LunarCrush, a social intelligence platform has ranked XRP as the coin of the day regarding its social activity, this means the interest in the cryptocurrency is high as the community is heavily engaged in the discussion about its future. Another coin, TCRV, has also received a lot of social activity due to its unique features and recent price movements. We will jump into both projects to see what all of the hype is about.
XRP And TCRV Become Coins Of The Day Leading Social Media And Market Activity
The leading cryptocurrency analytics platform known as LunarCrush selected XRP as the "Coin of the Day," meaning that it saw the highest activity out of all other cryptocurrencies. This was based on the relative leading social and market activity throughout time.
XRP Leads With Social and Market Activity
The leading cryptocurrency analytics platform known as LunarCrush selected XRP as the "Coin of the Day," meaning that it saw the highest activity out of all other cryptocurrencies. This was based on the relative leading social and market activity throughout time. LunarCrush gives every cryptocurrency a Galaxy Score and AltRank, two native systems that are a part of its platform.
This announcement occurred on June 19, 2023. At that point in time, XRP had a galaxy score of 47%, which is derived from following an analysis of a cryptocurrency's correlation score, average sentiment, price score, and social impact score. Then, XRP also ranked as the tenth cryptocurrency on the AltRank, which consists of a total of 4,481 cryptocurrencies. This rank is based on a coin's price change, social volume, trading volume, and social score rank within a time interval of 24 hours.
As of June 20, 2023, however, XRP trades at $0.481959. In the past week, XRP saw its low point at a value of $0.463358, while its high point was at a value of $0.530366. In the past 30 days, XRP has been up 3.4%, but in the last seven days, it dipped by 10.4%. While market sentiment is high for XRP, its value is in decline.
Tradecurve Grows by 20% and Reaches 10,000 Registered Users
While XRP has dipped in value, a competing project known as Tradecurve has managed to reach two milestones, first one is 10,000 registered users even before launching, and the second is price increase of 20% during the last week.
Tradecurve stood out from competing CEXs by being fully private, beginner-friendly, and implementing advanced trading tools. On most other platforms, users have a complete lack of privacy as they are required to undergo a KYC procedure, ultimately resulting in them having to give up identification documents.
Tradecurve removes KYC requirements and, instead, uses the user's deposited crypto as collateral. Moreover, Tradecurve opens up numerous markets, not just the crypto market, users will be able to trade CFDs, forex, indices, commodities, options, ETFs, and bonds so they can diversify completely.
Each user of the platform is also provided with an opportunity to subscribe to AI and automated trading bots that can execute trades automatically, making the entire process a lot simpler. Experienced traders can share their knowledge through a subscription-based copy trader feature, where other users can pay on a regular basis to copy their trades.
This way, beginners have a much simpler time entering the blockchain market, while experts have an additional way to earn. Other notable features of Tradecurve include its high leverage, beginning at 500:1, the negative balance protection system, Proof of Reserves (PoR) implementation, and dedicated Trading Academy.
During Stage 4 of its presale, TCRV trades at just $0.018. With its current momentum, and overall market sentiment surrounding the cryptocurrency, analysts predict that TCRV can climb by 100x in value when it launches.
Learn more about TCRV at the links here: