As the digital currency market surges, it’s a time of change, innovation, and speculation. Shiba Inu, a well-known name in the crypto universe, is witnessing an intriguing shift.
Investors are starting to transition their funds into an emerging player, Tradecurve. Its ongoing presale is attracting a lot of attention from traders of all backgrounds.
Shiba Inu: The Meme Coin Phenomenon
The self-proclaimed Dogecoin killer Shiba Inu (SHIB) is sending mixed signals to traders. While the token ramped up its burn rate, another indicator is flashing a bearish signal.
Shiba Inu Coin, one of the biggest meme tokens, started as a Dogecoin (DOGE) copycat in August 2020. Its founder: an anonymous individual known as “Ryoshi.” Thanks to its viral marketing efforts, Shiba Inu quickly gained traction among crypto enthusiasts looking for the next big thing.
Recently, the price of Shiba Inu has been sending a mix of bullish and bearish signals to traders. For one, the Shiba Inu burn rate has ramped up, with millions of tokens sent to burn addresses.
This is a bullish signal for the token, as less supply means a higher potential for a shiba inu price increase. The current circulating supply of SHIB is 589.35T coins, with a max total supply of 999.99T.
Unfortunately, not all of the information is positive. On-chain data suggests that 80% of SHIB holders are currently at a loss. This red alert situation could mean a large number of Shiba Inu holders might rethink their position. It is also raising questions about the coin’s future and current standing in the crypto market.
As Shiba Inu attempts to maintain its position, the news of investors transitioning to other networks signifies a noteworthy change. It highlights the evolution of the crypto market. Moreover, it underscores the constant search for projects that promise high potential returns and innovative solutions.
Recent developments have seen some big investors moving away from Shiba Inu. These investors are reportedly dumping SHIB tokens for a newcomer in the crypto scene – Tradecurve (TCRV).
Tradecurve (TCRV): The New Kid on the Block
This project is making waves for its hybrid trading platform that combines the best elements of centralized and decentralized exchanges.
Tradecurve, set to launch its presale soon, aims to redefine digital trading. It allows users to trade a wide variety of assets, including cryptocurrencies, stocks, and more, all from one account. Furthermore, it promises deep liquidity, low trading fees, anonymity, and fast execution. This positions Tradecurve as a truly groundbreaking trading platform.
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The benefits that Tradecurve brings to traders are multifold. From high leverage starting from 500:1, Tradecurve promises a holistic trading experience. Moreover, the platform also assures AI integration at every level, as well as access to advanced algorithmic trading. Tradecurve even enables users to use crypto as collateral to trade derivatives without completing any KYC requirements.
With the presale and launch of Tradecurve, experts predict a significant surge for its native token TCRV. They predict a 50x surge during the presale and a 100x surge on launch. This prospect is drawing investors from projects like Shiba Inu, underlining the token’s potential.
As investors no longer buy shiba inu and continue to transition towards Tradecurve, the platform is set to disrupt the trading landscape.
With its unique and promising features, it’s no surprise that even the stalwarts of the crypto market are taking notice.
For more information about TCRV presale tokens:
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