There is a need to analyze the market performances of cryptocurrencies, as it helps predict the future movement of those tokens. Therefore, investors have queued up before TMS Network’s (TMSN) presale. TMS Network (TMSN) has shown massive growth potential during its presale, and raised $2 million in a private seed sale. Meanwhile, Litecoin (LTC) and Dogecoin (DOGE) have also been gaining ground.
Litecoin’s (LTC) Value Increases Due To Optimism Around it
Litecoin (LTC) can be cited as an apt example to show how upgrades can bring value to the project. Litecoin (LTC) has undertaken several developmental measures, which have increased its price. Recently, Litecoin (LTC) launched its Litecoin Card Program across Europe to increase its adoption. Litecoin (LTC) has already created a buzz with its upcoming halving events. Consequently, Litecoin (LTC) has been able to attract many users to its network and has risen by 21% in the last month. On the weekly chart, the price of Litecoin (LTC) has increased by 6%. Currently, Litecoin (LTC) trades at $99.39, which is 76% below its all-time high of $412.96.
Dogecoin (DOGE) Relies Heavily On Elon Musk
Meme coins are highly susceptible to the slightest of hype and market sentiments. Dogecoin (DOGE) is the perfect example of this. The market value of Dogecoin (DOGE) has become extremely responsive to Elon Musk’s words. It is no secret that Musk has been an ardent proponent of Dogecoin (DOGE). But he has become quite vocal for Dogecoin (DOGE) in the past few days. Recently, he posted a photo of his pet dog and called him the new Twitter CEO. The Dogecoin (DOGE) community linked Musk’s tweets to the meme coin, and its price surged exponentially. As a result, Dogecoin (DOGE) is trading at 6.20% on the weekly and 11% on the monthly chart. The current price of Dogecoin (DOGE) is $0.0889.
Market Analysts Call TMS Network (TMSN) A New Crypto King
TMS Network (TMSN) has been built on blockchain technology to facilitate the trading of digital assets. TMS Network (TMSN) has been launched to solve the problems that current trading platforms face, such as centralization, high fees, low return on investment, slow transaction times, and less transparency. It has entered the crypto arena with a first-of-its-kind blockchain-based protocol that accelerates the trading of several digital assets on a single platform. Notably, TMS Network (TMSN) covers a large canvas of tradable digital assets, and individuals can execute the trade of cryptocurrencies, stocks, CFDs, and Forex. This vast pool of digital assets helps the network maintain high liquidity to aid traders in withdrawing or depositing through cryptocurrencies instantly.
TMS Network (TMSN) is also an easy-to-navigate platform. All trading activities on TMS Network (TMSN) are supervised by smart contracts to ensure they are accurate. TMS Network (TMSN) does not entertain any intermediaries. Hence, it can help its users execute their trades at lower fees. TMS Network (TMSN) also boasts incredible scalability and can easily manage an increasing number of users and trading activities without hampering its transaction speed. The platform also provides many educational resources, including market analysis and trading signals. However, the most vital characteristic of TMS Network (TMSN) is its commission-sharing model, under which the platform will distribute its revenue earned through transaction fees among its token holders.
The presale of TMS Network (TMSN) is destined to lead the market. Thus, investors are putting their money into TMS Network during its presale, which has already begun. The price of TMSN tokens, the native cryptocurrency of the platform, has soared from $0.003 to $0.0047.
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