The cryptocurrency industry is always abuzz with speculation and predictions about potential bull runs and price surges. In recent discussions, all eyes are turning towards China as a potential catalyst for the next bull market. With this backdrop, three coins have emerged as notable contenders for substantial growth: Shiba Inu, XRP, and Tradecurve. Let's delve into the potential for these cryptocurrencies to reach the coveted $1 mark by the fourth quarter.
Summary
- Shiba Inu could see a jump
- XRP showing green charts
- Tradecurve projected to increase by 100x
Shiba Inu (SHIB): A meme coin on the rise
Shiba Inu has gained substantial attention as a meme-inspired cryptocurrency, often called the "Dogecoin killer." With its catchy branding and growing community, Shiba Inu has captured the imagination of many investors. China's potential entry into a bull market could provide the necessary boost for Shiba Inu to reach the elusive $1 mark by the end of the year.
Advertisement
Shiba Inu has a value of $0.000006611 with a market cap of $3.8B, which is a fall of 1.77% in the last 24 hours. Moreover, the trading volume of Shiba Inu has also fallen by 26.94% in that same time.
However, with its large population, robust economy, and tech-savvy citizens, China has the potential to shape the trajectory of the cryptocurrency market and the Shiba Inu token. As one of the world's leading economies, any significant developments or regulations in China can have far-reaching effects on the global crypto landscape.
Because of a recent development where a Hong Kong legislator invited Coinbase to the region, many experts foresee a possible rise to the $1 mark for the Shiba Inu token as the Chinese crypto market appears to be slowly opening up.
Advertisement
XRP (XRP): Rebounding from challenges
XRP has faced regulatory hurdles and legal challenges in recent times. However, XRP has shown resilience and the potential for a strong comeback.
Currently, XRP is trading hands at $0.5187 with a market cap of $26.9B, a jump of 1.81% in the past day alone. Additionally, the XRP trading volume increased by 17.57% in that same time, reaching $1,132,120,796. With both its technical indicators and moving averages also in the green, the XRP price movement could see further increases.
As China's influence shapes market sentiment, XRP's price could benefit from renewed interest and investor optimism. Reaching $1 by Q4 is an ambitious target, but the market's response to China's impact could play a significant role in XRP's journey.
Tradecurve (TCRV): A rising presale star in the crypto space
As China's bull market gains momentum, Tradecurve’s prospects for growth look promising. Tradecurve, an innovative trading platform, has garnered attention since it will introduce a hybrid trading platform bringing the best of CEX and DEX on one platform. The platform's ability to trade all derivatives on one account, its unique features, and its privacy-focused approach position it as a potential frontrunner in the crypto space.
On this Ethereum-based platform, traders from all over the globe will be privy to low latency, fast order execution, and slippage-free trading while also having the desired privacy and security. Tradecurve's decentralized nature will also help reduce trading fees as it eliminates any third-party mediators.
Advertisement
The main difference between Tradecurve and its peers is that Tradecurve will eliminate any sign-up KYC checks and allow users to create an account using a working email only. Not only that, traders can utilize their cryptocurrency assets as collateral just by connecting their crypto wallet to the trading account - essentially creating a fully private trading experience for all.
Tradecurve is currently offering 40% of its 1.8B native token supply for a discount price, as the TCRV native token has a value of just $0.015. The presale for this token is in Stage 3, and each purchase comes with a 25% deposit bonus. Experts are bullish about its growth potential, with the token value surging by 50% from its starting price of $0.01. As the presale progresses, some market experts even predict a 50x increase, and a further 100x increase when TCRV is listed on Uniswap or another Tier-1 CEX.
Advertisement
While reaching $1 may be a longer-term goal, the positive market sentiment generated by China's influence can contribute to Tradecurve's upward trajectory.
