Across the broader cryptocurrency space, crypto whales play an influential role. Typically, most investors, traders, or even just enthusiastic individuals utilize tools to track their activities. By predicting their next move, users can predict the market’s overall direction.
With this in mind, let’s go over what crypto whales are trading and what has piqued their interest recently.
Ethereum (ETH) and BNB (BNB) whales have begun accumulating the stage 4 presale project known as TMS Network (TMSN). We will explore these projects individually to see why this has happened.
Ethereum (ETH)
Ethereum (ETH) is the second largest cryptocurrency regarding its market capitalization and overall appeal. The Ethereum (ETH) blockchain is known due to its vast ecosystem, as plenty of decentralized applications (dApps) have been developed on top of it, and it has numerous Layer-2 scaling solutions to help its performance.
The Ethereum (ETH) ecosystem has grown even further. On May 17, 2023, Visa showcased two ERC-4337 Paymasters, demonstrating both fully supported and ERC-20 txs. Pimlico.eth also launched a fully audited and permissionless ERC-27 Paymaster.
As of May 20, 2023, Ethereum (ETH) traded at $1,822.78. In the last 30 days, the Ethereum (ETH) cryptocurrency decreased in value by 5.8%. However, its value has begun to recover, as, in the last week, it is up by 1%. In any case, the value of the Ethereum (ETH) cryptocurrency is volatile, and as such, whales have begun to diversify.
BNB (BNB)
The BNB (BNB) cryptocurrency has seen a wide use case across the broader Binance ecosystem.
AvengerDAO was implemented on top of the BNB (BNB) ecosystem and is used to protect its users and developers. With tools like “Meter,” users can get pop-up alerts when interacting with flagged decentralized applications (dApps). With the usage of AvengerDAO, 2.2 million unique addresses were scanned.
Looking at the value of the BNB (BNB) cryptocurrency, on May 20, 2023, it traded at $311.38. BNB (BNB)’s value has not seen much volatility, as within the last 30 days, BNB (BNB) decreased by only 1.7%. In the last 24 hours, BNB (BNB)’s value grew by 0.8%. It is clear that the BNB (BNB) ecosystem is growing and that its value is stable.
TMS Network (TMSN)
TMS Network (TMSN) is a decentralized, Ethereum-based platform that will change how people make investments through the usage of blockchain technology into both cryptocurrencies and any other asset.
Unlike other platforms, on TMS Network (TMSN), users do not need to create an account or deposit FIAT currencies. To use TMS Network (TMSN), users can connect their cryptocurrency wallet and begin trading immediately. Moreover, TMS Network (TMSN) users aren’t restricted to trading cryptocurrencies and can also trade forex, futures, CFDs, stocks, and any other asset.
Users can also leverage the power of the social training infrastructure built on top of the TMS Network (TMSN) to copy experienced traders, and those with experience can implement MT4 and MT5 to utilize expert advisors and training bots.
TMS Network (TMSN) trades at $0.093 during its Stage 4 presale. TMS Network (TMSN) holders can also get commissions based on the trading volume made on the platform. This means the cryptocurrency provides value to its holders but can also be a lucrative opportunity for early investors. Analysts predict it can climb to $2.15 by the end of Q4, 2023.
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/TMSNetworkIO
Twitter: https://twitter.com/tmsnetwork_io
