TMS Network gains more than $2.5M in presale; while Litecoin & Monero stands primed for massive profits
2023 is the year of crypto underdogs. While popular investments like Litecoin (LTC) and Monero (XMR) have performed poorly, TMS Network (TMSN) has already increased in price by 700%, offering great returns for bullish investors. As Q1 ends, analysts now predict that TMS Network will surge further in April, outperforming the crypto market in the process.
Litecoin (LTC) remains stuck behind $100
Litecoin is a fork in the Bitcoin (BTC) blockchain created to make crypto more accessible. When Litecoin was founded, Bitcoin mining had not yet been monopolized. Litecoin aimed to keep things that way while offering a lower-cost crypto option. It ultimately failed to prevent Bitcoin (BTC) monopolization. However, Litecoin became a popular investment in itself.
Litecoin (LTC) continuously surpasses half a billion USD daily trading volume and remains a popular investment option after price surges in Q1. Nonetheless, it has struggled to stay above $100 after several market corrections, causing trading volume to decrease and investors to look for alternative investments. Should LTC pass $100 again, analysts predict its value could explode. However, many anticipate that Litecoin could take months to achieve this.
Monero (XMR) hits pre-2023 lows
Monero is a DeFi project that offers the highest level of security. Using XMR, investors can buy and sell cryptocurrency while remaining completely anonymous. While this aligns with the fundamental purposes of cryptocurrency, it has also caused Monero (XMR) to be criticized. Due to its high level of anonymity, Monero has been used for elicit activity on the dark web, including money laundering and purchasing illegal goods.
Despite this bad publicity, Monero has remained above $150, with one XMR selling for $154. Trading volume, however, is down, with daily trading volume continuously below $100 million. This has been caused by price decreases, with Monero (XMR) losing 22.24% of its value in the last 12 months.
TMS Network (TMSN) – A decentralized exchange for derivatives
With Litecoin (LTC) and Monero (XMR) underperforming, many investors are turning to TMS Network (TMSN). It is one of the fastest-growing DeFi presales, generating over $1.8 million in just two presale stages and creating excitement throughout the industry.
This excitement has been triggered by TMS Network (TMSN)’s unique use case as a crypto exchange. While plenty of exchanges are in the market, TMSN takes things to the next level with stocks, CFDs, Forex, and over 500 cryptocurrency options.
On TMS Network (TMSN), investors can access various tools to enhance their trading experience, from strategy builders and AI bots to testing options designed to help investors learn how to trade before risking their funds. With on-chain analysis and live market updates, TMSN users can keep up with the latest market trends, ensuring they stay on top of any changes.
This is complete with a social trading feature, which plays a crucial role in TMS Network. When using the platform, investors can learn firsthand from fellow investors and industry veterans, building connections and the skills they need to become successful traders.
TMSN tokens are currently available for $0.038 during stage two of the project’s presale. Having already offered great returns, investors anticipate even bigger profits in Q2.