SEC regulatory battles are dominating the crypto world right now, with major platforms and crypto businesses targeted with new legislation. However, while the likes of Neo (NEO) and Conflux (CFX) struggle to adapt to the changing crypto ecosystem, TMS Network (TMSN) is surging on, undeterred, with a stunningly successful presale event that has seen global investment and more than $4 million raised.
TMS Network (TMSN)
TMS Network (TMSN) is set to change the crypto trading world for the better in a range of exciting and innovative ways, and plenty of people want to be part of the journey. For the uninitiated, TMS Network (TMSN) is a social trading terminal where users can make trades for stocks, forex, and other asset classes using crypto payments. Users can learn from each other, copy the best traders, and enjoy other features, like on-chain analytics and an AI-powered strategy builder.
With all of those great features, it’s no surprise that TMS Network (TMSN) is being talked about as one of the most exciting crypto projects around right now, and the TMS Network (TMSN) has proven to be highly successful. In fact, the value of TMS Network (TMSN) tokens has surged by 1700%, and the total amount raised during the TMS Network (TMSN) so far is in excess of $4 million.
While TMS Network (TMSN) rushes on at record speed, projects like Neo (NEO) can’t quite boast the same rate of growth. Neo (NEO) is a blockchain ecosystem that was one of China’s first crypto projects, launching back in 2014. The objective of Neo (NEO) was to usher in a new age for the internet, creating a digital economy with seamless payments and identity management.
Neo (NEO) is often called ‘China’s Ethereum’ and there’s been a lot of backing for Neo (NEO) over the years. In terms of price, Neo (NEO) has had a good time in 2023, for the most part, rising from an early-year low of $6.13 up to its current value of $12.17. In other words, Neo (NEO) has nearly doubled in value since the year began, offering great returns to investors, and should continue its steady ascent as the year progresses.
Next, let’s talk about Conflux (CFX), another project which, like Neo (NEO) and TMS Network (TMSN) has seen good growth in 2023. Conflux (CFX) is a layer-1 blockchain designed to power decentralized app development, as well as eCommerce and Web3 infrastructure. Conflux (CFX) has lofty aims and great technology to back up its aspirations, winning plaudits and praise for its innovative ‘Tree Graph’ protocol.
But how has Conflux (CFX) been doing in terms of value? Well after a huge lull in 2022, 2023 has seen Conflux (CFX) rise in price quite significantly. The value of Conflux (CFX) shot up in February and continued its ascent into March, reaching a yearly-high of $0.457. Currently, Conflux (CFX) is back down at $0.32, showing how volatile it can be, but there’s clearly hype around this platform, and Conflux (CFX) could see another surge soon.
Regulatory battles regarding crypto legislation are clearly having an impact on major players throughout the crypto space, with many investors focusing their attention on smaller projects that are less likely to suffer, like Conflux (CFX) and Neo (NEO). These two projects are doing well, but TMS Network (TMSN) overshadows them both as one of the top investments of the year.