Fantom (FTM) And Shiba Inu (SHIB) Whales Lose Confidence and Start to Accumulate TMS Network (TMSN) Presale

The post Fantom (FTM) And Shiba Inu (SHIB) Whales Lose Confidence and Start to Accumulate TMS Network (TMSN) Presale appeared first on Coinpedia Fintech News

Fantom (FTM) and Shiba Inu (SHIB) are two popular cryptocurrencies that have recently attracted much attention from investors and traders. Both coins have seen impressive gains in 2023, with Fantom (FTM) reaching an all-time high of $3.4 in January and Shiba Inu (SHIB) surging over 1000% since October. However, both coins have recently faced challenges and setbacks that have eroded their momentum and market share.

Major Fantom (FTM) and Shiba Inu (SHIB) investors are now flocking to TMS Network (TMSN) presale. As a low-cap gem with huge potential, TMS Network (TMSN) is the safest bet for these investors. TMS Network (TMSN) is a new DeFi star that aims to revolutionize trading.

Fantom (FTM) Faces a Major Blow in the Market

Fantom (FTM) suffered a significant blow when Andre Cronje, a prominent developer and advisor for Fantom (FTM) Foundation, announced his departure from the decentralized finance (DeFi) space. Cronje was behind several successful projects on Fantom (FTM)’s platform, such as Solidly, Keep3r, and Iron Bank.

His announcement triggered a sell-off of Fantom (FTM) and other tokens associated with his work, causing Fantom (FTM)’s total value locked (TVL) to drop from around $12 billion to $6.7 billion over the last few weeks. Fantom (FTM) also lost its spot as the most traded token among Ethereum whales to ENS Domain Name Service.

Shiba Inu (SHIB) Inu  

Shiba Inu (SHIB) also faced some headwinds as it struggled to maintain its hype and popularity among crypto enthusiasts. Despite being one of the top holdings of Ethereum whales, Shiba Inu (SHIB) failed to deliver any significant innovation or utility that would differentiate it from other meme-inspired cryptocurrencies.

Shiba Inu (SHIB) also faced competition from other dog-themed coins, such as Dogecoin (DOGE), Floki Inu (FLOKI), and Kishu Inu (KISHU), which offered similar features or better marketing strategies. Shiba Inu (SHIB)’s price has declined steadily since its peak in October 2022.

Whales Find Refuge in the TMS Network (TMSN)

As a result of these factors, some investors and traders have lost confidence in Fantom (FTM) and Shiba Inu (SHIB) and started looking for alternative opportunities in the crypto market. One such opportunity is TMS Network (TMSN). It is a new project that aims to revolutionize trading.

TMS Network (TMSN) improves on the shortcomings of centralized exchanges by addresses the most pressing issues in these platforms, including, price uniformity, high trading fees, price manipulation, wash trading, transaction delays, insufficient trading experiences, and a lack of trading education in traders.

TMS Network (TMSN) is an Ethereum-based decentralized trading platform which enables users to trade all derivatives through cryptocurrency payments and without having to open a trading account. TMS Network (TMSN) allows users to trade a wide range of derivatives, including, stocks, CFDs, cryptocurrencies, and forex.

The TMS network (TMSN) non-custodial portfolio management allows traders to retain complete control over their funds at all times when trading. To trade using the TMS Network (TMSN), all the trader needs to do is connect their wallet and trade seamlessly across all major exchanges while withdrawing back to the wallet.

TMS Network (TMSN) utilizes blockchain technology and smart contracts to offer traders a secure, transparent, and efficient trading experience with increased liquidity. A large pool of assets allows traders access to wider markets, enabling quicker trades and better prices for increased profits.

TMS network (TMSN) native token is $TMSN. Holders of the $TMSN token have voting rights, which means they have a direct say in the platform’s day-to-day running. $TMSN token holders also become part of the TMS network’s infrastructure. As token holders, traders earn a commission from trading volumes generated by other traders on the TMS platform. The commission increases as network usage grows. This revenue-earning model incentivizes higher network usage amongst traders. 

TMS Network (TMSN) is currently conducting its presale event where interested investors can buy TMS Network (TMSN) tokens at a discounted price before they are listed on exchanges. The presale will end on June 15, 2023, or when all tickets are sold out.

According to some sources, TMS Network (TMSN) has already attracted some big names in the crypto space who have invested large sums of money into its presale event. These include some former Fantom (FTM) and Shiba Inu (SHIB) whales who have decided to diversify their portfolios by adding TMS Network (TMSN) tokens. TMS Network (TMSN) is available to buy at $0.0413.

For more information on TMS Network (TMSN) please see the links below:

Presale: https://presale.tmsnetwork.io
Telegram: https://t.me/TMSNetworkIO
Twitter: https://twitter.com/@tmsnetwork_io