At the start of June, investors believed that XRP and OKB would surge over the next few weeks. While both performed well during the first few days of the month, XRP and OKB have since declined in value following the new SEC lawsuit.
However, both have still outperformed much of the crypto market, which has seen a general decline of almost 10%. Meanwhile, Tradecurve has hit a new price milestone of $0.15 and is preparing for another price increase in June.
XRP Remains Stable Despite New SEC Lawsuit
With XRP already involved in a dispute with the SEC, its value has remained relatively unaffected by the new lawsuit. In the past five days XRP has decreased in value by just 0.83%, while most projects are down by over 10%.
At the same time, XRP’s daily trading volume has surged to over $1.5 billion as investors show their confidence in the project. Furthermore, XRP recently announced a new plan to help support the fight against climate change. XRP has allocated $100 million to support carbon removal, and will use the XRP Ledger to tokenize carbon credits.
By 2030, XRP hopes to reduce CO2 emissions by 500 million metric tons a year, which could help to increase the project’s popularity. That being said, XRP’s performance is difficult to predict over the next few weeks. While some analysts believe that XRP will decrease, others believe it could hit highs of $0.6 as more investors look to fight against regulation.
OKB Is Down By 4%
OKB is the native token of the Maltese cryptocurrency exchange Maltese OKEx. The exchange is the third largest in the world in terms of liquidity and fourth in trading volume, making OKB a significantly undervalued token according to analysts.
Since the announcement of the SEC lawsuit, OKB has decreased in value by 4.01% and is trading at $44.36 at the time of writing. Unlike XRP however, OKB trading volume is down, with less than $5 million OKB being traded daily.
Should OKB’s price recover, its trading volume is expected to bounce back. However, many experts believe that OKB could spiral downwards as the threat of greater regulation threatens the exchange.
Tradecurve Hits A New All Time High
Tradecurve recently hit a new all-time high of $0.015 after the second stage of its presale sold out. Stage three has now started with a bang, selling over 55% of the rounds supply in just 10 days. This is a huge win for the presale and shows that investors are extremely excited for what Tradecurve has to offer.
As the threat of regulation pushes many investors away from centralized exchanges, Tradecurve is in a position to offer a great alternative. As a decentralized hybrid exchange, Tradecurve let’s investors trade assets anonymously without needing to pass KYC checks. So far, its growth has been so successful that the Tradecurve presale is being compared to the Binance ICO, which started at $0.11 in 2017.
The Tradecurve trading platform will offer deep liquidity, fast execution and a wide range of assets including traditional assets which can be purchased using cryptocurrency as collateral. It will also showcase a metaverse trading academy as well as copy trading and AI subscriptions.
With TCRV tokens expected to hit $0.018 in the next few weeks, and as a result investors are buying faster than ever to capitalize on potential 50x price increases before the Tradecurve presale is complete.
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