The crypto market has witnessed two contrasting events this week. While long-standing cryptos like Polkadot (DOT) and Solana (SOL) have got tangled in performance metrics, a new project, TMS Network (TMSN), has brightened the entire investment arena with its presale growth. TMS Network (TMSN) has raised over $4 million within weeks of its presale launch, preparing a solid ground for big gains in the coming months.
Polkadot’s (DOT) Adoption Flatlined
Recently, a crypto strategist caused a bearish environment around the Polkadot (DOT) ecosystem. The strategist, through his youtube video, claimed that the adoption of Polkadot (DOT) is in the “toilet.” According to him, although Polkadot (DOT) has a good development score, its adoption rate has flatlined. It was not long after the strategist’s claim that Polkadot’s (DOT) bearish sentiment score shot up. According to LunarCrush, the bearish sentiments around Polkadot (DOT) have strengthened by 33 per cent in the last week. However, the price of Polkadot (DOT) has seen an uptick in recent weeks. Polkadot’s (DOT) value has increased by 11 per cent in the past 30 days, pushing its current trading price up to USD 6.74.
Solana’s (SOL) Network Activity Declines
Solana (SOL) has had a bittersweet moment this week. While Solana (SOL) launched its much-awaited Android phone, Saga, amid massive hype, a recent report has indicated that on-chain activity on the network has been declining for the past many weeks. Still, Solana (SOL) has managed to trade in the green zone for the past week. The price of Solana (SOL) has increased by 20 per cent in the past seven days. As a result, Solana (SOL) is currently changing hands at USD 24.15. Meanwhile, the Solscan analytics platform has revealed that the number of Solana’s (SOL) active wallets has plunged by 60 per cent over the last three months. Besides, the total value locked (TVL) of Solana (SOL) is currently around USD 539 million, which is less than 1 per cent of the total market share.
TMS Network (TMSN) Becomes The Hottest Crypto
TMS Network (TMSN) is a unique Web3 platform that has refined the online trading industry by addressing many issues, like limited transparency, slow speed, and high transaction fees. TMS Network (TMSN) has merged the trading of cryptocurrencies, and traditional derivatives on a single platform. Moreover, users can execute their trades on the platform directly from their wallets, and are not required to open an account on TMS Network (TMSN).
TMS Network (TMSN) has also taken steps to build a strong community of traders with TMS Social Trading Club. The platform has launched the TMS Trader Education program wherein professional, and expert traders share their strategies and tricks with inexperienced ones. According to developers, TMS Network (TMSN) will sign new partnerships with industry leaders to implement cutting-edge technology on the platform, and introduce community-driven initiatives.
Being a decentralized platform, TMS Network (TMSN) is free from middlemen. Hence, all transactions on TMS Network (TMSN) are protected from any manual intervention, eliminating the possibility of tampering, wash trading, or price manipulation. Scalability is the most coveted feature of TMS Network (TMSN), which helps users execute transactions quickly and at lower costs.
TMS Network (TMSN) token holders are entitled to receive many benefits, such as voting rights on key decisions, and a portion of the platform’s commission-based revenue. The presale phase of TMS Network (TMSN) is currently in its third stage. The market value of the tokens has rallied 2500 per cent from its launch price of USD 0.003 in the first two stages. Currently, a TMSN token can be locked at USD 0.08, and is expected to jump 100X by the end of this year.
To learn more about this protocol, use the following links;
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/TMSNetworkIO
Twitter: https://twitter.com/tmsnetwork_io