The post TMS Network (TMSN) Investment Swells to $4.2 Million as Binance (BNB) and Ripple (XRP) Lose Ground appeared first on Coinpedia Fintech News
Binance (BNB) and Ripple (XRP) have recently experienced losses, raising questions about their future prospects. Meanwhile, TMS Network (TMSN) has seen a staggering increase in investment, with over $4.2 million raised. As the SEC court battle approaches its conclusion for Ripple (XRP), and uncertainty surrounds Binance (BNB), the rise of TMS Network (TMSN) is capturing the attention of investors.
Binance’s (BNB) Future Looks Uncertain In Burn Aftermath
The Binance (BNB) coin is facing an uncertain future following the completion of its 23rd burn. The burn, which destroyed over 2 million Binance (BNB), had little impact on the market. Binance’s (BNB) price has remained stagnant. Despite the enormous amount of tokens burned, investors and traders have not been stirred, and Binance’s (BNB) price has barely moved.
Many questions have been raised regarding the significance of Binance (BNB) burns, as the lack of reaction from the market seems to contradict the company’s claims of positive ecosystem growth. With Binance’s (BNB) price down by 5% in the past week, investors wonder if the Binance (BNB) token has any long-term value. Binance (BNB) stands 52.3% below its all-time high. Binance’s (BNB) recent lackluster performance, coupled with ongoing investigations and regulatory scrutiny, raises concerns about the coin’s future.
Ripple’s (XRP) Fate Hangs in the Balance as SEC Court Battle Nears Conclusion
The future of Ripple (XRP) remains in limbo as the verdict in the SEC vs. Ripple case looms. Legal experts predict that the ruling will be announced by the end of April, with both parties confident of victory. The lack of clear regulatory guidelines for cryptocurrencies like Ripple (XRP) has led to confusion and uncertainty in the market. Former SEC Chair Jay Clayton’s recent comments on the classification of cryptocurrencies as securities or commodities add to the complexity of the issue.
Clayton suggested that cryptocurrencies, including Ripple (XRP), which are currently considered securities, may no longer be classified as such in the future. However, the ongoing jurisdictional struggle between the SEC and CFTC over crypto assets complicates matters further. Current SEC Chair, Gary Gensler, has labeled Bitcoin a commodity, while other digital currencies are deemed securities. The judge presiding over the Ripple (XRP) case, Analisa Torres, is taking her time to analyze the case and is expected to make a ruling soon. Ripple’s (XRP) price is $0.46, and has a 24-hour trading volume of $750.8 million. Ripple (XRP) is down 1.52% in the last 24 hours. All eyes are on Ripple’s (XRP) impending verdict, which could make or break the entire crypto ecosystem.
TMS Network (TMSN) Skyrockets, Over $4.2 Million Raised
TMS Network (TMSN) is a decentralized trading platform that is built on blockchain technology. One of the key features of TMS Network (TMSN) is transparency. This ensures that traders can be confident that their transactions and personal information will be protected. TMS Network (TMSN) also eliminates intermediaries, thus reducing costs and enabling faster and more efficient transactions. TMS Network (TMSN) aims to make trading more accessible to everyone, regardless of location or experience.
With TMS Network (TMSN), traders can deposit and withdraw instantly via cryptocurrency without going through intermediaries. Trading on TMS Network (TMSN) also allows traders to keep more profits, and reinvest in the market. TMS Network (TMSN) has raised over $4.2 million, with its 3rd presale ongoing, where over 40% of tokens have been subscribed.
Find more about TMS Network here:
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