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The SEC has declared that Ripple (XRP) is NOT a security, but a currency. This ruling has sent shockwaves throughout the cryptocurrency community as it opens up new possibilities for the future of Ripple (XRP). But can it keep up with the pump Tradecurve (TCRV) is currently having during the presale phase of discounted tokens? Let’s take a closer look.
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The Start of a Bull Run for Ripple (XRP)?
Flashback to December 2020 and Ripple (XRP) had just been hit with an SEC lawsuit. Weighing heavily on Ripple’s outlook, investors sold off their positions, leading to a severe decrease in the token’s market capitalization.
Now fast-forward to today and Ripple has won the case against the SEC. This means that the Ripple token is not considered a security asset and is now free to be traded without any legal constraints.
The release of this news on Thursday 13th July had an immediate impact on Ripple’s price. It surged nearly 100% in a single day. Positive market sentiment followed this ruling. Giving this, some analysts believe that Ripple may reach new price highs as institutional investors regain confidence.
Despite the sudden surge to $0.94, Ripple has adjusted back to a current price of $0.7759, largely due to traders capitalizing on the initial spike. However, market observers predict an upward trajectory toward the $2.00 mark given the renewed interest from investors.
Nevertheless, it is crucial to keep in mind the potential for the SEC to appeal this ruling and take the case to the Supreme Court. Should this occur, it is uncertain how Ripple’s price would respond given the unprecedented nature of the situation.
In the meantime, traders are keeping a close eye on the $0.73 level as it serves as a key support level for Ripple. A drop below this level could possibly trigger a retreat back to the $0.55 mark. As always, investors are urged to stay updated on the latest developments surrounding Ripple and exercise due diligence.
Tradecurve’s (TCRV) Presale Pump: Unraveling the Potential After SEC Ruling
Amidst prevailing market fluctuations, Tradecurve’s (TCRV) native token, TCRV, has experienced an impressive surge of 80%. It did so during its ongoing presale, triggering a frenzy amongst investors keen on securing TCRV. This was ahead of the imminent price jump in stage 5.
Tradecurve is pioneering a significant shift in the online trading space with its groundbreaking hybrid exchange model. It offers users a gateway to an extensive range of assets, including equities, forex, commodities, and indices, all from a single, discreet account.
The standout feature of Tradecurve is its focus on user-friendliness. By circumventing the often laborious KYC/AML checks, users are granted hassle-free access to global markets with just an email sign-up and a linked decentralized finance (DeFi) wallet.
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Now, you can get a massive 30% Bonus on your $TCRV token purchase! 💰
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📍Join The Presale: https://t.co/uXZ4W6G6RE#presale https://t.co/x3E5eH5qGr pic.twitter.com/DB5Q7uj7Ud
— Tradecurve (@Tradecurveapp) July 22, 2023
A host of advanced trading tools are also on offer, most notably AI-powered trading bots that enable Tradecurve users to configure automated trading portfolios. There’s even a metaverse training academy to help users sharpen their trading skills.
The TCRV token is instrumental in facilitating the entire Tradecurve ecosystem. Ownership of TCRV provides access to a host of incentives, including trading fee discounts, rewards, and bonuses. Moreover, TCRV serves as the primary currency for transactions on the Tradecurve platform.
It’s unsurprising that TCRV has witnessed an 150% growth, and is nearing sell-out in the fourth phase of the presale. This is considering TCRV’s crucial role and its correlation to the success of Tradecurve. As the 6th phase draws closer, the token price is set to ascend to $0.029. This marked a new exciting stage in the token’s journey.
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
