Ripple (XRP) and Polygon (MATIC) Fall Short Of Expectation As Tradecurve Becomes Blue-Chip Project
The crypto world has undergone several changes in recent times.In this article, we will discover why experts are confident that a new project, Tradecurve (TCRV), will surpass Ripple (XRP) and Polygon (MATIC) in market standings.
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Ripple (XRP) Eyes Real Estate Tokenization In Hong Kong
Ripple (XRP) has received a major push in its efforts to tokenize real estate assets. Recently, Hong Kong Monetary Authorities announced that it was exploring the possibility of real estate tokenization. Ripple is at the forefront to partake in this project.
Ripple is working on the Hong Kong Monetary Authority’s CBDC (Central Bank Digital Currency) pilot, which is also looking into the aspects of tokenization of real estate.
According to the announcement, Ripple has joined the pilot to help HKMA chalk out a tokenization solution for the recording of e-HKD real estate transactions. Despite this being a big development, investors are apprehensive about the future of Ripple given its difficult position in the US market. Therefore, the price of Ripple has tanked by more than 11% on the 30-day chart. The current exchange rate of Ripple is $0.47.
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Polygon (MATIC) Sees Increase In Active Addresses
Since the SEC has described MATIC as a security in its lawsuit against Binance and Coinbase, Polygon has struggled to gain traction. Subsequently, the price trajectory of Polygon (MATIC) has also crashed.
The exchange rate of Polygon has plummeted by over 7% in the past month. As a result, Polygon currently trades at $0.70. However, the last week has brought some positive results to the Polygon network.
As per the latest data from Santiment, Polygon has witnessed an increase in its daily active address (7d) in the past week. Besides, Polygon has seen an uptick in whale investors, who have collectively bought 26 million MATIC tokens.
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Whales Show Enormous Interest In Tradecurve Presale
Tradecurve (TCRV) is a first-of-its-kind decentralized exchange providing users with a comprehensive trading experience. It supports the trading of several assets, like OTC Derivatives, equities, cryptocurrencies, Forex, and more on a single platform.
As per pundits, the target market size of the platform is likely to be more than $115 trillion, with the global equity market alone being $111 trillion. Therefore, they are certain that the platform will gain record-breaking revenues. There is an enormous demand for its presale, which can raise over $20 million in the next few weeks.
It is a unique exchange that does not force users to undergo any KYC verification. Anyone can open a trading account on this platform by using an email ID.
Also, the platform has utilized a proof-of-reserves mechanism, and 2FA security to strengthen its network. No wonder, Tradecurve is more secure than the existing exchanges like MECX, which forces users to reveal their personal data.
It has institutional-level liquidity, and its native token is TCRV. The token holders are eligible to get discounts on transaction fees, and exclusive deposit bonuses. Besides, users can earn extra by staking their tokens in the liquidity pool.
The platform’s presale is in stage 4, and TCRV’s purchase price has jumped by 80%. At present, you can purchase a token for $0.018. But it is likely to reach $0.50 during the presale round, and $1.00 by the end of 2023.
For more information about the Tradecurve presale:
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