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Continuous Bearish Trend Results in Shiba Inu (SHIB) and Arbitrum (ARB) Investor...

 1 year ago
source link: https://cryptomode.com/continuous-bearish-trend-results-in-shiba-inu-shib-and-arbitrum-arb-investors-purchasing-tms-network-tmsn/
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The bearish trend continues, with some tokens affected more than the rest. Shiba Inu (SHIB) and Arbitrum (ARB) are some of the popular tokens to bear the brunt of the bears, resulting in their investors buying TMS Network (TMSN). TMS Network’s (TMSN) unique protocol and growth potential have resulted in increasing participation in its presale. Let’s dive into why the presale token is investors’ go-to currently.

Shiba Inu (SHIB)

The popular memecoin Shiba Inu (SHIB) has been making efforts to develop its ecosystem. This has resulted in the search for real-world utilities for the native token Shiba Inu (SHIB).

Shiba Inu (SHIB) recently gained real-world utility through its integration into UQUID. On May 11, UQUID, a Web3 market, announced the integration of Shiba Inu (SHIB) and its acceptance for mobile top-ups and e-commerce services.

With this development yet to have a price impact on Shiba Inu (SHIB), it is still following a bearish trend. Shiba Inu (SHIB) is down by 1.58% and 13% in the past 24 hours and 7 days, respectively, at the time of writing. Shiba Inu’s (SHIB) persistent bearish trend has seen whales sell their Shiba Inu (SHIB) holdings for TMS Network (TMSN).

Arbitrum (ARB)

Arbitrum (ARB) is an Ethereum layer 2 scaling solution leveraging optimistic rollups to enhance speed, cost-efficiency, and scalability. Arbitrum’s (ARB) throughput, as well as other benefits, have seen it become popular on the Ethereum network.

In a recent development around Arbitrum (ARB), a new reward program was announced to revive the network. According to reports, Arbitrum (ARB) will distribute 3,352 Ethereum (ETH) to its DAO, worth over $6 million.

While it isn’t certain if Arbitrum (ARB) is benefiting from this initiative, the price of Arbitrum (ARB) is up by 1.86% at the time of writing. Nevertheless, the bearish trend persists on longer price charts, with Arbitrum (ARB) down by 14.8% at the time of printing. This has resulted in Arbitrum’s (ARB) investors’ purchase of TMS Network (TMSN).

TMS Network (TMSN)

TMS Network (TMSN) aims to be a decentralized derivatives trading platform in equities and stocks where transactions can be made directly via cryptocurrency without ever giving up assets. With the ability to engage in trading activities without setting up an account but only linking a crypto wallet. TMS Network (TMSN) embraces anonymity, making it head and shoulders above competitors.

The TMS Network (TMSN) ecosystem aims to revolutionize the trading industry through its compatibility bridge, on-chain analytics, low latency, and user incentivization. The TMS Network (TMSN) compatibility bridge, MT4, and MT5, will allow the connection to trading bots and experts. Additionally, as a way of incentivizing users, holders will receive a share of the revenue generated by the platform.

TMS Network’s (TMSN) potential widespread adoption means its native token’s value will skyrocket in the future, by as much as 4,000% next year. In presale stage 2, TMS Network (TMSN) goes for just $0.088, with a further 50% bonus ending May 12, which early adopters can enjoy.

Poised for a significant run in the future, TMS Network (TMSN) is the best 2023 project to invest in, considering its unique fundamentals and imminent adoption. Click on the link below to purchase the TMS Network (TMSN) presale.

Presale: https://presale.tmsnetwork.io

Website: https://tmsnetwork.io

Telegram: https://t.me/TMSNetworkIO

Twitter: https://twitter.com/tmsnetworkio

None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.


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