Shiba inu news today: Billions of SHIB burned, Tradecurve sets sights on overtaking OKX

The altcoin market ignites with bullish sentiment. Analysts have put the spotlight on Shiba Inu (SHIB) due to the rapid uptick in its burn rate, and Tradecurve (TCRV), which looks set to overtake industry giant OKX in the coming months.

With a debt ceiling agreement signed and Jerome Powell ready to turn the printer back on, there has never been a better time to hold risk-on assets. The incoming rally will catch many investors unaware. Although bearish sentiment prevails, markets are about to enter a period that will highlight the pain of being underexposed, and bears will get burnt. 

Tradecurve (TCRV) Set to Overtake OKX in Trading Volume

The flight to self-custody has defined 2022 and 2023, and this narrative provides tailwinds for all decentralized services. Tradecurve delivers a hybrid infrastructure model taking the best of centralized and decentralized trading platforms to offer the future of on-chain trading.

With self-custody and transparent on-chain pricing from DEXs and institutional-level liquidity mirroring the traditional CEX order book model, Tradecurve transforms the derivatives industry. The platform has no KYC process allowing anonymous trading activity, and with access to various asset classes, including forex, crypto, stocks, and commodities from a single merged interface Tradecurve puts itself ahead of its competition.

The protocol’s roadmap details introducing Proof of Reserves and onboarding 100,000 traders in the first three months. The presale has seen aggressive participation, and analysts forecast a 5,000% rally for $TCRV before the ICO ends.

Additionally, the protocol integrates artificial intelligence (AI) with AI-driven trading systems unlocking the power of machine learning to optimize any investor’s portfolio.

Tradecurve initially sets its sights on OKX, but truthfully, the protocol will absorb market share from other leaders such as Coinbase and Kraken. As DeFi thrives and millions of investors self-custody Tradecurve will become the central trading hub where users can access markets freely and trade without borders. 

Shiba Inu (SHIB) Burn Rate & Price Predictions

Shiba Inu (SHIB) is one of the market’s leading memecoins and a project that shocked investors with its rapid growth in 2021. Since then, Shiba Inu (SHIB) has undergone a pivot towards a more utility-based protocol as opposed to a hype-driven memecoin.

The developers behind Shiba Inu (SHIB) have been shipping upgrades to the ecosystem, which has branched out into the Metaverse, NFTs, the native Shiba Inu (SHIB) DEX ShibaSwap, and even scaling.

Shibarium, the new Shiba Inu (SHIB) layer two chain, has caught the attention of investors after it passed 16 million unique transactions showing its product market fit. Analysts revised price predictions for Shiba Inu (SHIB) with this new data and forecast a bullish range between $0.00002041 and $0.00002512 in 2024.

But it is the incredible uptick in the Shiba Inu (SHIB) burn rate that has drawn attention back to the Shiba Inu (SHIB) ecosystem. Throughout May, more than 16 billion $SHIB was burnt, which could cause a reversal in the short-term dominant bearish trend.  

Find out more about the Tradecurve presale here:
Website: https://tradecurve.io/ 
Presale: https://app.tradecurve.io/sign-up 
Telegram: https://t.me/tradecurve_official 
Twitter: https://twitter.com/Tradecurveapp 

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