Binance (BNB) accused of fund misuse, Cardano’s (ADA) price takes a hit after feud between the founder and a Reddit user, TMS Network (TMSN) aims for the sky during presale

While well-known tokens like Binance (BNB) and Cardano (ADA) are gaining a bad reputation owing to frauds and feuds, TMS Network (TMSN) has received solid support and trust from investors. Read ahead to know the reasons behind TMS Network's (TMSN) raging presale success.

Binance (BNB) maneuvers funds worth $1.78 Billion

Binance (BNB) is a cryptocurrency platform whose ecosystem is made up of decentralized blockchain networks. Based on daily trading volume, Binance (BNB) has established itself as the top cryptocurrency exchange platform worldwide. Binance (BNB) has been in the news recently for the wrong reasons, where Forbes has accused the platform of "backroom maneuver." According to Forbes, Binance (BNB) shifted $1.78 billion in stablecoin to hedge funds, and has exhausted its collateral for B-peg USDC, without cutting back on supply. After the release of this news, Binance (BNB) has lost value in the market and is currently trading for $289.5. Binance's (BNB) price is 3% lower than a day earlier. Since February 24, Binance (BNB) has lost over 6.6% of its market value. Binance (BNB) is also 58.1% below its all-time high price of $690.9. Experts agree that it is a difficult time for Binance (BNB), and traders should be wary of investing in this token.

Cardano (ADA) to slump 10% due to internet war

Cardano's (ADA) blockchain network facilitates peer-to-peer transactions. The open-source and decentralized platform, Cardano (ADA), intends to increase public access to blockchain resources. An internet war has broken out between Cardano's (ADA) founder Charles Hoskinson, and an anonymous Redditor named Demesisx. The redditor published an open letter and accused Cardano's (ADA) founder of strongly associating with alt-right personalities like Elon Musk and Jordan Peterson. Cardano's (ADA) founder fought back and the matter has developed into a big feud that is set to negatively affect the token. Cardano (ADA) is set to slump up to 10% due to this social media war. Cardano (ADA) is currently trading for the price of $0.33, which is down by 3.3% in the past 24 hours. Crypto leaders agree that it is not the right time to invest in Cardano (ADA).

TMS Network (TMSN) raises nearly $3 Million

A secure, rapid, and efficient way to trade stocks, CFDs, cryptocurrencies, and FX is through TMS Network (TMSN). With the blockchain-based TMS Network (TMSN), all transactions are transparent, secure, and impermeable. TMS Network (TMSN) does away with intermediaries while also processing transactions more swiftly, and at lower prices than competing options. Everyone may use the user-friendly interface of TMS Network (TMSN), including those who are new to trading. Thus, the platform has a wide clientele and attracts new traders more enthusiastically. In addition to being easy to use, TMS Network (TMSN) also provides its users with the information they need to make informed trading decisions.

TMS Network (TMSN) provides traders with a variety of trading information and tools, such as market analysis, trading signals, and educational materials, to help them make decisions. Also, users will have access to a trading community where they may communicate and get additional knowledge. Another noteworthy feature of TMS Network (TMSN) is its revenue-sharing structure. The platform charges a small commission fee for each trade, which is divided between the platform and the holders of its tokens. So, you can profit by holding TMS Network's (TMSN) native token. According to cryptocurrency experts, TMS Network (TMSN) has a bright future, which is apparent from its successful presale stage 1. TMS Network (TMSN) is currently in its second stage of presale for the price of $0.029, and has raised nearly $3 Million so far. Thus, don't wait to participate in TMS Network's (TMS) presale..