The cryptocurrency market has been tumultuous lately, with whales dumping Dogecoin (DOGE) and Cardano (ADA) on the brink of an overload. Amidst this Turmoil, TMS Network (TMSN) seems to be a beacon of hope for investors looking for a more stable investment.
Dogecoin has been facing turbulence lately, as whales dump massive amounts of DOGE amid a PEPE frenzy. The recent PEPE hype has drawn the attention of some of the biggest Dogecoin (DOGE) and Shiba Inu investors, leading them to grab the frog-themed meme coin. This movement has caused a top Dogecoin whale to move nearly 2 billion DOGE tokens on Tuesday, leaving only 1 token in the wallet.
The whale transferred 300 million Dogecoin (DOGE) to Binance, and the remaining 1.68 billion to a new wallet address. Other whales have also been dumping Dogecoin (DOGE) and SHIB, either to buy PEPE or exit the market temporarily.
The price of Dogecoin (DOGE) has fallen by 7.67% in the past week and is trading at $0.07. Dogecoin (DOGE) has a market cap of $10.1 billion, and a circulating supply of 139.2 billion tokens.
Cardano (ADA), the fifth-largest cryptocurrency by market capitalization, is teetering on the brink of an overload as the network approaches maximum capacity. Despite Cardano's (ADA) efforts to scale, its price has fallen by 6.97% in the last week, with a decline of 3.12% in the past 24 hours. Cardano's (ADA) market cap stands at $12.6 billion, and has a circulating supply of 34.8 billion tokens. Cardano's (ADA) price is $0.36 per token.
Prominent developer, Sebastien Guillemot, recently discussed potential scaling solutions for the Cardano network, and reassured investors that Cardano's (ADA) scalability roadmap is progressing. Guillemot outlined several strategies for Cardano (ADA), including increasing block sizes and a data availability (DA) layer to offload traffic from Cardano's (ADA) Layer 1 network. Despite efforts to reassure investors, the uncertainty surrounding Cardano's (ADA) future scalability has made investors wary.
TMS Network (TMSN) has made waves in the world of cryptocurrency with its decentralized trading platform. The platform aims to offer a secure and efficient way for traders to invest in a wide range of assets, without intermediaries, making it more accessible and reducing costs. Built on blockchain technology, the platform ensures transparency, security, and tamper-proof transactions. TMS Network's (TMSN) stage 2 presale was a massive success, and its 3rd presale is ongoing with over 40% tokens already subscribed. TMS Network (TMSN) is trading at $0.085, and has raised over $5.2 million.
TMS Network (TMSN) also promotes financial literacy and education, through its user-friendly interface and educational resources, such as tutorials, videos, and articles. This helps traders understand the market, make informed decisions, which will promote financial stability. Another objective of TMS Network (TMSN) is to promote decentralization, and reduce dependence on centralized systems. The benefits of trading on TMS Network (TMSN) include instant deposits and withdrawals via cryptocurrency, lower fees, fast transactions, and a transparent and secure trading environment. TMS Network's (TMSN) aim is to provide traders with a secure and efficient way to invest in a wide range of assets, and to empower them to take control of their investments.
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/TMSNetworkIO
Twitter: https://twitter.com/@tmsnetwork_io
