Bear Markets Are for Building: Should Ripple XRP and Tradecurve Be in Your Portfolio?

As recent market developments indicate the beginning of a bear market, all eyes are on Ripple and the ongoing lawsuit. A victory for Ripple (XRP) in the SEC case could undermine the class-action lawsuit. Meanwhile, Tradecurve’s presale is thriving, pocketing 80%. Traders appreciate the newcomer for its unique hybrid exchange. Here’s what you need to know.

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Ripple Lawsuit Seems To Be Endless

Ripple’s (XRP) CEO, Brad Garlinghouse, is currently facing a class-action lawsuit. However, lawyer John E. Deaton anticipates a comprehensive victory for Ripple’s case, which could undermine the class-action lawsuit. If Ripple wins the SEC case, it could establish a fund to compensate XRP holders. Conversely, if the SEC were to win, they would rather collect the money than the plaintiffs in the class-action suit.

Despite concerns from XRP holders, Deaton clarifies that the certified classes subject to the class-action lawsuit would only apply to US investors. XRP holders outside of the US would not be affected by this certification. Regulatory authorities in these jurisdictions have already declared that XRP is not a security, implying that the certification does not impact XRP holders outside of the US.

Ripple Labs faces both the SEC lawsuit and the certified class-action lawsuit simultaneously. However, the outcome of the SEC case will have far more substantial consequences for the company. A Ripple victory in the SEC case could transform the entire fundamentals of the class-action lawsuit and have global effects on the categorization and regulation of cryptocurrencies. The determination of whether Ripple is considered a security was central to Ripple’s legal challenges in recent years, and the entire market is eagerly awaiting the final outcome.

At the time of writing, Ripple’s XRP is trading at $0.46542577, facing strong resistance at $0.5. Bulls are waiting for the SEC case outcome, which will determine further price action. However, with the overall market shifting bearish, not much buying pressure is expected.

Given that Ripple is busy fighting this case, it’s a fair question to ask, have they really had time to do any building recently?

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Hybrid Trading From a Single Account: Tradecurve

This emerging all-in-one trading platform aims to revolutionize the way we trade, addressing the most critical issues faced by traders worldwide: limited accessibility, lack of transparency, and high trading costs. Tradecurve (TCRV) is building an innovative solution.

Built on the Ethereum blockchain, Tradecurve offers a one-stop trading platform. Its accessibility, coupled with a unified platform, allows access to ious markets, including stocks, forex, commodities, indices, and crypto.

Tradecurve aims to democratize access to the markets by focusing on the pain points in the trading industry, such as restricted access, high fees, high minimum deposits, rigid regulations, and strict KYC requirements. It provides a platform for all traders globally, regardless of their financial backgrounds

Distributed liquidity and non-custodial storage are significant advantages in terms of security, trading fees, and simplicity in the onboarding process. Registration only requires an email address and a wallet.

Tradecurve’s strong emphasis on transparency ensures fair pricing, security of funds, and fast order ution for traders. The platform offers advanced trading tools and educational resources, including algorithmic trading s, copy trading, AI support, and a comprehensive metaverse trading academy.

Powering the eco, Tradecurve’s native token, TCRV, is currently available in presale for $0.018, already up by 80%. The roadmap for 2023 includes numerous developments aimed at expanding the platform’s reach and improving functionality

Upcoming listings on Uniswap, CoinMarketCap, and CoinGecko, as well as the initiation of the Trading App for iOS and Android, are just some of the drivers for TCRV’s price

With increased user adoption and platform utility, experts predict a 50x increase in TCRV’s price during the presale alone. Additionally, with the unveiling of the Tradecurve MT4 Platform and listing on a CEX, Tradecurve’s price is estimated to possibly reach a 100x increase in 2024.

To find more information about Tradecurve and the TCRV token, visit the links below:

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