Cryptocurrencies have been making headlines lately due to their increasing popularity as investment assets. But with such a volatile market, it can be difficult to know which ones are worth investing in. In this article, we will explore the latest developments in the crypto world, and explain why TMS Network (TMSN) could be the one to bring huge gains for investors compared to Cardano (ADA) and Dogecoin (DOGE).
Cardano (ADA) declines by 5.71%
Cardano whales who held between $1 million and $100 million in ADA tokens have been dumping their holdings, perhaps as a result of profit-taking following the January rally. Recent data shows that Cardano’s billionaires have reacted to the recent rise in the price of ADA, the network’s native token, to near the $0.38 mark. Cardano (ADA) token’s value increased by 45.5% over the past 30 days. This has made Cardano (ADA) the ninth most valuable cryptocurrency by market cap. However, this rise has slowed significantly, and Cardano (ADA) has currently been witnessing a large decrease in value over the course of the last 24 hours. In the past day, Cardano’s (ADA) price fell by 5.71%. At its current price of $0.37, Cardano (ADA) is trading almost 90% below its all-time high of $3.10.
Dogecoin (DOGE) slumps majorly
On January 25, Elon Musk, CEO of both Twitter and Tesla, restated that he would eat a McDonald’s Happy Meal in front of the cameras if the fast food chain accepted his preferred cryptocurrency, Dogecoin (DOGE). Musk has now made two such offers supporting Dogecoin (DOGE) in the past year. But McDonald’s, the fast food giant, declined the offer to use Dogecoin (DOGE) a year ago. With a current market cap of nearly $11.4 billion, Dogecoin (DOGE) is one of the top ten largest cryptocurrencies. Unfortunately, as Dogecoin’s (DOGE) price has risen exponentially in the past few weeks, so has the selling pressure. Thus, today’s Dogecoin (DOGE) price analysis predicts a downward trend in the coming days. Bears have conquered control of the price charts, pushing Dogecoin (DOGE) down to the $0.089 level, a 3.86% decline in 24 hours. Chart analysis shows that the bulls have been unable to push Dogecoin’s (DOGE) price above $0.090 for several days now, despite the fact that the token was trading in the upper price channel.
TMS Network’s (TMS) Business Roadmap Will Make Investors Millionaires
TMS Network (TMSN) has been designed to revolutionize the crypto market. It is a comprehensive decentralized trading platform that offers an efficient way for traders to trade in several digital assets, including cryptocurrencies, CFDs, stocks, and Forex, using cryptos as payment. TMS Network (TMSN) aims to disrupt the conventional trading sector. TMS Network (TMSN) is the first-of-its-kind blockchain-powered decentralized trading platform. It allows for instant deposits of all digital assets on a single platform.
All trading activities on TMS Network (TMSN) are managed by smart contracts, and are recorded on a public ledger. Hence, there is no possibility of manipulation in transactions. Moreover, there are no intermediaries on the platform. This offers traders an opportunity to invest in a wide range of assets on TMS Network (TMSN) at lower costs. Scalability is also a key feature of TMS Network (TMSN). The platform can easily manage an increasing number of trade activities while maintaining its fast transaction speed.
TMS Network (TMSN) is not limited to cryptocurrencies and allows the trading of stocks, CFDs, cryptocurrency, and Forex, as well to increase liquidity on the platform. Market analysts are confident that TMS Network (TMSN) can break many records during its presale. Subsequently, whales are looking forward to investing in TMS Network (TMSN). The presale will make the native token of TMS Network (TMSN) available to the public at a price of $0.0047.
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