The Securities and Exchange Commission (SEC) continues to crack down on crypto, with Tron (TRX) the latest project to be targeted as the agency’s long-term showdown with XRP (XRP) rages on. Investors may start to lose confidence in both Tron (TRX) and XRP (XRP), which has led to a significant level of early-stage investment for TMS Network (TMSN) during both of its presales.
Tron (TRX) is a decentralized blockchain-based platform that aims to create a worldwide free content entertainment system. It is a significant player in the growing blockchain industry and aims to offer cheaper and faster transactions. TRX is the native cryptocurrency of the TRON platform and can be used to incentivize content creators on the network.
Tron (TRX) focuses on enabling developers to build decentralized applications using the native cryptocurrency as a utility token. Unlike other blockchain platforms, Tron (TRX) allows users to access a multitude of entertainment content without intermediaries
The founder of Tron (TRX) was recently summoned by US Courts after he was charged by the Securities and Exchange Commission (SEC). The SEC claims that Sun has promoted investments in unregistered securities and purposely pumped the price of assets under his ownership, including Tron’s native token, TRX.
XRP (XRP) is a digital asset that bridges different currencies and payment systems. Created by Ripple Labs in 2012, XRP (XRP) aims to provide fast, secure, and low-cost cross-border payments. Unlike other cryptocurrencies, XRP (XRP) is not mined; instead, the entire maximum supply of XRP (XRP) was created at the time of its launch.
Since XRP (XRP) is not mined like other prominent cryptocurrencies, Ripple has come under scrutiny by the SEC because XRP (XRP) classifies as a security. The pre-mining feature ensures that the supply of XRP (XRP) remains stable and deflationary over time; however, it could be the basis for a negative ruling in the ongoing Ripple court case.
XRP (XRP) has gained significant traction since it first launched as it minimizes costs in processing international transactions. Major companies and financial institutions have partnered with RippleNet to facilitate their cross-border transactions. This gives XRP (XRP) the potential to become a game-changer in digital payments.
TMS Network (TMSN)
TMS Network (TMSN) offers a vast selection of digital and traditional assets, Forex and crypto, in a brand-new decentralized exchange (DEX). The TMS Network (TMSN) exchange is built on the Ethereum blockchain and grants users access to a comprehensive trading toolkit directly on the platform.
A major feature of TMS Network (TMSN) is AI-powered strategy building, which can help give traders an edge while navigating the crypto markets. As well as this, traders can participate in social trading activities such as copy trading, where anyone can copy master traders’ strategies to make a consistent profit on TMS Network (TMSN).
TMS Network has released its native token, TMSN, during a presale event. The presale has attracted over $4 million worth of investment during its early stages and completely sold out of its opening fundraising round. The presale is widely regarded as one of the most exciting token releases of 2023 as TMS Network (TMSN) continues to gain momentum ahead of its IDO.
Which token is the best buy?
Tron (TRX), XRP (XRP) and TMS Network (TMSN) seem like strong buys for the future. Both Tron (TRX) and XRP (XRP) are well-established projects in the world of Web3, while TMS Network (TMSN) has vast upside potential as a brand-new cryptocurrency in the space.
The TMS Network (TMSN) token is available at $0.085 during the second presale. Analysts have highlighted the current price level as having major room for growth thanks to the project’s unique on-chain solution for traders.