Future Of Gala (GALA) and Aave Uncertain As Tradecurve Skyrockets By 150%

2023-07-25 14:13:49

Utility-based crypto projects, which have limited competition, are always bound to grow more. Hence, if you want to earn better profits, you can invest in Tradecurve’s (TCRV) presale. Meanwhile, Gala (GALA) and Aave (AAVE) have taken steps to stop their downfall

Tradecurve has already convinced many bulls with its real-world use cases, and is set to raise $20 million during the presale

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Gala (GALA) Joins Hands With Huobi

Gala (GALA) has taken a big stride in increasing the trade volume on its platform. Gala (GALA) recently partnered with the Huobi exchange to develop the Web3 eco. Soon after the news broke out, Gala jumped higher on the popularity chart. But the trading price of Gala has failed to pick up the pace

Gala is currently changing hands at $0.0406. The partnership has significance for both networks. While Huobi will integrate the Gala layer-1 blockchain into its exchange to improve its on-chain technology, Gala will be able to generate new investments for projects in its eco

Besides, it can also increase the mass adoption of the Gala network. Notably, Gala is still 95% below its peak price of $0.84.

Aave (AAVE) Holders Unstake Their Tokens

Aave (AAVE) has faced several new challenges in recent weeks. According to Glassnode, an on-chain data provider, Aave holders are unstaking their tokens as the network has been going southward for the past months. While Aave suffered a price correction of 12% in February, it fell by 7% in March as well

This has made investors apprehensive about the growth prospects of Aave, which is already trading 89% below its peak price of $666.86. Ranked 51st by market capitalization, Aave had touched its all-time high two years ago in 2021

Moreover, during the current intensifying bearish market phase, Aave has further nosedived by 16% in the past week. Currently, Aave can be traded at $70.34.

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Tradecurve (TCRV) Sees Increased Growth for Its Platform

The crypto trading industry is getting saturated in the absence of new innovation and rising issues like the opaque functioning of existing exchanges, high commissions, lack of respect for users’ privacy, and more

Besides, traders are getting disenchanted with exchanges like Binance and Kraken, which are limited to crypto-related assets, and do not offer other assets.

However, Tradecurve (TCRV) has addressed these problems by bringing cryptocurrencies, and other assets, like bonds, equities, options, Forex, and OTC derivatives, to a single platform. Thus, users can simply connect their wallets, and begin trading with a single account, and without fiat payments.

The platform boasts negative balance protection, and does not require users to be KYC verified. This makes Treadecurve a secure and privacy-oriented trading platform, which is a significant improvement over existing exchanges like KuCoin and Binance. It also supports algorithmic trading and AI bots to assist traders in making more profitable decisions.

Since the crypto market is likely to record a CAGR of 12.5% during the 2023-2030 period, Tradecurve can gain big in the coming years. The presale of the TCRV tokens has begun, and a token is currently available at $0.025. TCRV is forecasted to rise by 80x during the presale phase.