Bitcoin (BTC), TMS Network (TMSN), and Polygon (MATIC) have been all over the news recently. Yet, BTC and MATIC have been displaying mixed sentiments. At the same time, with over $6.2 million raised in the fourth stage of its presale, there is only one direction the TMS Network (TMSN) is going: upwards! This is not only for June 2023 but beyond. Let’s explore this further!
TMS Network (TMSN): The Next-Gen Derivatives Trading Terminal
TMS Network (TMSN) is a decentralized platform for users to trade derivatives like crypto, stocks, and forex but with many perks. You don’t need to verify personal information or have an account with the TMS Network (TMSN) to start.
As a decentralized service with no intermediaries, users can execute orders without giving up their assets. This highlights that the TMS Network (TMSN) is about control and autonomy. However, its cutting-edge technology will offer many other benefits.
For instance, the TMS Network (TMSN) aims to be transparent by using real-time data analytics and smart contracts. These features will ensure a fair, manipulation-free market and show the platform’s operations.
Maintaining security is another crucial component of the TMS Network (TMSN). Thanks to encryption, multi-sig wallets, and frequent audits, it will ensure the safety of assets and transactions.
Overall, the TMS Network (TMSN) is here to set a new standard in trading. The best part for investors is the TMSN token, where they will earn a small chunk of the platform’s trading commission.
For all these reasons, TMSN’s price has soared from $0.003 to $0.104 during the presale. Moreover, this is only the start of the trend since analysts forecast an additional gain of at least 100x!
Bitcoin (BTC): Increasing Adoption Despite Recent Lawsuit
Bitcoin (BTC) remains a highly influential project that dictates the direction of many other digital currencies, including Polygon (MATIC). Since mid-November 2022, Bitcoin’s (BTC) price has trended bullishly, reaching a high of $31,170 five months later.
According to Glassnode, over 4.36 million unique addresses came onto the Bitcoin (BTC) network, which suggests adoption has stayed strong. However, it’s not without detraction.
The Securities and Exchange Commission (SEC) recently charged two of the largest crypto exchanges, Binance and Coinbase, for various offenses. This type of news is always negative for Bitcoin (BTC) as it casts doubt on its longevity. It may also prolong the ongoing crypto bear market.
Currently, Bitcoin (BTC) stands at $26,504. But, many believe Bitcoin (BTC) can shrug off the lawsuits. The Winklevoss twins, massive crypto proponents, have boldly claimed a $500,000 target for Bitcoin (BTC) by 2030. For this year, most prediction resources pin a maximum of $40,000, which is again promising.
Polygon (MATIC): Whale Moves Millions of Tokens, Further Adding to Bearish Price
As mentioned earlier, the price of Bitcoin (BTC) often moves other coins; it is no exception with Polygon (MATIC). The news of the SEC lawsuit has negatively affected projects like Polygon (MATIC), producing a 12% decline for the altcoin in two days.
Polygon’s (MATIC) current price is $0.77, about 50% lower than the high of $1.57 it reached a few months prior. Besides the legal troubles, Polygon (MATIC) could experience further losses based on data from the intelligence tracker Sentiment. Data showed that a whale moved $95 million of Polygon (MATIC) tokens, which may lead to selling pressure.
But it’s not all doom and gloom for Polygon (MATIC). On the bright side, Polygon (MATIC) has added Deutsche Telekom as a validator. It also partnered with Taurus, a prominent digital asset platform for banks, opening space for the bulls to take over.
Explore the TMS Network presale here:
Presale: https://presale.tmsnetwork.io/
Website: https://tmsnetwork.io/
Telegram: https://t.me/tmsnetworkio
Twitter: https://twitter.com/tmsnetwork_io
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