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Breaking News: Galaxy Digital's Bitcoin Outlook: Uncertainty For Next Year, $250,000 Goal Set For 2027

Cardano (ADA) Slams Ethereum, TMSN Attracts Investors With 4300% Surge, TrueUSD Comes Close To $1

Bitcoinist
by Bitcoinist
Last Updated: May 23, 2023 1:42 pm
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

There are over 24,000 coins on the market currently. But despite this enormous selection, many investors look only at the top 50 to decrease their investment risk. This is where we find the likes of Cardano (ADA) and TrueUSD (TUSD), well-established projects with huge followings.

Yet, this doesn’t mean they can offer the most bang for your buck. Newcomers are far more suitable for this goal. Take, for instance, TMS Network (TMSN), offering remarkable returns of 4,300% during presale!

>>BUY TMSN TOKENS NOW<<

Cardano (ADA) Depicts A Bearish Price Trend

Cardano (ADA) has remained a firm favorite in the crypto industry over the past few years. Yet, its price action says otherwise, as it has failed to reach the heights of 2021. Cardano (ADA) is now worth $0.36 from an all-time high of $3.16.

Despite this downturn, Cardano (ADA)’s developers continue introducing upgrades to improve the user experience. Most recently, a layer-2 protocol called Hydra Head went live to improve scalability.

It’s not only the developer activity that is growing but also the social media attention for Cardano (ADA). Tap Tools reported 458 million social engagements around the project in the past week.

Yet, Cardano (ADA)’s price remains bearish and doesn’t reflect this positive news. Most forecasts do not predict above $1 by the end of 2023, averaging around $0.89. So, while Cardano (ADA) is a project with immense potential, it could be another mediocre year if its price trend continues.

Can TrueUSD (TUSD) Exceed The $1 Mark?

TrueUSD (TUSD) is the fifth-largest stablecoin in crypto. Moreover, TrueUSD (TUSD) has steadily increased usage in the past few days.

The market cap of TrueUSD (TUSD) has gone from $2.06B to $2.10B in the past few days, which is in line with a positive trajectory since the start of 2023. Also, the developers of TrueUSD (TUSD) developers have recently announced an international expansion plan.

On the downside, TrueUSD (TUSD) is less popular compared to the likes of Tether and Binance USD. However, the biggest problem is that it’s a stablecoin that will always remain at a fixed 1:1 value (in the case of TUSD, $1).

Thus, TrueUSD (TUSD) has no investment value or growth potential, unlike a project like TMS Network (TMSN).

TMS Network (TMSN) Takes Over With 43x Returns During Presale

Now that we have Cardano (ADA) and TrueUSD (TUSD) out of the way, let’s look at the TMS Network (TMSN), the best investment choice for 2023. It’s time to get excited! The TMS Network (TMSN) is a state-of-the-art decentralized trading platform for crypto, forex, shares, and other derivatives.

Unlike centralized services, users don’t need to verify their personal info to get started; they only require a crypto wallet. Speed and efficiency are some of the TMS Network (TMSN)’s defining features. But there’s more.

With the TMS Network (TMSN), you can copy other people’s strategies through social trading or use the platform’s quant-based signals. So, whether you’re a beginner or a self-directed trader, the TMS Network (TMSN) has you covered.

The best part of the TMS Network is the TMSN token, where holders earn commissions from trading volume across the entire platform. So, users have more incentives!! Lastly, TMSN token holders have voting rights on the service’s future developments.

The token is presently in presale for $0.088, a bargain, really. Analysts see a potential for a 100x gain before the end of the year for TMS Network (TMSN). And since the best investors join projects before they become mainstream, now is the time to invest in TMSN and benefit from major returns!

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

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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