Russia’s invasion of Ukraine led to sanctions, with many businesses ceasing to operate there, including Binance, which blocked all deposits from Russian users. However, those limitations have now been lifted, and BNB (BNB) is holding steady, alongside the likes of Tron (TRX), despite volatility in the market. Meanwhile, TMS Network (TMSN) is stealing the show with a 1700% price increase and super successful presale, now in its 3rd stage.
TMS Network (TMSN)
So, what exactly is TMS Network (TMSN)? If you’re not yet familiar with this platform, here’s a brief primer: TMS Network (TMSN) is a trading platform that lets you trade various assets and derivatives using nothing but cryptocurrencies, with no fiat money needed whatsoever. Sounds good? It gets better! TMS Network (TMSN) also has on-chain analytics, state-of-the-art security, no complicated sign-up procedure, and much more.
There’s a lot to love about this platform, so it’s not surprising that the TMS Network (TMSN) presale has gone well. The price of TMS Network (TMSN) has surged by a whopping 1700% in recent weeks alone, with TMS Network (TMSN) currently valued at $0.088 as it approaches the end of Stage 3 of the presale. How high can it go? Well, some experts are already looking beyond $1 and saying that TMS Network (TMSN) could surpass $2 by the end of the year.
BNB (BNB)
TMS Network (TMSN) races on and could rival the likes of Binance someday. Meanwhile, Binance’s own BNB (BNB) is undergoing some interesting changes. For the unfamiliar, BNB (BNB) is the official token for Binance, the world’s biggest crypto exchange. BNB (BNB) aims to make crypto more accessible for all, and the BNB (BNB) token serves various uses, like covering trading fees and providing exclusive early access to token sales.
With BNB (BNB) being back in Russia, trading may now increase on the platform, and this could affect the value of BNB (BNB), but it remains to be seen how the Russian market could affect the cost. Other recent developments, like the announcement of BNB (BNB) Greenfield, could also impact the BNB (BNB) price, which sits around $310 at the moment. Could BNB (BNB) rise soon? For sure, but it also could decrease, as it has proven volatile in the past, and the most likely outcome for now, is for BNB (BNB) to remain pretty stable.
Tron (TRX)
Next, let’s talk about Tron (TRX). Tron (TRX) is a decentralized OS built on blockchain technology and launched in 2017. Tron (TRX) tokens started on the Ethereum network but later moved across to their own unique network. Tron (TRX) was built to make digital content easier to share and create while giving creators more rights and ownership of their content.
On the face of it, Tron (TRX) is a great idea, but some experts have criticized Tron’s (TRX) developers for failing to live up to the platform’s potential. However, recent announcements, like a new collaboration with Particle Network, have been welcomed by Tron (TRX) investors. The price of Tron (TRX) has also risen well from early-year lows of $0.057 up to a current value of $0.070. Like BNB (BNB), Tron (TRX) is expected to hold steady and may slightly rise further in the months ahead, but investors shouldn’t expect any dramatic increases anytime soon.
Conclusion
For now, certain crypto projects, like BNB (BNB) and Tron (TRX), are holding steady, showing no great gains or losses. Meanwhile, others, like TMS Network (TMSN), are growing at an unprecedented rate. It’s up to investors to make the right moves, selling off slow-moving or stagnating coins from their portfolios and potentially moving into fast-growing, high-potential projects like TMSN before it’s too late.
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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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Source: https://thecryptobasic.com/2023/05/18/binance-back-in-russia-as-tms-network-tmsn-stuns-with-5-6-mio-presales-event-bnb-bnb-and-tron-trx-steady-in-volatile-markets/?utm_source=rss&utm_medium=rss&utm_campaign=binance-back-in-russia-as-tms-network-tmsn-stuns-with-5-6-mio-presales-event-bnb-bnb-and-tron-trx-steady-in-volatile-markets