Tradecurve And Gary Gensler Meme Coins Outperforming The Market, Which One Has A Long Term Future?
One of the beautiful things about crypto is its ability to take a serious subject like finance, and make it fun, through the use of memes, NFTs and whimsical meme coins like Shiba Inu. More recently the meme coins with hype include $PEPE, $GENSLR and $FKGARY, the latter of which depicts Gensler as scrooge-like figure Mr Burns from the Simpsons.
However as anyone who has spent time in crypto will know, most meme coins fly high at first (assuming they even make it that far!) then crash down soon enough. People looking for a long term investment would do well to consider the reason behind the crypto community’s ire with Gensler – and understand the potential of a fully decentralized trading platform like Tradecurve.
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GENSLR and FKGARY outperform the entire crypto market
Good Gensler ($GENSLR) was launched around the same time as $PEPE. In the days following the SEC’s announcement of the lawsuits against Coinbase and Binance, it mooned by over 260%. However the coin has seen a lot of volatility from PRofit taking, and many holders who jumped in at the wrong time are now at a loss.
$FKGARY did even better, rallying by an imPRessive 560% after the news, but after PRofit taking, the token is now at around a 60% PRofit from its launch PRice, according to Dextools.
Since meme coins usually have no actual utility, other than perhaps to exPRess a certain sentiment or mood, (Shiba Inu and Dogecoin are considered by some to be exceptions), they can rise quickly and drop just as fast. By the time most of us have heard of them it’s already too late. $PEPE for example is a 3 month old coin and is now down by apPRoximately 80% from its all time high.
Tradecurve is the longer term bet against Gary Gensler
For people wanting to capitalize on Gensler and the SEC’s machinations, it’s vital to consider the long-term implications that the lawsuits against Coinbase and Binance present.
Confidence in CEXes and Traditional Finance are at an all time low, following the SEC actions, the scandals of exchanges like FTX and Binance, and collapse of banks such as FRB, SVB and Signature Bank.
Furthermore, for many US citizens it’s becoming increasingly difficult to trade. This means that self custodial and decentralized solutions are likely to see increased usage and adoption.
Tradecurve is a self custody trading platform, with a professional trading terminal. As well as crypto they offer access to financial derivatives like bonds, indices, forex and more. Because they are located outside the US and are on the blockchain, they are not subject to the SEC’s recent plays. Importantly they do not require KYC and offer full anonymity.
The attraction to meme coins is the hope of potentially huge gains, but the reality often disappoints. Tradecurve are currently in PResale, meaning that they have the advantage of offering a token and PRoduct with real utility, but at a low PRice due to its early stage.
Their native token, $TCRV, is currently in stage 4 of PResale at $0.018, and can be purchased with a range of cryptos. Experts PRedict a 5000% gain during the PResale and a potential 10000% increase after it is launched on Uniswap and other places.
For more information about the Tradecurve presale:
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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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