The launch of Spark Protocol by MakerDAO, which is part of MakerDAO’s Endgame plan, is helping TMS Network (TMSN) outshine Polygon (MATIC) and Litecoin (LTC). MakerDAO’s Spark Protocol now gives users the ability to lend and borrow several well-known cryptocurrencies. Now TMS Network (TMSN) seeks to take advantage of its current momentum in the crypto market.

TMS Network (TMSN)

The stage 3 presale of TMS Network (TMSN) is seeing the crypto become a bright light during the dark times in the crypto market. Investors of the TMS Network (TMSN) will get access to their Strategy Builder and Trading Bots, two tools that will give TMS Network (TMSN) an edge over other cryptocurrencies. These tools will help investors keep emotional trading to a minimum, something which plagues other cryptos. 

Another factor that makes TMS Network (TMSN) stand out during its presale is how the platform plans to fight against several issues that plague the crypto trading market. The TMS Network (TMSN) platform helps investors combat transaction delays, price manipulation, and lack of price uniformity. TMS Network (TMSN) will accomplish this feat by cutting out the middleman and also with their price aggregation feature. 

Polygon (MATIC)

Polygon (MATIC), which has been around since 2017, has seen a price plummet over the past month. Since the end of April, Polygon (MATIC) has struggled to keep its previous price point of $1.48 it saw earlier in 2023. The decline in the value of Polygon (MATIC) is a two-fold problem, which caused it to be overshadowed by TMS Network (TMSN).

Polygon’s (MATIC) first issue comes from the crypto losing the interest of investors. With Polygon (MATIC) having a decline in new addresses of their blockchain, it signals investors are looking into other cryptos. Their second issue comes from whale investors being spooked by a lack of demand from new investors into Polygon (MATIC). If Polygon (MATIC) can’t get these issues under control, they will continue to go into a deep shadow of darkness.

Litecoin (LTC)

Litecoin’s (LTC) shadow of darkness comes from some troubling numbers the crypto had during 2023. While Litecoin (LTC) is fighting to regain its value, its upcoming halving of the cryptocurrency could help them stop some of its downward trends in 2023. However, the closer Litecoin (LTC) gets to its halving date, the more volatile the crypto has been in the market.

But Litecoin (LTC) is banking that their halving can bring about a boom, much like Bitcoin’s (BTC) halving event did for them. While Bitcoin (BTC) found success in three of its last halving events, it took time for the event to affect the value of the cryptocurrency. If Litecoin (LTC) is putting its eggs in one basket with this event, it could take months to see the potential benefits of Litecoin’s (LTC) halving event.

Conclusion

The story of Polygon (MATIC) shows how a lack of interest can drag down the value of a cryptocurrency in an ever-evolving market. However, Litecoin (LTC) shows how they are resorting to tactics other cryptos have used to increase their value. TMS Network (TMSN) can rely solely on its unique benefits to continue to draw interest to its platform. TMS Network (TMSN) shines bright, while cryptocurrencies like Litecoin (LTC) rely on gimmicks.

Presale: https://presale.tmsnetwork.io

Whitepaper: https://tmsnetwork.io/whitepaper.pdf

Website: https://tmsnetwork.io

Telegram: https://t.me/tmsnetworkio

Discord: https://discord.gg/njA95e7au6

Chainbits is not the source of this content. This article is provided for educational purposes only. Users should exercise caution with investing/dealing with cryptocurrencies and do thorough research prior.