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Recent news suggests that Mt. Gox creditors are nearing a payout to the exchange’s customers, causing a negative reaction to the Bitcoin Cash (BCH) price. However, newer cryptocurrencies such as Conflux (CFX) are helping to drive the resurgence in crypto prices. Additionally, TMS Network (TMSN), whose presale’s first stage has already exceeded expectations, is another crypto to watch closely. These two promising cryptocurrencies are expected to lead the way for the upcoming bull season. Let’s take a closer look.
Bitcoin Cash (BCH)
Bitcoin Cash (BCH) is a cryptocurrency that was created in August 2017 as a result of a hard fork from the original Bitcoin network. Bitcoin Cash (BCH) is designed to have faster transaction times and lower fees compared to Bitcoin, and it uses a larger block size to achieve this.
Bitcoin Cash (BCH) also aims to be more accessible and user-friendly, with a focus on enabling peer-to-peer electronic cash transactions. However, after much controversy, it is clear that BTC has won the war as Bitcoin Cash (BCH) continues to slide in value.
Now with Mt. Gox creditors getting closer to paying out to the exchange’s customers, it’s also having a negative effect on the Bitcoin Cash (BCH) price. It seems like nothing can save the forked coin as Bitcoin Cash (BCH) slowly dissolves from crypto’s top table into obscurity.
Conflux (CFX)
Conflux (CFX) is a newer crypto, and although it was launched in the middle of the last bull season, interest is picking up again. Conflux (CFX) is a public, permissionless blockchain platform designed to offer high performance, scalability, and security.
Conflux (CFX) uses a novel consensus mechanism called Tree-Graph to achieve a high transaction throughput of up to 3,000 transactions per second (TPS) without sacrificing decentralization. Conflux (CFX) also utilizes a unique sharding technique that allows for horizontal scaling of the network, meaning that the platform can handle a larger number of transactions and smart contracts without compromising on speed.
The Conflux (CFX) token is used for transaction fees, staking, and governance of the platform, and as it’s a developer-friendly platform, drawing many developers and investors. The Conflux (CFX) price has seen a resurgence of late, and we should expect this and other newer coins to dictate the pace.
TMS Network (TMSN)
TMS Network (TMSN) has exceeded all expectations with its presale. Having sold out the first stage, raising over $500,000, the second stage is only picking up speed as savvy investors get the token before it goes on sale to the general public. But what is TMS Network (TMSN)?
TMS Network (TMSN) aims to fill all the gaps between fiat and crypto exchanges and professional and amateur traders. Currently, DeFi investing is limited to NFTs and cryptocurrencies on most exchanges, overlooking many other investment opportunities. However, TMS Network (TMSN) offers a vast array of assets in one place, including cryptocurrency, stocks, forex, futures, and more.
TMS Network (TMSN) also provides a non-custodial portfolio management solution, allowing investors to maintain full control and anonymity over their assets without the need for an account or background check.
Along with third-party trading analytics and detailed cryptocurrency analytics, TMS Network (TMSN) maximizes returns for investors with a user-focused approach and one of the widest asset portfolios available.
Conclusion
It seems like nothing can save Bitcoin Cash (BCH), as every bit of news affects the price. Conflux (CFX) is gathering a lot of interest with investors as is TMS Network (TMSN), and both are recommended for potentially huge returns.
Find out more about the TMS Network (TMSN) presale below:
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetworkio
Discord: https://discord.gg/njA95e7au6
Twitter: https://twitter.com/tmsnetworkio
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