Crypto market update – Ethereum’s uncertain price path, Shiba Inu’s remarkable new record, and the rising prediction of Tradecurve Markets’ dominance in crypto exchanges.
The cryptocurrency market is as volatile as ever, with recent developments causing a stir among investors. In this crypto market update, we’ll delve into the uncertain trajectory of Ethereum’s (ETH) price, Shiba Inu’s (SHIB) impressive performance, and the growing prediction that Tradecurve Markets (TCRV) will dominate crypto exchanges.
- The price of Ethereum has been uncertain, with experts predicting a drop below $1,600
- Meanwhile, Shiba Inu has hit a new record on its Shibarium mainnet
- Also, the hybrid crypto exchange, Tradecurve Markets, has been predicted to dominate the market
Ethereum (ETH) Remains Uncertain, Could Drop Below $1,600
Over the last quarter, the cryptocurrency market has faced several negative developments. As a result, the leading altcoin, Ethereum (ETH), has seen its price decline from over $2,100 in April to under $1,700 in September.
However, a lack of network activity and ground loss in the last few weeks has raised further concerns about the Ethereum coin. According to crypto experts, if these declines continue, the Ethereum price could eventually lose the $1,600 support.
In the last month, there have been three attempts to break below this support level. Crypto experts are concerned about this level because losing the $1,600 support could lead to a drop below $1,500 for Ethereum.
Shiba Inu’s Shibarium Set New Record
Since its launch in mid-August, Shiba Inu’s layer 2 scaling network, Shibarium, has been one of the most talked-about developments in the crypto space. The rapid adoption of the Shibarium has helped the Shiba Inu coin set a new record.
The number of new addresses on the Shibarium network has increased to a new record of 3.57 million. The rapid growth of the network marks the beginning of the Shiba Inu transition into an ecosystem with utility.
In addition, the Shiba Inu burn has also seen a major jump. Week over week, the amount of destroyed SHIB tokens has increased by more than 751%. The price of Shiba Inu has also increased, rising from the $0.000007000 support to trade at $0.000007744.
Tradecurve Markets (TCRV) To Dominate Crypto Exchanges – Experts
While the spike in the amount of burnt Shiba Inu coins is impressive, it is dwarfed by the tokens to be burnt by Tradecurve Markets. The Tradecurve Markets team has announced a burn of more than $264 million tokens.
While the Tradecurve Markets burn has gained popularity, it is the all-inclusive hybrid exchange platform of Tradecurve Markets that has caught the eye of crypto experts. Tradecurve Markets’ goal is to solve the challenges of multiple trading platforms by allowing investors to trade forex, crypto, indices, stocks, ETFs, and commodities on one platform.
Additionally, Tradecurve Markets provides anonymous trading options to users globally. Traders can register on the platform without filing compulsory KYC forms. Furthermore, it offers support for self-custody wallets. With these unique features, crypto experts have predicted that Tradecurve Markets will dominate the traditional centralized exchanges like Binance, Kraken, and Coinbase.
These appealing features have attracted more than 18,000 new traders to the Tradecurve Markets platform. In addition, the project has raised more than $4 million in presale. Its current price of $0.025 per token presents a great opportunity for investors to buy Tradecurve Markets before its forecasted price rally to $0.15.
For more information about the Tradecurve Markets (TCRV) presale:
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