Cardano is rapidly building its ecosystem with the introduction of Hydra and its Lance Wallet. Despite this growth, Cardano returns have been mixed throughout May, with Cardano only starting to recover from recent market corrections in the last week.
While analysts predict that Cardano could hit $0.5 in the next few months, a new altcoin is attracting investors at record rates. Tradecurve, an innovative hybrid exchange, has already increased in value by 20% during its presale and is now expected to rise 50x before its presale ends.
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Cardano Rallies Following Bitcoin Recovery
After three weeks of consecutive price declines, Cardano is starting to recover with a price rally of 6.03% in the past week. At the time of writing, Cardano was selling at $0.3749 and had a trading volume of over $215 million.
While its recent price rise has been linked to market trends, analysts believe that Cardano will soon rise as a result of its recent developments. Having just launched its Lace Wallet, Cardano is expected to dramatically grow its ecosystem, which will cause the price of ADA to rise.
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Additionally, Cardano’s new layer-2 platform Hydra is also in development. Upon release, Cardano is expected to rise again, with bullish investors predicting that Cardano (ADA) could hit $0.5 in just a few months.
Tradecurve Is Expected To Offer Higher Returns Than Cardano
Tradecurve is a new DeFi presale that sold over 20 million tokens in just 11 days. The project was created to remove traditional barriers to entry and offer a hybrid exchange with deep liquidity, anonymity and fast execution.
As a hybrid exchange, Tradecurve lets investors buy traditional assets such as stocks, commodities, Forex and CFDs, as well as cryptocurrency. Assets can be purchased using cryptocurrency and no KYC checks are required to make a trade.
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Tradecurve is the first exchange to offer such a wide variety of trading options without the need for intrusive background checks and plans to become a leading exchange.
To provide investors with a well-rounded experience, Tradecurve will offer three unique features as part of its ecosystem; a metaverse academy, AI trading options and copy trading.
Tradecurves trading academy will cater to new investors and will teach them the basics of trading with guest speakers and interactive programs. More experienced traders can build on their knowledge by subscribing to copy trading, where they can copy trades from some of the markets’ most experienced traders.
Alternatively, they can subscribe to an AI trading feature to build their portfolio without needing to constantly manage it.
TCRV tokens, which are built on the Ethereum blockchain, will have a total supply of 1.8 billion. 40% of this supply will be sold during the Tradecurve presale, which is currently in its second stage. After its first stage quickly sold out, TCRV tokens increased in price by 20% to $0.012 and will rise again to $0.015 once stage two sells out.
Given its potential to revolutionize trading, Tradecurve is expected to increase in value 50x during its presale, with a further 100x surge predicted on launch. This would offer higher returns than not just Cardano, but most projects throughout the DeFi space.
For more information about the Tradecurve presale:
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