The financial markets have not shaken off the devastating impact of the pandemic yet. But, even as they struggled, they were hit by the American banking crisis. Fortunately, the crypto markets have shown greater resilience.
While most altcoins are in the red, a few cryptos have continued their climb and have created good returns for their owners. These include Fantom (FTM), ICON (ICX), and TMS Network (TMSN). Although all three tokens are gaining in value, TMS Network’s (TMSN) 2,000% growth is turning heads. Let’s explore the reasons for the meteoric rise of these cryptocurrencies.
Fantom (FTM) Aims Higher
Fantom (FTM) is a decentralized smart contract platform for digital assets and dApps. It is supposed to be an improvement over Ethereum (ETH). Fantom (FTM) seeks to make its blockchain more scalable, secure, and transparent than the incumbents. Fantom (FTM) offers tools to integrate existing dApps into the system, resources for DeFi purposes, and a mature rewards system for staking.
Although the Fantom (FTM) network was launched in December 2019, it has slowly gained fame over the last two years. Thanks to an influx of dApps developers, Fantom (FTM) network has gone viral. With Fantom’s (FTM) popularity escalating, the price of Fantom (FTM) has soared from $0.197 in December 2022 to almost $0.5 in April 2023.
ICON (ICX) Continues its Growth
ICON (ICX) is a layer-1 blockchain that seeks to connect multiple chains. It is fast, scalable, and secure. It uses the Blockchain Transmission Protocol (BTP) to connect its partner chains with other blockchains. ICON (ICX) has positioned itself as a growing network of DeFi protocols, blockchain games, NFTs, and other dApps. The partner blockchains of ICON (ICX) include Binance Smart Chain, Polkadot, Harmony, Near, Moonriver, Ethereum, and so on.
ICON (ICX) has gained 100% from its price of $0.22 at the end of March to $0.43 in April. The trading volume for ICON (ICX) has gone up by over 5,000% over the past few weeks. It is a massive climb even by crypto standards. This means many investors and traders are currently trading in ICON (ICX).
In the coming weeks, ICON (ICX) will appreciate in value. However, the increase will not be a bull run. There will be sharp price corrections as the market moves, but ICON (ICX) will subsequently continue to appreciate in value. It will not be a steep rise but will increase in value.
TMS Network (TMSN) Breaks Out with 2000% Growth
TMS Network (TMSN) is a new exchange that allows its users to trade in cryptos, stocks, CFDs, and forex. TMS Network (TMSN) is a decentralized exchange. As a DEX, it is completely transparent in its operations, fully secure, and functions without intermediaries. So, TMS Network (TMSN) keeps its transactions fast and low-cost. The fact that traders can use it to trade in multiple asset classes makes it unique in the industry.
TMS Network (TMSN) has been the talk of the crypto town since it opened for presale. It opened at $0.025 and raised $500,000 by the end of the stage 1 presale. By the end of the stage 2 presale, TMS Network (TMSN) has already raised a total of $4 million, and its price has appreciated to $0.05. That’s a 100% price increase. Experts predict that as the news of TMS Network’s (TMSN) launch spreads, it will post four-digit growth figures. They predict a growth rate in the north of 2,000% over the next few weeks.
Learn more about TMS Network 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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