Last year was a brutal time for the entire crypto industry. The biggest altcoins lost over 90% of their respective market caps in a matter of months. Over $2 trillion was wiped off from the industry. From this crucible of chaos and pain emerged TMS Network (TMSN), a revolutionary DEX that’s redefining trading for both crypto and fiat traders. Such has been TMS Network’s (TMSN) utter domination of the news and social media that investors are actively dumping their holdings in XRP (XRP) and Litecoin (LTC) to divert their funds to TMS Network (TMSN).
TMS Network (TMSN)
TMS Network (TMSN) was announced in early 2023 and became an instant hit among crypto forums everywhere. Since then, TMS Network (TMSN) has dominated social media and media outlets by delivering record profits to early investors. Even now, TMS Network (TMSN) is hosting the stage 4 presale, where it’s selling at $0.12, a bargain compared to its predicted price in the upcoming weeks. Analysts estimate a 6,000% bull run for TMS Network (TMSN) in the latter half of this year.
The impressive performance of TMS Network (TMSN) in the ongoing ICO has left whale investors thoroughly stupefied. Having already raised $6 million in four rounds of presale, TMS Network (TMSN) is leaping towards its target of $12 million. With presale events closing fast, and TMS Network (TMSN) scheduled to launch in the coming weeks, buying activity for TMS Network (TMSN) is heating up. Retail investors are pulling their funds out of other tokens and purchasing TMS Network (TMSN) tokens instead.
XRP (XRP) has been on a winning streak for the better part of this year against the U.S. SEC. XRP (XRP) has not only been able to counter SEC’s lawsuit with strong arguments but is actually winning the lawsuit, if you can believe the industry observers. Add to that the recent public release of Hinman documents, which recorded the admission of a high-level SEC employee that XRP (XRP) tokens are not securities, and you see the case firmly leaning in XRP’s (XRP) favor. Despite these positive developments, XRP (XRP) has failed to gather enough steam to push its price up.
The market is firmly in the grip of TMS Network (TMSN), which has been gaining in triple-digit rates for the past few weeks. Investors are naturally inclined to ride TMS Network’s (TMSN) steep rally instead of waiting for XRP (XRP) to finally break out. So, cash outflows from XRP (XRP) have increased over the past few days. Since it’s unclear when the Ripple vs. SEC lawsuit will conclude soon, XRP (XRP) will continue to lose cash from its platform.
Litecoin (LTC) is in the midst of a trend reversal. Although Litecoin’s (LTC) trend reversals are nothing more than traps that eventually fall back to pre-reversal trends, things could be different this time. For one, Litecoin (LTC) is heading towards a halving event, which will slash the miner rewards by half. Additionally, Litecoin (LTC) was recently listed on EDX Markets, a Wall Street-backed exchange. The combined effect of the two developments has set fire to the fuel under Litecoin (LTC) and sent it soaring. Indeed, Litecoin (LTC) has been on a rally for the better part of the past week.
However, Litecoin’s (LTC) celebrations are not being tempered by TMS Network (TMSN). Although Litecoin (LTC) is trending upwards, its progress is painfully slow by design. Litecoin (LTC) was designed to be a low-volatile crypto. So, Litecoin (LTC) does not move fast in any direction. Therefore, even before Litecoin (LTC) could seal its win in the industry, investors are cashing out their holdings to reinvest in TMS Network (TMSN).
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