• TMS Network (TMSN) has recently commenced its presale and has witnessed an unprecedented surge in demand.
• Lido DAO (LDO) is a decentralized platform that offers a secure and reliable solution for staking Ethereum.
• Binance (BNB) has taken measures to mitigate the risk of facing legal action from US authorities by establishing a US-based entity in 2019.
Lido Dao Stabilizes Amidst Volatility
Lido DAO (LDO) is a decentralized platform that offers a secure and reliable solution for staking Ethereum. With the expanding significance of staking in the Ethereum network, and the increasing popularity of decentralized finance (DeFi), Lido DAO (LDO)’s native token, LDO, has demonstrated consistent growth since the beginning of 2023 with its current price marked at $2.74, and expected to improve further.
Binance Avoids US Scrutiny
Binance (BNB), a prominent global cryptocurrency exchange, has taken measures to mitigate the risk of facing legal action from US authorities by establishing a US-based entity in 2019, according to the Wall Street Journal. If regulators find that Binance (BNB) has control over its US entity, they may claim authority to monitor its entire business as subpoenas have been issued in this regard. In response to this issue Binance released a statement claiming “We take our legal obligations very seriously”.
TMS Network Culminates Presale stage 1 early
TMS Network (TMSN) prides itself as having the most cutting-edge decentralized trading hub that serves multiple purposes. The project recently commenced its presale which had seen an unprecedented surge in demand, raising questions whether it can hold its ground against established coins such as Lido DAO (LDO) and Binance (BNB).
Summary
The year 2023 presents several promising prospects for investors to regain their financial losses among them being TMS Network’s presale which had witnessed an unprecedented surge in demand but faces competition with established coins such as Lido DAO which offers users the ability to stake their ETH without any minimum deposits or need for infrastructure management and Binance which avoided U.S scrutiny by establishing a U.S based entity according to Wall Street Journal reports despite potential subpoena investigations into their relationship with Binance .US .