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For the first time in more than a year, the daily median gas fee hit 90 gwei as the Pepe (PEPE) frenzy gripped the cryptocurrency market.
However, after some startling gains in a couple of weeks, Pepe (PEPE) now spends most of its time on the biggest daily losers list, and its price has dropped by more than 60%.
While things seem to be ending for Pepe (PEPE), Tradecurve, a new decentralized trading platform, is preparing for a more enormous price surge because investors have seen more prospects due to the utility the platform offers.
Pepe (PEPE) Hopped Into Instant Success
Pepe the Frog was a viral internet meme. Launching a cryptocurrency inspired by the meme with the backing from top exchanges was a recipe for instant success. Only hours after listing on Binance for Pepe (PEPE), it took hours to break into the top 100 cryptos ranked by market cap.
In the first few days of its listing on the likes of Binance, Pepe (PEPE) posted gains of more than 10,000% with an average daily trading volume of approximately $1 billion at the peak of the frenzy.
Even Frogs Have to Rest
The rally saw the price of Pepe (PEPE) shoot up from $0.00000002764 on April 17 to as high as $0.000004354 on May 5. However, things have cooled down considerably, and many investors are asking, is the Pepe (PEPE) frenzy over?
From its May 5 all-time high, the price of Pepe (PEPE) has tumbled by more than 63%, as per data from CoinMarketCap. Additionally, the daily transaction volume, which averaged over $1 billion at its peak, has plunged to $270 million over the last 24 hours. Onchain data shows that there has been a significant drop-off in the interest in Pepe (PEPE) as the frenzy comes to an end.
Investors Turn to the Utility of Tradecurve (TCRV) for a Sustained Price Surge
The rapid rise and fall of Pepe (PEPE) is just another reminder that the gains from meme coins are lost as quickly as they come. With the lesson in mind, investors are turning to Tradecurve (TCRV), a token preparing for a massive price surge, but has the advantage of being backed by a high-utility platform for sustained gains.
Tradecurve (TCRV) is the first of its kind in the crypto space – an all-inclusive trading platform that will give users access to trade crypto, stocks, forex, CFDs, bonds, ETFs, options, and other assets from a single account that doesn’t require KYC to open.
Tradecurve will also provide advanced trading features, including algorithmic trading, negative account protection, high leverage starting at 500:1, copy trading, a metaverse academy, low fees, low spreads, robust trading terminals, and ultra-fast order execution.
Backed by many experts as an exchange to disrupt Binance as the top crypto exchange, the native utility token of Tradecurve, TCRV, is predicted to return early buyers more than 5,000% over the next few months.
What is great is that investors have the opportunity to buy into the fascinating project early as TCRV is on-sale at only $0.012 per token.
To find out more about the Tradecurve (TCRV) presale, please visit the links below:
Website | Presale | Twitter | Telegram
Disclaimer
This article is sponsored content and does not represent the views or opinions of BeInCrypto. While we adhere to the Trust Project guidelines for unbiased and transparent reporting, this content is created by a third party and is intended for promotional purposes. Readers are advised to verify information independently and consult with a professional before making decisions based on this sponsored content.
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