Long-standing cryptos like Ripple (XRP) and Polygon (MATIC) have launched new updates to survive the current market downfall. Meanwhile, a new project, TMS Network (TMSN), has bamboozled crypto investors with a promise of gigantic returns. TMS Network (TMSN) presale has already given a 1200% profit to its investors in the first three weeks.
Ripple (XRP) Launches Its EVM Sidechain On Testnet
Currently ranked 6th by market capitalization, Ripple (XRP) is a blockchain network that was launched to provide a faster and low-cost solution for international payments. Ripple (XRP) has continuously been on the social metric since the SEC filed a lawsuit against it. While a verdict in the case is being awaited, Ripple (XRP) has increased its ecosystem through several development activities. Recently, Ripple’s (XRP) open platform, RippleX, announced the availability of its EVM sidechain on its test network. The sidechain is expected to enable Ripple (XRP) to handle 1000 transactions per second. The launch of the EVM sidechain has positively impacted the price of Ripple (XRP), which has risen by more than 2% in the last seven days. Currently, Ripple (XRP) is trading at $0.38, which is 90% below its all-time high of $3.84.
Polygon (MATIC) Sees Hopes For Revival
Polygon (MATIC) has witnessed a minor improvement on the price chart in the past week, providing relief to its investors. Polygon’s (MATIC) recent rise can largely be accredited to aggressive development activities on the network. Recently, Web3 domain provider, Unstoppable Domains, has partnered with the Polygon (MATIC) network to roll out the .polygon domain. Notably, this domain, based on the Polygon (MATIC) network, can be used across dApps on the Ethereum sidechain. Besides, Polygon (MATIC) has witnessed a surge in development activity on the network. Subsequently, the price of Polygon (MATIC) has risen by 20% in the last seven days. Currently, Polygon (MATIC) trades at $1.19, which is 59% below its all-time high of $2.92. By market capitalization, Polygon (MATIC) is ranked 8th.
TMS Network (TMSN) Speeds Up Its Presale Growth
TMS Network (TMSN) is a state-of-the-art platform, and has been built to facilitate the online trading of a range of digital assets on a single platform. TMS Network (TMSN) goal is to facilitate the accurate, and faster trading of cryptocurrencies, stocks, futures, CFDs, Forex, and many more.
TMS Network (TMSN) also ensures transparency, and security in all transactions. It has incorporated smart contracts to smoothen all trading exercises. Thus, the network has left no scope for intermediaries on its blockchain. This makes TMS Network (TMSN) capable of offering maximum benefits to users by cutting transaction fees down. The removal of middlemen from the network has also stamped out the possibilities of manipulation and fraud.
TMS Network (TMSN) can maintain high liquidity on the platform by permitting the trading of a variety of digital assets. Subsequently, it can allow users to execute transactions instantly. TMS Network (TMSN) has better scalability than other platforms. It can easily drive soaring numbers of transactions and users without hampering its speed.
As stage 1 of the network’s presale round was sold out early, investors are convinced of its growth. The value ofTMS Network (TMSN) has risen from $0.003 to $0.039 in the first three weeks of its presale. TMS Network (TMSN) has already secured investments worth about $3.50 million, while the project’s soft cap was set at $3 million. All TMSN holders can yield extra benefits from the platform’s revenue-sharing model. TMS Network will distribute its transaction fee-based earnings among TMSN token holders. The network has also been spreading financial awareness among users through educational resources.
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/TMSNetworkIO
Twitter: https://twitter.com/tmsnetwork_io
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