Conflux and Shiba Inu have been on the rise lately. Conflux is breaking out while Shiba Inu has finally managed to overcome the downtrend it had been experiencing. So, if you are invested in Conflux and Shiba Inu, you are certainly watching your portfolio grow. Meanwhile, if you’ve been looking for your next potential investment, you must have heard about TMS Network (TMSN). You are currently at the cusp of making history in your crypto journey. Here are a few things you should know before investing in TMS Network (TMSN) or other tokens.
Conflux’s (CFX) Investors Have Had a Good Run
Shanghai Tree-Graph Blockchain Research Institute, popularly known as Conflux, is the only blockchain in China that complies with the current Chinese legislation.
Conflux has seen a vertical rise in its price due to several factors. One of the factors is its recent partnership with China Telecom to introduce Web3-enabled mobile devices using blockchain-powered SIM cards. It is believed that Conflux will link traditional industry with Web3 technology. Conflux has also entered into a strategic partnership with Little Red Book, an NFT-social media platform.
According to experts, the primary reason behind Conflux’s rally is the legalization of crypto buying and selling in Hong Kong. It is believed that China will soon follow. As this news spread like wildfire, Conflux has soared. However, it remains unclear whether this news of China opening up its market to cryptos is mere rumor or based in reality. That has not prevented Conflux users from earning more than 1000% returns.
Shiba Inu (SHIB) Lacks Differentiation
Shiba Inu started as a joke on its rival Dogecoin. For a meme coin, Shiba Inu has undoubtedly done extremely well. Shiba Inu investors could take a sigh of relief this year as the token soared over 50% in the first two months of 2023. However, even at its peak in 2021, Shiba Inu was priced at $0.00008845. Shiba Inu could retrace its 2021 bull run, but only if it magically finds billions of dollars in investments and adds a utility-driven use case. Shiba Inu holders thinking of adding TMS Network (TMSN) to their crypto portfolio will be investing in a token with a unique and highly utilitarian use case.
TMS Network (TMSN) Stands on a More Solid Foundation
While Conflux will soon go under correction as buying pressure eases off, the TMS Network (TMSN) is about to explode. The decentralized trading platform, TMS Network (TMSN), has already held a successful stage 1 presale raising $500,000 in funds. It is now in its stage 2 presale, which has already crossed the $2,500,000 mark. With the momentum not slowing down, TMS Network (TMSN) is expected to create returns of over 1000% for their investors.
Also, TMS Network (TMSN), a decentralized trading platform allows users to trade in multiple asset classes, including cryptocurrencies, CFDs, stocks, and Forex. Unlike Shiba Inu, the TMS Network (TMSN) is getting a better response and is adding new users to its community. While Shiba Inu only targets the crypto investor, the TMS Network (TMSN) offers utility for both the crypto traders and traditional traders, so it has a larger target audience and a huge potential community in the making.
Was this writing helpful?
Press release about recent ICOs, announcement from startups, new cryptocurrency launch by firms and unlike.