The crypto-verse is largely dominated by pure speculation. Even utility coins, which have intrinsic value by virtue of their usefulness, experience massive fluctuations because of speculation. So, any developments that hint at a large positive or negative sentiment in the market can have a massive impact on the investor psyche and price moments. It's usually impossible to predict such developments before they happen. However, the conditions are sometimes just right for making the predictions possible.
For instance, a market capitalization of $10 billion has an overwhelming impact on the investor psyche. Tokens valued at $10 billion mcap are officially in the big leagues – too big to fail – and command massive investor attention. Currently, Chiliz (CHZ), TMS Network (TMSN), and Arbitrum (ARB) are vying to break through that barrier, and they may manage to do it soon enough.
Chiliz (CHZ) is the official native token of Socios, a blockchain-based NFT platform. Users can buy Chiliz (CHZ) tokens to gain access to fan tokens that grant them a stake in their favorite sports club or organization. Chiliz (CHZ) is created and operated by the eponymous company based in Malta, whose goal is to connect fans to their favorite sports celebrities and clubs in innovative ways. When users buy Chiliz (CHZ) and on-chain NFTs, they also gain the right to participate in the governance of their favorite team.
Chiliz (CHZ) holders can influence jersey designs, team matchups, and even the messages that the captain should wear on his armband, among other decisions. Chiliz (CHZ) has already found many takers, including Manchester City, Juventus Turin, Paris Saint-Germain, FC Barcelona, and even UFC organizations. Chiliz (CHZ) has barely scratched the surface of the sports entertainment industry, and it's close to reaching a $1 billion market cap. From there, it won't take much time for Chiliz (CHZ) to pierce through $10 billion in mcap.
TMS Network (TMSN) is a new non-custodial decentralized exchange. With TMS Network (TMSN), traders and investors can buy and sell a variety of assets, including cryptos, CFDs, equities, and forex. TMS Network (TMSN) is the first DEX to support equity and forex trading. This allows investors to finally trade on a platform that's not run by shady people with vested interests. Every major decision concerning the TMS Network (TMSN) platform is subjected to voting by token holders. Since the decision-making is not centralized, everything is always transparent. Unlike CEXs or fiat exchanges, TMS Network (TMSN) is 100% transparent and not susceptible to sabotaging activities like insider trading.
Since TMS Network (TMSN) began its ICO, its native token has quickly climbed in value and market cap. The platform expects to raise $12 million in funding within the next few weeks, but TMS Network (TMSN) is already showing signs of a bull run that will deliver 1,000% returns. Due to its revolutionary utility, analysts expect that TMS Network (TMSN) will grow by at least 1,000x by the end of 2023, comfortably overtaking the $10 billion psychological barrier.
Arbitrum (ARB) is a new layer-2 scaling solution for Ethereum. Arbitrum (ARB) uses optimistic rollups to execute large blocks of transactions in bulk simultaneously to save time and costs. The native token of Arbitrum (ARB) powers the transactions and is also used for community governance of the platform. One of the many goals of Arbitrum (ARB) is to launch a layer-3 blockchain that allows developers to create and deploy dApps in common programming languages like C++, Rust, etc.
No doubt Arbitrum (ARB) has a huge role cut out for itself in the crypto universe. However, Arbitrum (ARB) did not find many takers for its platform in the early days. In fact, at the time of its launch, Arbitrum (ARB) had an mcap of over $14 billion; that is for less than an hour. Soon after, Arbitrum's (ARB) value crashed from about $11 to less than $1. Analysts expect Arbitrum's (ARB) fortunes to turn around after the launch of Orbit. If Arbitrum (ARB) manages to recover its lost value, it will easily surpass the $10 billion target.
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetworkio
Discord: https://discord.gg/njA95e7au6
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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.