The social influence of the Shiba Inu has decreased during the past week, indicating a dip in the meme coin’s popularity. Price movement and the oversold region of the momentum indicator, RSI, however, offer a different image.
A new decentralized trading platform called Tradecurve allows for borderless trading of stocks, foreign exchange, commodities, and cryptocurrency from a single account.
The Shiba Inu Update Might Boost The Demand
The next Shibarium update may reverse the downward trend because Shiba Inu have a tendency of responding swiftly to ecosystem upgrades. The release of the Shibarium update may help Shiba Inu regain its footing and improve its success in the market. The Shiba Inu team is presently working on adding VOR and OoO on the Shibarium beta testnet.
On Shibarium layer-2, the smart contracts 0o0 and VOR Router will be deployed and then the Oracle apps will be activated to process data requests. Recently, test tokens were transmitted by the Shibarium project, signalling that tests are still in process.
The Shiba Inu ecosystem’s full potential will be achieved through Shibarium. The Shibarium upgrades may boost demand and have a beneficial impact on SHIB’s market performance.
According to CoinGecko, Shiba Inu is currently trading at $0.00000888, down 2.5% over the past day and 13.3% for the last seven days.
Tradecurve’s TCRV: The Hybrid Trading Platform
Due to religious or national regulations, many individuals need access to financial markets. By incorporating traditional finance into the decentralized finance (DeFi) ecosystem, Tradecurve addresses this problem. DeFi enables everyone to retain control over their keys and funds.
The native coin that drives the hybrid exchange built on Ethereum is TCRV. You can learn how to use artificial intelligence (AI) algorithmic trading bots in the Metaverse Academy, which offers high-leverage trading at a ratio of 500:1 and an abundant amount of self-education.
Tradecurve combines the advantages of centralized and decentralized exchanges without requiring specific information in accordance with know-your-customer (KYC) regulations. The onboarding procedure is as easy as syncing your wallet, depositing, and trading a wide range of assets. Deposited cryptocurrency will be utilized as collateral for derivatives trading.
Holders of TCRV tokens benefit from decreased trading expenses and subscription fees. Customers of TCRV can generate passive income by using staked tokens.
Only 40% of the total 1.8 billion TCRV tokens are available for purchase at this time in stage 2 of the presale. Analysts anticipate a price jump after TCRV lists on Uniswap.