In recent news, two prominent DeFi projects, BitDao (BIT) and Compound (COMP), have recorded a 20% price jump in the past week. However, investors are skeptical if the price surge will continue. Meanwhile, another DeFi platform, Tradecurve (TCRV), is also making waves. Market experts have predicted a 40% price surge in the coming week.
BitDAO (BIT) price up 20%
BitDAO has been on a bullish rally soaring on the latest progress ongoing in the BitDao ecosystem. According to CoinMarketCap, the price of the BitDAO crypto is $0.543318 at the time of writing, a 2.17% price increase in the last 24 hours. The BitDAO token has increased by over 20% in the past 7 days.
Currently, BitDAO’s 14-Day RSI value is at 69.75 and rising gradually into the overbought region. However, the trading volume of the BitDAO (BIT) coin has reduced in the past 24 hours by 5.30%.
This could be in anticipation of the BIT to MNT migration, which happened on July 17. Meanwhile, analysts have predicted that the BitDAO price will soar to $0.7998 by August.
Compound (COMP) price rallies 20%; where’s the next target?
Compound has made significant strides during the past few days, securing a spot on CoinMarketCap’s trading list. This positive performance has propelled the weekly performance of the Compound crypto further into the green, reaching an impressive 26.3%. Overall, the Compound (COMP) price was able to break above the resistance at $74.77 lately.
Although it attempted to cross the major resistance level at $78.92, the bears overpowered the bulls.
According to CoinMarketCap, the Compound token is currently under bearish sentiment at the time of writing and has fallen below the $74.77 resistance. The price of COMP is $74.39, a -5.29% price decline in the last 24 hours.
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— Tradecurve (@Tradecurveapp) July 25, 2023
Tradecurve (TCRV) to rival centralized exchanges
Tradecurve, a hybrid exchange that combines the best features of centralized and decentralized platforms, is making waves in the market. Being a newcomer, still analysts predict that Tradecurve will outpace old exchanges due to its unique offerings.
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First and foremost, Tradecurve (TCRV) provides users access to more trading assets, unlike Kraken and Gemini. Users can conveniently trade indices, ETFs, options, forex, commodities, stocks, and cryptocurrencies on one account.
A 40% TCRV price surge is on the horizon
As Tradecurve gears up for another price rally, investors and analysts are on the watch out. Experts have predicted that Tradecurve will soar by 40% soon, increasing from $0.018 to $0.025. This optimistic forecast has ignited excitement among investors.
Tradecurve gains massive attention
At present, Tradecurve finds itself in Stage 4 of its presale, with the token currently trading at $0.025. This stage is an opportune moment for potential investors to participate in the project. As a result, the number of Tradecurve users has increased to 17,000 within the past few days.
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
