The cryptocurrency industry is going through a volatile phase, with many long-running projects falling to the ground. Monero (XMR) and Enjin Coin (ENJ) are two such cryptocurrencies that have experienced a serious decline in recent weeks. On the contrary, Tradecurve (TCRV), a new token, has registered a huge presale success.
So their investors are scared and wondering if they should keep holding these tokens.
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Monero (XMR) developer accused of being an Interpol mole
Monero (XMR) was pushed into a minefield after rumors surfaced that its lead developer works for Interpol. This has emerged as one of the biggest threats to the survival of Monero, which prides itself on being the best privacy-focused cryptocurrency.
Monero’s authenticity came into question after cybersecurity researcher James Edwards tweeted that the cryptocurrency’s lead developer, Riccardo Spagni, has become an informant for Interpol. James claimed that Spagni helped Interpol track 50% of all transactions made on Monero.
But Spagni was also quick to deny these allegations by claiming that he never helped any government agency against Monero. Meanwhile, Monero’s trading price is down more than 5% in the past week. You can currently trade Monero tokens for $154.29.
Enjin Coin (ENJ) loses its charm in March
Enjin Coin (ENJ) started 2023 on a high after the token posted back-to-back gains in the first two months of the year. But Enjin Coin failed to continue the same growth momentum in March. It can be measured by the price trajectory of Enjin Coin.
The trading price of Enjin Coin is down about 1% on the monthly chart. The current market price of Enjin Coin has dropped to $0.39. However, Enjin Coin has engaged in several development activities in recent weeks.
Therefore, the Enjin Coin community hopes that the updates that the platform recently launched will support the price in the coming months.
>>Sign up for the Tradecurve Presale<
Tradecurve’s unique presale (TCRV) is taking the entire market by storm
After the market crash of 2022, which wiped out $1.3 trillion from the crypto world, investors had become nervous about this sector. In addition, the collapse of the FTX exchange and Bittrex has made them more hostile towards cryptocurrencies. However, the launch of a new trading exchange, Tradecurve (TCRV), has given them confidence.
It is a blockchain-based trading platform that allows users to trade cryptocurrencies, CFDs, bonds, forex, OTC derivatives, stocks and more on a single platform. The platform helps traders maintain anonymity while executing trades by leveraging DeFi capabilities.
Tradecurve is a permissionless and borderless exchange, which is expected to raise $20 million during the presale round. Comparing this to Binance’s ICO, Tradecurve emerges as more successful as the latter was only able to raise $15 million during the pre-sale.
VIP account service and the Metaverse trading academy are two sample features of the project, making it more profitable and attractive than other exchanges Huobi Coinbase.
The total supply of TCRV tokens will reach 1.8 billion. At the moment, a TCRV token can be bought for $0.018, and analysts predict that the value of the project will increase by 80x during the presale phase.
For more information on the Tradecurve (TCRV) presale:
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