The current gloomy bear market hasn't totally robbed us of some positive news and developments in the crypto space. As some tokens are experiencing exponential growth, others have been building in anticipation of the next bull cycle. GateToken (GT) and BitTorrent (NEW) (BTT) for instance, are some of the projects positioning themselves for the next bullish wave. TMS Network (TMSN) is also contributing its part to brightening the crypto landscape, which we will explain in this article.
BitTorrent (NEW) (BTT) is a peer-to-peer file-sharing and torrent platform. However, in recent times, BitTorrent (NEW) (BTT) has become increasingly decentralized.
BitTorrent (NEW) (BTT), currently using the decentralized file storage system, BTFS, announced that BTFS V2.3.2 is under development. This upgrade intends to improve the ecosystem, which can result in a surge in the price of BitTorrent (NEW) (BTT).
BitTorrent (NEW) (BTT) has been consolidating within the past 24 hours. During this period, BitTorrent (NEW) (BTT) experienced an increase of 0.30% at the time of writing. Further, on the 7-day chart, BitTorrent (NEW) (BTT) is in a bearish decline of 3.4%.
GateToken (GT) is the native token of the centralized crypto exchange, Gate.io. As an ecosystem utility token, GateToken (GT) has different uses on the trading platform.
The recent surge in BRC-20 and Ordinals (ORDI) tokens, with a current market cap exceeding $700 million, saw Gate.io become the first major centralized exchange to support its trading, withdrawals, and support. This move is expected to positively impact the exchange and, in turn, its native token, GateToken (GT).
If any, the impact of this new development hasn't done much to push GateToken (GT) to an uptrend position. Currently, GateToken (GT) has been trading sideways within the past 24 hours. Within this time frame, GateToken (GT) is down by just 0.8% to trade at $4.9. However, in the past 7 days, GateToken (GT) has been down by 6%.
TMS Network (TMSN) is a decentralized trading platform for derivatives such as equities and stocks. In efforts to revolutionize the trading industry, TMS Network (TMSN) is aiming to complete derivatives trading via cryptocurrency without users needing to set up an account. By merely linking a crypto wallet, and encouraging anonymity, users can complete derivatives trading.
Furthermore, as a disruptive protocol, TMS Network (TMSN) aims to bring on-chain analytics and low latency to trading. In addition, its MT4 and MT5 aim to allow connections to trading experts and bots on the platform. Moreover, incentivizing holders by giving them a share of revenue generated by the platform sets it apart from other trading platforms, making its native token bullish.
The TMS Network (TMSN) native token, currently in stage three presale, can be purchased for only $0.093. Further, early investors have until May 16 to enjoy the whopping 50% bonus on purchase. Moreover, TMS Network's (TMSN) 5,000% increase in value by analysts has endeared the project to the crypto community, thereby causing increasingly high traffic in its presale participation.
TMS Network (TMSN) is the project to look out for this year, considering its significant growth potential. To participate in the TMS Network (TMSN) presale, click on the link below.
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/TMSNetworkIO
Twitter: https://twitter.com/tmsnetwork_io
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.