TMS Network (TMSN) Attracts Deluge Of Investors While Arbitrum (ARB) And Optimism (OP) Bear The Brunt Of Price Drops

Arbitrum (ARB) Plunges Amid Bearish Speculation of Sub-$1 Price

Arbitrum (ARB) is facing a downturn, with its market performance declining. Arbitrum’s (ARB) market cap stands at $1.4 billion, with a circulating supply of 1.2 billion tokens. However, Arbitrum (ARB) has fallen 37.3% below its all-time high of $1.80. Over the past week, the price of Arbitrum (ARB) has dropped by nearly 5%. The daily transaction volume for Arbitrum (ARB) has plummeted by 92% despite an increase of 41% in active addresses on its network between May 8 and May 22. The largest Arbitrum (ARB) whale cohort, holding between 10 million and 100 million tokens, has started selling their holdings. They have offloaded over 130 million Arbitrum (ARB), worth around $145 million at the current market price of $1.12. Considering their influence on price, Arbitrum (ARB) could drop below $1 if they continue selling.

Given the lack of a consequential increase in daily Arbitrum (ARB) transaction volume, token holders may witness a considerable price drop in the near future. The current market outlook for Arbitrum (ARB) remains pessimistic, with bearish speculation indicating a sub-$1 price for the cryptocurrency.

Optimism (OP) Price Plummets Leading Up to Hard Fork

Optimism (OP) has experienced a notable decline in both market sentiment and price. With a market cap of $544.9 million, and a circulating supply of 335.4 million, the current state of Optimism (OP) is far from optimistic. Over the past week, the price of Optimism (OP) has fallen by 5.36%, indicating a downward trend. In the last 24 hours, Optimism’s (OP) price has declined by 3.10%. Priced at $1.62, Optimism (OP) is 50.22% below its all-time high of $3.26.

Despite these bleak numbers, Optimism (OP) is poised for a prominent upgrade known as "bedrock," scheduled for implementation on June 6. This hard fork, proposed earlier this year, and subsequently approved by the Optimism (OP) community in April, aims to introduce modularity, simplicity, and Ethereum equivalence for the platform's layer two solutions.

However, the overall market structure and price action surrounding Optimism (OP) are bearish. Technical indicators suggest that Optimism’s (OP) price may break recent support levels, potentially leading to further declines. These factors have resulted in users migrating to TMS Network (TMSN) in the hope of higher returns.
Investor Frenzy as Over $5.6 Million Floods Into TMS Network (TMSN)

TMS Network (TMSN) has captured the attention of investors with its groundbreaking decentralized trading platform. TMS Network (TMSN) had an astronomical stage 2 presale success, and its ongoing 3rd presale has seen 50% of tokens subscribed. TMS Network (TMSN) has become a strong choice among investors. Trading at $0.097, TMS Network (TMSN) has raised an astounding $5.6 million, attracting investors with its secure, efficient, and transparent platform.?

TMS Network (TMSN) eliminates intermediaries, reducing costs, and enabling faster transactions. TMS Network’s (TMSN) user-friendly interface and commitment to financial education have further propelled its appeal. TMS Network (TMSN) is revolutionizing the industry, and investors are eagerly joining the frenzy, recognizing the immense potential of this innovative asset.

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