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Across centralized finance, numerous centralized banks collapsed, the inflation rate has increased, and there is a risk of an interest rate hike. With so much uncertainty surrounding their financial future, investors are moving towards alternative forms of investments in the sphere of Web3.
TMS Network (TMSN) is a project that has stood out with its Stage 2 presale and aims to revolutionize the way anyone can buy any derivative with cryptocurrencies directly.
We will compare it to competing projects such as Arbitrum (ARB) and Polkadot (DOT) to see how it stands up today.
Arbitrum (ARB)
Arbitrum (ARB) is a Layer-2 scaling solution developed for Ethereum that utilizes optimistic rollup technology.
The Arbitrum (ARB) project aims to enable faster speeds and cheaper transaction costs whenever users interact with Web3 decentralized applications (dApps).
The Arbitrum (ARB) project has a vast ecosystem and two chains, Arbitrum One and Arbitrum Nova.
As for its native cryptocurrency, Arbitrum (ARB) enables holders to vote on the Arbitrum DAO proposals regarding its future.
When we go over the value of the Arbitrum (ARB) cryptocurrency, on April 5, 2023, it was trading at $1.28.
The all-time high of the Arbitrum (ARB) cryptocurrency was on March 23, 2023, at $8.67. In the last 24 hours, Arbitrum (ARB saw its value increase by 7.6%, and its growth was at 5.1% in the last seven days.
Here we can see that if the cryptocurrency keeps up its momentum, it could be headed toward a bullish run. But it is not the only crypto to grab attention, as Polkadot (DOT) and TMS Network (TMSN) have also been on the radar for investors.
Polkadot (DOT)
Polkadot (DOT) is a shared network that aims to enable cross-chain communication alongside interoperability. The core infrastructure behind Polkadot (DOT) includes the Relay Chain, Parachains, and even Bridges. The native cryptocurrency, Polkadot (DOT), is used for governance, staking, bonding, and payment of fees on the platform.
On April 5, 2023, the Polkadot (DOT) cryptocurrency traded at $6.52. Its all-time high was reached on November 4, 2021, at $54.98. Regarding its recent performance, in the last 24 hours, it increased by only 1%; however, Polkadot (DOT)’s overall increase in the last month has been at 8.9%.
If Polkadot (DOT) manages to keep up this momentum, it can reach a bullish outlook, but its future is uncertain for the time being.
TMS Network (TMSN)
TMS Network (TMSN) is a decentralized trading platform, and it is being developed with the primary goal of enabling any user globally the ability and opportunity to trade all derivatives through cryptocurrency payments.
Users can connect their cryptocurrency wallets and begin making trades for any derivative, all of which is available without creating a separate account.
On top of the TMS Network (TMSN), anyone can begin trading futures, forex, CFDs, and much more, and the platform also offers instant transaction processing without the need for FIAT currencies.
There is also availability for social trading features on TMS Network (TMSN), such as Copy Trader, alongside the possibility of integrating MT4 and MT5.
Through holding the native cryptocurrency, TMS Network (TMSN), users get access to governance rights and advanced trading tools and even get a commission fee from every trade that happens on the network.
The TMS Network (TMSN) is currently undergoing the second stage of its presale.
At this point of its presale, TMS Network (TMSN) is offered at a value of $0.060. Analysts and industry experts predict that its value can climb to $2.2 by the end of December 2023, enabling investors and traders a unique opportunity to get into the project early before it blows up in value.
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/TMSNetworkIO
Twitter: https://twitter.com/@tmsnetwork_io
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
