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DOGE Price Analysis: Tradecurve Increases 50%, Another Price Rise Imminent for TCRV?

By
TI Partners
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0

Dogecoin, a meme coin, and Elon Musk’s favorite cryptocurrency, has captured the attention of the crypto community with its unconventional origins and fluctuating price. In May, the value of Tradecurve’s token soared by 50%, but market analysts have spotted more bullish signs. In this article, we will discuss price analysis for Tradecurve

Dogecoin (DOGE) Price Analysis

Dogecoin’s price is currently mirroring the movements of Bitcoin, resulting in a decline to three-month lows. Traditionally influenced by various factors, Dogecoin’s appeal, particularly driven by its charm and the “Elon Musk effect,” seems to be fading, causing panic among investors. The launch of PEPE and other new meme coins have also contributed to shifting focus from Dogecoin, but it still remains the biggest meme coin, with a market cap of $9.4 billion.

While, the short-term outlook for a price recovery appears bleak, as altcoin recently witnessed a bearish crossover on the Moving Average Convergence Divergence (MACD) indicator, Dogecoin (DOGE) still remains bullish on longer time frames. Dogecoin currently trades at $0.06682 above the critical $0.062 support level.

The last time Dogecoin tested this support, the price of the token rallied as high as $0.1.5. This, along with the recent developments in the Dogecoin community could cause a price surge that could take the price of DOGE first to reclaim the $0.07000 level, before looking ahead to $0.095. However, if the prevailing downtrend forces the price of Dogecoin to break below the support level of $0.062 and push towards lower levels, such as $0.057.

Tradecurve (TCRV) Increases By 50%, Is Another Price Rise Imminent for TCRV?

While Dogecoin holders are currently hoping for a bullish reversal, a newcomer, Tradecurve (TCRV) recorded an incredible 50% price increase in May. The price jump of TCRV was sparked by an influx of new investors and traders into the project’s presale. Tradecurve has piqued the interest of the crypto community because it is building a decentralized trading platform that taps into some of the largest financial markets in the world.

Tradecurve offers different tradable assets such as forex, commodities, cryptocurrencies, CFDs, and stocks. The forex market alone registers daily trade volumes of over $7.5 trillion – several times more than what the crypto market records. This will ensure there is always massive liquidity within Tradecurve and is poised to rival prominent players such as Binance and Gemini in terms of trading volume. To further enhance the trading experience, Tradecurve plans to launch a trading academy, providing educational resources for new traders to learn about trading strategies and techniques, ultimately improving their trading skills.

This underscores the potential appeal and profitability of investing in TCRV, with market experts predicting a 50x surge for TCRV while still in presale, and another price surge could push its value by 100x of what it is now. At the time of this writing, Tradecurve (TCRV), is in the third stage of its presale, and you can buy a token for just $0.015 a piece.

To learn more about the Tradecurve (TCRV) presale, please visit the links below:

Website: https://tradecurve.io/

Buy presale: https://app.tradecurve.io/sign-up

Twitter: https://twitter.com/Tradecurveapp

Telegram: https://t.me/tradecurve_official

Most Profitable Public Companies in Nigeria – Looking Deeper into Profits and Margins

By
Ndubuisi Ekekwe
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0

A member here dropped a comment, trying to explain the difference between “most profit” and “most profitable”, and making a point that the chart of “Most Profitable” public companies in Nigeria might not have been ranked well.  He concluded: “Profitability essentially is total profit as a percentage of Enterprise value/Capital Invested. On that basis I suspect the banks on this list are more profitable than all the others.” The chart is here.

Did you notice something in the comparison? Airtel Africa has very poor margins. A recommendation could be for it to exit some markets when you see what MTN Nigeria is doing in Nigeria. Indeed, why destroy margins in some markets in Africa, assuming its Nigerian operations are well optimized!

NFT Scams: Safeguarding Your Assets in a Digital Age

By
Olaseni Kehinde Precious
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0

NFT scams are becoming increasingly common as hackers find new ways to infiltrate the blockchain and steal cryptocurrency or artwork. A recent report released by Elliptic shows that between July 2021 and July 2022, NFT-related scams accounted for approximately $100.6 million. One of the biggest scams to date was Aptos Chimp, an NFT built on the Aptos blockchain, which scammed investors of 1.5 $APT (roughly $12.6 million) through a fake site drainer in October 2022.

As NFTs continue to surge in popularity, so are the scams. Below are some common NFT scams to be aware of:

Discord and Social Media Hack

In 2022, several projects, including Bored Ape Yacht Club, Squiggles, Doodles, and Kaiju Kingz experienced significant losses due to malicious attacks resulting from server breaches. Scammers have also targeted accounts on social media sites like Instagram and Twitter, in addition to Discord. For example, the Bored Ape Yacht Club’s Instagram account was compromised in addition to Discord, causing the project to suffer losses valued at 200 ETH. Additionally, another popular NFT project, Azuki suffered losses totalling more than $750,000 USDC after a Twitter hacker posted a malicious link on the platform in January 2023.

To prevent falling victim to such prevalent scams, always be on the lookout for the official Twitter announcement. You can also check Project’s Telegram and Discord to confirm that the mint or airdrop update on their other social media pages is genuine.

Another important red flag to watch out for is channel disorganization. Most times, when a Discord channel is hacked, scammers often disorganize the activities with financial-centric and absurd content.

Unsolicited Discord DMs

One of the common tactics scammers employ to steal NFTs away from communities is to clone moderators’ profiles and offer fake assistance through unsolicited DMs. These scammers mostly impersonate moderators on platforms like Discord and target new members for their scheme. Once they have gained the member’s trust, they may request private information such as seed phrases under the guise of offering assistance.

However, Discord allows you to prevent direct messages from strangers. So, ensure to always lock your DMs from unknown users or totally restrict messages from certain channels.

Mint Scams and Rug Pulls

Over the years, the NFT, like every other aspect of Web3, has witnessed its share of founder-driven scams and rug pulls. For example, the founders of Ballonsville, who had previously defrauded investors, committed another fraud by launching a new project, Reptilian Renegade, in 2022. However, after the founder’s identity and historical scam were exposed, the project’s value plummeted. Similarly, in April 2023, Zkquads, a highly anticipated project on the ZkSync platform, executed a rug pull during the minting process and immediately deactivated their Twitter account.

To avoid falling victim to such scams, steer clear of projects with unclear founder identities. Conduct due diligence by asking questions during Ask Me Anything (AMA) sessions and by reviewing their Discord and website to verify their identities.

Additionally, use at least two separate NFT wallets: one for minting and another exclusively for purchasing NFTs. Be cautious with minting links and wait until several users have successfully participated in the minting process before proceeding to mint.

Look-Alike Websites

Scammers often use imitation websites to defraud unsuspecting victims, exploiting project websites and online marketplaces to carry it out. For example, the Google ad scam targeting the X2Y2 NFT marketplace led to a loss of 100 ETH.

Fake Twitter and Support Pages

Web3 scammers may deceive users by creating fake Twitter accounts and support pages for existing or upcoming projects. They exploit these platforms to impersonate helpful representatives and trick victims into sharing their wallet details and seed phrases under the pretense of account verification. So, consider Discord’s open ticket system for submitting complaints and never disclose your seed phrase or sensitive information to anyone offering assistance via social media.

Phishing

In 2022, OpenSea suffered a data breach when a contractor leaked customer email data to an external entity. Scammers used this information to steal $1.7 million worth of ETH by liquidating stolen NFTs from victims’ wallets. Oftentimes, scammers replicate legitimate marketplaces in their emails to deceive NFT investors. So, ensure you always verify the sender’s email address and avoid clicking on suspicious links.

Fake Airdrops

NFT scammers may use fake airdrops to deceive users and drain their digital wallets. For instance, in the Bored Ape Yacht Club scam, attackers distributed counterfeit Otherside Land NFTs to BAYC holders. However, since airdrops do not guarantee future token value and may attract hype without offering substantial worth, it is essential to carefully evaluate the risks and rewards before participating. 

Influencer Scam

Influencer marketing has become a common NFT promotional strategy. While influencer marketing isn’t bad by nature, there’s a rise in scams.

While identifying scam influencers can be challenging, oftentimes these scammers use online personalities with fake followers, poor reputations, or giveaway influencers to manipulate their audience.

Also, watch out for other red flags such as a high number of bot followers, a history of scam promotion, and frequent giveaway posts. Additionally, influencers who label themselves as “promoters” or charge fees for promotion may prioritize financial gain over long-term growth. 

 Final Thoughts

NFTs have undergone significant development across various blockchains, including Ethereum, Arbitrum, Solana, Polygon, and Near. Recently, advancements in Bitcoin through Ordinals and the ZkSync ecosystem have further expanded their adoption. As the NFT market continues to grow, so do the complexities of scams targeting investors. So, ensure to conduct thorough research before buying into any project. Beyond that, always stay vigilant and keep your wallet information private. 

Binance’s CZ Launches Zhao Capital

By
Paul Ugbede Godwin
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0
Fund, money cash dollar

Zhao Capital is a new venture capital firm launched by Changpeng Zhao, the founder and CEO of Binance, the world’s largest cryptocurrency exchange. Zhao Capital aims to invest in innovative startups in the blockchain and crypto space, as well as other sectors that can benefit from the adoption of decentralized technologies.

Zhao Capital was announced on June 1, 2023, at the Binance Blockchain Week event in Singapore. Zhao said that he wanted to use his experience and network in the crypto industry to help entrepreneurs and innovators achieve their goals. He also said that he would leverage Binance’s resources and ecosystem to support the portfolio companies of Zhao Capital.

Zhao Capital is a leading investment firm that specializes in crypto assets and blockchain technology. Founded in 2023 by Changpeng Zhao, the former CEO of Binance, Zhao Capital aims to provide innovative solutions and services to the rapidly growing crypto industry.

Zhao Capital was established after Zhao and Binance faced a series of legal challenges from regulators around the world, including the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The SEC accused Binance and Zhao of operating an unregistered securities exchange, misleading investors about its market surveillance controls, and secretly controlling customers’ assets. The CFTC alleged that Binance and Zhao violated its rules by offering illegal derivatives trading and failing to implement a proper compliance program.

Zhao decided to leave Binance and launch his own venture, Zhao Capital, with the vision of creating a more transparent, compliant, and innovative platform for crypto investors. Zhao Capital offers a range of products and services, such as:

Crypto asset management: Zhao Capital manages a portfolio of crypto assets for institutional and individual investors, leveraging its expertise and network in the crypto space. Zhao Capital also advises clients on crypto asset allocation, risk management, and market trends.

Crypto research and education: Zhao Capital conducts in-depth research and analysis on various aspects of the crypto industry, such as technology, regulation, innovation, and social impact. Zhao Capital also provides educational resources and training programs for crypto enthusiasts and professionals.

Crypto incubation and acceleration: Zhao Capital support promising crypto startups and projects by providing funding, mentorship, networking, and technical assistance. Zhao Capital also helps existing crypto businesses scale up and expand their reach and impact.

Zhao Capital is headquartered in Singapore, a global financial hub and a friendly jurisdiction for crypto businesses. Zhao Capital also has offices in Hong Kong, London, New York, and Tokyo. Zhao Capital has a team of experienced professionals from diverse backgrounds and disciplines, such as finance, technology, law, marketing, and media.

Zhao Capital is named after the ancient state of Zhao (?), which was one of the seven major states during the Warring States period of ancient China. The state of Zhao was known for its military prowess, cultural achievements, and diplomatic relations. Zhao Capital draws inspiration from the history and legacy of Zhao, as well as from its founder Changpeng Zhao’s personal values and vision.

Zhao Capital has already made several investments in promising projects, such as:

Sigma Chain, a Swiss-registered trading firm that provides liquidity and market-making services for Binance and other crypto exchanges.

Merit Peak, a British Virgin Islands-based trading firm that uses client funds to buy Binance’s own dollar-linked “BUSD” crypto token.

FTX, a Bahamas-based crypto exchange that offers derivatives and futures trading for various cryptocurrencies.

Twitter, a social media platform that allows users to post short messages and interact with each other.

Zhao Capital’s investments have attracted attention from regulators and critics, who have accused Binance and Zhao of operating a “web of deception” and engaging in “manipulative trading” to artificially inflate the exchange’s trading volumes and profits. The U.S. Securities and Exchange Commission (SEC) has sued Binance, Zhao Capital, and Zhao himself for 13 offences, including securities fraud, money laundering, and sanctions violations.

Zhao has denied the allegations and said that he would “vigorously defend” himself and his companies against the SEC charges. He also said that all user assets were “safe and secure” and that Binance was compliant with all applicable laws and regulations.

Zhao Capital’s mission is to empower crypto investors with the best tools, insights, and opportunities to succeed in the new era of digital finance. Zhao Capital believes that crypto assets and blockchain technology have the potential to transform the world for the better, by creating more inclusive, efficient, and secure systems for value exchange. Zhao Capital strives to be a trusted partner and leader in the crypto industry, by upholding the highest standards of professionalism, integrity, and innovation.

Coinbase Invests in Zhao Fund Amid SEC Suits

Coinbase, one of the largest cryptocurrency exchanges in the world, has announced that it will invest $100 million in a new fund created by Changpeng Zhao, the founder and CEO of Binance, another leading crypto platform. The investment comes at a time when both companies are facing lawsuits from the U.S. Securities and Exchange Commission (SEC) for allegedly operating unregistered securities.

The fund, called Zhao Capital, aims to support innovation and growth in the crypto industry by providing capital and guidance to promising projects and startups. Zhao said that he was grateful for Coinbase’s support and that he hoped to collaborate with them on advancing the crypto ecosystem.

Coinbase’s CEO Brian Armstrong said that he admired Zhao’s vision and leadership and that he believed in the potential of crypto to create a more open and inclusive financial system. He said that Coinbase’s investment in Zhao Capital was part of its strategy to foster innovation and adoption in the crypto space.

However, both Coinbase and Binance are facing legal challenges from the SEC, which has been cracking down on the crypto industry for allegedly violating securities laws. The SEC has sued Coinbase for offering a lending program called Coinbase Lend, which would allow users to earn interest on their crypto holdings. The SEC claims that Coinbase Lend involves selling unregistered securities and that Coinbase failed to provide adequate disclosures and safeguards to investors.

The SEC has also sued Binance and Zhao for secretly transferring billions of dollar worth of customer funds between companies controlled by Zhao and for operating unregistered securities through its platform. The SEC alleges that Zhao secretly controlled Binance.US, a subsidiary of Binance that operates in the U.S., despite claiming to have no involvement in it. The SEC also accuses Binance and its affiliated entity, BAM Trading Services, of running a “f***ing unlicensed securities exchange” in the U.S., as revealed by a text message from Binance’s former chief compliance officer.

Both Coinbase and Binance have denied the SEC’s allegations and have vowed to fight them in court. They have also hired prominent law firms to represent them in their legal battles. Coinbase has retained Paul Weiss Rifkind Wharton & Garrison, while Binance has hired Latham & Watkins.

The outcome of these lawsuits could have significant implications for the future of the crypto industry, as they could set precedents for how crypto platforms are regulated and supervised by authorities. The lawsuits could also affect the reputation and trust of both Coinbase and Binance among their customers and partners.

Sparklo (SPRK) Top of Investors’ Watchlist, While 1inch Network (1INCH) And Pancakeswap (CAKE) Record Massive Gains

By
TI Partners
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0

Signs of good days are here as investors gear up for what might be an upturn in the crypto market as Sparklo continues to witness growth in its ongoing token presale. Similarly, 1inch Network (1INCH) and PancakeSwap (CAKE) both recorded significant price rallies in the market.

Moon-bound Sparklo (SPRK) gets a fresh batch of investors

When launched, Sparklo will become an innovative investment platform that lets users invest in timeless solid treasures like Silver, Gold and Platinum. These treasures will be traded using fractionalized NFTs which act as digital placeholders for these assets. Following the consistent growth of Sparklo in the ongoing presale, more investors are joining the project in a bid to position themselves to make profits from the project.

Crypto experts have projected the SPRK token to become the next blue-chip crypto in the near future. Sparklo is currently in the second phase of presale and the token is selling for $0.036 per token currently. If you missed the first stage of the presale, you have the opportunity now to invest in the ongoing second stage before the tokens price skyrocket. Early investments in projects like Sparklo are where significant gains are made.

In view of the security threat of preceding blockchain projects in the past, Sparklo has taken measures to prevent a rug pull by locking its liquidity for 100 years. Sparklo project has been audited by Interfi Network. The Block Audit Report Team has also done its due diligence and successfully handed Sparklo its KYC certification. We believe that Sparklo is a promising investment opportunity that you should definitely invest in now. You can join by clicking the link below.

>>>> BUY SPRK TOKENS <<<

big win for 1inch Network (1INCH) as token record gains

1inch Network (1INCH) is a decentralized protocol that unites, synergies and offers solutions to operations in the decentralized exchange (DEX). 1inch Network (1INCH) value rose by 3.37% in the last 24 hours. This development raised the  Network (1INCH) trading price to $0.37 presently.  1inch Network (1INCH) 24-hour trading volume also saw a 33.02% increase to stay at $34.36M presently.

The latest price rally of the 1inch Network (1INCH) coin is part of the general upturn in the crypto market lately. While 1inch Network (1INCH) is at a positive price rally at the moment, it is left to be seen whether the coin can replicate the consistency of the Sparklo token. 1inch Network (1INCH) coin holders are already joining the Sparklo ongoing presale to make gains as Sparklo offers better benefits than the 1inch Network (1INCH).

PancakeSwap (CAKE) records positive price trajectory amid the imminent launch of NFT

PancakeSwap (CAKE) is an on-chain application that lets users exchange tokens while providing liquidity in a blockchain farming system.  In recent news, PancakeSwap (CAKE) has announced the official launch of the Pancake Protectors NFT collection. Following this development, PancakeSwap (CAKE) users will be open to trading NFTs in the PancakeSwap (CAKE) network.

PancakeSwap (CAKE) is currently trading at $1.75 with a 24-hour trading volume of $36 million. PancakeSwap (CAKE) has gained more than 10% in value in the past few days, signaling a rally. However, PancakeSwap (CAKE) price has not shown any positive signs in the last few hours.  Going by the previous day’s record, PancakeSwap (CAKE) coin holders could be witnessing massive gains soon. But Sparklo offers much more gains which have led most PancakeSwap (CAKE) coin holders to join the ongoing Sparklo presale to make gains. SPRK token has already been projected to rise exponentially in the year.

 

Find out more about the presale with the links below;

Click here to buy presale

Check out the website

Check out the telegram channe

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