Recent developments have seen TMS Network (TMSN) soar to new heights while both Fantom (FTM) and Cardano (ADA) experience significant price falls. This article delves into the latest news surrounding these three tokens, highlighting the challenges faced by Fantom (FTM) and Cardano (ADA), while shedding light on the promising prospects of TMS Network (TMSN).
Price Decline Plagues Fantom (FTM) as the Token Battles to Stay Afloat
Fantom (FTM) is currently facing challenges as its price experiences a decline. The recently introduced “dApp Gas Monetization Program” aims to incentivize projects leveraging Fantom’s (FTM) blockchain by redirecting 15% of gas fees directly to decentralized applications (dApps) on the network. While this initiative garnered community support, and fosters a thriving ecosystem, Fantom (FTM) still faces challenges.
Despite relatively low fees on the Fantom (FTM) network, they accumulate over time, impacting users of Fantom-based projects. The current price of Fantom (FTM) stands at $0.33, which is significantly lower than its all-time high of $3.48. However, Fantom’s (FTM) team remains optimistic about driving increased demand for block space, and supporting the network’s infrastructure with the new program. The future holds potential for Fantom (FTM) to regain momentum and lost ground.
Cardano (ADA) Struggles with Downward Trajectory as Marlowe Launches
In a parallel narrative, Cardano (ADA) finds itself on a downward trajectory, facing its own set of challenges. With the launch of Marlowe, a domain-specific language for the Cardano (ADA) blockchain, smart contracts could be created and executed in a whole new way. To make financial contracts more accessible to everyone, Cardano (ADA) Marlowe was designed to be user-friendly and accessible to everyone, regardless of their programming background.
Although the launch of Marlowe on the Cardano mainnet, for early adopters, has garnered attention, the price of ADA tells a different story. Currently, Cardano (ADA) faces the risk of breaking down from a long-term ascending support line, which could trigger a sharp fall. The price action and indicator readings from various timeframes further support this downward trend, raising concerns among investors. The current price of Cardano (ADA) is $0.37. Cardano (ADA) is 88.00% below the all-time high of $3.10.
TMS Network (TMSN): Pioneering Decentralized Trading Amid Crypto Challenges
Amid Fantom (FTM) and Cardano’s (ADA) struggles, TMS Network (TMSN) emerges as a promising player in the crypto space. TMS Network (TMSN) offers an all-in-one solution where users can trade various asset classes, including equities, futures, forex, CFDs, and cryptocurrencies, using crypto without intermediaries. One of the standout features of TMS Network (TMSN) is its DeFi capabilities, which eliminate the need for fiat currency, KYC requirements, and personal information.
Moreover, TMS Network (TMSN) introduces a unique revenue-sharing model. As more users engage in trading activities on TMS Network (TMSN), each participant receives a proportional share of the generated revenue, making it an enticing proposition for traders and investors alike. The presale of TMS Network (TMSN) is in Stage 4, with the token currently trading at $0.104. Its impressive price surge of 4300%, and the remarkable $6 million raised in funds within a short period illustrate the growing popularity of TMS Network (TMSN). With Fantom (FTM) and Cardano (ADA) battling their respective challenges, TMS Network (TMSN) shines as an icon of innovation.
Find out about the TMS Network (TMSN) Pre-launch event using the links below:
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/TMSNetworkIO
Twitter: https://twitter.com/@tmsnetwork_io
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