What does the crypto market have in store for Dogecoin (DOGE), Shiba INU (SHIB), and TMS Network (TMSN)? Let’s find out.
TMS Network (TMSN) Takes Over the Market by Offering Varied Benefits
TMS Network (TMSN) is the first decentralized platform offering derivatives trading using cryptocurrency. Users can instantly trade any derivative by connecting their wallets to TMS Network (TMSN). No need to create an account or submit KYC forms to use TMS Network (TMSN). The STP execution at TMS Network (TMSN) ensures that the orders placed by traders go directly to liquidity providers instead of being routed through a dealing desk. Backed by powerful AI algorithms, the traders at TMS Network (TMSN) can use trading bots to make strategy-based decisions. The non-custodial portfolio management offers TMS Network (TMSN) users full control over their assets. Furthermore, TMS Network (TMSN) token holders can earn a commission based on the trading volume of the platform. Investors can buy TMS Network (TMSN) tokens during the presale, and get a 50% deposit bonus. TMS Network (TMSN) tokens are currently priced at $0.093, with a price rise expected in the next few days.
Dogecoin (DOGE) Sustains as Traders Open Long Positions
Dogecoin’s (DOGE) price tends to fluctuate based on Elon Musk’s announcements. However, his decision to step down as Twitter’s CEO seems to have a lesser impact on Dogecoin (DOGE). Musk tweeted on May 11th that his replacement would take over the position in six weeks. This led to a sharp crash in Dogecoin’s (DOGE) price, as expected. However, the meme coin soon recovered. Dogecoin (DOGE) moved sideways, and crossed the $0.073 mark for a day. The number of active Dogecoin (DOGE) users increased, but the social dominance impact had been causal. Data shows that Dogecoin’s (DOGE) traders opened long positions, aiming for a bullish trend in the coming days. This corresponds with the news of Linda Yaccarino being announced as Musk’s replacement. Though the Dogecoin (DOGE) community isn’t sure of her opinions on integrating crypto with Twitter, they know she already follows various crypto accounts on the social media platform. The Dogecoin (DOGE) community seems to be hopeful about the token’s bright future. Only time will tell if Dogecoin (DOGE) can indeed reach the expected heights.
Shiba INU (SHIB) Users Suffering from Losses
Shiba INU (SHIB) may be above the $0.0000088 mark at press time, but the monthly graph is entirely red. Data by IntoTheBlock shows that a majority of Shiba INU (SHIB) users have faced losses (four out of five) on their holdings. Reports show that 80% of Shiba INU (SHIB) holders are out of money. This corresponds to 991,440 addresses with 497 trillion tokens. This figure is minus the burned Shiba INU (SHIB) tokens over the last few weeks. Shiba INU (SHIB) is currently the sixth-largest cryptocurrency running into losses. The most unprofitable addresses belong to users who bought Shiba INU (SHIB) in the price range of $0.000009 and $0.000014. Experts say that if the decline continues, every Shiba INU (SHIB) holder will suffer losses. In other news, Tangem is collaborating with Shiba INU (SHIB) to release a limited edition of wallets that will support 6000 currencies and NFTs. However, this news may not help Shiba INU (SHIB) gain in the long term.
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/TMSNetworkIO
Twitter: https://twitter.com/tmsnetwork_io
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