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Diversifying a cryptocurrency portfolio has historically been one of the best ways through which investors can reduce the potential losses gained by a volatile market.
By not putting all of their capital within a single cryptocurrency and through diversifying, when one token or coin falls, another can rise and balance things out. This is important, as not every cryptocurrency and project performs equally.
Those in the loop know that getting into the early stages of a project, like in its presale phase, can see the highest growth potential, and this is the case with TMS Network (TMSN). Other cryptocurrencies that have caught investor attention include Casper (CSPR) and Chiliz (CHZ), and today, we will go over why this is the case.
Casper (CSPR)
Casper (CSPR) is a decentralized Layer-1 blockchain that utilizes the Proof-of-Stake (PoS) consensus mechanism and aims to solve issues within competing blockchain projects. The Casper (CSPR) network aims to provide scalability, security, and decentralization by implementing its Correct-by-Construction mechanism.
As of March 23, 2023, the Casper (CSPR) cryptocurrency was trading at a value of $0.03626785. The all-time high of the Casper (CSPR) cryptocurrency was on May 12, 2021, at $1.33. We can see that Casper (CSPR) is trading lower by 97.25% from its all-time high.
In the last seven days, the cryptocurrency saw an increase in value by 2.2%, and its momentum is moving further. If Casper (CSPR) continues its momentum, it can reach new heights.
However, aside from Casper (CSPR), two other cryptocurrencies have grabbed investor attention, and these include Chiliz (CHZ) and TMS Network (TMSN).
Chiliz (CHZ)
Chiliz (CHZ) is a digital currency that empowers sports, e-sports, and other forms of entertainment. It is utilized across the Socios.com platform and specializes in the sports and entertainment industry. Fans can utilize Chiliz (CHZ) to get access to fan tokens, and teams and other organizations can use it to create these fan tokens.
On March 23, 2023, the Chiliz (CHZ) cryptocurrency traded at $0.122094.
Chiliz (CHZ)’s all-time high was on March 13, 2021, at $0.878633. We can see that Chiliz (CHZ) is trading at 86.11%, under its all-time high.
In the last seven days, Chiliz (CHZ) saw an increase in value by 6.6% and can further climb with its current momentum.
TMS Network (TMSN)
TMS Network (TMSN) is a new project that creates a decentralized, Ethereum-based all-in-one platform for trading that will revolutionize the traditional trading industry.
It fundamentally solves one of the key issues that have been a part of exchanges: access. Anyone can connect to the TMS Network (TMSN) platform without creating a separate account, as all they need to do is connect their cryptocurrency wallet.
On top of TMS Network, users can begin trading equities, forex, CFDs, cryptocurrencies, or anything else, all of which is powered by its native token, TMSN.
By holding TMS Network (TMSN) as a token, users can access advanced trading tools and earn commissions from trading volumes generated by other traders.
There’s also access to social trading features, where TMS Network (TMSN) users can copy the trades of successful, experienced traders, and there’s even support for MT4 and MT5.
At its Stage 2 presale, which is already 50% complete, the TMS Network (TMSN) cryptocurrency is offered at $0.032.
Analysts and industry experts predict that TMS Network (TMSN)’s value can climb to $2.20 by the end of Q4, 2023. As such, investors and traders do not want to miss out on the opportunity to get the TMSN token at its presale, as it can become a major force in the blockchain space, and they can sign up for the presale in the links below.
- Presale: https://presale.tmsnetwork.io
- Website: https://tmsnetwork.io
- Telegram: https://t.me/tmsnetwork
Twitter: https://twitter.com/tmsnetworkio
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