2023 Market Outlook - Real-World Utility Tokens Like Tradecurve, Or Memecoins Like Shiba Inu?

A revolutionary breakthrough in the world of cryptocurrencies has begun with Tradecurve (TCRV). The unique asset trading platform is set to surpass the memecoin era of coins like Shiba Inu (SHIB), which has been disappointing crypto holders since the start of this year.

>>Register For The Tradecurve Presale<<

Shiba Inu (SHIB) Struggles: 91% of Holders Incur Losses as Price Plummets and Lawsuits Shake the Market

Shiba Inu (SHIB) has been facing a challenging period as of late. Recent data from IntoTheBlock paints a rather grim picture for Shiba Inu holders, with a staggering 91% of them currently incurring losses on their positions. This significant majority finds themselves "out of the money," and grappling with the consequences of the recent price drop. 

Over the weekend, Shiba Inu experienced a substantial decline, with its value plummeting as much as 23%. It also reached multi-month lows of $0.0000543. The filing of lawsuits against major exchanges, Binance and Coinbase, sent shockwaves through the crypto market, leaving Shiba Inu and several altcoins reeling. 

Despite a modest recovery, Shiba Inu remains significantly down from its opening price this month, further amplifying the concerns of its holders. Though Shiba Inu has demonstrated a minor rebound, with a 1.95% increase in the last 24 hours, its current value of $0.0000068 represents a substantial drop of 92.23% from its all-time high of $0.000088. 

The prolonged bear market also played its part in diminishing the value of Shiba Inu, contributing to the overall pessimism among holders.

Tradecurve selling out at record rates, buyers rush to pre-book their tokens

Tradecurve (TCRV), an Ethereum-built trading platform, brings the most awaited solution for global asset investors and traders. It introduces a hybrid infrastructure model that leverages decentralization. This also regulates the platform with needed centralized measures to allow trade in stocks, forex, commodities, and thousands of other assets.

However, one can buy a TCRV token, after registering their account simply via email. With this one account, traders can fund a range of cryptos to start exchanging global assets on-chain. Most recent data states that Ethereum-built protocols contribute more than 90% of the total DeFi TVL. Hence, the emergence of Tradecurve can significantly boost these statistics.

The best benefits of buying in this token are its 20 to 80% discounts on trading fees. They are also other subscriptions, passive income through staking, and multiple rewards and bonuses. One can get the token at $0.025, which will soon reach $0.029 and eventually cross $1. 

The TCRV token is estimated to 80x after launch, and 100x as it grows the platform. Only 40% of the total token supply is available for the presale buyers.

For more information about the Tradecurve (TCRV) presale:

Website: https://tradecurve.io/ 

Buy presale: https://app.tradecurve.io/sign-up 

Twitter: https://twitter.com/Tradecurveapp 

Telegram: https://t.me/tradecurve_official

This post was authored by an external contributor and does not represent Benzinga's opinions and has not been edited for content. This contains sponsored content and is for informational purposes only and not intended to be investing advice. Cryptocurrency is a volatile market; do your independent research and only invest what you can afford to lose. New token launches and small market capitalization coins are inherently more risky than large cap cryptocurrencies. These tokens are subject to larger liquidity and market risks.