Bullish sentiments sweep through the cryptocurrency market as TMS Network (TMSN) captures investor attention, successfully raising an impressive $6.3 million, surpassing rivals like Polygon (MATIC) and Arbitrum (ARB). In the midst of this bullish wave, Polygon (MATIC) makes strides by introducing a new council, while Arbitrum (ARB) announces AIP voting.
Polygon (MATIC) Pitches New Council
Polygon (MATIC) has seen a decline in its performance this week. Over the past seven days, the price of Polygon has fallen by 6.50%, and in the last 24 hours alone, it has declined by 1.13%. Trading at $0.60, Polygon is 79.34% below its all-time high of $2.92. Polygon’s (MATIC) market cap stands at $5.6 billion.
Despite this downturn, Polygon (MATIC) is actively pursuing new initiatives to enhance its network. The latest proposal put forth by Polygon (MATIC) aims to establish an “Ecosystem Council” that will redefine the management, and upgrade process for system smart contracts. This move reflects Polygon’s (MATIC) ongoing commitment to striking a balance between community-driven governance and efficient decision-making. By empowering the community with various competencies, Polygon (MATIC) seeks to ensure a blend of efficiency and community engagement. While Polygon’s (MATIC) market cap stands at $5.6 billion, its 24-hour trading volume stands at $218.6 million. Polygon’s (MATIC) circulating supply comprises 9.3 billion tokens. As the cryptocurrency landscape continues to evolve, it remains to be seen how these initiatives will impact Polygon’s (MATIC) future trajectory.
Arbitrum (ARB) Announces AIP Voting
Arbitrum (ARB) has recently announced the initiation of on-chain AIP voting on Tally. The voting is currently in progress and is scheduled to conclude on June 25, 2023. Following the voting period, the Arbitrum (ARB) proposal will be queued and subsequently executed. Arbitrum’s (ARB) AIP-1.1, which addresses Lockup, Budget, and Transparency matters, has garnered an overwhelming 99.3% of votes in favor. On the other hand, Arbitrum’s (ARB) AIP-1.2, focusing on Foundation and DAO Governance, has received a resounding 99.86% of votes in support.
Arbitrum (ARB), with a market capitalization of $1.3 billion, is currently experiencing a decline in price, dropping by 0.39% in the past 24 hours. Arbitrum (ARB) is trading at $1.00, representing a 44.25% decrease from it’s all-time high of $1.80. With a circulating supply of 1.3 billion tokens, Arbitrum’s (ARB) presence in the cryptocurrency market remains significant. The ongoing AIP voting brings potential changes to Arbitrum (ARB), though the outcome remains uncertain. The community eagerly awaits the final verdict on these proposals, which could shape the future of Arbitrum (ARB).
TMS Network (TMSN) Draws Investor Interest with $6.3 Million Raised
TMS Network (TMSN) has raised an impressive $6.3 million, drawing the attention of avid crypto investors. TMS Network (TMSN) decentralized nature sets it apart, providing a secure and efficient way to trade assets without intermediaries. TMS Network (TMSN) reduces overheads and allows for efficient trading. TMS Network (TMSN) ensures transparent and tamper-proof transactions, reducing costs and enabling faster trading. TMS Network’s (TMSN) user-friendly interface caters to traders of all levels while promoting financial literacy and education. TMS Network (TMSN) facilitates instant deposits and withdrawals, allowing traders to keep more profits and reinvest them. TMS Network’s (TMSN) focus on decentralization empowers users to take control of their investments, making informed decisions based on personal research. With online trading evolving, TMS Network (TMSN) has emerged as a game-changer, offering a secure and efficient trading environment for modern traders.
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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