Crypto Market Outlook: Crypto investors turn to TMS Network (TMSN) as a hedge against losses as Polygon (MATIC) and Cardano (ADA) volatile

by Arthur · March 16, 2023

As the crypto market experiences a fall, investors are looking for alternative assets that can provide them with a hedge against losses. One of these options is the TMS Network (TMSN). The TMS Network (TMSN) has caught the eye of many investors who see it as a promising investment.

At the same time, two of the largest cryptocurrencies, Polygon (MATIC) and Cardano (ADA), have experienced significant falls. This has further fueled the interest in TMS Network (TMSN) that investors are looking for safer and more reliable options. Let’s take a closer look at TMS Network (TMSN) and what makes it an attractive investment in today’s market conditions.

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Cardano (ADA) investors see losses

Investors in Cardano (ADA) are facing losses as the cryptocurrency’s value declines. According to recent data from IntoTheBlock, over 80% of all Cardano holders suffer losses. This figure corresponds to 3.53 million addresses, while only 16% of the total, or 682,920 addresses, are profitable.

In addition, 4% of Cardano (ADA) holder addresses, or 173,770, balance at the current Cardano (ADA) price of $0.33 per token. Moreover, the largest number of Cardano (ADA) purchased at a loss, which amounts to 8.71 billion, is on the addresses of those who bought the token at $0.36 to $0.4.

A total of 25.7 billion Cardano (ADA) were acquired at a loss, four times the amount acquired by profitable investors. As the value of Cardano (ADA) continues to decline, investors are hoping for a reversal of fortune.

The Decline of Polygon (MATIC)

The price of Polygon (MATIC) has fallen steadily in recent weeks. Polygon (MATIC) lost 4% of its value in the last 24 hours. Over the past week, the altcoin has also fallen by about 6%. In early November, the price of Polygon (MATIC) reached $1.20 before falling sharply.

The price of Polygon (MATIC) has seen a free fall after the coin’s value dropped in November. According to the daily chart’s technical view, buyers are not present. It will be challenging for Polygon (MATIC) to stay above the immediate relief level.

Polygon (MATIC) needs to increase its buying power significantly to maintain its position above the local support line. The coin has broken through several significant price floors in the past month. After moving in circles for some time, Polygon (MATIC) lost several customers, causing the coin to plunge back onto the chart.

For most of this month, Polygon (MATIC) was in the seller’s dominant zone. After losing the $0.84 support line, the coin barely recovered. The Relative Strength Index was below 40, indicating more sellers than Polygon buyers (MATIC).

TMS Network (TMSN) appears as a safe haven for crypto investors

TMS Network (TMSN) is gaining attention as a decentralized trading platform that provides investors with a secure, efficient and transparent environment to trade digital assets without relying on a central authority. TMS Network (TMSN) leverages blockchain technology to solve the problems prevalent in centralized trading platforms, including slow transactions, high costs and lack of transparency. This innovative platform has attracted a large number of investors. Consequently, TMS Networks (TMSN) was successful pre-sale raised over $3 million.

Using the TMS Network (TMSN), investors can trade all derivatives, including cryptocurrencies, stock, CFDsand forexusing cryptocurrency payments without a trading account. The not–detention portfolio management solution ensures traders have full control over their assets.

TMS Network (TMSN) tokens can be acquired by traders, allowing them to earn commissions on trading volumes generated by other traders using the TMS platform. The commission allocated to each trader will increase as the platform grows and attracts more users. Currently trading at a discounted price of $0.038 in the presale, the TMS Network (TMSN) token is expected to do so increase by 100x by the end of the year. TMS Network (TMSN) is poised to revolutionize the e-commerce industry.

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