• The Shanghai update is expected to cause a massive rally in altcoins such as Filecoin (FIL) and Ankr (ANKR).
• TMS Network (TMSN) is an Ethereum-based protocol that aims to make trading easier, seamless, and better.
• Experts are predicting a surge in the prices of Filecoin (FIL) and Ankr (ANKR), despite their current bearish trend.
Ethereum’s Shanghai upgrade is seeing powerful traction and many experts have predicted a massive rally at the heel of the event. This could potentially boost Filecoin (FIL) and Ankr (ANKR)’s prices.
However, many investors are particular about the TMS Network (TMSN) presale event. TMS Network (TMSN) is a new Ethereum-based protocol built to make trading easier, seamless, and better.
Filecoin (FIL) has seen an enormous decline since its all-time high in April 2021 when its price reached $237; it currently stands at $6.2 which is still about 97% lower than its ATH price. Despite this bearish trend, experts predict that with the Shanghai update there will be a surge in Filecoin’s price.
Ankr (ANKR), which was founded in 2017 to facilitate easy access to web3 infrastructures, has seen impressive growth after reaching an all-time high of $0.23 – more than 20000% increase post launch – but since then it has lost its bullish momentum due to market uncertainties. Nevertheless, experts predict that with the Shanghai Update there will be a surge in Ankr’s price as well.
In conclusion, the Shanghai update presents an opportunity for altcoins such as Filecoin (FIL), Ankr (ANKR), and TMS Network’s cryptocurrency token TMSN token presale event to gain remarkable traction as far as pricing goes if predictions are anything to go by.