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Business Spotlight

Investors Pulling The Rug Out From Under TRON (TRX) And Litecoin (LTC), Moving To TMS Network (TMSN) For Record Profits In Presale

The stage 1 presale of TMS Network (TMSN) saw the crypto raising $500,000 in funding at $0.025. The stage 3 presale saw the price of TMS Network (TMSN) double to reach $0.075. Investors poured almost $4 million into the TMS Network (TMSN) over the two presale events. As TMS Network (TMSN) becomes more popular, the price appreciation will further gain momentum. After its launch, TMS Network (TMSN) will grow by more than 5000%.

TMS Network (TMSN)
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Investors are spoilt for choice in the crypto market. This means that the existing cryptocurrencies like Litecoin (LTC) have to try harder to stay relevant, while the new public blockchains have to offer novel utilities and use cases to bridge an existing need gap. The unforgiving market makes it difficult for cryptocurrencies to come back from blunders, and TRON (TRX) is just finding it out the hard way.

TRON (TRX) Troubles Are Piling Up

The US Securities & Exchange Commission (SEC) has levied fraud charges on Justin Sun and three of his companies – BitTorrent Foundation Ltd., Tron Foundation, and Rainberry Inc. The charges are about the unregistered sale of securities to unsuspecting investors. Justin Sun has been accused of employing wash trading. Wash trading means he simultaneously bought and sold securities to create an illusion of high-volume trading. There was no real change of ownership involved. The other charges include promoting TRON (TRX) via paid celebrity endorsements without disclosing the amount of fees. Consequently, Binance.US has decided to delist TRON (TRX) from its exchange.

The serious charges against Justin Sun and the delisting of TRON (TRX) have raised concerns about the future of TRON (TRX). Investors are fleeing TRON (TRX) to find a more secure crypto asset to park their capital. Unsurprisingly, the price of TRON (TRX) has fallen, and there is no upside for the crypto for now.

Litecoin (LTC) is Losing Its Grip

Litecoin (LTC) was the first altcoin to come into existence. Despite its early entrance, Litecoin (LTC) has failed to replicate Bitcoin’s (BTC) success. However, it has carved out a stable position for itself in the crypto market. Litecoin (LTC) is also called the original altcoin. For the most part, Litecoin (LTC) stays steady through regular crypto fluctuations, which has earned it the reputation of a reliable store of value in a highly volatile crypto market. The simplicity of Litecoin (LTC) and its use case have been its strengths till now.

Litecoin (LTC) has been unable to retain investors due to growing competition. Since 2022, Litecoin (LTC) has traded in the red, and 2023 has been even worse for the coin. It dropped down to as low as $69.71 in February. While it did manage to climb eventually, Litecoin (LTC) still remains under the $100 mark. The bearish sentiment towards Litecoin (LTC) will keep it down for now.

Investors Turning to TMS Network (TMSN) To Realize Big Profits

TMS Network (TMSN) was announced at a time when the crypto market was feeling the side effects of high opacity among centralized exchanges. The fall of the FTX made the crypto market return to its roots of decentralization and transparency. So, TMS Network (TMSN) had fertile ground on which to build its foundation.

TMS Network (TMSN) was not just another DEX. It was a DEX that allowed traders to trade cryptocurrencies, CFDs, stocks, and forex. So, TMS Network (TMSN) is helping build a more transparent platform for crypto traders. At the same time, it enables traditional traders to carry out transactions at a higher speed and without any intermediaries.

The stage 1 presale of TMS Network (TMSN) saw the crypto raising $500,000 in funding at $0.025. The stage 3 presale saw the price of TMS Network (TMSN) double to reach $0.075. Investors poured almost $4 million into the TMS Network (TMSN) over the two presale events. As TMS Network (TMSN) becomes more popular, the price appreciation will further gain momentum. After its launch, TMS Network (TMSN) will grow by more than 5000%.