Dogecoin (DOGE) Spikes Up as Elon Musk Appoints Floki as New Twitter CEO, Cardano (ADA) Rallies Following Valentine’s Upgrade, and TMS Network (TMSN) is Pegged as the Future of Decentralized Trading

February 27th, 2023 at 5:18 am UTC · 4 min read

Dogecoin (DOGE) spikes up as Elon Musk appoints Floki as new Twitter CEO, Cardano (ADA) rallies following Valentine's upgrade, and TMS Network (TMSN) is pegged as the future of decentralized trading

Twitter Gets a New CEO — Elon Musk’s Shiba Inu, Floki

Elon Musk recently published a new tweet with a photo of his Shiba Inu dog, Floki, sitting in a chair in Musk’s Twitter office. He jokingly wrote that the “new CEO of Twitter is amazing.” While he seemingly intended this to only be a funny joke tweet, the post actually sparked a Dogecoin surge, leading DOGE market cap to skyrocket by $500 million in a matter of minutes.

DOGE price surged by around 5% in the first 15 minutes following the announcement. Around February 15th, DOGE price sat at $0.082. However, after Musk’s post, DOGE started climbing up, hitting $0.090 by the next day. After briefly dropping to $0.087, Dogecoin then surged again later on the same day, climbing up to $0.090 once again.

Since then, Dogecoin saw a slight correction, going back to $0.084 early on February 17th. But, at the time of writing, DOGE is rising once again, albeit slowly, sitting at $0.087 at the time of writing.

Cardano Rallies after a Valentine’s Upgrade

Another example comes from Cardano (ADA), which surged following Valentine’s upgrade. After dropping constantly for more than a year, ADA price started recovering in 2023 as soon as the year had started, going from $0.2453 on January 1st to $0.412 on February 2nd. After this, ADA price started going down again, leaving Cardano with a value of $0.349 on February 13th.

Things changed for ADA when the new Valentine’s update arrived the very next day. In response to the move, Cardano’s price skyrocketed back up, even slightly exceeding the former level, and hitting $0.4181 by February 16th.

The upgrade that Cardano received will make enhancements to cross-chain functionality for decentralized finance applications built on its network. In other words, the Cardano-built DeFi sector will experience new benefits, such as enhanced cryptographic features, improved cross-chain dApp development on its new smart contract platform, Plutus, and increased interoperability, which is really just another step towards reaching Web 3.0.

TMS Network (TMSN) Might Be the Future of Decentralized Trading

Decentralization is, and has always been, the key concept surrounding the crypto industry. However, due to technical problems, such as the lack of liquidity, decentralized trading was not possible for a long time, which is where centralized exchanges stepped in.

The invention of new technologies and processes, such as AMMs, changed things, allowing for decentralized exchanges and trading platforms to emerge. Of course, even these platforms are constantly getting better, with more advanced ones continuing to appear. In fact, the upcoming TMS Network (TMSN) is believed to be one such platform, and it presents investors with an opportunity to buy its token, TMSN, right now.

TMS Network (TMSN) sale is one of the most anticipated events of the crypto world in February, and it is currently in the pre-sale stage. The price of the TMS Network (TMSN), according to the information on CoinCodex, is only $0.047 per TMSN. The TMS Network’s team has decided on a $3 million softcap, and a $12 million hardcap.

Given the advantages of the decentralized exchange — cutting out the middleman, offering enhanced security, increased privacy, greater autonomy, improved liquidity, and more — it is understandable why the developers expect great demand for the TMS Network (TMSN).

The TMS Network offers other advantages over competitors, such as hassle-free trading, instant deposits and withdrawals, access to a more diverse selection of trading options, thanks to its expansive pool of tradable assets, and instant trade executions. Given that this could become the next leading DEX in the crypto space, getting its tokens early on at a low price offers a great opportunity. With that said, the network’s devs are strongly encouraging investors to check out their product and consider supporting it.

TMS Network (TMSN) presents the best investment option on the which you can follow using the links: Presale, Website, Telegram, Twitter.

Disclaimer: Coinspeaker is not responsible for the trustworthiness, quality, accuracy of any materials on this page. We recommend you conduct research on your own before taking any decisions related to the products/companies presented in this article. Coinspeaker is not liable for any loss that can be caused due to your use of any services or goods presented in the press release.

Share: