The crypto market is facing some crucial twists and turns in recent times. Join us today as we look at the latest events relating to Tron (TRX), which has recently seen a rise as its founder Justin Sun looked to acquire a Swiss bank, and Ethereum (ETH) as investors get uneasy about a potential decline in price. Meanwhile, TMS Network (TMSN) is on its way to being the top platform to invest in this tumultuous time.
Tron (TRX)
Tron, a cryptocurrency created by Sun, increased by 1.55% recently. Tron continues the recent trend of most crypto assets climbing due to the mess with US banks. After the collapse of SVB and its US counterparts, Tron TRX increased by 2.15% this week.
The Swiss Bank collapse, which had already been in trouble for some time, was hastened by the string of failures, necessitating a patch-up by the Swiss central bank and the government. The crypto community, specifically Justin Sun, the creator of Tron, offered a hand to Credit Suisse Group AG (Swiss Bank).
Despite previously purchasing shares of the Swiss firm, Tron approached the 167-year-old bank this time with an offer to purchase the property for $1.5 billion. Unfortunately, the agreement was ultimately destroyed by UBS’s hit, which pocketed the 3 billion deal plus a 100 billion Swiss state credit line.
Ethereum (ETH)
Ethereum was first introduced to investors in July 2015. Investors have been uneasy about Ethereum’s worth as the likelihood of a price collapse has increased. As a result, they closely observe the scenario to decide whether to hold or sell their investments as Ethereum’s value fluctuates.
As the market anticipated easing the US Federal Reserve’s hawkish stance on the economy, the cryptocurrency market has recently experienced some gains. Several cryptocurrencies soared due to this double-down, with Bitcoin rising 25% over the past week.
After the rally in Bitcoin, Ethereum has been underperforming the former in comparison. So even if the altcoin’s price has only dropped by 0.3% since yesterday, Ethereum ETH investors are still wary about the coin’s price fluctuations.
TMS Network (TMSN)
TMS Network (TMSN) is an initiative that has the potential to transform completely and is already changing the trading world. Through the use of cryptocurrencies, it enables anyone to invest directly in any derivative, including stocks, CFDs, shares, and much more.
Users only need to connect their cryptocurrency wallet to the TMS Network (TMSN) to use all of its benefits, after which they can start trading immediately. On TMS Network (TMSN), a social trading function allows users to replicate what experts are doing and profit from their trading choices.
In addition, TMS Network (TMSN) token holders can receive commission fees for each trade, voting privileges, and access to sophisticated trading tools. TMSN is currently trading at $0.039 with analysts predict growth in 2023 of up to 50x.
Conclusion
To wrap up, we looked at the current crypto landscape, more specifically about three crucial names: Tron (TRP), Ethereum (ETH), and TMS Network (TMSN). The recent US banking crisis has had a major effect on the cryptocurrency market, as Tron (TRP) rose 1.55%. In contrast, Ethereum (ETH)’s fluctuations have caused investors to remain wary of a decline.
Between all this, TMS Network (TMSN) has been continuing its steady growth as it is the perfect hedge for uncertain times like this, one of the reasons why it can already be counted among the top players in the market.
So what are you waiting for? Invest in TMS Network (TMSN) now as it is still in its presale 2nd stage at $0.039 per token.
Find out more information here…
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/TMSNetworkIO
