Crypto Whale Activity On The Rise – Here’s Why They’re Buying Shiba Inu (SHIB), Uniswap (UNI) and TMS Network (TMSN)

The prominent players in the crypto market – known as whales – are the ones to emulate when making trading decisions. Nobody would risk multi-million fortunes without due diligence, and whale activity indicates where the markets are going. The whales have turned their attention to Shiba Inu (SHIB) and Uniswap (UNI) and are now starting to look at TMS Networks’ (TMSN) second phase presale to satiate whale-sized profit appetites.

Shiba Inu (SHIB) – Playful Currency With Serious Profit Potential.

Often referred to as a “meme coin,” Shiba Inu (SHIB) gained popularity following the success of Dogecoin (DOGE). Launched in August 2020, Shiba Inu (SHIB) was initially designed as an experiment in decentralized community building and a lighthearted alternative to traditional cryptocurrencies.

Shiba Inu (SHIB) is an Ethereum-based ERC-20 token, and its ecosystem includes three primary components: SHIB, LEASH, and BONE tokens. These tokens can be used for various purposes, such as staking and providing liquidity within the ShibaSwap decentralized exchange, the native DEX of the Shiba Inu (SHIB) ecosystem.

One unique aspect of Shiba Inu (SHIB) is its tokenomics. It has a massive total supply of 1 quadrillion tokens, and a significant portion (50%) was locked in Uniswap (UNI)’s liquidity pool, while another share (roughly 41%) was sent to Ethereum co-founder Vitalik Buterin’s wallet as a “burn” gesture. In response, Buterin donated substantial Shiba Inu (SHIB) tokens to charity and burned the remaining tokens, effectively reducing the circulating supply.

Though initially created as a playful alternative to established cryptocurrencies, the Shiba Inu (SHIB) community has continued to develop its ecosystem, with plans to expand into NFTs, gaming, and other applications.

Uniswap (UNI) – Flash Swaps Can Make Flashy Profits

Uniswap (UNI) has been a game-changer in decentralized finance (DeFi) by introducing novel concepts that have had a lasting impact on the industry. One such innovation is “flash swaps,” which allows users to borrow tokens from the liquidity pools without providing any collateral if they return the borrowed amount plus fees within the same transaction.

Uniswap (UNI) focuses on simplicity and user experience. The Uniswap (UNI) platform’s intuitive interface has made it easy for users, even those new to cryptocurrencies, to trade tokens without navigating complicated order books or price charts. This user-friendly approach has played a significant role in the mainstream adoption of DeFi applications and has set a benchmark for other DEXes in terms of usability and accessibility.

The one detraction to Uniswap (UNI) is that the platform only supports ERC-20 tokens, and non-Ethereum assets are unavailable on Uniswap (UNI). 

TMS Network (TMSN) – Filling The Gaps in DEX Usability.

TMS Network (TMSN) is a new decentralized exchange set to take the lead as the best all-around exchange in the cryptosphere. Built on Ethereum to provide a solid foundation, TMS Network (TMSN) offers much more than ERC-20 coins. 

Unlike Uniswap (UNI), TMS Network’s (TMSN) smart contract enables it to operate cross-chain and across the digital divide in traditional finance assets. With TMS Network (TMSN), investors can trade in the conventional finance markets and use cryptos to buy derivatives, CFDs, FX, and more. 

The TMS Network (TMSN) token gives ownership of the exchange to those who hold the token, making it fully decentralized and giving investors who hold TMS Network (TMSN) tokens voting rights and a profit share from global trading.

It’s no wonder the whales have already bought up all the first-phase presale tokens in under two weeks providing $500k of liquidity to the project. Now TMS Network (TMSN) is giving further investment opportunities in the second phase of its presale, with tokens available at $0.038.

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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Source: null tx