In 2023, bulls and bears have fought to take control of the crypto market. With bears appearing to take the upper hand, should you consider cashing out of Solana and Dogecoin? While experts weigh in on that, Tradecurve Markets has emerged as the leader in the TradFi revolution.
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Solana’s Network Activity Surges
The Solana coin, SOL, has been a top performer in 2023. From $9.7 in January, the SOL price rallied as high as $28.3 in July. However, the rally has cooled off, with the price of Solana hovering around $22. With the slowdown, is it time to cash out of Solana?
Crypto experts still remain bullish about Solana in the fourth quarter. One of the reasons is the increasing activity on the Solana network. In October, a single game on the network recorded more daily transactions than the entire Polygon network. Even more intriguing, the game only contributed to 15% of all transactions on Solana.
In addition, institutional interest in Solana has continued to increase. In the first week of October, the altcoin received $24 million from investors. With the growing interest in the project, market experts have predicted a continuation of its rally.
Time To Cash Out of Dogecoin After Drop To 52-Week Low?
Unlike Solana, things haven’t been great for Dogecoin. While the price of Dogecoin rallied to a high of $0.098 in February, the meme coin has been on a decline. Due to the decline, the price of DOGE has plunged to a new 52-week low of $0.05866 in October.
Things could get worse for Dogecoin as IntoTheBlock reports a significant drop in Dogecoin whale transactions. In addition, there has been a decline in the number of daily transactions since May. The declining network activity suggests that investors are moving away from Dogecoin.
However, the Dogecoin community remains hopeful of a potential turnaround. While DOGE could rally if it gets integrated into the X platform, the chances are slim. As a result, many investors are currently cashing out on Doge. This is evident by the declining activity on the network.
>>Register For The Tradecurve Markets Presale<<
Tradecurve Markets Lead the TradeFi Revolution
While Dogecoin struggles, Tradecurve Markets has emerged as the next big thing in the crypto space. Tradecurve Markets is creating a platform to usher in a new era for crypto traders. The platform is a hybrid of centralized and decentralized exchanges.
As a result, crypto traders will benefit from the best of both worlds. The platform places emphasis on user privacy. As a result, crypto traders will access the platform without needing to submit personal information through KYC forms. Also, users will benefit from lower fees, rapid deposits, swift trade executions, a wide range of assets, and fast withdrawals.
Furthermore, the Tradecurve Markets platform will house robust trading tools that are typically lacking on cryptocurrency exchanges. Tradecurve Markets will include capabilities such as AI trading, negative balance protection, and copy trading.
Tradecurve Markets has received positive feedback from users testing its Demo platform. As a leader of the TradFi revolution, crypto analysts are bullish about its utility token, TCRV. Now trading at $0.030 per token, experts have predicted a rally to $0.5 before the year ends.
For more information about the Tradecurve Markets (TCRV) presale:
Website: https://tradecurvemarkets.com/
Buy presale: https://app.tradecurvemarkets.com/sign-up
Twitter: https://twitter.com/Tradecurveapp
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