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Chainlink (LINK) Bulls Charge Ahead, Polkadot (DOT) Bears Loom, TMS Network (TMSN) Booms in Presale Popularity

1y ago
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In this article, we are introducing three tokens that have been making headlines in the crypto space. While Chainlink (LINK) and Polkadot (DOT) have seen mixed results, TMS Network (TMSN) has been booming in popularity during its presale. The latest updates on these three tokens are covered in this article.

Chainlink’s Future Plans Could Drive LINK Price Higher

Chainlink (LINK) serves as a bridge between blockchains, and external data sources. Chainlink (LINK) provides a secure way for smart contracts to access off-chain information, allowing them to become the leading digital agreement. In recent months, Chainlink (LINK) has created several products and services to integrate with various systems in the cryptocurrency industry. However, despite these efforts, Chainlink’s (LINK) growth has been limited. Nonetheless, Chainlink (LINK) has plans to develop new features, including VRFs (Verifiable Random Functions), CCIPs (Cross-Chain Interoperability Protocol), and Price Feeds, which could positively impact the value of LINK. Yet, the demand for one of Chainlink’s (LINK) popular products, VRF, has recently decreased, leading to uncertainty about whether these new upgrades will be sufficient to reignite interest in the protocol. At press time, Chainlink (LINK) is ranked #20 on CoinMarketCap with a market cap of over $3 billion. Chainlink (LINK) is currently trading at $7.47, representing a 2.33% increase in the last 24 hours.

Polkadot’s (DOT) On-Chain Metrics Favor Bears

Polkadot (DOT) has shown more ecosystem development activity than its competitors. However, Polkadot’s (DOT) price didn’t reflect this growth. Polkadot’s (DOT) weekly chart showed a decline. Despite most cryptos benefiting from a bullish market last week, Polkadot (DOT) didn’t gain much momentum, remaining in a less volatile zone. Additionally, Polkadot’s (DOT) Relative Strength Index (RSI), and Chaikin Money Flow (CMF) both registered declines, signaling a bearish development. Nevertheless, Polkadot’s (DOT) Money Flow Index (MFI) recently showed an uptick, and the MACD suggested a bullish advantage in the market, which could help increase its price. Although some optimistic developments happened for the Polkadot ecosystem recently, its on-chain performance still favored bears, with a decrease in demand for Polkadot (DOT) in the derivatives market, and a decline in its social volume.

Don’t Miss Out on TMS Network (TMSN): The Dominant Force in Blockchain Trading

TMS Network (TMSN) is a revolutionary blockchain-based platform that is poised to transform the investment landscape. TMS Network (TMSN) aims to offer a seamless, and straightforward way for anyone to trade stocks, forex, CFDs, and other investment types using cryptocurrency payments directly. With TMS Network (TMSN), users won’t have to create a separate account, as they can quickly connect their wallet and start trading right away.

One of the most significant advantages of TMS Network (TMSN) is its copy trader feature. For those new to the investment space, this feature allows users to copy the trades of successful and experienced traders, making it easy to get started. Additionally, users can access advanced trading tools and MT4 and MT5 Expert advisor compatibility, making trading even more accessible with TMS Network (TMSN).

TMS Network (TMSN) token holders are in for a treat. Not only do they enjoy governance voting rights, but they also gain access to exclusive advanced trading tools. Moreover, token holders can earn a commission fee for every trade made on the platform, making it a lucrative investment.

The Stage 2 presale of TMS Network (TMSN) tokens is currently underway, and it is an opportunity investors and traders can’t afford to miss. Analysts predict that the token’s value could skyrocket to $2.10 by the end of Q4 2023, making it a potentially life-changing investment.

Presale: https://presale.tmsnetwork.io

Website: https://tmsnetwork.io

Telegram: https://t.me/TMSNetworkIO

Twitter: https://twitter.com/@tmsnetwork_io

 

The post Chainlink (LINK) Bulls Charge Ahead, Polkadot (DOT) Bears Loom, TMS Network (TMSN) Booms in Presale Popularity appeared first on CryptoMode.

1y ago
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