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Google Bard Prediction – Can the price of BNB recover? How high can Tradecurve Go?

By Guest Writer • Published: 10 Jun 2023 • 9:08

Binance Coin’s price has taken a huge hit in the last 24 hours after the SEC announced it will be filing charges against the Binance exchange. Binance has been accused of selling securities and unlawfully promoting its native coin, Binance Coin (BNB).

This announcement is bad news for other cryptocurrency exchanges, which are likely to follow later in the year. However, alternative hybrid exchanges such as Tradecurve are building momentum, with Tradecurve predicted to become a top three exchange in just a few years.

Binance Coin falls below $300 following SEC Announcement

Over the past several months, governments worldwide have been pushing for stronger cryptocurrency regulation. This caused Binance to leave the Canadian market in May and has now put Binance in a difficult situation regarding its activity in the US.

According to Google Bard, Binance Coin dropped by 9.14% on June 5th following the new SEC lawsuit, which has accused Binance of selling unregistered securities. If Binance is found guilty, the project will be liable to pay a number of fines and penalties. This could significantly damage Binance’s reputation and will also cause demand for Binance Coin to crash. Should this occur, further price declines are likely to follow, which has made Binance Coin a somewhat risky investment.

Furthermore, Google Bard also predicts that the new lawsuit could cause Binance’s user base to decline. Should Binace leave the US it will also lose over 670,000 customers. This could have severe long term consequences for the price of Binance Coin, with a smaller customer base triggering a decrease in price.

While the outcome of this recent lawsuit remains uncertain, Binance Coin is struggling to regain traction. At the time of writing, Binance Coin had decreased in value by 14.89% to $273.79 in the last month and Binance Coin trading volume was also down.

Will American Traders move to this New Hybrid Exchange?

Should Binance lose its case, many investors will likely move to hybrid exchanges like Tradecurve. Built on Ethereum, Tradecurve is a decentralised exchange that works in a similar way to traditional platforms like Robinhood and eToro. Tradecurve lets individuals trade traditional assets such as commodities, stocks and forex while using crypto as collateral.

Its platform offers a number of advantages over traditional platforms including no KYC requirements, leverage of 500:1 and several innovative educational tools. Being fully decentralised, investors worldwide will be able to access assets that they would traditionally be locked out from.

This unique hybrid exchange model has investors and experts extremely excited. Within just a few years, Tradecurve could become a top 3 global exchange, offering returns of 100x once TCRV tokens are listed on Uniswap and Tier-1 exchanges.

Tradecurve is currently in stage three of its presale, in which one token is selling for $0.015. Early investors have already received returns of 50%, higher than returns offered by most of the crypto market in May.

Despite the SEC announcement only being made a few days ago, investors are already choosing to withdraw their assets from Binance to decentralised exchanges. With momentum building fast and the demand for an alternative on the rise, investors believe it’s a matter of time until the price of Tradecurve rockets.

For more information about $TCRV presale tokens:

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