The cryptocurrency market has been witnessing significant fluctuations, with Litecoin (LTC) and Ripple (XRP) experiencing price drops. However, amidst this volatility, TMS Network has managed to rise up with exceptional seed sale gains, attracting attention from investors and crypto enthusiasts.
Litecoin (LTC) experiences liquidity outflows; the price reaches around $87
Litecoin (LTC) is a digital currency created to offer fast, secure, and inexpensive payments using blockchain technology. The project was anticipated to perform well in the market, which became true for a while. Over the years, Litecoin (LTC) expanded its use cases to multiple businesses. It led to the increased reach of Litecoin (LTC) in the crypto industry, but still, it couldn’t pursue needed developments.
Previous Litecoin (LTC) users agree that its ecosystem hasn’t made any tremendous growth. It is one of the factors that has caused Litecoin’s (LTC) value to decline. The platform’s recent liquidity outflows have also tensed the Litecoin (LTC) community members. It has pressured them to sell their Litecoin (LTC) holdings as the market is expected to remain bearish for a long time.
Currently, Litecoin (LTC) is selling at $87.03.
Ripple (XRP) had stored a significant amount of cash balance in Silicon Valley Bank (SVB), which was its banking partner. The bank recently crashed, which has concerned Ripple (XRP) investors. However, Ripple (XRP) has announced that the incident won’t affect the network’s daily operations. The platform’s CEO said that Ripple (XRP) holds the majority of its funds across multiple bank partners. Thus, investors shouldn’t worry about SVB’s downfall.
His statement has gotten mixed reactions from Ripple (XRP) users. Some appreciated it and praised Ripple (XRP) for being strong despite difficulties. However, others were worried about the large sum of money Ripple (XRP) had engaged with SVB. The incident has made it difficult for the Ripple (XRP) token price to rise above $0.3822.
TMS Network (TMSN) expands its reach with rapid token sales making its price to rise up to $0.038
TMS Network (TMSN) has finished the first presale phase, and has covered half of the 2nd phase. The quick token sales have enabled TMS Network (TMSN) to raise a huge amount of $2 million through its private seed sales. The fact that TMS Network (TMSN) aims to transform the trading industry by creating a decentralized platform makes it outshine other projects. TMS Network (TMSN) will let global traders use cryptocurrencies for trading various derivatives, such as stocks, forex, futures, and more.
Users can start trading by linking their cryptocurrency wallet to TMS Network (TMSN) platform. The platform offers tools such as the Copy Trader Feature and MT4 and MT5 to help TMS Network (TMSN) investors trade effectively. Additionally, users can earn commissions based on the trading activity of other users across TMS Network (TMSN). The current token price is $0.038. Some analysts have been actively tracking the project’s growth and developments. They predict that TMS Network (TMSN) token price might reach $2 by December 2023. Thus, investors must not miss this promising investment.