The cryptocurrency market continues to present exciting opportunities and developments, with Optimism (OP) and Sui (SUI) leading the way in unlocking significant value through token releases.
Simultaneously, the Tradecurve (TCRV) Stage 3 presale is poised to make waves in the exchange arena. Today, we will explore the unlocking of tokens by Optimism and Sui, estimated to be worth $650 million, while also discussing Tradecurve’s potential to raise $20 million.
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Optimism (OP) to unlock $587M worth of tokens
Optimism (OP), a prominent layer-2 scaling solution for Ethereum, has been instrumental in addressing the network’s scalability challenges. Optimism utilizes optimistic rollups to enhance transaction throughput while reducing costs significantly.
Optimism is now getting ready for a planned token release on May 31. As a result, 9% of the entire supply, or over 386 million Optimism tokens, valued at more than $587 million at the current price, will be released.
The much-awaited Bedrock update for Optimism is also scheduled to take place on June 6. Lower transaction costs, greater network security, and enhanced Ethereum interoperability are all predicted outcomes of this upgrade. At the moment, Optimism is trading hands at $1.41 with a market cap of $911M, up 2.05% in the last 24 hours.
Sui (SUI) to unlock 61M tokens
Sui (SUI), the cutting-edge, decentralized Layer-1 blockchain that transforms the concept of property ownership, will also unlock a vast amount of tokens. Although smaller than Optimism, Sui will unlock 61M tokens worth $62M on June 3.
Sui also states that until November, there will be more regularly occurring unlocks similar to this one until the circulating supply doubles, akin to the Optimism unlock that will happen this week. In any event, the Sui unlock differs significantly in that the concerned tokens will be given away as airdrops to retail consumers. Additionally, the Sui Foundation will provide a portion of the tokens.
Currently, Sui has a value of $0.9579 with a market cap of $506M, a fall of 0.24% in the past day alone.
Tradecurve (TCRV) and its promising $20M presale run
During these Optimism and Sui unlocking events, Tradecurve (TCRV), a rising Stage 3 presale star, is positioning itself to secure a significant fundraising round. This borderless, Ethereum-based trading platform will establish a private trading environment where individuals worldwide may enter the flourishing forex, commodities, stocks, and crypto markets.
The trading process on Tradecurve is quick and easy. You may instantly start trading numerous asset classes by creating an account (by giving a valid email address and nothing else), connecting your crypto wallet, and depositing the cryptocurrency you choose to trade.
Moreover, Tradecurve will implement plenty of unique features to give it a competitive edge. Users can subscribe to automated & AI trading bots with a proven track record, enroll in a metaverse trading academy, and copy trades from veteran traders by subscribing to them.
Holding the native token of this platform, TCRV will be the key to obtaining discounts on these trading fees, governance voting rights, and exclusive trading account rewards. Currently, the TCRV token costs only $0.015, and each purchase comes with a 25% deposit bonus. The presale for TCRV is still young, and the price will increase as more people are introduced to it.
With experts predicting a 50x increase in the price as the presale finishes and an additional 100x rise after the token gets launched and listed on a Tier-1 CEX, it is safe to say that Tradecurve presents the most promising investment option of 2023.
All of these increases will likely result in Tradecurve raising $20 million in funds, demonstrating investors’ confidence in the platform’s vision and potential. The capital raised will enable Tradecurve to enhance its functionality further and topple the likes of OKX and Huobi as it becomes a top three global exchange.
For more information about the Tradecurve presale:
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