After the destruction of 2022, the crypto market has been able to see growth in some new projects. But the downfall of long-standing cryptos like Binance (BNB) and KuCoin (KCS) is still haunting it. Meanwhile, huge market acceptance for TMS Network (TMSN) presale has re-energized the entire crypto industry. The presale of TMS Network (TMSN) has risen by 1300% in the first month of its launch.
Binance (BNB) Down On Price Chart After Network Outage
Binance (BNB) has been sailing in troubled waters for the last few days. US regulators have been accusing Binance (BNB) of mishandling users’ funds. But Binance (BNB) suffered an internal issue recently, which dented it on social metrics. Binance (BNB) suffered a network outage due to a technical glitch on March 24. This forced Binance (BNB) to stop withdrawals and spot trading for about two hours. Although Binance (BNB) resumed these activities, the crypto community was triggered by the network’s instability. The price of Binance (BNB) has plummeted by 5% in the past week. Currently, Binance (BNB) is trading at $326.77, which is 53% below its all-time high of $690.93.
KuCoin (KCS) Faces Lawsuit In New York
The trying times for KuCoin (KCS) seem far from over. Recently, the New York Attorney General (NYAG) filed a case against KuCoin (KCS) for allegedly violating the state securities laws. KuCoin (KCS) has been under government scrutiny since the collapse of the FTX Exchange. Subsequently, the price of KuCoin (KCS) has fallen by more than 7% in the last seven days. Currently, KuCoin (KCS) is trading at $8.84, which is about 69% below its all-time high of $28.80. KuCoin (KCS) is a decentralized platform where people can sell or buy cryptocurrencies. Although launched in 2017, KuCoin (KCS) is still out of the list of the top 50 cryptocurrencies by market capitalization.
TMS Network (TMSN) Encashes Its First-Mover Advantage
TMS Network (TMSN) can sustain high liquidity on the platform by enabling the trade of various derivatives. This, in turn, allows users to execute their trades without any delay. TMS Network (TMSN) is armed with better scalability than other blockchain platforms. To benefit inexperienced traders, the platform has rolled out a TMS Trader Education program, where they can learn and discuss strategies with professionals and industry leaders. TMS Network (TMSN) also offers a passive income to its users. All token holders on TMS Network (TMSN) will receive a portion of the revenue generated through the fee charged on transactions.
TMS Network (TMSN) has the lowest gas fees, and the best throughput in the industry. The platform operates on smart contracts and eliminates the possibility of intermediaries on its cross-chain network. This allows TMS Network (TMSN) users to execute trades without any third-party interference. The platform has low latency and offers on-chain analytics for advanced price analysis. TMS Network (TMSN) is also equipped with several technological advancements, such as artificial intelligence, trading bots, robust back tester, and advanced strategy builder.
The second stage of TMS Network’s presale is about to be sold out soon. The current market value of a TMSN token is $0.0413, after soaring 1300% from its introductory price of $0.003. The developers have announced that they will launch TMS Network (TMSN) on the Uniswap exchange in June 2023. Besides, the mainnet of TMS Network (TMSN) will also be launched in the third quarter of 2023.
To find out more please check the links below:
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/TMSNetworkIO
Twitter: https://twitter.com/tmsnetwork_io
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Source: https://www.thecoinrepublic.com/2023/03/28/experts-take-leaked-tms-network-tmsn-is-termed-more-profitable-than-binance-and-kucoin/