Dogecoin has been going in a downward pattern lately following the broader market crash. However, Chinese Doge Coin and other competing cryptocurrencies have done the exact opposite and have surged in value. Tradecurve entered Stage 4 of its presale, where it saw an increase in its value of 20%. We will go over each one of these altcoins to see their potential outlook for the future.
Dogecoin and its Price Outlook
When we go over the value of the Dogecoin cryptocurrency, on June 15, 2023, it traded at $0.060675. In terms of its weekly performance, Dogecoin saw its low point at $0.059254, with its high point of value at $0.070618.
Moreover, in the last 30 days, Dogecoin decreased in value by 16%. In the last week alone, Dogecoin is down 2.1%. Worried investors have begun diversifying away from Dogecoin and have started looking at alternatives, where the Chinese DogeCoin caught a lot of attention.
The Impact of Chinese Doge Coin and Its Current Value
After the increased interest and appeal of cryptocurrencies in Hong Kong, it is predicted that China might lift the ban on cryptocurrencies altogether, and as a result, the blockchain space saw a spike in the value of the Chinese Doge Coin cryptocurrency. With an initial price hike of 40,000%, Chinese Doge Coin made a name for itself among crypto communities.
The Chinese Doge Coin takes aim at the iconic Japanese Shiba Inu meme known as “Doge” and has appealed to many.
As of June 15, 2023, Chinese Doge Coin traded at $0.000000000005395473572605879 and had a 24-hour volume of $204.46. Analysts are not completely sure about the future of Chinese DogeCoin, but at this point, in time, its value has indeed been surging.
Tradecurve Begins Stage 4 of Presale with a 20% Increase
Tradecurve has also made waves among the crypto community as it recently saw an increase by 20%, from $0.015 to $0.018 after it made the move from Stage 3 to Stage 4 of its presale. But the growth will not end here, as the next stage will put the cryptocurrency almost 40% higher in value. Analysts predict that the TCRV token can climb 100x in value if it carries on with this momentum.
The platform has stood out in the minds of investors as it enables unrestricted access to cryptocurrencies and derivatives from a single trading account, enabling anyone globally the ability to diversify their portfolio quickly. Tradecurve also enables users to maintain their anonymity without requiring KYC by allowing them to utilize their crypto as collateral when making trades.
Another significant feature that enables the exchange to stand out is its high leverage, starting at 500:1, coupled with the algorithmic trading functionality that implements AI, through which anyone can make quick and efficient trades to not miss out on any profitable market opportunities.