As the crypto market experiences a dip, investors are searching for alternative assets that can provide them with a hedge against losses. One of these alternatives is the TMS Network (TMSN). The TMS Network (TMSN) has caught the eye of many investors who see it as a promising investment.
At the same time, two of the biggest cryptocurrencies, Polygon (MATIC) and Cardano (ADA), has been experiencing significant drops. This has further fueled the interest in TMS Network (TMSN) as investors look for safer and more reliable options. Let us closely examine TMS Network (TMSN) and what makes it an attractive investment in the current market conditions.
Cardano (ADA) Investors See Losses
Investors in Cardano (ADA) face losses as the cryptocurrency’s value declines. According to recent data from IntoTheBlock, over 80% of all Cardano holders suffer losses. This figure equals 3.53 million addresses, while only 16% of the total, or 682,920 addresses, are profitable.
Additionally, 4% of Cardano (ADA) holder addresses, or 173,770, are breaking even at the current Cardano (ADA) price of $0.33 per token. What’s more, the largest number of Cardano (ADA) purchased at a loss, amounting to 8.71 billion, are on the addresses of those who bought the token at $0.36 to $0.4.
Overall, 25.7 billion Cardano (ADA) was acquired at a loss, four times the amount acquired by profitable investors. As the value of Cardano (ADA) continues to decline, investors are left hoping for a reversal of fortunes.
The Decline of Polygon (MATIC)
The price of Polygon (MATIC) has steadily declined over the past few weeks. Polygon (MATIC) lost 4% of its value in the past 24 hours. Over the past week, the altcoin has also decreased by roughly 6%. Early in November, Polygon (MATIC) price reached $1.20 before sharply falling.
The Polygon (MATIC) price has seen a freefall after the coin’s value dropped in November. According to the daily chart’s technical view, buyers are not present. It will be challenging for Polygon (MATIC) to maintain itself above the level of immediate assistance.
Polygon (MATIC) must significantly boost its purchasing power to maintain its position above the local support line. The coin has broken through several significant price floors over the past month. After moving in circles for a time, Polygon (MATIC) lost more customers, causing the coin to plummet on its chart once more.
For most of this month, Polygon (MATIC) was in the seller’s dominant zone. After losing the $0.84 support line, the coin only just recovered. The Relative Strength Index was below 40, indicating more sellers than Polygon (MATIC) purchasers.
TMS Network (TMSN) Emerges as a Safe Haven for Crypto Investors
TMS Network (TMSN) is gaining attention as a decentralized trading platform that provides investors with a secure, efficient, and transparent environment to trade digital assets without relying on a central authority. TMS Network (TMSN) leverages blockchain technology to address the issues prevalent on centralized trading platforms, including slow transactions, high costs, and lack of transparency. This innovative platform has attracted a large number of investors. Consequently, TMS Network’s (TMSN) successful presale raised over $3 million.
Using TMS Network (TMSN), investors can trade all derivatives, including cryptocurrencies, stocks, CFDs, and forex, using cryptocurrency payments without a trading account. The non–custodial portfolio management solution ensures traders have complete control over their assets.
TMS Network (TMSN) tokens can be acquired by traders, allowing them to earn commissions on trading volumes generated by other traders using the TMS platform. The commission allocated to each trader will increase as the platform grows and attracts more users. Currently trading at a discounted price of $0.038 in the presale, the TMS Network (TMSN) token is expected to increase by 100x by the end of the year. TMS Network (TMSN) is poised to revolutionize the online trading industry.
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/TMSNetworkIO
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