TMS Network (TMSN) Continues to Fly High
TMS Network (TMSN) may be a relatively new entrant in the crypto market, but it has created a loyal and sizeable following in a short time due to its utilitarian use case. TMS Network (TMSN) allows traders to trade in crypto assets like cryptocurrencies and CFDs as well as traditional assets like stocks and forex. Its use case has a mass appeal, which has been pulling in investors since day 1.
The proof is in the pudding. TMS Network (TMSN) has been appreciating in value in its presale stages. In the stage 1 presale, TMS Network (TMSN) traded at $0.025. It registered a 100% rise in stage 2 presale, as the price touched $0.05. The stage 3 presale saw the price go up to $0.078. As TMS Network (TMSN) moves to the stage 4 presale, it is trading at a price point of $0.0104.
Experts believe that the vertical growth of TMS Network (TMSN) will continue. It has already created massive returns for its early investors. It has the potential to deliver another 4000% growth after its launch.
TRON (TRX) is Gearing Up for a Bigger Fall
TRON (TRX) has not been performing well for a while now. However, researchers at the reputed dWallet labs found a security weakness in the TRON (TRX) blockchain in May, which further dented its growth prospects. Multi-sig accounts require multiple signatures before they can be used to execute a transaction on the TRON (TRX) blockchain. However, the TRON (TRX) vulnerability allowed any one of the signatories to access the funds in the account without the consent of the other signatories.
The security vulnerability has already put TRON (TRX) assets worth $500 million in multi-sig accounts at risk once before. This happened a few months ago when TRON (TRX) claimed they had resolved the problem. But the vulnerability crept up on the network yet again, damaging its popularity in the industry.
As the news spread, the value of TRON (TRX) began to decline. With competition in the crypto universe heating up, investors are finding multiple alternatives to TRON (TRX) that are safer and offer better returns.
No Upside for Dogecoin (DOGE)
Dogecoin (DOGE) is the original meme coin. Like a quintessential meme coin, its value is not rooted in any valuable use case but the market sentiment. For Dogecoin (DOGE), the market sentiment is primarily driven by Elon Musk. When Elon Musk changed the Twitter logo to Dogecoin (DOGE), its value skyrocketed. However, now that the billionaire investor has forgotten about the meme coin, its value has tumbled down.
The price of Dogecoin (DOGE) has dropped from $0.08 to $0.07 within a month. This is a far cry from the high of $0.58 in May 2021. Meanwhile, the transaction volumes of Dogecoin (DOGE) have settled around $230 million, which means that Dogecoin (DOGE) is still under tremendous selling pressure. As the value of Dogecoin (DOGE) continues to decline, investors are exploring other options to park their capital.
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