The post TMS Network (TMSN) Profits Increase Massively, Sui (SUI) Crashes after Mainnet Launch and Ripple (XRP) Could be Bearish by May End appeared first on Coinpedia Fintech News
The crypto market is always fascinating. Sui (SUI) crashes after the launch, and Ripple (XRP) goes down during the last week. However, TMS Network (TMSN) continues to be strong during the presale.
TMS Network (TMSN) Is Attracting Investors With the Commission Revenue Sharing Model
TMS Network (TMSN) is the first decentralized platform for users to trade derivatives instantly. TMS Network (TMSN) platform doesn’t require account verification or permission. Users can directly connect their wallets to TMS Network (TMSN), and start trading all types of derivatives without using fiat currency.
TMS Network (TMSN) offers token holders additional rewards to help them generate a higher passive income. Known as the commission revenue sharing model, users who hold TMS Network (TMSN) tokens are eligible to earn a commission from the revenue generated by the trading volume on the platform. As the trading volume increases on TMS Network (TMSN), token holders will get more commission as a reward.
Furthermore, TMS Network (TMSN) offers exclusive voting rights and benefits to investors who buy the native tokens during the presale. TMS Network (TMSN) token recently had a price hike to reach $0.088. Experts predict another increase in the coming days. Buy TMS Network (TMSN) today to get a 30% deposit bonus (limited period offer).
Sui’s (SUI) Price Goes Down After the Official Launch
Sui (SUI) Mainnet was officially launched on 3rd May 2023, to compete with high-powered platforms like Ethereum. However, the Sui (SUI) token suffered after the launch. The price of the Sui (SUI) token fell by 47%. Sui (SUI) went from $2.16 to $1.15 even as the token was listed among the top 100 cryptocurrencies by market cap. While Sui’s (SUI) trading volume stayed above $500 million on 4th May, it began to hover between $400 and $300 million. Though Sui’s (SUI) price improved, it is still below the $2 mark. At the time of writing, Sui (SUI) is priced at $1.16 after losing 11% in the last 24 hours. Analysts say this price drop is expected as the price of most crypto coins falls soon after the launch. Users are hopeful that Sui (SUI) will regain its momentum. We’ll have to wait and see how long it takes Sui (SUI) to cross $2.
Ripple (XRP) Shows Signs of Going Bearish
A lot is happening around Ripple (XRP). Firstly, the Ripple (XRP) community is targeted by a fund attack, according to the alerts sent by the company. Ledger cautioned Ripple (XRP) token holders about fake token allocation claims and asked them not to share their seed phrase with anyone. In other news, the centralization of Ripple (XRP) and XRPL sparked controversy among other crypto companies. There are speculations that Ripple (XRP) might win the lawsuit as Judge Torres ruled against SEC. With so much going on, Ripple (XRP) should have a strong upward movement. However, the opposite seems to be the case. Ripple’s (XRP) price has been going down during the last seven days. In the first week of May, Ripple (XRP) fell by 4.16% to touch $0.4397. Experts predict Ripple (XRP) to go fully bearish by May end.
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