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BitDAO vs Tron TRX vs Tradecurve – which crypto coin will hit $1 in 2023?

By Guest Writer • Published: 08 Jul 2023 • 9:30

BitDAO, a decentralised organisation aiming to democratise the token economy, has announced its merger with the MANTLE ecosystem. Tron is a layer 1 blockchain, known for its very low fees and a focus on the entertainment industry. Tradecuve is a decentralised trading platform that democratises access to finance, and is currently in presale.

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What does BitDao do?

BitDAO was created to support a wide range of projects across finance, digital art, and gaming, fostering innovation and inclusivity by actively involving token holders in the decision-making process.

What makes BitDAO unique is its origin, as it was initiated by a consortium of contributors holding Bit tokens, forming the DAO and ensuring community participation in shaping its future. The innovative approach has gained support from influential figures and organizations such as Peter Thiel, Pantera, Dragonfly and Spartan.

This merger with MANTLE will enable BitDAO to leverage the high-performance Ethereum layer-2 network provided by DAO Mantle. With a treasury holding 269,947 ETH, BitDAO is well-positioned to support and advance $BIT-powered products. The organisation is actively funding initiatives such as DAO Game7 and EduDAO to drive ecosystem adoption and nurture blockchain innovation.

BitDAO is currently trading at $0.46, and with a low market cap of around $680 million, could quite easily reach $1 in a bullrun, if they continue to innovate.

What’s the latest with TRON?

Tron is also backed by a DAO, and the TronDAO recently tweeted about all of Tron’s achievements in 2023, including over 20 partnerships, moving towards full regulatory compliance, becoming the national blockchain of Dominica and aiming to become legal tender in the Caribbean Island of Saint Martin.

More recently Tron has introduced staked Tether or stUSDT on the Tron network. This allows people to stake their Tether for Real World Assets (RWA). The APY is still relatively low but has gone up by about 1% since yesterday, sitting at 4.64 at time of writing.

The TVL is also rapidly increasing and is now at $52 million. This makes an interesting trend as normal crypto staking APYs tend to go down as time progresses and more people stake.

Tron is currently trading at $0.078, up 14% since the start of the year. But with a market cap of $7 billion, and the previous ATH at $0.23 in 2018, it seems very unlikely that Tron will reach $1 any time soon.

Who are Tradecurve and what do they offer?

Tradecurve are a hybrid and borderless decentralised exchange and trading platform, that will allow people to trade everything from crypto to stocks, bonds, indices and commodities, on the blockchain.

They see themselves as the best of both the worlds of CEXes and DEXes. The TCRV token is used for staking, which gives rewards to stakers but also helps to ensure deep liquidity. This means that they can provide institutional level liquidity, and, because they use AMMs instead of order books, it means ultra fast, low latency trading, with minimal slippage.

Another advantage is that they don’t require KYC which means the democratisation of access to these products and things like high leverage.

TCRV is in presale at $0.018, and will launch for $0.088. Since market analysts are predicting that the token could go as high as the $8 mark when launched on the open market, reaching $1 should be easy.

For more information about $TCRV presale tokens:

Website: https://tradecurve.io/

Buy presale: https://app.tradecurve.io/sign-up

Twitter: https://twitter.com/Tradecurveapp

Telegram: https://t.me/tradecurve_official