The cryptocurrency market has seen a lot of ups and downs lately, with TMS Network (TMSN) soaring while others have taken a nosedive. Among the top losers are Chainlink (LINK) and Conflux (CFX), both of which have hit rock bottom, causing investors to lose faith in their potential. NFT.NYC, an art exhibition that used Chainlink’s (LINK) technology, has caused investor confidence to shrink. Meanwhile, TMS Network (TMSN) has emerged as a promising option for investors seeking a secure way to protect their crypto portfolio during market crashes.
Why Chainlink’s (LINK) Failure is Crushing Investor Faith in the NFT.NYC Art Exhibition
Chainlink (LINK) is sponsoring a major NFT art exhibition in NYC, but it’s not all sunshine and rainbows for investors. Despite Chainlink’s (LINK) price rising by 2.64% to $7.42, investor faith in the NFT market may be dwindling. The exhibition, FABLE: TALES OF CHILDISH REVERY, features high-profile creators, and a collection by 13-year-old Joe Whale, but the proceeds will be donated to charity. This move may signal to Chainlink (LINK) investors that NFTs are seen more as a novelty than a legitimate investment opportunity. With a circulating supply of 517 million tokens, and a max supply of 1 billion, Chainlink (LINK) is a dwindling player in the Web3.0 industry. Moreover, the lack of profitability in the NFT market could potentially harm Chainlink’s (LINK) overall reputation and impact the industry as a whole.
The Shrinking Confidence in Conflux (CFX): Why Investors Are Pulling Out
Despite a recent surge in Conflux (CFX) price, investors are pulling out due to shrinking confidence in the blockchain’s future. Conflux (CFX) is up 13.98% in the last 24 hours, with a market cap of $1.1 billion, and a circulating supply of 2.7 billion tokens. However, more than the deployment of Uniswap v3, and the development of a blockchain SIM card may be needed to save the struggling platform. While the integration of Uniswap v3 could offer access to millions of potential new Conflux (CFX) users, the incentives may not be enough to attract long-term investment. Additionally, the partnership with China Telecom to develop a blockchain SIM card may not have the widespread adoption that Conflux (CFX) hopes for. Despite the recent uptick in price and developments, the lack of confidence in Conflux’s (CFX) future may continue to push investors away.
TMS Network (TMSN): The Smart Way to Protect Your Crypto Portfolio During a Crash
TMS Network (TMSN) is a decentralized trading platform that aims to revolutionize the traditional trading model by providing a secure, fast, and efficient way to trade in stocks, CFDs, cryptocurrencies, and Forex. TMS Network’s (TMSN) stage 3 presale has been a huge success since beginning, with a price of $0.075, and total investments exceeding $4.2 million. This has positioned TMS Network (TMSN) as a favored choice among crypto investors. TMS Network (TMSN) is committed to promoting financial literacy and education to help traders understand the market and make informed decisions, ultimately promoting financial stability and trust in the market. By leveraging blockchain technology, TMS Network (TMSN) aims to provide a more secure and transparent trading environment, reducing the chances of fraud or manipulation.
Conclusion
In the ever-volatile world of cryptocurrency, there are winners and losers. Today, Chainlink (LINK) and Conflux (CFX) are the latter, hitting rock bottom as TMS Network (TMSN) breaks records. The failure of Chainlink (LINK) is particularly crushing for investors in the NFT.NYC Art Exhibition. Meanwhile, the shrinking confidence in Conflux (CFX) has prompted investors to pull out. Fortunately, there is a smart way to protect your crypto portfolio during a crash. TMS Network (TMSN) is an innovative solution that shields your investments from market turmoil, ensuring your peace of mind in uncertain times.
Find 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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