Community Insights

Ripple’s (XRP) Hold On Market Solidified, First Wrapped Bitcoin Minting Helps Cardano (ADA), TMS Network (TMSN) Posts Unprecedented Presale Success Numbers

March 12, 2023 | by TI Partners | 0

The slowing market has received a positive boost from TMS Network (TMSN) presale, which has renewed the bullish environment. The first stage of TMS Network’s (TMSN) presale has posted a growth rate of 700%. Ripple (XRP) and Cardano (ADA) have also traded in the green zone in recent weeks.

Market Sentiments Around Ripple (SEC) Becomes Bullish

As the final verdict on the Ripple-SEC lawsuit comes near, XRP has rallied on the growth chart. There is a strong belief in the market that Ripple (XRP) will be victorious in the legal case against SEC. This has propelled investors to bet big on Ripple (XRP). Besides, Ripple (XRP) has also increased its global footprint in the last few months. Recently, Ripple (XRP) partnered with UAE-based Joyallukkas Exchange. These events have renewed the positive sentiments around Ripple (XRP). Consequently, Ripple (XRP) has witnessed an increase in its price. Ripple (XRP) has risen by more than 4.27% in the last seven days. Besides, on the daily chart, Ripple (XRP) has increased by 5%. As a result, Ripple (XRP) currently trades at $0.40, which is 90% below its all-time high of $3.84.

Cardano’s (ADA) Ecosystem Gets Expanded

The Cardano (ADA) ecosystem has received a significant market push after AnetaBTC minted the first wrapped Bitcoin on the network. The newly minted wrapped Bitcoin on the Cardano (ADA) network is called cBTC. This wrapped Bitcoin will be sent to the users’ Cardano (ADA) wallet after getting minted. This development might help the Cardano (ADA) network to unlock liquidity from the $432 billion Bitcoin market. Experts believe that it can cause a rise in the market capitalization of Cardano (ADA). The Cardano (ADA) network is currently ranked 7th by market capitalization. However, the price of Cardano (ADA) has witnessed a fall of 18% in the last 30 days. Currently, Cardano (ADA) is available to trade at $0.32, which is 89.60% below its peak of $3.10.

TMS Network (TMSN) Sets New Benchmarks For Presale Success

TMS Network (TMSN) has used blockchain technology to support crypto traders with its unique business roadmap. The network has built a state-of-the-art decentralized protocol that facilitates the online trading of digital assets, including stocks, cryptocurrencies, CFDs, and Forex.

As the network permits the trading of many digital assets, it can maintain sufficient liquidity at all times. TMSN is the native crypto that fuels TMS Network. An additional advantage of the network is that all TMSN token holders will get incentives from its revenue-sharing model. Under this commission-sharing model, TMSN token holders will be entitled to receive a portion of the fee-based revenue of the platform.

TMS Network (TMSN) has made a name for itself by facilitating transparent and error-free trade activities. The blockchain network also boasts an easy-to-navigate user interface. Notably, all transactions on the network are managed by its smart contracts. Interestingly, the deployment of smart contracts has kept intermediaries away from the network. So, TMS Network (TMSN) can enable people to complete their trades on the platform at a nominal fee.

TMS Network’s notable trait is its incredible scalability, which helps the platform manage a rising number of trade activities without compromising its fast speed. The platform also assists individuals by providing financial education through various resources, such as trading signals and market analysis. TMS Network (TMSN) has completed stage 1 of its presale phase while registering an increase of over 700% from its initial price of $0.003. The platform has bagged $500K in just two weeks of its launch. Moreover, experts believe that the forthcoming weeks will be more profitable for TMSN token holders. The current trading price of a TMSN token is $0.029.