High burn rate of Shiba Inu and Terra Classic tokens makes investors worried, While TMS Network raises over $3 Million in presale

While Shiba Inu (SHIB) and Terra Classic (LUNC) have reported a gigantic amount of token burns, TMS Network (TMSN) have raised $3 million in investments from industry leaders. Read ahead to learn what makes TMS Network (TMSN) so special and worthy of such huge investments.

Shiba Inu (SHIB) burn rate up 2,452.5%

Shiba Inu (SHIB) is one of the most popular meme cryptocurrencies of recent times. It is based on the Shiba Inu dog, which became popular due to memes, and is also featured on Dogecoin. Shiba Inu (SHIB) is the Ethereum alternative to Dogecoin, and also refers to itself as the “Dogecoin Killer.” There have been multiple spikes in the burn rate of Shinu Iba (SHIB) recently. In a day, almost 602,508,566 Shiba Inu (SHIB) tokens were burned by whales, which increased the burn rate to 2,452.5%. This is speculated to be the result of the release of Shibarium Beta, the layer 2 protocol of Shiba Inu (SHIB). As for Shiba Inu’s (SHIB) market standing, it is currently trading at the price of $0.000011. Shiba Inu (SHIB) has also gone up by 2.4% in value, within a day. However, Shiba Inu (SHIB) is still 87.4% below its all-time high price of $0.000088. Hence, it might not be the best time to invest in Shiba Inu (SHIB).

Terra Classic (LUNC) 100% below its all-time high

Terra Classic (LUNC) uses fiat-pegged stablecoins to stabilize global payment systems. By using fiat-pegged stablecoins, Terra Classic (LUNC) aims to differentiate itself from the competition by combining the benefits of cryptocurrencies with the fiat currencies’ daily price stability. Binance recently conducted the 7th Terra Classic (LUNC) burn mechanism, where it burned a tremendous amount of coins. Reportedly, over 8.8 billion Terra Classic coins were burned, and has now contributed to the total of 29 billion LUNC burned by Binance. Terra Classic (LUNC) is now trading at $0.00013. In the past 24 hours, Terra Classic (LUNC) has jumped by over 5.3%, which comes as a great relief after a bad performance last week. Terra Classic is also a shocking 100% below its all-time high price of $119.1. In these conditions, it can’t be said whether Terra Classic (LUNC) would be an ideal investment.

TMS Network (TMSN) takes crypto world by storm

TMS Network (TMSN) is the newest addition to the blockchain and crypto space that has shown immense potential for growth. TMSN aims to create a decentralized trading platform that enables anybody to directly trade varying assets using cryptocurrencies. To trade any asset class through TMS Network (TMSN), such as stocks, currencies, forex, etc., users must first link a wallet. TMS Network (TMSN) conducts all transactions in the safest and most efficient way. TMSN also eliminates middlemen, and thus helps in processing transactions more quickly and cheaply than other options in the market. TMSN has an extremely user-friendly interface, which makes it easy to navigate for novice traders. As a result, TMS Network (TMSN) has become quite popular, and has been attracting new traders. Additionally, TMS Network (TMSN) also empowers traders by providing them information related to market analytics and trading patterns. Another perk of using TMS Network (TMSN) is its revenue sharing system.

TMS Network (TMSN) places a small fee on every trade made on the platform. This revenue is then shared between the platform and TMSN token holders. Hence, using TMS Network (TMSN) not only helps and equips you with knowledge, it also pays you. TMS Network (TMSN) is currently in its second phase of presale, and has a bright future ahead of it, according to experts. TMS Network (TMSN) is currently trading for $0.038, and has raised over $3 million. It is the best time to invest in TMS Network (TMSN) to reap future benefits.

Presale: https://presale.tmsnetwork.io

Website: https://tmsnetwork.io

Telegram: https://t.me/TMSNetworkIO

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