Crypto Industry News: TMS Network (TMSN) Presale Sells Out In Phase One, Dogecoin (DOGE) Price Falls, and Polygon (MATIC) Dips To $1.24

| Publish date: 03/08/2023 (Last updated: March 08, 2023 06:26 AM)
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The US Federal Reserve has hinted at further interest rate hikes to combat high inflation. Investors do not like uncertainty, and all markets, crypto and traditional, dropped. Crypto stalwarts Dogecoin (Doge) and Polygon (MATIC) both took a pounding in the markets at the release of the news, but TMS Network’ (TMSN) second phase presale is going strong. 

 

Polygon (MATIC) – Excellent Developer Platform Fails To Live Up To Potential.

Polygon (MATIC) was initially created in 2017 as an ERC-20 token on the Ethereum blockchain to provide a scalable and efficient infrastructure for building and deploying decentralized applications (dApps) and smart contracts.

In early 2021, the platform rebranded from Matic Network to Polygon, expanding its capabilities beyond just being a scaling solution for Ethereum. Polygon (MATIC) now supports interoperability with other blockchains and allows developers to create and deploy dApps on its own network as well.

One of the critical features of Polygon (MATIC) is its high scalability and low transaction fees, which make it an attractive option for developers looking to build decentralized applications. In addition, Polygon (MATIC) also offers a robust set of developer tools and resources, such as the Polygon (MATIC) SDK and Polygon (MATIC) Studios, to help facilitate the development process.

Despite this promising solution, Polygon (MATIC) has taken a beating on the crypto markets since the Fed signaled hawkish intentions. 

 

Dogecoin (DOGE) – A Popular Coin With More Than Mere Populism To Back It, Or A Bubble About To Burst?

Inspired by a popular meme featuring a Shiba Inu dog, Dogecoin (DOGE) was created as both a criticism and a joke on Bitcoin, intending to show cryptocurrencies’ “value-less” nature. A joke which did not age well, as Dogecoin (DOGE) became one of the highest-yielding cryptos ever invented.

This rapid increase in Dogecoin’s (DOGE) value was primarily fuelled by the “memestock” trend on Reddit, Elon Musk’s tweets, and the broader crypto market boom.

Although Dogecoin’s (DOGE) increased value attracted significant media attention, it remains a highly volatile investment with no guarantee of future performance. Critics speculate that Dogecoin (DOGE) is only popular thanks to Elion. Should Mr Musk decide to stop his implied endorsements, Dogecoin (DOGE) will return to the value-less joke it was intended to be. 

Although Dogecoin’s (DOGE) increased value attracted significant media attention, it remains a highly volatile investment with no guarantee of future performance. Dogecoin’s (DOGE) price has dropped sharply since the Fed’s announcement and so far has not signaled a return to form. 

 

TMS Network (TMSN) – Presale Figures Sends Strong Bull-Market Signals

While the markets all dropped on the back of the Fed’s announcement, the ICO (Initial Coin Offering) from TMS Network (TMSN) did not as much as flinch.

TMS Network (TMSN) is a new decentralized exchange set to burst on the market. Built on the Ethereum blockchain, TMS Network (TMSN) promises to be the go-to exchange for cryptos and other assets such as foreign exchange, CFDs and derivatives. 

It is axiomatic in the investing world that initial coin offerings are springboards to solid yields. By getting in early during the presale before the asset goes on the open market, early adopters can collect TMS Network (TMSN) tokens at a price that is not likely to be repeated. 

But is the TMS Network (TMSN) ICO worth it? Investors say yes. TMS Network (TMSN) network secured over $2 million in a private seed sale through an incubation fund and followed it up with selling out in under two weeks during its first phase of presale, generating another half a million in seed capital

The second phase of the TMS Network (TMSN) presale is now underway, with tokens going at $0.025. 

For more information, follow the links below. 

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

Twitter: https://twitter.com/tmsnetworkio

 

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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