TMS Network (TMSN), a project in its presale run, has amassed a sizable following, with many experts claiming it could be the next crypto to explode in the upcoming bull run. One of the people keeping this presale star on his radar is a major XRP (XRP) whale that has begun stockpiling these tokens. Many investors have been perplexed by this move as they do not understand why, but today, we will find that out.
Right after Ripple CEO Brad Garlinghouse said in an interview that cryptocurrency companies might decide to leave the US due to regulatory confusion, the XRP (XRP) token fell. In light of its legal battle with the SEC, this may imply that Ripple may be preparing to leave the country, which does not bode well for XRP (XRP).
Currently, XRP (XRP) is trading hands at $0.4674 with a market cap of $24.2B, a decrease of 0.10% in the last 24 hours. The XRP (XRP) trading volume has also drastically plummeted, falling by 54% in that same time and now sitting at $521,960,092.
Looking on the bright side, the XRP (XRP) technical analysis paints a bullish picture, with its technical indicators and moving averages showing buy signals. Experts have taken notice of these charts as they predict XRP (XRP) rising to $0.50 by the end of 2023. However, XRP (XRP) is still stuck in limbo, and if Ripple vs. the SEC does not end in Ripple’s favor, XRP (XRP) could sink below $0.30 once more.
TMS Network (TMSN)
The online trading industry can be very lucrative. However, it faces many issues— such as high trading fees, price manipulation, transaction delays, and high latency. TMS Network (TMSN), will be an upcoming platform built on the Ethereum blockchain that aims to eliminate these problems by bringing something new to the table.
On this decentralized platform, global users can trade all derivatives, including cryptocurrency, equities, Forex, and CFDs, with no accounts or FIAT payments needed. All that will be required is to link a crypto wallet to the TMS Network (TMSN) platform, and all asset classes will become available.
Due to no account creation or KYC requirements, TMS Network (TMSN) will provide a private trading environment, something that its rivals overlook. Social trading will also be a vital feature of TMS Network (TMSN), allowing traders to copy what different traders are doing and make profits off of their trades.
The TMS Network (TMSN) will use its native token, TMSN, to encourage user involvement and streamline transactions. Currently, the TMSN token is in Stage 4 of its presale and can be purchased for just $0.093. TMSN holders will benefit from trading fee discounts, governance voting rights, and a share from each trade made on the platform.
Analysts are bullish about TMSN as they believe TMS Network (TMSN) will provide a technologically superior platform to its peers, becoming a top-tier trading platform. They predict that TMSN could rise to $1.30 by December 2023, and after this extensive research, this price point is not so ludicrous.
The XRP (XRP) whale believes that TMS Network (TMSN) will have a higher growth ceiling, and we must agree. Sign up for its presale now, and purchase a potential blue-chip token before it surges.