Despite updates to its NFT marketplace and other developments, Decentraland (MANA) faces bearish pressure. Meanwhile, the TMS Network (TMSN) is enjoying gains as it looks to revolutionize the trading industry.
The project is in the fourth presale stage, having generated over $6.2 million in investor capital. Fortunately, millions of tokens are still up for grabs, meaning there is still time to get involved early in this exciting altcoin.
TMS Network (TMSN): One-Stop Shop for Blockchain-Based Derivatives Trading
TMS Network (TMSN) is a state-of-the-art platform for trading derivatives using crypto and blockchain technology.
Its purpose is to fix many pressing issues in the conventional industry, including the following:
- Lack of asset control: TMS Network users will not give up their crypto and won’t need to offer personal information.
- Lack of transparency: the platform will provide smart contracts and real-time data analytics.
- Poor security: TMS Network (TMSN) will use multi-sig wallets, apply encryption, run regular security audits, and insure their assets.
- Order latency: TMS Network (TMSN) will work with low-latency providers.
TMS Network (TMSN) is also a social trading service. Here, diverse investors can learn from each other and copy the positions of more successful traders. TMS Network will also have bots and strategy builders to add further to the automated trading experience.
TMSN, the platform’s native token, solidifies the community spirit on the TMS Network, giving holders a worthwhile incentive. Owners of TMSN will receive a portion of the commission generated for every executed order. As the trading volume on the TMS Network (TMSN) goes up, so does the earning potential.
This unique revenue-sharing model is the cherry on top, resulting in many flocking to be part of this unique project. Currently, each TMSN token is worth $0.104, a bargain. Experts are confident that the TMS Network (TMSN) has only scratched the surface, as its price could rise 100-fold before the year ends!
Decentraland (MANA): Still Bearish Despite Positive Developments
Decentraland (MANA) represents the leading metaverse-based token in the industry. Recently, the developers introduced key updates to its NFT marketplace for better navigation.
Users of Decentraland (MANA) are gearing up for the Metaverse Pride event from 27-29 June 2023. In its third consecutive year, this is a captivating entertainment experience celebrating the LGTBQIA+ community. Aside from interaction, Decentraland (MANA) users can claim exclusive token-based items, which may further boost the network’s trading volume.
In addition, Apple’s recent announcement of their much-anticipated VR headset has put a spotlight on virtual world projects like Decentraland (MANA). Many investors are betting on the success of metaverse tokens due to the future of virtual reality.
But, despite these developments, Decentraland’s (MANA) price action reflects a different story. The broader crypto market faces a sell-off because of the SEC lawsuit against Binance and Coinbase.
Decentraland (MANA) is currently valued at $0.44, a low it had only reached in November 2022. It is still in a strong bearish trend in the long term, as the price has dropped from $5.90, representing a 90% decline.
Due to this, many prediction experts don’t foresee Decentraland’s (MANA) price surpassing $1 in the near future.
Explore the TMS Network presale here:
Presale: https://presale.tmsnetwork.io/
Website: https://tmsnetwork.io/
Telegram: https://t.me/tmsnetworkio
Twitter: https://twitter.com/tmsnetwork_io
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