Since Bitcoin took over blockchain and decentralized finance, few projects have been able to meet up with its monumental rise in demand. However, TMS Network (TMSN) and its newly launched decentralized trading hub are breaking all rules while setting the standard for seamless and efficient trading. Its presale was met with great enthusiasm from investors as the token jumped by 1600% to overshadow renowned projects like Polygon (MATIC) and Chainlink (LINK). Is TMS Network (TMSN) the future of trading? Find out below.
Chainlink (LINK) Slump By 8% in 24 Hours as Bearish Pressure Worsens
The cryptocurrency market has been facing a bearish trend for the past few weeks, and Chainlink (LINK) is no exception to this trend. The decentralized Oracle network and interoperability platform lost over 8% as bearish pressure worsened. For years, Chainlink (LINK) has been an instrumental change in the blockchain space, providing a decentralized protocol for aggregating, accessing and connecting real-world data to smart contracts.
Currently, Chainlink (LINK) is trading at $7.9 as price nears monthly support level. While Chainlink (LINK) suffers plummeting adoption, overall negative market sentiments continue to send a rippling shake to the whole crypto market. Although integrating NFTs and growing partnerships can help Chainlink (LINK) regain its strength, investors are already diversifying with newer innovative projects, including TMS Network (TMSN).
Polygon (MATIC) Lose Momentum Despite Much-Anticipated zkEVM Launch
Despite its groundbreaking scalability solution, Polygon (MATIC) has suffered a pull down the south due to market conditions. This seems unprecedented because Polygon (MATIC) is one of the notable layer two networks on Ethereum. Polygon (MATIC) has grown so vast in adoption that it is now the most used chain in gaming, digital representation, DeFi and dApp development. It uses the Polygon (MATIC) SDK, which features a flexible and reliable framework for app development.
Despite launching its anticipated zkEVM scaling protocol, Polygon (MATIC) has lost over $9 billion in TVL value in less than a year, signifying the fallout of developers and users. Even worse, the Polygon (MATIC) token is 62% behind the all-time high price of $2.9 in December 2021. Meanwhile, growing competition from other networks and layer-2 solutions makes it harder for Polygon (MATIC) to thrive. Since Ethereum is back to proof-of-stake, it is only a matter of time before Polygon (MATIC) loses its importance.
TMS Network (TMSN) Sees Record-Breaking Growth, Overshadow Polygon (MATIC) and Chainlink (LINK)
TMS Network (TMSN) has established itself as a DeFi and crypto giant after seeing unprecedented value growth at ongoing presale and knocking off established assets like Polygon (MATIC) and Chainlink (LINK). TMS Network (TMSN)’s monumental success is due to its much-needed value proposition for traders to securely and efficiently trade assets without intermediaries.
Essentially, TMS Network (TMSN) aims to shield traders from the inefficiencies of traditional trading but provides a tamper-proof and transparent platform. Furthermore, TMS Network (TMSN)’s unique features, such as low transaction fees and fast confirmation times, have made it a popular choice among traders. The platform’s user-friendly interface also makes it easy for beginners to start trading assets, including cryptocurrency, forex, stocks, ETFs, etc.
TMS Network (TMSN)’s record-breaking growth is a testament to its uniqueness and the demand for more secure and efficient platforms in the DeFi market. Its presale raise has surpassed $4 million in less than 3 months while token value grows daily. The TMS Network (TMSN) token is currently trading in the third presale stage for $0.085, and experts are speculating a 100x rise as launch nears.
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.