The recent downturn in the crypto space has left many established projects wallowing in bearish pressure. Since 2023 started, Cardano (ADA) and EOS (EOS) have lost momentum as TMS Network (TMSN)’s decentralized trading hub trailblazes.
TMS Network (TMSN) has emerged as a dominant player with its cutting-edge trading solutions. The platform has caused a stir in the industry with its impressive 2240% revenue spike. Why is TMS Network (TMSN) so unique that Cardano (ADA) and EOS (EOS) are squaring off to keep up? Read on to find out more about the potential of TMS Network (TMSN) and how it is changing how people trade.
Cardano (ADA) Struggles to Maintain Recovery
Cardano (ADA)’s groundbreaking approach to scalable blockchain, DeFi, and dApp development has rapidly gained attention in the crypto space. Unlike traditional blockchains that rely on a proof-of-work protocol, Cardano (ADA) uses a hybrid proof-of-stake Ouroboros algorithm that consumes significantly less energy and is more environmentally friendly.
One of Cardano (ADA)’s unique features is its two-layered architecture, with one layer for handling low-fee transactions and the other for running dApps and smart contracts.
However, despite years of research and marketing, Cardano (ADA) struggles with a small DeFi/NFT ecosystem and a lack of EVM compatibility, all hindering its adoption. Consequently, the Cardano (ADA) token is falling down a slippery slope while struggling to maintain its recovery, especially with increasing competition from established blockchain networks. Since attaining an ATH price of $3 in 2021, the Cardano (ADA) token has lost over 85% of its value and is now trading at $0.45.
EOS (EOS) Plummets to 95% Below ATH as Adoption Sinks
The EOS (EOS) blockchain platform has been facing some significant challenges recently, resulting in a sharp decline in the value of its native cryptocurrency, EOS (EOS). Currently, EOS (EOS) is trading at $1.24, nearly 95% below its all-time high of $22.9 in April 2018. The primary cause of this decline is the dwindling adoption of the platform. At its peak, EOS (EOS) is designed to be a more performant operating system that can support industrial-scale decentralized applications with no transaction fees.
However, this comes at the cost of some loss of decentralization as compared to the Bitcoin and Ethereum blockchains. EOS (EOS) is highly centralized, with only 21 Block Producers and is not censorship-resistant. Furthermore, running a node on the EOS (EOS) network is prohibitive for most users, making it difficult for the network to achieve true decentralization. These factors make the EOS (EOS) network less attractive to developers and users.
TMS Network (TMSN) Champions Innovative Trading, Rises by 2240% in Revenue
More and more investors and traders are always looking to capitalize on the potential of emerging asset classes, and TMS Network (TMSN) has been making waves as the next blue chip investment due to its revolutionary trading features. TMS Network (TMSN) is a new decentralized platform that is taking conventional trading to the next level.
Unlike other platforms that rely on centralized servers and administrators, TMS Network (TMSN) leverages blockchain’s decentralization, making it more resilient to attacks and less prone to downtime, ensuring that traders can always trade cryptocurrencies and derivatives seamlessly.
TMS Network (TMSN) has established itself as a disruptive force by offering an easy-to-use, crypto-powered, and secure platform equipped with the latest trading tools. Its STP execution style and high liquidity ensures lightning-speed trading at a low cost.
TMS Network (TMSN) has attracted thousands of investors, with presale raises of over $4.0 million and generating a staggering 2240% gain for those who participated. This impressive performance has helped TMS Network (TMSN) establish itself as a serious contender in decentralized trading. It is poised to take on even bigger players like EOS (EOS) and Cardano (ADA).
TMS Network (TMSN) is open to anyone who wants to earn more and have a say in the platform’s growing mission. Each token goes for $0.08, making it easier for regular investors and venture capitalists to buy. For more information, visit the links below:
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.