Projected Price for Shiba Inu (SHIB)
Investors are becoming more risk-averse and are looking for projects that have real-world utilities rather than relying on market speculations. This shift in investor sentiment has caused leading meme coins, Shiba Inu (SHIB) and Dogecoin (DOGE), to lose their appeal. Meanwhile, a new project called Tradecurve has gained the attention of market bulls. Tradecurve has experienced record-breaking growth during its presale, and early investors are expected to see significant profits in the coming months.
Shiba Inu (SHIB) is set to launch a new development called Shibacals, which will link real-world assets to NFTs. This new service will be part of the ecosystem of Shiba Inu’s Shibarium. The Shiba Inu community sees this as a pivotal change in the use case of the meme coin, and the price of Shiba Inu (SHIB) has increased by 17% in the past seven days.
Dogecoin (DOGE), on the other hand, has been struggling to stay in the green zone due to competition from other meme coins like Shiba Inu. The lack of development activity on the Dogecoin network has made it less attractive to investors. However, Dogecoin recently received a boost from Tesla, as the company added a dedicated page on its website for facilitating payments made through Dogecoin. Analysts are skeptical about whether this will impact Dogecoin’s value in the current bearish environment.
Tradecurve has gained popularity for addressing the issues that traders face with existing exchanges, such as high fees and an opaque trading environment. Tradecurve is a blockchain trading exchange that allows trading of various assets on a single platform. Its presale is expected to raise $20 million, surpassing previous presale records set by other exchanges. The platform offers a privacy-focused trading experience with no KYC procedures required. The market value of Tradecurve’s TCRV tokens is projected to increase significantly during the presale round.
In summary, investors are favoring projects with real-world utilities over meme coins like Shiba Inu and Dogecoin. Tradecurve, a new project, has gained attention for its record-breaking growth and unique trading exchange offering.