The last few weeks have been extremely volatile for the crypto world. While the beginning of 2023 brought a price appreciation in almost all tokens, the market took a sudden downturn in February.
Besides, the collapse of Silvergate and increasing government scrutiny have also given bears an opportunity to dominate the market. Meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) have been among the worst sufferers in recent times. However, a new crypto, TMS Network (TMSN), has made a huge splash in the market with its presale success.
Shiba Inu (SHIB) Launches Shibarium Public Beta
Shiba Inu (SHIB) has finally launched the much-awaited layer-2 solution “Shibarium.” The Shiba Inu (SHIB) community was eagerly awaiting this upgrade as they now hope to see a price appreciation of the token. Shiba Inu’s (SHIB) Shibarium is a layer-2 blockchain that aims to address the shortcomings of the Ethereum network. The Shiba Inu (SHIB) development team has named the early beta test of the Shibarium network “PUPPYNET.” After the launch of Shibarium, Shiba Inu (SHIB) witnessed an increase in the daily price chart. However, Shiba Inu (SHIB) has witnessed a fall of 9% and 22% on the weekly and monthly charts, respectively. Currently, Shiba Inu (SHIB) trades at $0.000010, which is 68% below its all-time high of $0.000032.
Silvergate Fiasco Cripples Dogecoin (DOGE) Community
An intense fear has gripped Dogecoin (DOGE) investors after the collapse of crypto-friendly bank, Silvergate. Dogecoin (DOGE) investors are now worried about the sustainability of the entire crypto market. Notably, a massive sell-off has been triggered in the Dogecoin (DOGE) community. Hence, the price of Dogecoin (DOGE) has also witnessed a decline in the last few weeks. The price of Dogecoin (DOGE) has fallen by 21% in the last 30 days. Notably, the decline has occurred despite Elon Musk’s open publicity for Dogecoin (DOGE). As a result, the current trading price of Dogecoin (DOGE) has come down to $0.0664, which is 91% below its all-time high of $0.74.
TMS Network (TMSN) Emerges As Market Champion
A revolutionary blockchain project, TMS Network (TMSN), has been developed to facilitate the online trading of a range of digital assets on a single platform. Its goal is to facilitate faster and transparent trading of cryptocurrencies, stocks, CFDs, and Forex.
TMS Network (TMSN) vows to ensure accuracy, security, and transparency in all transactions on its platform. It has integrated smart contracts into its network to smoothen all trading processes. Thus, TMS Network (TMSN) has left no room for intermediaries on the platform. This characteristic enables it to offer maximum benefits to its users by bringing the transaction fees down. The expulsion of middlemen also mitigates the possibility of fraud and manipulation on TMS Network (TMSN).
With such a diverse pool of tradable digital assets, TMS Network (TMSN) is always able to boost liquidity on the platform. It allows you to execute transactions instantly. The exceptional feature of the network is its scalability. The project can easily navigate through a soaring number of transactions and users, without hampering the platform’s speed. Moreover, all TMSN token holders will benefit from the project’s revenue-sharing model. TMS Network (TMSN), through this revenue model, will distribute a certain part of its commission-based earning among TMSN token holders.
The network has also taken initiatives for increasing financial awareness through educational resources.
Investors are extremely convinced about the project’s growth as the price of TMS Network (TMSN) has leapt from $0.003 to $0.036. Moreover, its presale stage 1 is sold out, and TMS Network (TMSN) has raised over $3 million in just a couple of weeks.
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/TMSNetworkIO
Twitter: https://twitter.com/tmsnetworkio