their patience as the value of AXS has gone below a critical point. Let’s read in detail.

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Axie Infinity (AXS) Faces Threat to Its Survival

The US Securities and Exchange Commission has dropped a bombshell in the crypto world, and Axie Infinity (AXS) has become one of the sufferers. Recently, the SEC filed a lawsuit against the world’s largest crypto exchange, Binance, for violating US laws and misappropriating customers’ funds. However, in the lawsuit, the SEC has labeled several cryptocurrencies, including Axie Infinity, as a security.

This has made Axie Infinity subject to legal scrutiny. Moreover, if the SEC’s arguments are found valid by the court, Axie Infinity can face a threat to its existence in the US. Therefore, AXS investors as well as the Axie Infinity community have become worried about the project’s future.

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Axie Infinity’s performance on the price chart has also been discouraging for its investors. The price of Axie Infinity has tumbled by over 9% in the past 30 days. As a result, the trading price of Axie Infinity has plunged to $6.64, which is 96% below its peak price of $165.37.

Meanwhile, Axie Infinity has resorted to expanding its range of games to attract new users, and increase its use cases. Through an official blog post, Axie Infinity announced that “a range of games” can apply to “competitive Axie Grants.” However, experts believe that the announcement may not be able to fight the bearish sentiments around the project, and Axie Infinity can see a further fall in its price in the upcoming weeks.

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Tradecurve Goes Ballistic During Presale Stage 3

More than 15% of global crypto users consider cryptocurrency trading as their primary source of income. Besides, over 50% of the users do not take it as a hobby. These numbers signify the growing acceptance and importance of cryptocurrencies. Subsequently, the demand for crypto exchanges is also skyrocketing, and Tradecurve (TCRV), a new decentralized exchange, is at the forefront.

It allows the trading of cryptocurrencies, and all other derivatives on a single platform. Traders can open an account by using an email address. Next, they can deposit any crypto for collateral purposes, and start trading without any permission. It offers distributed liquidity and non-custodial storage to enhance security. Besides, leverage trading, starting with a ratio of 500:1, is available on this exchange.

You can now purchase a TCRV token for $0.025. Since it is projected to pump by 150% during the presale, and 100x by the end of the year, locking these tokens now is the most beneficial.