The world of cryptocurrency and decentralised finance (DeFi) is as crazy as ever with the latest developments. The Shiba Inu project has released its beta version of a Layer-2 protocol. Elon Musk has shared an adorable picture of his Shiba Inu dog as he takes on the role of Twitter CEO (apparently), and TMS Network (TMSN) is set to revolutionise the DeFi space. All this news makes for exciting times in the crypto community.
The market is once again getting exciting as people flock to buy their favourite cryptos and set their foundation for the upcoming bull market – which is likely to have already started. Currently, BTC is sitting at a point of no return. With a close above $25,300 today, we will see a higher high once again in the king of crypto’s price, which should pave the way for Alts to follow.
Introducing the Beta Version of Shiba Inu’s Layer-2 Project
Delivering seamless interoperability and streamlined applications. Shiba Inu, the underdog of the last bull market, is solidifying its name in the space with a new Layer-2 solution. This meme coin skyrocketed in popularity and value as people were irresistibly drawn to its potential returns, along with endorsements from key figures like Elon Musk and Vitalik Buterin.
Their new protocol will bring many incredible benefits to users, such as high scalability, low-cost transactions, and fast speeds. Layer two crypto works by helping people use digital money. It helps to make transactions faster, cheaper, and more secure. This way, people can store their digital money in a safe way. The Shiba Inu project has made a Layer two protocol that will help people do just this with their SHIB Token.
Elon Causing Havoc, Once Again
Social media users have gone wild over a snapshot of Elon Musk’s canine companion that he shared shortly after he apparently appointed the dog as Twitter’s newest CEO. Although this is almost certainly one of Elons well-known parody puns, it hasn’t stopped his followers from going crazy over the photo, which in turn has had a significant effect on the crypto community.
Since the tweets, Dog coins have pumped at a higher percentile than the overall market. Shiba Inu has seen a nearly 12% increase since the tweets just a few days ago. Meanwhile, Dogecoin -Shib’s infamous rival- has also seen a rise of around 9%. This news has caused a considerable stir in the crypto community and put even more focus on the Dog coins, which many say will once again steal the show during the next cycle.
TMS Network (TMSN): The New Age of DeFi is Here
TMS Network (TMSN) is igniting a revolution in the decentralised finance space, paving the way for innovation and progress like never before. The network will allow users to leverage their digital assets and access financial services that would otherwise be difficult, if not impossible, to acquire without a third party.
The team has already made headway with launching their new TMS Network (TMSN), which will allow users to transact and trade digital assets such as Cryptocurrency, Equities, FX and CFDs. Their native token, TMS Network (TMSN), can be used to earn commissions on your trading volume. The more you trade, the more you make.
You can find out more about TMS below:
Whitepaper: https://tms-net.netlify.app/whitepaper.pdf
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetwork
Twitter: https://twitter.com/tmsnetworkio
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Source: https://www.thecoinrepublic.com/2023/02/27/shiba-inu-releases-beta-version-of-its-highly-anticipated-layer-2-project-twitter-goes-nuts-over-elon-musks-picture-of-his-dog-as-new-twitter-ceo-tms-network-is-here-to-revolutionise-the/