Business news

TMS Network (TMSN) Emerges Unscathed Amid Binance’s $1B Lawsuit, Leaving Rivals Chainlink (LINK) & Conflux (CFX) to Lament on the Future

TMS Network (TMSN) Emerges Unscathed Amid Binance's $1B Lawsuit, Leaving Rivals Chainlink (LINK) & Conflux (CFX) to Lament on the Future

Many cryptocurrencies are struggling to navigate their next move, especially considering the lawsuit that has emerged with Binance. Any time an exchange gets attacked like this, crypto projects tend to suffer.

As traders worry about what the future holds for Chainlink (LINK) and Conflux (CFX), TMS Network (TMSN) continues to soar through phase two of its presale.

TMS Network (TMSN)

There’s plenty to highlight about the TMS Network (TMSN) project. For starters, it sells itself as a new kind of trading platform that sets itself apart from many other exchanges. People can invest in much more than just cryptocurrency, as you can also trade on Forex, CFD, and global equity markets on TMS Network (TMSN).

By utilizing TMS Network (TMSN), you gain access to on-chain analytics, portfolio management tools, trading bots, and much more. Aside from these features, TMS Network (TMSN) was built to minimize issues such as price manipulation, wash trading, and transaction delays.

Traders unlock a whole new set of features and benefits by holding the TMS Network (TMSN) token. With the help of advanced trading tools, commission revenue sharing, and voting rights, there’s a lot of incentive to hold $TMSN. Industry experts have their eyes set on TMS Network (TMSN), and many of them feel it could reach upwards of $2 on the high end after its presale.

TMS Network (TMSN) Emerges Unscathed Amid Binance's $1B Lawsuit, Leaving Rivals Chainlink (LINK) & Conflux (CFX) to Lament on the Future

Chainlink (LINK)

An abstraction layer that aims to enable universally connected smart contracts, Chainlink (LINK) offers unique technology, tools, and services. The Chainlink (LINK) network is powered by an open-source community of smart contract developers, researchers, node operators, and many others.

Chainlink (LINK) is able to provide critical off-chain information that complex smart contracts need by allowing blockchains to interact with external data feeds securely. This is also true for payment methods and other events, and Chainlink (LINK) caters to decentralized participation for node operators and other contributors.

The viability for Chainlink’s (LINK) ecosystem and technology is definitely there, but traders are questioning the long-term investment opportunity. Right now, Chainlink (LINK) is available at $7.34, and it has remained pretty stagnant for almost a year now. There’s a chance Chainlink (LINK) could rise during a bull market, but crypto is facing bearish trends as we speak.

Conflux (CFX)

Created to power e-commerce, dApps, and infrastructure around Web3, Conflux (CFX) is a public layer one blockchain. Conflux (CFX) offers more scalability, security, and decentralization than other protocols.

The Conflux (CFX) ecosystem also provides lower transaction fees and a quick and effective way to transfer assets. It has a combination of proof-of-work and proof-of-stake algorithms to accomplish consensus, and Conflux (CFX) is based on the Tree-Graph consensus mechanism.

Interestingly, the Conflux (CFX) token has seen a price increase since mid-February that has boded well for long-term holders. Amidst a bearish market, Conflux (CFX) has found a way to break through, at least for now. With the developments of the Binance lawsuit, this trajectory could quickly change. At the time of writing, Conflux (CFX) is available at $0.43, and this is from a staggering low of $0.05 back in February.

TMS Network (TMSN) Emerges Unscathed Amid Binance's $1B Lawsuit, Leaving Rivals Chainlink (LINK) & Conflux (CFX) to Lament on the Future

In Conclusion

Although many crypto projects are doing their best to stay afloat with the current state of the market, TMS Network (TMSN) is having no issue finding success. The vast number of benefits for traders are hard to ignore, and many are losing interest in Chainlink (LINK) and Conflux (CFX). When you take into account that TMS Network (TMSN) has already risen by 2240%, you can expect this number to rise continuously from here on out.






To Top

Pin It on Pinterest

Share This