Aave Considers Dropping BUSD as Bitcoin Holds Strong and TMS Network (TMSN) Gives Investors During Presale – Cryptopolitan
We’ve all heard the phrase “calm after the storm,” but looking at the crypto world now, it seems to be more of a case of “storm after the calm.” Calm isn’t really the right word to describe 2022 when crypto crashed and burned around and government scrutiny of crypto platforms became a bigger issue.
In 2023, the crypto market seems to be storming back. That means a combination of weird and wonderful things, with the weird best illustrated by the shenanigans at Aave and the wonderful illustrated by Bitcoin’s (BTC) strength and TMS Network’s (TMSN) pre-sale.
Aave may be about to dump BUSD
Aave is a popular, decentralized lending protocol that runs according to the governance model. BUSD is a stablecoin issued by Paxos that appears to be under investigation by the US Securities and Exchange Commission. It seems that Aave members have “become uneasy” about the development because one of the members has put forward a proposal to suspend BUSD from the platform. Presumably the proposal will have to be put to a vote, but Paxos has announced that they will stop minting BUSD before the end of February 2023. That could render any Aave vote redundant. Pending the outcome of any investigation, BUSD looks very shaky.
Bitcoin (BTC) makes headlines with gains, despite US crash
On the other hand, Bitcoin (BTC) has been dominating the news because Bitcoin (BTC) not only holds its value but also makes money. Despite governments around the world tightening cryptocurrency regulations, Bitcoin (BTC) continues to increase in value, currently above $24K, leading to bullish sentiment in the cryptocurrency market.
Bitcoin (BTC) is the most well-known cryptocurrency worldwide, and the cryptocurrency market as a whole tends to follow Bitcoin’s (BTC) lead. Because Bitcoin (BTC) has maintained a largely positive reputation recently, crypto enthusiasts tend to move to Bitcoin (BTC) when other altcoins are not performing well or if the market is in turmoil, such as in 2022.
TMS Network (TMSN) appears to be sweeping away the dead wood
TMS Network (TMSN) is about to really shake things up, and not just in the crypto world. It’s an Ethereum-based comprehensive trading platform that solves so many problems and includes so many exciting features that it’s actually a struggle to decide which one to list first.
The TMS Network (TMSN) platform is designed to be intuitive and easy to use, allowing users to trade not only cryptocurrency, but a wide range of assets, including stocks (shares), FX (fiat currencies) and CFDs. TMS Network (TMSN) also includes trading education in its box of tricks. Don’t know how to shop? Never shopped before? Daunted by the whole subject of trade? Well, TMS Network (TMSN) thought about these issues and came up with an answer that consists of one full range of resources and tools, including guides, webinars and training videos. Nor is the training section for TMS Network (TMSN) intended only for beginners or the uninitiated. Even experienced traders can learn new tricks and tips and scale up their skills from the range of materials that TMS Network (TMSN) has to offer.
At the time of writing, TMS Network (TMSN) is in phase 1 of the presale phase, and the price of the TMS Network native token, TMNS, is $0.0047. This price is sure to rise significantly, offering excellent returns for early investors.
Conclusion
TMS Network (TMSN) brings something truly disruptive – a new trading platform that focuses on financial and economic literacy at its core. TMS Network (TMSN) has been very well thought out and it seems that the developers have learned not only from past mistakes, but from the shortcomings of the sector as it exists today. It is clearly a platform that is in it for the long haul and is aiming for the top spot – perhaps even rivaling Bitcoin (BTC). They have every opportunity to achieve it.
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