While the crypto market is already trading in the red zone, projects like Binance (BNB) and Cardano (ADA) have faced additional challenges.
However, TMS Network’s (TMSN) presale has come as a relief for investors. The presale round of TMS Network (TMSN) has progressed to a new height, and its first stage was sold out before the due date. The first stage has raised more than $500K in just two weeks of its launch.
WSJ Report Cripples Binance’s (BNB) Position In The US
A report by Wall Street Journal has put Binance (BNB) in a challenging situation. The findings of the report can land Binance (BNB) in legal trouble in the US. As per the report, Binance (BNB) and Binance.US are closely intertwined. However, the former has hubs in China and Japan, and the latter has one in San Francisco. The report claimed that the software code for Binance.US users’ digital wallets is maintained by China-based Binance (BNB) developers. Reportedly, this can give Binance (BNB) access to US customer data. Binance (BNB) is currently under scrutiny after US senators asked Binance.US to disclose regulatory compliances and finances. The price of Binance (BNB) has fallen by 14% in the last 30 days. Consequently, Binance (BNB) currently trades at $286.37, which is 58.55% below its all-time high of $690.93.
Cardano (ADA) Assures Investors Of Future Growth
Cardano (ADA) founder, Charles Hoskinson, recently stated that NFTs are a major part of the network. He said that the Cardano (ADA) ecosystem will grow significantly in the future on the back of recently introduced NFT-based projects on the network. His comments have come at a time when a report by IntoTheBlock has claimed that 80% of Cardano (ADA) investors are currently losing money. The report also triggered a selloff of Cardano (ADA) tokens. Hence, according to analysts, Hoskinson’s comments on NFTs based on the Cardano (ADA) network are of great significance. The price of Cardano (ADA) has plummeted by 19% in the last 30 days. Currently, Cardano (ADA) trades at $0.32, which is 89.54% below its all-time high of $3.10.
TMS Network (TMSN) Gets Into The King Tokens’ League With Massive Market Acceptance
TMS Network (TMSN) has utilized blockchain technology to create a novel trading infrastructure. The network solves the existing trading platforms’ lacunae, including centralization, high fees, low return on investment, slow transaction times, and opaqueness. TMS Network (TMSN) has created a state-of-the-art blockchain protocol that eases the trading of a variety of digital assets. On TMS Network (TMSN), individuals can trade CFDs, cryptocurrencies, as well as stocks. This pool, comprising diverse assets, helps the network sustain high liquidity on the platform, and enables traders to deposit or withdraw through cryptocurrencies instantly.
All trade activities on TMS Network (TMSN) are supervised by smart contracts to ensure that they stay error-free and tamper-proof. Besides, TMS Network (TMSN) does not allow any participation of middlemen. Hence, it can help traders finalize their trades at lower transaction fees. TMS Network (TMSN) has come up with unparalleled scalability to seamlessly supervise an increasing number of users and trading activities without jeopardizing its speed. The platform also offers educational resources, such as market analysis and trading signals, to raise financial awareness. However, the most striking characteristic of TMS Network (TMSN) is its revenue-sharing model. The platform will be distributing its revenue generated through transaction fees among all TMSN token holders.
Investors are convinced that the forthcoming stages will be more promising. Pushed by these positive market sentiments, the price of a TMSN token has jumped from $0.003 to $0.032, posting a growth rate of more than 967%.
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/TMSNetworkIO
Twitter: https://twitter.com/tmsnetworkio
