Farmer That Turned $800 Into $2.6M From Shiba Inu (SHIB) Is Backing Tradecurve (TCRV)
The blockchain space is filled with success stories, many of which are created when individuals take risks. While presale-stage projects are often seen as high-risk investments, historically, they have been the ones that have showcased the most significant returns, and investors, as well as traders, are consistently on the lookout for projects that can be 100x regarding their value.
One of the latest projects to pique the interest of the farmer who made $2.6 million in the Web3 space is Tradecurve, and today we will be exploring exactly why this has been the case.
- Farmer turns $800 into $2,600,000 and is now looking for an alternative cryptocurrency to invest in.
- The SHIB utility token is undergoing a downward trend and has declined in value significantly.
- The farmer, and analysts predict that the TCRV utility token behind Tradecurve can jump in value 100x after it launches.
The farmer that turned $800 into $2.6 million from Shiba Inu (SHIB)
Many people have become wealthy by using cryptocurrencies, as they are volatile. Some cryptocurrencies have seen vast increases in value, even ones that were created as a meme or as a joke.
A farmer managed to invest in Shiba Inu (SHIB) during its initial launch, and just by putting in $800, he managed to profit up to $2.6 million in returns.
Shiba Inu (SHIB) is a unique cryptocurrency in the sense that it was created as a meme-coin, but over time, it grew into its own ecosystem and is currently even developing “Shib – The Metaverse” alongside other projects.
The recent performance behind the Shiba Inu (SHIB) cryptocurrency
The Shiba Inu (SHIB) cryptocurrency followed in the footsteps of competitors such as Dogecoin and belongs to a series of altcoins that are based on popular internet memes. This one follows the popular dog-themed meme coin system, in which its mascot is the Shiba Inu dog.
However, instead of just being another transfer-of-value altcoin, Shiba Inu (SHIB) has a vast ecosystem comprising of SHIB – The Metaverse, Shibarium, which is its Layer-2 network, and three altcoins, including BONE, LEASH, and TREAT.
The farmer who predicted that this cryptocurrency would explode in value invested in it early on. As of May 18, 2023, Shiba Inu (SHIB) trades at $0.00000878. In the last 30 days, it saw a decrease in its value by 24.6%, and in the last two weeks, it decreased by 12.4%. What this means is that the farmer investor and anyone else currently eyeing the Web3 space is looking for an alternative to get into.
Tradecurve will change the way people invest by using Web3 technologies
While the SHIB cryptocurrency has reached its peak and is now going towards a downward trend, new projects like Trardecurve are making waves.
Across most centralized exchanges, investors have to deal with high commissions and need to trade cryptocurrencies exclusively. The team at Tradecurve is aware that these issues exist and aim to create a platform with the lowest possible fees, which will not only let users trade crypto but be able to trade all derivatives. The Tradecurve platform features its own utility token known as TCRV.
Moreover, standard platforms require users to complete complex KYC procedures, and as a result, users lose a lot of their privacy and anonymity, to use Tradecurve KYC is not required, and users can just use their cryptocurrency balance as collateral when making trades, bringing back full control of their identity and cryptocurrency balance into their hands.
Another key issue surrounding both CEXs and even DEXs is the lack of educational resources. Many people just diving into the Web3 space are not quite sure how leverage works or how to trade derivatives. The team behind Tradecurve is aware of this fact and will also launch a learning academy that will feature classes and guest speakers to educate anyone, no matter their skill level, of Web3 experience.
During the stage two presale, the TCRV utility token trades at a value of just $0.012. Analysts predict that during the presale, based on all of