The Financial Times reported on June 15 that HKMA questioned the U.K.-based firms as well as the Bank of China in a meeting that was held in May.
The Hong Kong Monetary Authority (HKMA) pressured major banks, such as HSBC, Standard Chartered, and Bank of China, to pay attention to new market developments and encouraged them to adopt a new approach to the crypto sector.
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The Financial Times reported on June 15 that HKMA questioned the U.K.-based firms as well as the Bank of China in a meeting that was held in May. As a result, NiHao and Akita Inu have begun surging in value, and Tracurve is also set to experience a 100% growth in value throughout June.
NiHao Price Performance
NiHao originally saw a rise in value of 40,000% in just one day on June 1, indicating that interest in cryptocurrencies in China is high. As of June 16, 2023, NiHao trades at 0.000000000751163.
When we go over the weekly performance of NiHao, its low point was at a value of $0.000000000635527, while its high point was at $0.000000001970. In the last 24 hours alone, the NiHao cryptocurrency surged by 18%, showcasing that it is still undergoing bullish momentum. But NiHao is not the only cryptocurrency to experience such a vast growth in value, as so did Akita Inu and Tradecurve.
Akita Inu and Its Surge
Akita Inu trades at $0.000000110052 on June 16, 2023. In the last seven days, the low point for Akita Inu was at $0.000000103749, while the high point was at $0.000000121820. Here we can see a surge in the value of 17.42%.
In the last 24 hours alone, Akita Inu increased in value by 3.2%. With this in mind, it is clear that the value of Akita Inu has also begun surging, and investors are taking note. Yet, another cryptocurrency has managed to grab a lot more attention, and that's TCRV.
Tradecurve to See a 100% Value Increase in June
NiHao and Akita Inu are not the only two altcoins that have surged in appeal as well as value. Another upcoming project in the DeFi space, Tradecurve has seen a surge in value of 20%, and can grow 100% during the entirety of June according to analysts predictions.
The Tradecurve platform offers unrestricted access to cryptocurrencies and derivatives trading without KYC completion and with a high level of anonymity and privacy. Users can simply make a deposit in cryptocurrencies, which will then be used as collateral when trades are made on top of the platform.
Another significant reason why Tradecurve could surge 100% in value is because of its appeal due to its implementation of automated and artificial intelligence training bots.
These can execute trades faster and more efficiently than manual trading and can swiftly analyze market conditions, monitor price movements, and execute trades based on predefined strategies.
This speed and efficiency can aid traders in taking advantage of short-term trading opportunities whilst also reducing the risk of missing out on any potentially profitable trades.
TCRV also saw a significant level of momentum as it sold out during Stage 3 quicker than anticipated and TCRV now trades at $0.018. 15,348,806 TCRV tokens sold in less than 24 hours during this presale stage, indicating that interest has peaked, and analysts predict that its value will climb by 100x at launch.
For more information about the Tradecurve presale:
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