There’s always something rattling the crypto industry as it evolves. Right now, many traders are focused on the new exciting project called TMS Network (TMSN). Even though TMS Network (TMSN) is only in the second phase of its presale, the platform is proving to be a prominent for...
The success of the project has caused some uncertainty for other cryptocurrencies, two of which include Dogecoin (DOGE) and BNB (BNB).
Dogecoin (DOGE)
Anyone who has ever heard of cryptocurrency has likely heard Dogecoin’s (DOGE) name on occasion. A cryptocurrency that went viral, Dogecoin (DOGE) has a dedicated fanbase of cryptocurrency investors. Dogecoin (DOGE) comes with a pretty simple use case, as it’s a peer-to-peer cryptocurrency that can be traded or used for various goods and services.
Interested traders can mine Dogecoin (DOGE); they can participate as a solo effort or by joining a mining pool. Dogecoin (DOGE) isn’t as popular as it once was, but that doesn’t mean it doesn’t have any relevance.
Many traders still believe in the Dogecoin (DOGE) project, but it’s far from the lucrative state it was once known for. Nevertheless, you can grab Dogecoin (DOGE) for $0.08 and ride the wave until it sees better days.
BNB (BNB)
This is a cryptocurrency that has seen quite a bit of success since it was released. BNB (BNB) was created to support various Binance projects. There isn’t too much to be concerned with regarding BNB (BNB), other than the fact it has a pretty high entry gate.
BNB (BNB) is available at $318, which is steep for most everyday traders. Nevertheless, BNB (BNB) continues to find relevance through various Binance projects, and its chart looks healthy for the most part.
For early investors, BNB’s (BNB) growth has definitely paid off, but it doesn’t leave much room for new investors. Gaining interest from new traders is becoming more difficult due to the growth of TMS Network (TMSN). Regardless of BNB’s (BNB) periods of trial and error, backing from Binance should be able to keep it afloat.
As time goes on, investors can expect to see more use cases for BNB (BNB). Even if BNB (BNB) isn’t available to the everyday trader, high rollers are taking advantage where they can. Moving forward, BNB (BNB) will only increase in relevance as Binance developments continue.