Today, we’ll explore dYdX (DYDX), IOTA (MIOTA), and Tradecurve Markets (TCRV) cryptocurrencies garnering attention for their potential for long-term success. Some experts even claim they could yield significant returns for buyers looking to diversify their portfolios.
Summary
- dYdX to sunset its #1 public testnet
- IOTA co-founder asked to present at the Cardano Summit 2023
- Tradecurve Markets to become a dominant online trading entity
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What Is dYdX (DYDX)?
dYdX (DYDX) is a decentralised exchange (DEX) and trading platform that operates on the Ethereum blockchain. Unlike traditional exchanges, dYdX enables users to trade various financial assets without intermediaries.
The platform’s innovative features, such as margin trading and perpetual contracts, attract retail and institutional traders. As a matter of fact, the dYdX price increased by 6.2% in the past 24 hours. This rise came after dYdX announced it would sunset the #1 public testnet and launch public testnet #2 on August 10th.
DYdX trades at $2.11 with a market cap of $329M, up 2.06% in the past 24 hours. Moreover, the technical analysis of dYdX shows a bullish picture. To clarify, both its moving averages and technical indicators are in green. Therefore, experts predict that dYdX will reach $2.55 by December 2023.
IOTA (MIOTA) – Powering the Internet of Things (IoT)
IOTA (MIOTA) is a cryptocurrency that backs the growing ecosystem of connected devices in the Internet of Things (IoT). Unlike traditional blockchain networks, IOTA utilises a unique technology called the Tangle, which enables feeless microtransactions and enhances scalability.
In recent IOTA news, the IOTA co-founder Dominik Schiener hinted about intriguing intentions to combine IOTA and Shimmer with Cardano. Moreover, this situation was bolstered by Schiener being asked to talk at the forthcoming Cardano Summit 2023 as one of the presenters.
As a result, the IOTA price now sits at $0.175, a jump of 1.62% overnight. In addition, the trading volume of IOTA surged by 11.35% at that same time, reaching $5,956,363. Due to all these reasons, market analysts forecast that IOTA could surge to $0.21 within Q4 of 2023.
Tradecurve Markets (TCRV) – Disrupting Online Trading
Tradecurve Markets (TCRV) is emerging as a solution to the challenges faced by the online trading industry. High commissions and fragmented trading experiences have created hurdles for traders. By offering a hybrid trading platform that combines the greatest centralised and decentralised exchange characteristics, Tradecurve Markets tackles these problems.
Firstly, hefty commissions and fees are now charged by many trading platforms. These costs can significantly eat into traders’ profits, making it challenging to achieve the desired returns. Tradecurve Markets recognises this issue and eliminates all third-party mediators. Therefore, users can enjoy drastically lower trading fees and complete control over their assets and keys.
🟢Exciting news
The #TradeCurve Demo Platform is NOW LIVE!
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— Tradecurve (@Tradecurveapp) September 11, 2023
Additionally, traditional trading platforms often lack the convenience of trading multiple asset classes within a single account. Tradecurve Markets seeks to streamline the trading experience by allowing users to trade all derivatives on one account. Also, traders can open this account with a working email only, as no sign-up KYC checks are needed.
Its real-world ties to various financial markets sets Tradecurve Markets apart from dYdX and IOTA. This foundation positions it well to leverage existing market dynamics. Currently, the platform’s native token, TCRV, is worth $0.025 in Stage 5 of its presale. It has already surged 150% for early buyers, so analysts predict a 50x jump before its presale concludes.
For more information about the Tradecurve Markets (TCRV) presale:
Website: https://tradecurvemarkets.com/
Buy presale: https://app.tradecurvemarkets.com/sign-up
Twitter: https://twitter.com/Tradecurveapp
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WARNING: The investment in crypto assets is not regulated, it may not be suitable for retail investors and the total amount invested could be lost
AVISO IMPORTANTE: La inversión en criptoactivos no está regulada, puede no ser adecuada para inversores minoristas y perderse la totalidad del importe invertido
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