Cryptocurrencies have emerged as a notable choice for investments, presenting individuals with new prospects within the financial sector. While the hype surrounding Conflux and Optimism is currently fading out, investors are moving to newer projects like Tradecurve which analysts have predicted will explode in July.
Conflux (CFX) Plunges Despite China Hype
Despite the ongoing regulatory scrutiny in the US, recent reports are suggesting that China might be changing its stance towards cryptocurrencies indirectly by secretly endorsing Hong Kong and its adoption of cryptocurrencies. Currently, Conflux is the only regulatory-compliant public blockchain in China and it uses a hybrid PoW/PoS consensus.
Earlier in February, the China hype pushed Conflux’s native token, CFX, to the top 100 largest coins in the crypto space. At the time, the price of Conflux soared 510% to $0.31. However, the price of Conflux (CFX) has dropped lately trading at $0.198693 today, a 2.79% price decline in the last 24 hours. Over the last seven days, the price of Conflux (CFX) has dropped by 8.22%, showing a declining interest in the crypto.
Is Optimism (OP) Still A Worthy Opponent For Ethereum?
Optimism is a layer-2 scaling solution compatible with the Ethereum Virtual Machine (EVM) that many predicted will surpass Ethereum. Optimism (OP) employs a system known as optimistic rollup to facilitate transactions. In this system, the majority of transaction operations occur on a separate blockchain and are subsequently verified in batches on the Ethereum blockchain. This approach significantly enhances the transaction speed of Optimism, making it 10 to 100 times faster than regular Ethereum transactions, while also reducing costs significantly.
At the peak of the hype, Optimism (OP) reached an ATH of $4.5692. However, the token is currently under bearish pressure trading at $1.26, dropping 5.04% in the last 24 hours. Also, the trading volume of Optimism has dropped by 31.19% to $70,925,621, signifying reduced market activity. According to DeFillama, the network’s TVL had dropped to $851.61 million.
Tradecurve (TCRV) And Its Unique Features
Tradecurve’s utility token witnessed remarkable growth as it attracted the interest of both novice and experienced investors through its hybrid exchange approach, which combines the advantages of centralized and decentralized solutions.
Additionally, the Tradecurve platform offers a notable feature: the option for users to subscribe to automated AI trading bots. These bots can execute trades with greater speed and efficiency compared to manual trading. They can analyze and monitor price movements, and market conditions, and execute trades based on user-defined strategies.
Tradecurve (TCRV) to Skyrocket 40% In July
In June, the price of Tradecurve increased by as much as 80% to set a new trading high at $0.018. However, Tradecurve has maintained its bullish momentum, with analysts predicting that the token’s price will soar by 40% from $0.018 to $0.025.
The Best Future Investment?
The future of Tradecurve is so bullish that many analysts believe that the token could trade as high as $1.5 this year. Investors who are looking to grow their assets are already jumping on the bandwagon to get the highest ROI.
To find more information about Tradecurve and the TCRV token, visit the links below:
Click Here For the Website
Click Here To Buy TCRV Presale Tokens
