We have all heard the expression “calm after the storm,” but when looking at the crypto world now, it would appear to be more of a case of “storm after the calm.” Calm is not really the right word to describe 2022 when crypto was crashing and burning all around and government scrutiny of crypto platforms became a bigger issue.
In 2023, the crypto market seems to be storming back. That means a combination of weird and wonderful things, with the weird best illustrated by the shenanigans at Aave and the wonderful illustrated by Bitcoin’s (BTC) strength and TMS Network’s (TMSN) presale.
Aave could be about to dump BUSD
Aave is a popular, decentralized lending protocol run on the governance model. BUSD is a stablecoin issued by Paxos which appears to be under scrutiny by the US Securities and Exchange Commission. It seems that Aave members have “taken frit” by the developments because one of the members has tabled a motion to suspend BUSD from the platform. Presumably, the motion will need to be put to a vote, but Paxos has announced that they will stop minting BUSD before the end of February 2023. That could make any Aave vote redundant. Pending the outcome of any potential investigation, BUSD looks very shaky indeed.
Bitcoin (BTC) makes news with gains, despite US crackdown
On the other hand, Bitcoin (BTC) has been dominating the news because Bitcoin (BTC) is not only holding its value but also making gains. Despite the fact that governments around the world are tightening regulations on cryptocurrencies, Bitcoin (BTC) continues to add to its value, currently over $24K, leading to bullish sentiment in the cryptocurrency market.
Bitcoin (BTC) is the most well-known cryptocurrency around the world, and the cryptocurrency market, as a whole, tends to follow Bitcoin’s (BTC) lead. Because Bitcoin (BTC) has maintained a mostly positive reputation in the past, crypto enthusiasts tend to move to Bitcoin (BTC) when other altcoins aren’t performing well or if the market is in turmoil, like in 2022.
TMS Network (TMSN) looks set to sweep away the dead wood
TMS Network (TMSN) is about to really shake things up, and not just in the crypto world. It’s an Ethereum-based comprehensive trading platform that solves so many issues and includes so many exciting features that it is actually a struggle to decide which to list first.
The TMS Network (TMSN) platform is designed to be intuitive and easy to use, which allows users to trade not just cryptocurrency but a wide range of assets, including equities (shares), FX (fiat currencies), and CFDs. TMS Network (TMSN) also includes trader education in its box of tricks. Don’t know how to trade? Never traded before? Intimidated by the whole subject of trading? Well, TMS Network (TMSN) thought about those problems and came up with an answer which consists of a whole range of resources and tools, including guides, webinars, and training videos. Nor is the TMS Network (TMSN) education section meant only for newbies or the uninitiated. Even experienced traders can learn new tricks and tips and upscale their skills from the range of materials that TMS Network (TMSN) has to offer.
As of the time of writing, TMS Network (TMSN) is in phase 1 of its presale phase, and the price of the TMS Network native token, TMNS, is $0.0047. This price, for sure, will rise and substantially so, offering excellent returns for early investors.
Conclusion
TMS Network (TMSN) is bringing something truly disruptive – a new trading platform that focuses on financial and economic literacy as its core. TMS Network (TMSN) has been very well thought-out, and it appears that the developers have learned not just from past mistakes but from the deficiencies of the sector as it exists today. It’s clearly a platform that is in it for the long run and aiming for the top spot – perhaps even to rival Bitcoin (BTC). They have every chance of reaching it.
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetwork
Twitter: https://twitter.com/tmsnetworkio
