The resurgent bull market which started off 2023, is receding to less aggressive levels, and the bears are pushing the markets down again. Axie Infinity (AXS) and Dogecoin (DOGE) are in the bear’s cross-hairs, and neither token is performing to expectations, with Axie Infinity (AXS) losing 20% and Dogecoin (DOGE) falling 14% in the last 30 days.
Bucking the trend is the decentralized exchange TMS Network (TMSN), which has already returned exponential value to investors.
Axie Infinity (AXS) – Gaming Platform Fails to Deliver
Axie Infinity (AXS) is a blockchain-based game and decentralized ecosystem built on the Ethereum network, which combines elements of gaming, digital collectables, and finance. Launched in 2018, Axie Infinity (AXS) revolves around the concept of Axies, adorable, fantasy-inspired creatures that players can collect, breed, battle, and trade. The game has gained significant popularity, capturing the attention of both gamers and cryptocurrency enthusiasts alike.
At the core of Axie Infinity (AXS) is its Play-to-Earn (P2E) model, which enables players to earn rewards in the form of its native Axie Infinity (AXS) token, and the in-game currency, Smooth Love Potion (SLP). Players can acquire Axie Infinity (AXS) and SLP through various activities, such as participating in battles, completing daily quests, or breeding Axies. These tokens can then be traded on cryptocurrency exchanges or used within the ecosystem to purchase new Axies or upgrade existing ones.
It is concerning that Axie Infinity (AXS) has not reached its full potential, and investors are looking elsewhere.
Dogecoin (DOGE) – Is the Hype Finally Over?
Dogecoin (DOGE) was never meant to be taken seriously. When Dogecoin (DOGE) was created in December 2013 as a light-hearted alternative to established cryptocurrencies like Bitcoin, it was initially intended as a joke.
However, Dogecoin (DOGE) quickly gained a loyal following and developed into a fully-fledged cryptocurrency. While it has no ground-breaking technical features, Dogecoin’s (DOGE) friendly and approachable image, combined with a supportive community, has helped Dogecoin (DOGE) become a popular choice for tipping content creators online and raising funds for various charitable causes.
It can be argued that Dogecoin (DOGE) would have withered away and gone to obscurity had it not been for the troll-like embrace of Dogecoin (DOGE) by Elon Musk. Musk is famously pro-Dogecoin (DOGE). However, without Musk’s tacit endorsement, the vapidity of the coin will be on display, and will lose much of its value.
TMS Network (TMSN) – No Doubt of New Exchange’s Value Offering
Money will always flow towards value, and a lot of money flows to TMS Network (TMSN), a decentralized exchange offering users and investors exceptional value.
TMS Network (TMSN) builds a bridge over the divide between traditional finance assets such as CFDs, Foreign Exchange, and stocks, and the cryptosphere; TMS Network (TMSN) prime point of attraction is that it is the first platform which allows investors to trade derivatives with cryptocurrency.
This alone is already a substantial drawcard to TMS Network (TMSN), but its asset-class offering is underpinned by a robust Ethereum-based trading toolkit that includes a comprehensive library of training material, strategy builders to test the waters, and trading bots to execute trades at the right time.
A founding value of TMS Network (TMSN) is the principle of complete decentralization. Though committing to 100% decentralization, those who own TMS Network (TMSN) tokens directly take ownership of the network itself. TMS Network (TMSN) token holders have proportional voting rights as to the governance of the platform, as well as benefit from revenue sharing from global trading.
Since its first phase of its presale, TMS Network (TMSN) has increased over 700%, and this is only the beginning as TMS Network (TMSN) is now in the second phase of its presale, and profits can be made by acquiring tokens at $0.038.
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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.