Bitcoin (BTC) and Ethereum (ETH) Brace for Crypto Recession. TMS Network (TMSN) Thrives During Presale
The crypto winter has been hell for many assets, especially as Bitcoin (BTC) and Ethereum (ETH) came to a crossroads with the FTX collapse. In contrast,TMS Network (TMSN), a new innovative trading platform, provides a haven for investors to recuperate their losses and trade effectively. TMS Network (TMSN) is in stage 1 of its presale, with retail and experienced investors already flocking to it.
Bitcoin (BTC) Still in a Tight Range, Analysts Predict Dumping
Since the introduction of blockchain technology, Bitcoin (BTC) has always retained its position as digital gold. It is the largest crypto asset and dominates more than 42% of the total crypto market cap. Over the years, Bitcoin (BTC) has enjoyed traction and endorsement from prominent figures in the crypto space. It has also been integral to many peer-to-peer and blockchain-based payment platforms.
Despite its value and price, many investors and experts still consider Bitcoin (BTC) a bubble that can burst anytime. Its value is so volatile that many traders lose millions of dollars trading Bitcoin (BTC) daily, with the crypto winter driving its value below support levels. In the wake of the dramas that unfolded in 2022, Bitcoin (BTC) lost more than 78% of its value from its all-time high of 69,000. However, the recent surge has pushed Bitcoin (BTC)'s value to $22,500.
Ethereum (ETH) Price Non-Reactive to Merge, Stays Below $1700
Like Bitcoin (BTC), Ethereum (ETH) struggled to regain its foot above $2000 even before the FTX debacle. Over the past 12-month period, Ethereum (ETH)'s price has dropped significantly. Pessimism appears rampant, and investors continue to question the viability of Ethereum (ETH) as the future of smart contracts and DeFi.
Ethereum (ETH) is undoubtedly big, but congestion has led to increased gas fees, slower transaction time, and low throughput. Consequently, scalability remains a main concern for the wide adoption of Ethereum (ETH) because it cannot keep up with the growing demand for DeFi and blockchain-based protocols.
Despite September 2022 Merge to Proof of Stake consensus mechanism, Ethereum (ETH) is heading into a recession. Its price is grappling around $1600, about 67.3% lower than the all-time high of $4900.
TMS Protocol Providing Cutting Edge Trading Tools for Every Investor
The ability to make informed decisions based on actionable and timely insight is a huge factor for success in crypto trading. However, staying up to date with relevant data and tools has until now been problematic. Fortunately, TMS Network (TMSN) - a new decentralized multipurpose trading hub for CFDs, cryptocurrencies, Forex, and stocks has emerged to help revolutionize the trading environment.
TMS Network (TMSN) provides a unique, secure, and ultimately efficient trading experience for modern markets. The platform features best-in-class trading tools with an intuitive, easy-to-use interface that is supported across multiple devices, including smartphones and desktops. As it is fully decentralized, users on TMS Network (TMSN) don’t need to worry about middlemen, asset security, delayed transaction execution, or high fees any longer.
At its core, TMS Network (TMSN) was built to enhance the trading experience, by providing a more user-focused alternative to traditional systems. It can retain its security by being based on blockchain technology's publicly distributed ledger technology.
Furthermore, TMS Network (TMSN) aims to enhance education in the trading sphere, by focusing on promoting financial literacy and helping all traders learn more about staying financially stable.
It's easy to see why the TMS Network (TMSN) presale continues to grow. Currently in Phase 1 - the $TMSN token is available at a price of $0.0047, allowing keen enthusiasts to invest early. Experts believe TMS Network (TMSN) could quickly become the focal point for decentralized asset trading, and retail traders are hyped as demand continues to grow.
Conclusion
Experts are generally unsure of the crypto market direction, especially as Bitcoin (BTC) and Ethereum (ETH) are bracing for a crypto recession. In stark contrast, TMS Network (TMSN) has turned Bitcoin (BTC) and Ethereum (ETH) investors' heads with its revolutionary trading platform.
As TMS Network (TMSN) offers a revolutionary trading platform that is more secure, accessible, and tamper-proof, investors in the project stand to gain handsomely as it continues to gain attention globally.
For more information on TMS Network (TMSN) please see the links below:
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetwork
Twitter: https://twitter.com/tmsnetworkio