von • Elon Musk has expressed his appreciation for Dogecoin (DOGE) and Shiba Inu (SHIB). His support of DOGE is based on its community-driven nature, charitable efforts, and user-friendly features.
• Shiba Inu (SHIB) has continued to thrive despite the fact that Musk does not have any ownership in it. SHIB was launched on the Ethereum blockchain in August 2020 with the intention of creating a decentralized finance token.
• TMS Network (TMSN) is now in the first phase of its presale and might be able to replicate the success of Dogecoin (DOGE) and Shiba Inu (SHIB).
Dogecoin (DOGE)
Elon Musk has expressed his appreciation for Dogecoin (DOGE). While his specific reasons for liking Dogecoin (DOGE) are unclear, he has mentioned a few factors that contribute to his interest in it. Musk has cited his support of Dogecoin’s community-driven nature, its charitable efforts, and its user-friendly features which makes it suitable for small and microtransactions due to swift confirmation times and affordable transaction fees. His tweets and comments about Dogecoin have also generated publicity for the cryptocurrency which helps increase visibility and popularity.
Shiba Inu(SHIB)
Shiba Inu(SHIB) was launched in August 2020 on the Ethereum blockchain with an aim to create a new decentralized finance(DeFi) token inspired by popular memes such as “Doge”. Despite not having any ownership in SHIB, it has continued to thrive due to its low supply of tokens which allows investors to benefit from price appreciation when demand increases. Moreover, Elon Musk’s tweets about SHIB have created more publicity thus increasing its visibility among investors.
TMS Network’s Presale
TMS Network(TMSN) is now in the first phase of its presale hoping to replicate the success of both DOGE and SHIB by providing investors staggering amounts of money through price appreciation when demand rises due to low supply tokens just like what happened with DOGE & SHIB. However, there is no guarantee whether this will happen or not as every coin carries inherent risks associated with investing in cryptocurrencies.
Conclusion
The success stories of both Dogecoin & ShibaInu provide hope that lightning can strike again with TMS Network’s Presale but one must always remember that investing carries some inherent risks associated with cryptocurrencies so do your own research before making any decision regarding investments!
Disclaimer
This article should not be taken as investment advice nor should it be used as a basis for making investment decisions; please consult financial advisors before making any investments related decisions!
