Investors always prefer to invest early in a growth-bound project to earn the maximum ROI. This tendency has caused Tradecurve’s presale to become a favorite investment option among investors. It has captured all the market attention due to its potential of growing 100x this year. On the contrary, Fantom (FTM) and Polkadot (DOT) are losing investors’ confidence, and trading in the red.
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Fantom (FTM) Launches New Incentives For Developers
The market conditions have become sour for Fantom, as the value of FTM has been on a continuous decline. The trading price of Fantom (FTM) has plunged by 23% in the past month. As a result, Fantom (FTM) is now trading at $0.32, which is 91% below its peak price of $3.48.
To fight market bears, Fantom (FTM) has introduced a new gas monetization incentive scheme for developers to increase activity on its network. As per the new scheme, developers on the Fantom (FTM) network will receive 15% of the gas fees they generate. However, analysts opine that it may not fetch any significant outcome for Fantom (FTM), as the scheme is not open to all developers. As per the official announcement by Fantom (FTM), the new gas monetization program will be applicable only to the dApps that are more than 3 months old, and have done more than 125,000 transactions.
Polkadot (DOT) Announces Polkadot Decoded 2023 Event
Amid the ongoing market turmoil, Polkadot (DOT) has announced the fourth edition of its annual flagship event, Polkadot Decoded. According to the official announcement by the Polkadot (DOT) network, the event will take place on June 28 and 29 in Copenhagen.
The Polkadot (DOT) event will feature several industry figures as key speakers. With this event, Polkadot (DOT) aims to boost its popularity, which has been plummeting for the past many weeks. According to Santiment’s data, social mentions about Polkadot (DOT) have tumbled by 40% in the last month. The price of Polkadot (DOT) has also nosedived by more than 8% in the past 30 days. Currently, Polkadot (DOT) is available to trade at $5.24.
Tradecurve Clinches Enormous Presale Growth
Tradecurve has built a disruptive Web3 crypto exchange allowing for the trade of all derivatives using cryptocurrencies. It is a state-of-the-art exchange that enables traders to trade a variety of derivatives with only one account that can be created using an email ID. Here, traders can use any cryptocurrency as a deposit, and trade without fiat currency.
Crypto exchanges, like Binance and Kraken, require users to reveal their personal data during registration. But Tradecurve has not implemented the KYC verification process, thereby protecting users’ privacy. A negative balance protection mechanism, a Metaverse Trading Academy, and a VIP account facility are also provided by the platform.
Since the market size of crypto exchanges is expected to grow at a CAGR of around 28% in the next seven years, the new trading exchange is poised to reach new market heights. Its presale is now going through the third stage, and is projected to raise $20 million before its completion.
Currently, the price of a TCRV token is $0.015, but it is likely to rise by 50x in the next few months. After the presale round, TCRV tokens will be getting listed on Uniswap, and other centralized exchanges. According to developers, the platform will supply a total of 1.8 billion tokens, and only 40% will be available during the presale phase.
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