Stellar (XLM), Algorand (ALGO) Price Prediction


We are half way through 2023 and the market has had quite a few ups and downs. However, many cryptocurrencies are still in a bearish period. Their market performance has led investors to look for projects with resilience and stable growth prospects.

One project that has been ruling the crypto world since its presale launch is Tradecurve. Experts believe that the new project is the best tangible investment opportunity for 2023. At the same time, they do not have an optimistic view of projects such as Stellar (XLM) and Algorand (ALGO).

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Stellar’s (XLM) growing ecosystem aids price trajectory

The past few weeks have been quite optimistic for Stellar (XLM), due to network growth. The market value of Stellar (XLM) is up more than 22% in the past week. As a result, the current trading price of Stellar (XLM) has risen to $0.0963. According to experts, recent developments in the Stellar ecosystem have been the main reason for an increase in the value of XLM.

Coinbase, a leading crypto exchange, recently introduced support for USDC on the Stellar (XLM) network. Previously, Stellar (XLM) was integrated with crypto payment infrastructure provider MoonPay. Stellar (XLM) has also teamed up with MoneyGram to facilitate cash withdrawals and deposits from crypto wallets without a bank account.

Algorand (ALGO) launches new network upgrade

As the market has become very volatile in recent weeks, Algorand (ALGO) has launched another upgrade to help developers increase their activity on the network. With this new upgrade, Algorand (ALGO) aims to improve finality time and reduce block latency. In addition, Algorand (ALGO) has rolled out new developer tools for testing, engineering and research.

Meanwhile, Algorand (ALGO) has partnered with DWF Labs to increase liquidity within its ecosystem. These developments have helped Algorand (ALGO) gain 11% on the weekly price chart. However, Algorand’s exchange rate is down 15% on the 30-day chart, indicating the bears’ dominance over ALGO. Right now, Algorand (ALGO) is changing hands at $0.13.

Tradecurve hits huge presale growth forecasts

In 2016, only 5 million people owned cryptocurrencies. But by 2023, the number of crypto users will have passed 400 million. However, crypto trading can be a challenging task for people due to the existing centralized exchanges, such as Binance and Coinbase, which charge high transaction fees and lack transparency. However, the new crypto exchange, Tradecurve, has developed a unique trading platform, disrupting the market.

This new Web3 exchange allows people to trade a range of assets with any cryptocurrency as collateral. On this platform, users just need to create an account with an email ID to trade multiple assets on the same interface. It has also eliminated KYC requirements unlike exchanges like KuCoin which forces users to share their personal information.

Other notable features of this cross-chain exchange include access to automated and AI-powered trading, high leverage starting at 500:1, negative balance protection, and a metaverse trading academy. The platform’s presale round is currently in phase 4 and one token can be purchased for $0.018. The market value of TCRV tokens is expected to increase 50 times during the presale round and 100 times when they are listed on crypto exchanges.

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