The crypto space has been in the news lately, with the sector witnessing major gains from various tokens and cryptocurrencies. But while the potential returns on such investments can be appealing, this article takes a closer look at why Gifto (GFT) could have outperformed expectations, and explains why infusing in TMS Network (TMSN) could be a shrewder move for long-term conquest.
Gifto (GFT) brings major returns
As cryptocurrency exchanges have announced their support for a token rebranding, a low-profile altcoin based on blockchain gifting has surged 268% in the past week. The current token swap is the key driver of the Gifto (GFT) price increase. Following an investment of $2.5 million from Poolz Ventures in 2023, the virtual-gifting platform appears to have been relaunched. Gifto (GFT) will expand its product line with the help of the investment and pooled marketing resources provided by Poolz. Gifto (GFT) stated it had to re-create its native token to accommodate its new product line.
The developers have initiated changes from the former Gifto token, GTO, to the new token, GFT. Additionally, Binance’s completion of relisting the token as part of its support for the present transition is another stimulus for the Gifto (GFT) price growth. Not only Binance but many other exchanges have recently listed Gifto (GFT). Gifto’s new token, GFT, massively increased in value after the listing announcements. Currently, Gifto (GFT) has a price above $0.14 and a trading volume of over $125 million on Binance. However, the future of Gifto’s current upswing is uncertain. In general, cryptocurrency values that rise sharply in the immediate aftermath of a listing fall when the excitement dies off. Thus, experts recommend not buying or holding Gifto (GFT) tokens for long to avoid losses.
TMS Network (TMSN) – the most efficient exchange
TMS Network (TMSN) has started gaining traction recently because it offers a number of advantages. First, a decentralized platform like TMS Network (TMSN) is more secure than centralized exchanges because the former reduces the risk of hacking and theft across the network, making it difficult for hackers to target a single exchange. Decentralized exchanges typically offer lower fees than centralized exchanges because no middlemen are involved in processing trades.
Thus, TMS Network (TMSN) has been getting increasingly popular. Since TMS Network (TMSN) is a decentralized exchange built on blockchain, it is highly secure and cannot be hacked or manipulated. TMS Network (TMSN) offers trading features unavailable on other decentralized exchanges. TMS Network (TMSN) offers a risk-free and transparent platform to trade stocks, CFDs, Bitcoin, and FX – all in one place.
This makes trading on TMS Network (TMSN) faster and easier than on other platforms. Moreover, TMS Network (TMSN) has its native token, which can be used to pay fees and access exclusive features on the platform. Currently, TMS Network (TMSN) has launched its ICO at a price of $0.0047. In the near future, experts predict that TMS Network (TMSN) will skyrocket, bringing huge returns to token holders from the incentives that come with the commission revenue model.
Find out more below here:
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.