Regulators Prompt Whales to Pull Money From Binance-based (BNB) Stablecoin, Litecoin’s (LTC) Halving Event Is Still Causing Stir, Revenue-sharing Model Makes TMS Network (TMSN) Grow Exponentially
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Binance (BNB) and Litecoin (LTC) have always been in the news due to their long-standing nature. However, one new project that has surpassed them in terms of popularity, market acceptance, and growth rate is TMS Network (TMSN). The presale of TMS Network (TMSN) has begun, and the project has already raised $2 million in a private seed sale.
Binance (BNB) CEO Speaks Over Regulatory Affairs
Changpeng Zhao, the CEO of Binance (BNB), has expressed that US regulators’ stance against cryptocurrencies has hurt BUSD, Binance’s (BNB) stablecoin. Zhao said that around $2.5 billion had flowed out from Binance’s (BNB) stablecoin this week. Zhao stated that most of the money from BUSD has moved to Tether. However, he reiterated that BUSD is not issued by the Binance (BNB) network. Meanwhile, Binance (BNB) has been trading in the green zone for the past many weeks. The price of Binance (BNB) is up by 5.30% from its last month’s value. Currently, Binance (BNB) is being traded at $316.38, which is 54.23% below its all-time high of $690.93.
Litecoin (LTC) Records Increased Trade Activity
As the launch date for Litecoin’s (LTC) halving event is nearing, the community has intensified their investment in the project. Although the official date for Litecoin’s (LTC) halving event is yet to be announced, analysts are predicting it to be in August 2023. Hence, the Litecoin (LTC) Network has been witnessing increased trade activity. Meanwhile, Litecoin (LTC) has undertaken many new development activities, including Litecoin Card Program, to increase its footprint in the market. Meanwhile, the price of Litecoin (LTC) has increased by 15% in the last 30 days. Currently, Litecoin (LTC) is being traded at $99.83, which is 76% below its all-time high of $412.96.
TMS Network’s (TMSN) Growth Rate Multiplied Many Times
At present, existing crypto trading platforms are faced with many challenges, such as opaqueness, high transaction fees, low speed, limited assets, and excessive centralization. So, to resolve these problems, TMS Network (TMSN) has been built. TMS Network (TMSN), developed on blockchain technology, is the world’s first-of-its-kind platform that aims to facilitate the online trading of a range of digital assets. TMS Network (TMSN) offers error-free, and faster transactions of digital assets, which include CFDs, stocks, Forex, and cryptocurrencies, on a single platform. The availability of various tradable assets on the platform also helps TMS Network (TMSN) maintain high liquidity to assist traders in completing their transactions instantly.
TMS Network (TMSN) also ensures transparency and security in all activities on the platform. TMS Network (TMSN) manages all trading activities via its smart contracts, making the platform free from intermediaries and fraud. The omission of intermediaries also allows users to complete trades at a lower cost and get better returns on their investments. TMS Network (TMSN) boasts of spreading financial literacy through a variety of educational resources like trading signals and market analysis. Noticeably, TMS Network (TMSN) gives extreme importance to scalability. The platform can steer an increasing number of trading activities on the network without lowering its speed.
Crypto investors across the world are rallying behind TMS Network (TMSN) presale, as opposed to Litecoin (LTC) and Binance (BNB). The presale phase of TMS Network will grant TMSN, the native token of the platform, to investors. TMS tokens are currently available to the public at $0.0047, and are predicted to increase in the coming weeks. TMS holders will also be entitled to get an incentive from the commission revenue model of the project. It will be an additional income source for TMS Network (TMSN) users.
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