The post Avalanche Benefitted From Its Partnership With Loco, Polygon Founder Says Its Rival Layer-1 Networks Will Fail, Whales Find TMS Network’s Presale Sells Stage 1 Rasing $500k appeared first on Coinpedia Fintech News
Projects like Avalanche (AVAX) and Polygon (MATIC) have suffered a downfall in value lately. On the other hand, the new crypto, TMS Network (TMSN), has become the favorite of experts and bulls.
This article will look into why TMS Network (TMSN) is a better investment option than others. TMS Network (TMSN) has already raised $2 million in a private seed sale, and its presale is getting more convincing, with stage 1 being sold out.
Avalanche (AVAX) Increases Its Presence In Asia
Avalanche (AVAX) has got a new partner in Loco, the Indian game streaming platform. Loco has announced joining the Avalanche (AVAX) Multiverse incentive program to enhance the experience for fans and users. Loco will build its web3 products via the custom Avalanche (AVAX) Subnet. This strategic partnership also indicates the growing footprint of Avalanche (AVAX) in Asia. Meanwhile, the growth run of Avalanche (AVAX) has hit roadblocks in the past few days. Although Avalanche (AVAX) was trading in the green zone in January, it suffered a downfall in February. The price of Avalanche (AVAX) has fallen by 7% in the last seven days. Currently, the trading price of Avalanche (AVAX) is $18.25.
Polygon (MATIC) Cuts 20% of Staff Amid Economic Woes
Polygon (MATIC) co-founder, Sandeep Nailwal, has made extreme claims about rival layer-1 networks. The Polygon (MATIC) head said that projects like Solana, Aptos, Avalanche, and Cardano would cease to exist in the coming times. The Polygon (MATIC) boss said that its rival projects had not registered considerable traction, and did not have their respective layer-2 solutions; hence, they can not compete with the likes of Ethereum. However, bearish market conditions have hurt Polygon (MATIC) too. The price of Polygon (MATIC) has declined by 19% in the last week. Besides, Polygon (MATIC) had to cut 20% of its workforce due to financial strains. Currently, Polygon (MATIC) is available to trade at $1.26.
TMS Network (TMSN) Is A Big Profit Gun
TMS Network (TMSN) is a social trading infrastructure. It has been built with the active participation of veteran traders and investors of derivatives and cryptos. TMS Network (TMSN) aims to disrupt traditional trading practices and has set up a protocol that allows people to trade in a range of digital assets without any friction.
TMS Network’s (TMSN) presale round is inching towards historical success. The presale price of TMSN tokens has already soared from $0.003 to $0.025, an increase of 500% in just a few days of its launch. TMSN holders will also benefit from the revenue-sharing model of the network. This revenue-sharing model will allow the platform to distribute its earnings from the transaction commission among all TMSN holders.
TMS Network (TMSN) allows the trading of many digital assets, including cryptos, CFDs, Forex, and stocks, to sustain enough liquidity on the platform. It enables traders to execute their trades instantly. TMS Network (TMSN) also authorizes instant deposits and withdrawals of digital assets with a single user interface.
TMS Network (TMSN) has been powered by blockchain technology and ensures secure and transparent trade activities. It has employed smart contracts on the network to oversee all trades. All transactions on TMS Network (TMSN) are automatically recorded on a decentralized public ledger. There are no intermediaries on the network.
So, people can make transactions on TMS Network (TMSN) at lower costs. Scalability is the most noteworthy feature of TMS Network (TMSN). The platform can easily handle a surge in the number of transactions while maintaining its swift speed. The network encourages all users to conduct their research through its educational resources, such as market analysis and trading signals.
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