In an unexpected turn of events, the recent news regarding the US debt ceiling has affected the biggest cryptos the most, with both Bitcoin (BTC) and Ethereum (ETH) marking large losses in value. Meanwhile, TMS Network (TMSN) goes in the opposite direction, with thousands of investors flooding its presale, causing it to surge over 4300% and outperform most of its competitors by a landslide.
TMS Network (TMSN) to Transform Traditional Trading as We Know It
In times when giants like Bitcoin (BTC) and Ethereum (ETH) emerge as losers in the crypto market, investors are looking for stable investments and innovative projects more and more. The project that is the talk of the town currently, attracting all eyes on its presale, is TMS Network (TMSN), shedding light on the otherwise bleak crypto world with its enormous potential.
TMS Network (TMSN) is an all-on-one decentralized trading platform where users can trade equities, futures, forex, CFDs, cryptocurrencies, and more using crypto without intermediaries. Additionally, trading on TMS Network (TMSN) is fast, transparent, affordable, and accessible to users all over the world.
One feature that makes TMS Network (TMSN) stand out is its permissionless nature, enabling users to trade without going through KYC verification. Additionally, to trade on TMS Network (TMSN), users don’t even need to have an account. In fact, all they will need is a crypto wallet and access to the TMS Network (TMSN) platform, and nothing else.
Moreover, TMS Network (TMSN) aims to solve many current issues in the trading industry by providing a user-friendly interface filled with unique features. Among those features, TMS Network (TMSN) will provide vast educational resources and lessons, an extensive social trading network, low latency, on-chain analytics, and MT4 and MT5 compatibility.
Additionally, TMS Network (TMSN) users will earn commissions from trading volumes generated by other traders on the platform. So, the more users trade, the more revenue they will receive.
And to top it all off, TMS Network (TMSN) token holders will get voting rights, non-custodial portfolio management (meaning users will have complete control over their assets), and copy trading opportunities (where users can copy the trades of professionals and follow their trade signals).
Currently, TMS Network (TMSN) is in Stage 4 of its public presale, with its token trading at $0.097, providing users with an excellent opportunity to join this game-changing project before prices skyrocket. And seeing as experts predict that TMS Network (TMSN) will rise 100x in value before 2023 ends, it is the perfect time to jump on board.
Bitcoin (BTC) Struggles to Bounce Back
Bitcoin (BTC) is among the most affected coins from the recent stagnant trading period. Additionally, the US debt ceiling news has hit Bitcoin (BTC) hard.
Currently, the Bitcoin (BTC) token is trading at $26,209.08, marking a 0.43% decrease in Bitcoin (BTC) price since yesterday. Additionally, the Bitcoin (BTC) trading volume dropped by 3.61% in the last 24 hours, dragging the Bitcoin (BTC) market cap down with it.
As a result, the chances of Bitcoin (BTC) reaching the $30,000 peak it hit in April decrease more and more as uncertainty lingers regarding Bitcoin (BTC) and digital assets in general.
However, experts believe if Bitcoin (BTC) manages to rise above the $28,000-$32,000 major resistance level, the Bitcoin (BTC) bulls will take over and cause the Bitcoin (BTC) price to surge. Still, they are unsure if or when this will happen.
Ethereum (ETH) Continues Its Losing Streak
Like its counterpart Bitcoin (BTC), Ethereum (ETH) has been struggling ever since the US debt ceiling news started circulating. Moreover, at this time, Ethereum (ETH) was already trading around the $1,850 level. And as Ethereum (ETH) failed to break above $1,850, the Ethereum (ETH) token started a new decline, dropping below the $1,800 level.
And things are not quite looking up for Ethereum (ETH). Namely, the Ethereum (ETH) token is currently trading at $1,790.14, marking a 0.17% decrease in Ethereum (ETH) price in the last 24 hours. Additionally, the Ethereum (ETH) trading volume dropped by 1.99% since yesterday.
Experts put the nearest resistance line at $1,820, saying that if Ethereum (ETH) does not clear it in the upcoming days, the Ethereum (ETH) price could drop to $1,760. Otherwise, if Ethereum (ETH) breaks above $1,820, the Ethereum (ETH) price will climb back to the $1,850 level.
Explore the TMS Network presale here:
Presale: https://presale.tmsnetwork.io/
Website: https://tmsnetwork.io/
Telegram: https://t.me/tmsnetworkio
Twitter: https://twitter.com/tmsnetwork_io
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