Shiba Inu Ends May with Huge Losses, PancakeSwap and Tradecurve Achieve Market-Leading Price Rises

PancakeSwap officially launched its tower defense game, Pancake Protectors, on the Mobox Gamefi platform, and Tradecurve.io brings all markets together for everyone with no KYC required and instant trading. 

Over 4 billion Shiba Inu tokens were burned within the last seven days, and SHIB burning is expected to increase in the coming months, with the Shibarium launch ahead. However, Shiba Inu’s statistics continue to fall. 

PancakeSwap officially launched its tower defense game, Pancake Protectors, on the Mobox Gamefi platform, and Tradecurve.io brings all markets together for everyone with no KYC required and instant trading. 

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Tangem’s Cold Wallet Burns SHIB

Tangem is a blockchain company based in Switzerland and is currently developing a Shiba Inu cold wallet with 5,000 pre-orders confirmed. The Tangem team announced on social media that 5% of every SHIB wallet sold will be burned. They also plan to expand support for the ecosystem by adding Shiba Inu’s Shibarium network to the SHIB cold wallet.

The Shibarium mainnet is expected to launch this June, and the price of Shiba Inu is expected to react positively. However, the statistics so far show a period of relative stasis over the past month. The number of major transactions has fallen from an average of 365 to 95, and ShibaSwap’s TVL dropped from nearly 600 million at the end of 2021 to just a little over 26 million.

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These facts may signify a longer period of SHIB consolidation. Given the price stability and reduced volatility, it might be the calm before the storm for Shiba Inu. Shiba Inu is preparing to launch Shibarium, which is anticipated to bring a fundamental boost in the network’s performance with the addition of many features. The launch of the mainnet is expected to go live this June.

PancakeSwap Presents Pancake Protectors

The launch of the game Pancake Protectors aims to boost the PancakeSwap ecosystem and is set to attract a new customer base and increase demand for CAKE’s price, by allowing players to earn rewards and access various in-game benefits. These benefits include claiming game heroes, unlocking new levels for extra rewards, and staking the token to earn additional in-game assets.

PancakeSwap’s tower defense game is a joint venture with Mobox designed to deliver an exceptional gaming experience and test the compatibility of games within the ecosystem. Combining decentralized finance with gaming mechanics offers a unique opportunity for players to interact within an engaging environment, and shows that PancakeSwap is always ready to innovate.

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PancakeSwap’s token CAKE plays a central role in Pancake Protectors, as rewards and unlocking various in-game features and bonuses are handled in CAKE. Trading at $1.76 at the time of writing, CAKE recently experienced a short-term rally, gaining over 20%. It seems the launch of Pancake Protectors helped restore confidence among PancakeSwap’s investors.

Tradecurve’s TCRV passes a new milestone

Tradecurve’s hybrid trading platform merges the advantages of DeFi with traditional markets and offers access to various global markets. Tradecurve eliminates the need for KYC and accepts crypto deposits as collateral, addressing the estimated 1.4 billion unbanked people around the globe. TCRV is the native token of the ecosystem built on the Ethereum blockchain.

Featuring algorithmic trading, negative balance protection, and high leverage trading starting at 500:1, Tradecurve.io provides an easy-to-onboard solution for retail and institutional traders.

Tradecurve.io takes advantage of the anonymity provided by blockchain technology and offers a borderless solution that only requires an email address and connecting your wallet to enable spot trading of forex, stocks, commodities, bonds, and more.

The copy trading feature implemented in Tradecurve.io offers traders the possibility to earn while they learn, and the platform offers deep liquidity with fast order execution. 

Tradecurve’s presale is currently in stage 3, and the native token TCRV has soared by 50% since the start of the presale, available for purchase at $0.015. Experienced traders anticipate a 50x increase for TCRV in the presale and a 10,000% gain after listing on major exchanges.

To learn more about the Tradecurve (TCRV) presale follow the links below:

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