TMS Network (TMSN) Fueling 2000% Crypto Dreams as Avalanche (AVAX) and Optimism (OP) Poorly

| Publish date: 06/05/2023 (Last updated: September 10, 2023 09:33 AM)
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The crypto market is seeing a recent market sell-off. Because of this, Avalanche (AVAX) and Optimism (OP) turned their attention to a new player: TMS Network (TMSN). Currently in the fourth phase of its presale, TMS Network (TMSN) has seen a 2000% increase in its token price. It is also raising over $6 million so far in their seed funding round and presale event.

 

TMS Network (TMSN): The Future of Trading

The new TMS Network (TMSN) is a decentralized, Ethereum-based all-in-one trading platform that aims to revolutionize the traditional trading industry. 

TMS Network provides a comprehensive solution for trading a diverse range of assets, including cryptocurrencies, equities, forex, and more, all within a single, decentralized platform. This integration simplifies the trading process, eliminating the need to use multiple platforms for different asset classes.

With TMS Network (TMSN), users retain full control of their assets as they can connect their wallets directly and trade. This feature eliminates the need to trust a third party with their assets, which enhances security and reduces the risks associated with custodial platforms.

TMS Network (TMSN) addresses the most pressing issues in the current trading space. They include lack of price uniformity, high trading fees, price manipulation, transaction delays, inadequate trading experience, and lack of trading education.

TMS Network (TMSN) token holders also earn commissions from trading volume across the platform. The more that’s traded, the more everyone earns. This unique tokenomics model, coupled with the platform’s innovative features, makes TMS Network (TMSN) a compelling investment opportunity.

Avalanche (AVAX): A Layer One Blockchain

Avalanche (AVAX) is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. 

The platform Avalanche (AVAX) is one of Ethereum’s rivals. It aims to unseat Ethereum as the most popular blockchain for smart contracts. Avalanche (AVAX) does so by having a higher transaction output of up to 6,500 transactions per second while not compromising scalability.

Despite a recent milestone of 1 million monthly active users, Avalanche (AVAX) experienced a downturn in the recent market sell-off. Experts believe this is due to the launch of Avalanche’s  (AVAX) AvaCloud Platform. This cloud computing service contributed to the success of Avalanche (AVAX) roughly a week after its launch.

Intriguingly, Ava Labs, the developer of Avalanche (AVAX), credits a large part of this recent achievement to the introduction of Avalanche’s (AVAX) cloud solution. However, Avalanche’s (AVAX) community is now looking to cash out an pursue new investment opportunities, including TMS Network (TMSN).

 

Optimism (OP): An Ethereum Layer-Two Solution

Ethereum’s scaling platform Optimism (OP) has had a good run this year. However, Optimism’s (OP) recent decision to unlock millions of its tokens pushed the price down.  

Optimism (OP) is one of the biggest scaling solutions for Ethereum with over $500 million in TVL. Thanks to optimistic rollups, Optimism (OP) benefits from Ethereum’s security while helping scale its ecosystem. While Optimism (OP) records transactions, Ethereum secures them.

Recently, Optimism (OP) has had bearish momentum. Namely, the project unlocked more than 386 million of its Optimism (OP) tokens, increasing the supply of OP tokens by over 100%. This is event has caused Optimism (OP) to drop to $1.4. Uncertainty around the token has led many in the Optimism (OP) community to explore other investment opportunities, including TMS Network (TMSN).

 

Conclusion

While Avalanche (AVAX) and Optimism (OP) have their unique strengths, TMS Network (TMSN) offers a compelling value proposition that sets it apart. Its innovative platform addresses the most pressing issues in the trading space, offering a seamless and enjoyable trading experience.

Moreover, its tokenomics model provides a direct financial incentive for TMS Network (TMSN) token holders to increase the trading volume on the platform.

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.

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