Here’s What Conflux (CFX) and Shiba Inu (SHIB) Holders Should Know Before Investing in TMS Network (TMSN)
Conflux and Shiba Inu have been on the rise lately. Conflux is breaking out, while Shiba Inu has finally managed to overcome the downtrend it was experiencing. So, if you have invested in Conflux and Shiba Inu, you are definitely looking at growing your portfolio. Meanwhile, if you are looking for your next potential investment, you must have heard about TMS Network (TMSN). You are currently on the cusp of creating history in your crypto journey. Here are some things you should know before investing in TMS Network (TMSN) or other tokens.
Conflux (CFX) investors are doing well
The Shanghai Tree-Graph Blockchain Research Institute, better known as Conflux, is the only blockchain in China that complies with current Chinese law.
Conflux has seen a vertical increase in its price due to several factors. One of the factors is its recent partnership with China Telecom to introduce Web3-enabled mobile devices using blockchain-powered SIM cards. It is believed that Conflux will connect the traditional industry with Web3 technology. Conflux has also entered into a strategic partnership with Little Red Book, an NFT-social media platform.
According to experts, the main reason behind Conflux’s rally is the legalization of crypto buying and selling in Hong Kong. It is believed that China will follow soon. As the news spread like wildfire, the conflux escalated. However, it is not clear whether this news of China opening its market to cryptocurrencies is just a rumor or based on reality. This hasn’t stopped users of Conflux from earning over 1000% returns.
Shiba Inu (SHIB) lacks differentiation
The Shiba Inu started out as a joke on its rival Dogecoin. For a meme coin, the Shiba Inu undoubtedly did pretty well. Shiba Inu investors can heave a sigh of relief this year as the coin is up more than 50% in the first two months of 2023. However, even at its peak in 2021, the Shiba Inu price was $0.00008845. The Shiba Inu could recapture its 2021 bull run, but only if it magically finds billions of dollars in investment and adds a utility-driven use case. Shiba Inu holders looking to add TMS Network (TMSN) to their crypto portfolio will be investing in the token for a unique and highly utilitarian use case.
TMS Network (TMSN) stands on a more solid foundation
While Conflux will soon undergo a correction as pressure eases, TMS Network (TMSN) is about to explode. Decentralized trading platform, TMS Network (TMSN), has already conducted a successful Phase 1 pre-sale raising $500,000 in funding. It is now in its second phase, having already crossed the $2,500,000 mark. With the momentum not slowing down, TMS Network (TMSN) is expected to deliver over 1000% returns for its investors.
In addition, TMS Network (TMSN), a decentralized trading platform allows users to trade across multiple asset classes including cryptocurrencies, CFDs, stocks and forex. Unlike Shiba Inu, TMS Network (TMSN) is getting better response and adding new users to its community. While Shiba Inu only targets the crypto investor, TMS Network (TMSN) provides utility for both crypto traders and traditional traders, therefore it has a large target audience and a huge potential community.
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