As the traditional financial space has begun collapsing due to the downfall of numerous centralized banks, and inflation rates have begun eating up FIAT currencies and their value, investors are looking elsewhere.
One of the hottest areas for investment currently is the blockchain space, where thousands of projects are battling to disrupt a specific industry. Out of them, a notable project that has gained a lot of attention with its presale is TMS Network (TMSN). Today, we will be going over TMSN and will see how it compares to Polkadot (DOT) and Polygon (MATIC), two of the most well-known projects in the Web3 space.
Polkadot (DOT)
Polkadot (DOT) is essentially a cross-chain communication and interoperability network. Its primarily use case is to connect multiple blockchains within a single, unified network. The infrastructure behind Polkadot (DOT) includes the relay chain, parachains, and bridges. The native cryptocurrency, Polkadot (DOT), is used for the operation of the network. Specifically, each holder of Polkadot (DOT) can use it for governance, staking, bonding, and the payment of network fees.
On April 6, 2023, the Polkadot (DOT) cryptocurrency traded at a value of $6.17. In the last 24 hours, the Polkadot (DOT) cryptocurrency decreased in value by 1.6%. However, in the last 30 days, the Polkadot (DOT) cryptocurrency is still up by 5.3%. This means that the future of Polkadot (DOT) is uncertain. Polkadot (DOT) needs to break past the $6.20 price barrier in order to showcase a bullish outlook, and as such, investors have been inspired to look at alternatives, such as Polygon (MATIC) and TMS Netowork (TMSN).
Polygon (MATIC)
Polygon (MATIC) is a platform that aims to help blockchains scale and can aid in infrastructure development. One of the key components behind Polygon (MATIC) is the Polygon SDK, which is used for the creation of different types of applications.
Through the usage of Polygon (MATIC), anyone will be able to create different types of chains, such as rollup chains, ZK Rollup chains, and more.
The native cryptocurrency, Polygon (MATIC), is used for governance and to secure the network, and it is also used for the payment of transaction fees.
When we go over the value behind Polygon (MATIC), it was trading at $1.11 on April 7, 2023. In regards to its 24-hour performance, it decreased in value by 0.4%. However, in the last 30 days, Polygon (MATIC) decreased by a total of 3.9%. It is clear that the cryptocurrency is heading in a bearish direction, and this has prompted investors to look elsewhere.
TMS Network (TMSN)
TMS Network (TMSN) is a project that can establish a platform aiming to serve millions on a global scale and to create the first-ever blockchain-based trading platform that will allow anyone to trade stocks, forex, CFDs, and more with cryptocurrency payments directly.
The only thing that users will need to do is to connect their cryptocurrency wallets to the TMS Network (TMSN) network, after which they can immediately begin trading all available assets without the need to create a separate account.
If users do not know where to start, there is a copy trader feature that enables them to copy what successful traders have already done and reap these benefits. Users can also connect their trading bots or expert advisors with support for MT4 and MT5.
The native TMS Network (TMSN) token is the fuel behind the platform and provides benefits for holders. TMS Network (TMSN) token holders can access governance functionality. Additionally, they will gain access to advanced trading tools, and a commission fee for every trade.
At its Stage 2 presale, TMS Network (TMSN) is valued and sold at $0.06. However, analysts predict its value can climb to $2 by the end of Q4. 2023. TMS Network (TMSN) can become a major force in the blockchain space with its offering. Anyone can access the TMS Network (TMSN) token by signing up for the presale at the links below.
Learn more about TMS Network here:
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/TMSNetworkIO
Twitter: https://twitter.com/@tmsnetwork_io