Hong Kong Declares Crypto as Property. TMS Network (TMSN) Leaps in Presale as Dogecoin (DOGE) And Shiba Inu (SHIB) Slide
The nascent crypto ecosystem continues to garner considerable worldwide acceptance and adoption. The latest development in this field is that a court in Hong Kong has recognized crypto as property “capable of being held on trust”, in a case involving crypto exchange Gatecoin.
TMS Network (TMSN) has received this update in good spirits as it continues to leap in presale gains while Dogecoin (DOGE) and Shiba Inu (SHIB) slide.
TMS Network (TMSN)
As a decentralized network based on the Ethereum network, TMS Network (TMSN) is committed to redefine and transform the traditional finance trading industry. It does this by deploying a vast selection of different assets in a single decentralized exchange and allowing traders to retain full custody over digital assets and at the same time utilizing advanced tools.
Another compelling feature of the TMS Network (TMSN) is that it provides fast and efficient transaction processing that ensures that trades are executed in real-time with low latency, executing bulk transaction volumes with ease.
Additionally, TMS Network (TMSN) addresses some of the many pertinent problems that have plagued the traditional trading space with its social trading feature which connects traders on the platform.
As a corollary, TMS Network (TMSN) utilizes a strategy builder which is powered by Artificial Intelligence (AI) and on-chain analytics that help traders make informed decisions when navigating the murky waters of the crypto markets. Also, TMS Network (TMSN) churns out algorithmic trading signals that have an impressive rate of accuracy.
TMS Network’s (TMSN) native token presale has already attracted over $5.6 million worth of investment and this goes down to the fact that the token holders gain a plethora of unique benefits.
As a background story, Dogecoin (DOGE) is said to have originated from a defunct cryptocurrency named Luckycoin. Known as the memeking, Dogecoin (DOGE) depended on Elon Musk’s sense of humor and favorable market conditions in 2021 but it has however experienced a dramatic decrease in worth since then. Simply put, Dogecoin (DOGE) is just a crypto created for fun without significant development plans and is not part of any movement that substantially progresses DeFi.
Although Dogecoin (DOGE) has a massive and loyal online community behind it, it does not have any form of utility and is not a wise investment option because it contributes no value to the financial system.
This has made Dogecoin (DOGE) and Shiba Inu (SHIB) continue to fall in value while TMS Network (TMSN) on the other hand continues to rise.
Shiba Inu (SHIB)
Another memecoin, Shiba Inu (SHIB) also has its popularity mainly driven by memes and the success of Dogecoin (DOGE) because it has no unique advantage over other viable digital currencies.
Although Shiba Inu (SHIB) team is trying to foster more adoption through Shibarium which is a layer-2 scaling initiative that aims to enhance transaction speeds and reduce user costs and has applications in various areas, the fact remains that Shiba Inu (SHIB) lacks utility and is almost worthless.
To sum it up, Shiba Inu (SHIB) has already made significant progress but its price depends mainly on unpredictable hype cycles which are often triggered by tweets from famous personalities. Although these have caused short-term gains of Shiba Inu (SHIB), it has alongside Dogecoin (DOGE) continued to slide downwards unlike TMS Network (TMSN whose presale is leaping.
Taking a look at the trio, it is crystal clear that TMS Network (TMSN) is the most viable option for investors and traders because unlike Dogecoin (DOGE) and Shiba Inu (SHIB), TMS Network (TMSN) offers an all-in-one solution that others do not.
After finishing the first phase of its presale, TMS Network (TMSN) is now trading at $0.088 in phase two. Therefore, it’s important to get involved before it’s too late.
To learn more about the TMS Network (TMSN) presale, check out the links below: