• Conflux (CFX) and Shiba Inu (SHIB) have been on the rise lately due to their recent partnerships and China potentially legalizing crypto buying/selling.
• Conflux has seen a vertical rise in its price, earning users more than 1000% returns, while Shiba Inu has done well with a 50% return so far this year.
• Investors interested in furthering their crypto journey should consider investing in TMS Network (TMSN), but should take note of the risks involved.
Overview
Conflux (CFX) and Shiba Inu (SHIB) have been on the rise lately, with Conflux breaking out while Shiba Inu finally managing to overcome the downtrend it had been experiencing. Meanwhile, investors looking for new potential investments may want to consider TMS Network (TMSN). This press release outlines what CFX and SHIB holders should know before investing in TMSN.
Conflux’s (CFX) Investors Have Had a Good Run
Shanghai Tree-Graph Blockchain Research Institute, popularly known as Conflux, is the only blockchain in China that complies with current Chinese legislation. It recently partnered with China Telecom to introduce Web3-enabled mobile devices using blockchain-powered SIM cards, as well as entering into a strategic partnership with Little Red Book— an NFT-social media platform. These developments have led to speculation that China could legalize crypto buying/selling; this news has caused Conflux’s price to soar and investors have earned more than 1000% returns.
Shiba Inu (SHIB) Lacks Differentiation
Though initially starting out as a joke on rival Dogecoin, SHIB has done well for itself and gained over 50% return so far this year. However, even at its peak in 2021 it was priced at $0.00008845; for SHIB to retrace its 2021 bull run it needs billions of dollars’ worth of investment along with a utility-driven use case.
Investing in TMS Network (TMSN)
For those looking to further their crypto journey by investing in TMS Network (TMSN), they must take note of the risks involved before doing so; such risks include market volatility and loss of capital due to external factors beyond one’s control or understanding. Additionally, investors must also keep an eye on regulatory updates as these can affect TMSN’s token value significantly if not anticipated properly beforehand.
Conclusion
Conflux & Shiba Inu have seen great success recently due to various factors; however before investing in any token such as TMS Network one must be aware of all the associated risks and always keep an eye on regulatory updates which can drastically affect token values if not monitored carefully.