Aave and Axie Infinity Are Battling Bearish Pressure, Tradecurve Bullish Momentum Continues in August

Aave and Axie Infinity are facing bearish market pressure, but Tradecurve has continued to show bullish momentum throughout August.

Man looking through an open door of a space station into another world.
Created by Gabor Kovacs from DailyCoin

Prominent projects like Aave (AAVE) and Axie Infinity (AXS) are struggling under bearish pressure. However, amidst the challenges faced by these projects, one platform is standing tall with unwavering bullish momentum – Tradecurve (TCRV). In this article, we explore how Tradecurve is becoming a beacon of hope amidst the bearish trends.

Register For The Tradecurve Presale.

Aave (AAVE): Showing Minimal Gains 

Aave (AAVE), a leading decentralized finance (DeFi) protocol, has been struggling recently. In fact, the Aave price sank by 14.6% in the past week alone. The recent volatility in the Aave crypto may have been caused by the dangers of cascade liquidations on DeFi protocols after the Curve Finance pool exploit.

Currently, Aave is trading hands at $63.45 with a market cap of $920M, up 0.43% overnight. But, the technical analysis for Aave paints a more bearish picture, with all moving averages showing strong sell signals. 


Thus, traders are currently sidestepping the Aave coin in favor of other projects with more room for growth. 

Axie Infinity (AXS): Trading in the Red 

Axie Infinity (AXS), a play-to-earn blockchain-based game, has also felt the impact of the broader market downturn. Over the past 14 days, the Axie Infinity coin lost 9.7% of its value. Early in July, Axie Infinity had a significant rise. The bulls were able to lead a run from the level of $5.7 to $6.9 before a setback. 

In the middle of July, the market structure changed due to the decline. The data suggested that the bears had the upper hand throughout the previous week. Although there was a rebound from $6, it seemed unlikely that the bulls would be able to raise prices.

The Axie Infinity price currently sits at $5.87 with a market cap of $824M, down 2.60% overnight. Moreover, the Axie Infinity trading volume dropped by 27.48% in that same time, sinking to $54,827,616. As a result, experts forecast that Axie Infinity could fall to its support level of $5 soon.

Tradecurve (TCRV): Embracing Bullish Momentum, Rivaling Aave and Axie

In contrast to Aave and Axie Infinity, Tradecurve (TCRV) has emerged as a dynamic and resilient platform that thrives despite market conditions. As a matter of fact, the TCRV native token’s value has surged by 150% during its ongoing presale. One of the critical reasons for Tradecurve’s bullish momentum is its commitment to providing a seamless and transparent trading experience.

Tradecurve combines the greatest aspects of centralized and decentralized exchange thanks to its hybrid infrastructure model. Consequently helping it stand out. For example, traditional exchanges have been notorious for charging high fees, denting traders’ profits. On the other hand, Tradecurve’s competitive fee structure ensures traders maximize their earnings.

Secondly, while platforms like Binance and Coinbase only offer cryptocurrencies, Tradecurve gives access to all derivatives on one account. This versatility allows traders to diversify their portfolios and seize various market opportunities. Actually, they can even capitalize on the FX market, which was valued at $753.2B in 2022. 

And finally, in a significant distinction from platforms like IG and eToro, Tradecurve does not require sign-up KYC checks. To clarify, these requirements are often very intrusive and time-consuming. By eliminating them, Tradecurve allows all users to remain anonymous while trading. 

TCRV – A Bullish Beacon Compared to Aave and Axie

As Aave and Axie Infinity grapple with bearish pressures, Tradecurve stands tall as a bullish beacon in the crypto landscape. Currently, the platform offers its native token, TCRV, for just $0.025 as the presale is in Stage 5. Nevertheless, experts are bullish about its long-term growth potential – predicting a 50x jump before it ends. 

Also, Tradecurve’s presale has been compared by analysts to Binance’s ICO, which began at $0.11 and eventually reached $239. They think Tradecurve’s features are superior to those that Binance is currently providing. Experts predict similar or even more significant price changes in the future as a result. Follow the links below if you wish to purchase this chart-topping crypto.

For more information about the Tradecurve (TCRV) presale:

Website: https://tradecurve.io/ 

Buy presale: https://app.tradecurve.io/sign-up 

Twitter: https://twitter.com/Tradecurveapp 

Telegram: https://t.me/tradecurve_official 

This article contains a press release from an external source. The opinions and information presented may differ from those of DailyCoin. Readers are encouraged to independently verify the details and consult with experts before acting on any information provided. Please note that our Terms and Conditions, Privacy Policy, and Risk Warning have been recently updated.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Press Release

Read the most recent crypto press releases on DailyCoin to know all the latest project news from fintech and blockchain businesses. Disclaimer: This article is a press release and was not written by DailyCoin. We always aim to have the highest editorial and fact-checking standards, so if you encounter any content related issues, please contact us at pr@dailycoin.com.