Shiba Inu (SHIB) Analysis – Is There Any Upside To Buying SHIB and TCRV in June 2023
Two cryptocurrencies that have gained traction in 2023 despite the market downturn are Tradecurve and Shiba Inu. Both tokens have garnered attention within the crypto community, offering opportunities for investors seeking potential upsides. However, the volatile nature of the market has made investors skeptical about buying Shiba Inu and Tradecurve. So, should an investor consider buying SHIB and TCRV in June 2023?
Shiba Inu (SHIB) analysis: Is There Any Upside To Buying SHIB In June 2023
Shiba Inu, a meme-themed cryptocurrency, has experienced significant ups and downs since its inception. Despite a sharp decline from its all-time high in October 2021, the token is still 14,200,000% away from its first trading price. Besides, the volatile market has presented great opportunities for investors to make a profit on their holdings.
Meanwhile, the recent bearish market at the beginning of June presents a great opportunity for investors to get in as the community expects a price rally. Two major factors are driving the community’s bullish outlook. Earlier this week, the Shiba Inu Metaverse division unveiled a highly anticipated trailer for Rocket Pond, generating excitement among its supporters. Additionally, the organization plans to launch Shibarium, a Layer-2 solution, in the latter half of this year which is starting next month. These developments could pave the way for increased adoption and could positively impact the token’s price.
Notably, Shiba Inu has reached a significant support level known as its “Final Destination” at $0.000008, which has long been viewed as a crucial point for a potential trend reversal. Immediate resistance levels are located at $0.0000083 and $0.0000087. If the memecoin surpasses these levels, it could approach the $0.0000090 resistance level. On the other hand, if the price falls below $0.0000079, a further decline could bring SHIB to $0.0000074.
Is There Any Upside To Buying Tradecurve (TCRV) in June 2023
While the Shiba Army looks forward to the launch of Shibarium, Tradecurve is making giant strides in its revolutionary platform that could change how crypto trading is done and revamp the DeFi space. Tradecurve is building the first trading platform where users can trade a wide range of tradable assets, including stocks, forex, CFDs, cryptocurrencies, and commodities.
These are some of the biggest markets, with the Bank for International Settlements reporting in April 2022 that the global forex market has a daily trading volume of $7.5 trillion while the over-the-counter (OTC) derivatives market has a value of $632 trillion. These volumes have never been seen in the crypto market and could reinvigorate the entire DeFi space.
The utility of the token in what could be one of the biggest crypto exchanges currently fuels the rally of TCRV. Tradecurve is in the third phase of its presale, and its native token, TCRV, currently retails for $0.015 after experiencing a 50% price surge on the 30-day chart, indicating a potential for a major price rally in June. This makes June the best time to buy the token before it witnesses another price jump.
Visit the links to get more information about Tradecurve and the TCRV token:
Two cryptocurrencies that have gained traction in 2023 despite the market downturn are Tradecurve and Shiba Inu. Both tokens have garnered attention within the crypto community, offering opportunities for investors seeking potential upsides. However, the volatile nature of the market has made investors skeptical about buying Shiba Inu and Tradecurve. So, should an investor consider buying SHIB and TCRV in June 2023?
Shiba Inu (SHIB) analysis: Is There Any Upside To Buying SHIB In June 2023
Shiba Inu, a meme-themed cryptocurrency, has experienced significant ups and downs since its inception. Despite a sharp decline from its all-time high in October 2021, the token is still 14,200,000% away from its first trading price. Besides, the volatile market has presented great opportunities for investors to make a profit on their holdings.
Meanwhile, the recent bearish market at the beginning of June presents a great opportunity for investors to get in as the community expects a price rally. Two major factors are driving the community’s bullish outlook. Earlier this week, the Shiba Inu Metaverse division unveiled a highly anticipated trailer for Rocket Pond, generating excitement among its supporters. Additionally, the organization plans to launch Shibarium, a Layer-2 solution, in the latter half of this year which is starting next month. These developments could pave the way for increased adoption and could positively impact the token’s price.
Notably, Shiba Inu has reached a significant support level known as its “Final Destination” at $0.000008, which has long been viewed as a crucial point for a potential trend reversal. Immediate resistance levels are located at $0.0000083 and $0.0000087. If the memecoin surpasses these levels, it could approach the $0.0000090 resistance level. On the other hand, if the price falls below $0.0000079, a further decline could bring SHIB to $0.0000074.
Is There Any Upside To Buying Tradecurve (TCRV) in June 2023
While the Shiba Army looks forward to the launch of Shibarium, Tradecurve is making giant strides in its revolutionary platform that could change how crypto trading is done and revamp the DeFi space. Tradecurve is building the first trading platform where users can trade a wide range of tradable assets, including stocks, forex, CFDs, cryptocurrencies, and commodities.
These are some of the biggest markets, with the Bank for International Settlements reporting in April 2022 that the global forex market has a daily trading volume of $7.5 trillion while the over-the-counter (OTC) derivatives market has a value of $632 trillion. These volumes have never been seen in the crypto market and could reinvigorate the entire DeFi space.
The utility of the token in what could be one of the biggest crypto exchanges currently fuels the rally of TCRV. Tradecurve is in the third phase of its presale, and its native token, TCRV, currently retails for $0.015 after experiencing a 50% price surge on the 30-day chart, indicating a potential for a major price rally in June. This makes June the best time to buy the token before it witnesses another price jump.
Visit the links to get more information about Tradecurve and the TCRV token:
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