Due to the unfortunate events plaguing the cryptocurrency ecosystem in 2022, the industry has faced increased regulatory scrutiny and pressure in 2023. KuCoin and other prominent centralized exchanges are currently at the center of this issue.
This crackdown on the crypto community has left major cryptocurrencies in the dust, with Cardano (ADA) and Litecoin (LTC) looking critical. At the same time, TMS Network (TMSN) rode to glory with a 1700% profit.
Cardano has largely been a significant player in the crypto market in recent years. During the NFT boom, Cardano was ranked third in average daily NFT trading volume. Cardano’s DeFi ecosystem is experiencing steady growth, and it has recently embraced stablecoins which are integral to decentralized finance.
Although Cardano has great growth potential, it needs to generate more attention and buzz in the market because it is difficult to characterize Cardano (ADA) as undervalued or overpriced. To attain the $1 mark, Cardano must discover new growth catalysts.
Amidst the chaos of the crackdown on KuCoin, TMS Network is riding to glory with a 1700% increase while Cardano and Litecoin remain in a critical state.
Litecoin is a digital asset created from a fork in Bitcoin in 2011 by Charlie Lee, a former engineer at Alphabet. Litecoin contains some enhancements meant to improve the original design of Bitcoin. Also, Litecoin (LTC) is viewed as a sturdy peer-to-peer payment system and an important part of decentralized finance networks.
There has been turmoil in the global banking sector recently. This has spotlighted DeFi, which crypto advocates see as the future. Litecoin has an excellent opportunity because it is a central part of the DeFi development but does not reflect its market performance.
The KuCoin clampdown has affected Litecoin and Cardano, which has made them struggle to match TMS Network’s dominance.
TMS Network (TMSN)
The TMS Network is a state-of-the-art, all-encompassing trading platform requiring zero paperwork or account registration. This means that, on the TMS Network (TMSN), you just have to connect your crypto wallet, and boom, you can kick-start trading immediately.
Also, regardless of your crypto experience, you can trade assets like equities, crypto, FX, and CFDs on the TMS Network. Not to forget, the platform boasts amazing, strong security and a deep social trading infrastructure where users can learn from each other and copy the trades of the most successful members.
This shows that the TMS Network (TMSN), a revolutionary blockchain project built on the Ethereum Network, solves the crypto trading landscape’s complex challenges.
Due to these groundbreaking innovations, it is not hard to see why TMS Network is making waves. The TMSN token recorded a price increase of around 1700% and currently sits at $0.085.
It can be categorically stated that TMS Network (TMSN) has outperformed Cardano (ADA) and Litecoin (LTC) and will continue to record significant gains in the crypto industry.
If you’d like to get involved with TMS Network, you can invest in the TMS Network second presale. At its second presale phase, the TMSN token is now at $0.085. This is a perfect opportunity for proactive traders and investors to get in.