Ripple Vote On XRP AMM Integration, Investors Turn To Tradecurve Markets As VeChain Slows Down

Read more on Ripple's vote on XRP AMM integration. Discover why VeChain is experiencing a slowdown as investors increasingly turn their attention to Tradecurve Markets.

Spotlight Desk

Updated on: 16 October 2023 10:26 am

XRP

XRP has been one of the most distinguished blockchains, popular for its prowess in cross-border payments. Ripple CTO has urged the community to vote on XRP AMM integration to improve the performance of the network. Meanwhile, VeChain's recent price slowdown has seen investors migrate to the more promising Tradecurve Markets .

Summary:

Ripple is voting on integrating AMM to enhance the XRP ledger
VeChain price continues to struggle.
The potential growth of Tradecurve Markets attracts investors.

>>Register For The Tradecurve Markets Presale<<

Ripple Vote on Critical XRP AMM Integration

Ripple's CTO, David Schwartz, is strongly pushing for a new feature for deployment on the XRP Ledger (XRPL). The proposal put forward by Schwartz will see the deployment of Automated Market Maker (AMM) on the XRP network.

However, this change can only happen if everyone in the XRPL community agrees to it. XRR's inclusion of AMM features is a promising move for its decentralized exchange on the platform. It will also offer new trading opportunities for users of the network.

In terms of price, the XRP coin has dropping since its Ripple lawsuit victory in July. Since $0.8300, the price of XRP has dropped below $0.500 to reach $0.4890. However, crypto experts are still bullish about the altcoin, predicting that it could rally back to $0.7500 this year.

VeChain (VET) Slows Down

Like other currencies in the market, VeChain coin, VET, has been struggling with bearish pressure. Over the last two months, the price of VeChain has been bouncing around between $0.0151 and $0.0191 range.

Things don’t look very promising for the VeChain price as it has hit a roadblock at the 40-day moving average. This suggests that the price of VET may continue for a few weeks. In addition, the MACD moving average for VET has been slowing down.

VET investors are exercising caution because VET is close to its 52-week low of $0.0153. However, the growth of the VeChain network suggests that a turnaround could happen soon. For a rally, the price of VeChain must surpass its one-month high of $0.0233.

>>Register For The Tradecurve Markets Presale<<

Investors Turn To Tradecurve Markets

While XRP and VeChain struggle in the market, investors have been turning to Tradecurve Markets (TCRV). This new project is enjoying an influx of investors because of its strong performance in the market. Over the last two months, the value of TCRV has gone up by 200% to hit $0.030 while the project has raised over $6.8 million in presale.

Tradecurve Markets is not like Binance, Gemini, or other crypto exchanges that only offer crypto trading. This new trading platform allows users to trade all kinds of derivatives on a single account. Some of the derivatives include stocks, indices, commodities, forex, bonds, ETFs, and more.

Additionally, traders can use AI-powered algorithmic trading and copy trading. The platform also offers high leverage starting at 500:1 along with negative balance protection to prevent traders from falling into debt. Despite these features, its connection to the derivatives market has been the most talked-about feature.

With its connection to the $632 trillion market, Tradecurve Markets and TCRVR are bound to experience exponential growth. In Stage 6, the TCRV token is worth $0.03 but looks set to hit $0.0378 as it enters the seventh stage. When this project launches, crypto experts have predicted that its value could increase by 4,000%.