Institutional Interest in Crypto ETFs Props Up TMS Network (TMSN) 2240% Growth, Dwarfing Competitors Binance (BNB) and Dogecoin (DOGE)
The growing institutional interest in cryptocurrency ETFs has been propelling the growth of TMS Network (TMSN), with an impressive 2240% surge. This outperforms other popular cryptocurrencies such as Binance (BNB) and Dogecoin (DOGE), which have nevertheless seen significant growth in the market.
This article will explore the latest developments in Binance (BNB) and Dogecoin (DOGE) and why TMS Network (TMSN) stands out as a promising digital asset as institutions continue to invest in the cryptocurrency market through ETFs.
Binance (BNB)
Binance (BNB) is a cryptocurrency created by the Binance exchange. Binance (BNB) is used as a utility token on the Binance platform, allowing users to access discounts on trading fees, participate in token sales, and use other features.
Binance (BNB) is built on the Ethereum blockchain and has a total supply of 170 million coins, with a portion of the supply being burned regularly to reduce supply and increase the value of remaining coins.
An analysis of the price of Binance Coin (BNB) indicates a bullish trend in the market, as buying pressure remains strong. Should the recently restarted bullish trend persist in the coming days, there is a high likelihood that the price of Binance (BNB) will surpass the $320 resistance level. The price is expected to remain above the major support level of $311.55 for a considerable period, with the bulls maintaining the price level.
Dogecoin (DOGE)
Dogecoin (DOGE) is a decentralized, peer-to-peer cryptocurrency created in 2013 by Billy Markus and Jackson Palmer. Dogecoin (DOGE) is based on the popular internet meme of the Shiba Inu dog and has gained a cult following among the cryptocurrency community.
Dogecoin (DOGE) has a total supply of 129 billion coins and uses a proof-of-work consensus mechanism. Although initially created as a joke, Dogecoin (DOGE) has since gained mainstream attention, with numerous celebrities and influencers endorsing it.
According to the price analysis, Dogecoin (DOGE) is experiencing a robust uptrend, with significant buying pressure indicating a possible break above the $0.08383 resistance level and a continuation of the upward trajectory.
The critical support levels for the cryptocurrency are at $0.08176 and $0.08178, while the primary resistance levels are at $0.08383 and $0.08385. However, there is a chance of a minor pullback if traders seeking profits enter the market.
TMS Network (TMSN)
The latest uptrend in cryptocurrency values has surpassed anticipations for TMS Network (TMSN), a distributed trading platform built on blockchain technology. TMS Network (TMSN) has been drawing interest due to its groundbreaking trading offerings and practical applications.
For traders seeking greater profitability and more effective decision-making, TMS Network (TMSN) is a much-needed development as crypto adoption continues to rise. Its intuitive, multipurpose, and accessible platform sets it apart from traditional trading platforms. Based on Layer 1 technology, TMS Network (TMSN) offers a higher degree of transparency, speed and security to its users.
TMS Network (TMSN) stands as the foremost and highly sophisticated global trading platform, accommodating an array of asset classes such as digital currencies, stocks, foreign exchange, with more to come. With its robust trading tools, users can conduct multiple transactions in one place within an all-in-one trading and financial universe.
With TMSN (TMS Network), individuals can become part of a digital trading collective, replicate trades seamlessly, engage with fellow traders, exchange data, and acquire knowledge on trading tactics. This distinct blend of functionality is unmatched by any other platform in the industry.
Enthusiastic investors have embraced TMS Network (TMSN), amassing more than $500k during the preliminary presale phase. With the token currently trading at over 100 times its initial presale value, market experts maintain a positive outlook for a thriving 2023 for TMSN. It could be the ideal chance to be a part of the most significant development in 2023.
To know more about TMS Network (TMSN), check out these links below:
Presale: https://presale.tmsnetwork.io
Whitepaper: https://tmsnetwork.io/whitepaper.pdf
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetworkio
Press Release Distributed by The Express Wire
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