Surprise Market Rebound Sends Fantom (FTM) and TMS Network (TMSN) Presale Soaring While Cardano (ADA) Falls Flat. Here’s What Investors Need to Know

2022 was not the best year for crypto, but thankfully, 2023 is looking a lot better. Tokens such as Fantom (FTM) and TMS Network (TMSN) have been sent soaring thanks to the market rebound along with presale opportunities, but this isn’t the case for every token – Cardano (ADA) has been tanking heavily. 

So, why is it that Fantom (FTM) and TMS Network (TMSN) are thriving right now, whilst Cardano (ADA) doesn’t seem to be benefitting from the market rebound? Here’s what you need to know as an investor. 

Fantom (FTM) 

When people think of market rebounds, they often think of meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB) reaching dizzying new heights, but without tokens such as Fantom (FTM), this would be impossible. Fantom (FTM) provides scalability solutions for the crypto industry, helping tokens tackle the insane demands of the industry with flexibility and interoperability. 

2023 is set to see a significant crypto market rebound, and Fantom (FTM) will benefit greatly from this. With the all-time high of Fantom (FTM) reaching $3.3 and its current value being just $0.44, Fantom (FTM) has a ton of room to grow and it would seem that not even the likes of TMS Network (TMSN) can stop it.

TMS Network (TMSN)

TMS Network (TMSN) is a decentralized investment platform that is currently disrupting the crypto industry significantly. The TMS Network (TMSN) platform empowers investors to invest in all derivatives such as CFDs, FX, equities, and of course crypto within the same platform, which is also home to a vast library of educational resources, advanced analytic tools, and even AI trading bots. 

TMS Network (TMSN) will certainly benefit from the market rebound, but it also has the cutting-edge and innovative features necessary to survive on its own, regardless of market sentiment. Furthermore, TMS Network (TMSN) recently launched an ongoing presale, the first stage of which sold out rapidly! This contributed $500,000 to the pre-raised $2 million, and these factors combined set out a promising year for TMS Network (TMSN). 

Cardano (ADA)

One of the biggest challenges the crypto industry faced in the past was sustainability – the PoW (Proof of Work) protocol of Bitcoin (BTC) was too inefficient to operate sustainably, but luckily tokens such as Cardano (ADA) came along. Cardano (ADA) uses a PoS (Proof of Stake) protocol to operate its blockchain, which is validated through financial investment instead of energy-hungry computer GPUs, making for a far more sustainable approach to crypto. 

However, PoS protocols have existed for a decade now, so the idea is not as fresh as it once was, with Cardano (ADA) facing enormous competition from other PoS tokens. Furthermore, Cardano (ADA) has recently had a lot of negative press surrounding its founder, and these combined factors will make it likely for Cardano (ADA) to tank in 2023, despite the overall market rebound.

Final Thoughts 

Most people are happy to see tokens such as Fantom (FTM) and TMS Network (TMSN) grow amongst the current crypto market rebound, although the same cannot be said for Cardano (ADA) unfortunately. However, if it took a leaf out of the book of Fantom (FTM) and TMS Network (TMSN) and focussed on cutting-edge innovation, Cardano (ADA) could still benefit from the 2023 bull run.

Fantom (FTM) is looking good, but it simply does not compare to the bullishness of TMS Network (TMSN). Whilst it’s already too late to invest in the first stage of the TMS Network (TMSN), you can still get involved in the second stage, so don’t wait around any longer! 

Presale: https://presale.tmsnetwork.io

Whitepaper: https://tmsnetwork.io/whitepaper.pdf

Website: https://tmsnetwork.io

Telegram: https://t.me/tmsnetworkio

Discord: https://discord.gg/njA95e7au6

Twitter: https://twitter.com/tmsnetworkio

Chainbits is not the source of this content. This article is provided for educational purposes only. Users should exercise caution with investing/dealing with cryptocurrencies and do thorough research prior.