Since the collapse of FTX in late 2022, there has been an exodus of cryptocurrency users and traders from centralized exchanges to decentralized exchanges (DEXs). The recent crackdown on centralized exchanges by regulators has also fueled a growing interest in DEXs.
These factors have contributed to making DEXs great investment opportunities in June 2023. In this article, we will discuss some of the best DEX tokens for investors to buy in June, including Uniswap, Tradecurve, and Pancakeswap.
Uniswap (UNI) Underpriced, Could Rally in June
Uniswap (UNI) is the biggest DEX in the crypto space that has seen its market share increase amidst the struggles faced by CEXs. The market share of Uniswap (UNI) could increase further in June as developers have successfully deployed its codes on the Bitcoin blockchain.
The price of Uniswap dropped significantly along with the crypto in May. However, with Uniswap (UNI) forming a bullish reversal pattern, things could change in June. The potential bullish market and a market expansion are what make Uniswap (UNI) a great buy for investors in June.
PancakeSwap (CAKE) Adds New Utility to Ecosystem
PancakeSwap (CAKE), one of the biggest decentralized exchange platforms, has begun adding new use cases to its ecosystem. Last week, PancakeSwap announced the launch of a new game, Pancake Protectors. The play-to-earn game will allow CAKE holders to earn rewards by completing missions, building teams, and fighting battles.
The launch of the game expands the utility of PancakeSwap as the project looks to take a share of the growing Web 3 gaming market. CAKE has been devalued through the course of the year, and a new utility for the token could help to drive its price higher. Since the launch of the P2E game, the price of CAKE has increased by 13% in a week, and more gains could come in June.
Tradecurve (TCRV) Prepares for More Gains After Stage Three Price Jump
In a bearish month when most of the crypto market recorded double-digit losses, the price of Tradecurve increased by 50% in May. With market analysts predicting more gains in June, Tradecurve (TCRV) is perhaps the best DEX token for investors to buy now.
The predictions for Tradecurve are bullish because it is the first DEX where users will be able to crypto, stocks, options, CMDs, ETFs, and more global financial instruments from a single account. Traders currently need to open accounts with multiple trading platforms to access these financial instruments.. Experts believe because Tradecurve is uniting all these assets under one platform, it will steal traders and market share from other platforms like Uniswap and PancakeSwap.
As the market share of Tradecurve increases, there is a consensus among experts that the price of the token could increase by up to 50x while in presale and up to 100x when the platform launches. Investors who missed the 25% increase in May still have a chance to enter into Tradecurve early as its native token currently sells for $0.015 in stage three of its presale.
Visit the links below for more information about the Tradecurve (TCRV) presale
Website: https://tradecurve.io/
Buy presale: https://app.tradecurve.io/sign-up
Twitter: https://twitter.com/Tradecurveapp
Telegram: https://t.me/tradecurve_official
