The crypto market has temporarily found its new support levels and is holding onto them firmly. Most cryptocurrencies are stabilizing and settling at these levels. However, Bitcoin Cash (BCH), TMS Network (TMSN), and Compound (COMP) are defying the market-wide trend and appreciating in value sharply. Indeed, Bitcoin Cash (BCH), TMS Network (TMSN), and Compound (COMP). Indeed, these cryptos are exploding with activity as their transaction volumes are skyrocketing and their prices are hitting the roof.
Bitcoin Cash (BCH)
Bitcoin Cash (BCH) was created as a hard fork of Bitcoin (BTC). After differences emerged within the Bitcoin community about the future of the blockchain, Bitcoin Cash (BCH) was launched. It is well-known that Bitcoin (BTC) transactions are slow and expensive, because of the small block sizes. Some community members wanted to increase the block size for Bitcoin (BTC), and their efforts precipitated in the form of Bitcoin Cash (BCH).
While the blocks on Bitcoin Cash (BCH) are larger and facilitate faster and cheaper transactions, these benefits come at the cost of centralization. Nevertheless, Bitcoin Cash (BCH) has fared well since its creation. And, since Bitcoin Cash (BCH) is part of the Bitcoin (BTC) family, it mirrors the latter in performance closely. That’s the reason for its meteoric rise over the past week.
TMS Network (TMSN)
TMS Network (TMSN) is a new decentralized exchange where users can trade cryptos, CFDs, stocks, and forex. TMS Network (TMSN) is the first DEX where traders can buy and sell fiat assets. TMS Network (TMSN) will integrate into multiple stock exchanges worldwide and allow users to trade in fiat assets on them. TMS Network (TMSN) users also get MetaTrader software suite compatibility, making the transition for stock traders into the DeFi world seamless.
TMS Network (TMSN) also offers advanced features like social trading, AI trading bots, arbitrage trading signals, etc. In a nutshell, TMS Network (TMSN) is the most revolutionary innovation to hit trading since the invention of Options and Futures.
TMS Network (TMSN) is raising funds for its development via ICO. In its current stage 4 presale, TMS Network (TMSN) has hit the $6 million milestone and expects to raise as much more before it wraps up the ICO. This development and the launch of TMS Network’s (TMSN) prototype dApp worked together to push its price to the stratosphere.
Compound (COMP)
Compound (COMP) is a decentralized, blockchain-based staking platform where users can stake their crypto holdings. Currently, Compound (COMP) supports EVM-compatible blockchains at the moment. So, users who hold such tokens can deposit them on Compound (COMP) in exchange for potential rewards. Meanwhile, any user can get a secured loan from the Compound (COMP) pool by depositing a collateral.
Users get rewards when the crypto holdings they deposit with Compound (COMP) grow in value. Since the crypto market has been gaining quickly over the past week, enormous amounts of crypto holdings have found their way to Compound (COMP). That’s why Compound (COMP) is shooting up.
For more information on TMS Network (TMSN):
Presale: https://presale.tmsnetwork.io/
Website: https://tmsnetwork.io/
Telegram: https://t.me/tmsnetworkio
Twitter: https://twitter.com/tmsnetwork_io
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