The crypto industry is officially out of its drawn-out crypto winter. However, there’s still no consensus on whether the industry is on the rebound or whether it will spend the year in a tight range. Nevertheless, that has not prevented new cryptos from launching left, right, and center. Of course, market uncertainty has tainted their launches by crashing many cryptos on launch. Sue (SUI) and Arbitrum (ARB), for instance, have exhibited underwhelming performances on launch. Although they showed some signs of growth, they soon crashed. Investors are now pinning their hopes on TMS Network (TMSN), which has already grown 300% since its stage 1 presale was launched.
Sue (SUI)
Sue (SUI) is a new layer 1 blockchain built for digital content distribution. Sue (SUI) makes it easy, secure, and fast to record digital asset ownership and its distribution. Sue (SUI) has low transaction costs, and the transactions are executed almost instantaneously. Sue (SUI) features an object-centric model, and is designed using the Move programming language.
Sue (SUI) offers several advanced features like smart contracts, horizontal scalability, on-chain storage, etc. These features make Sue (SUI) radically easier to use for content ownership and distribution. Developers can build dApps on Sue (SUI) and start offering their content to users quickly and securely.
While Sue (SUI) does offer promise, plenty of other crypto projects offer digital content ownership and distribution features. So, Sue (SUI) is having a hard time attracting investments.
Arbitrum (ARB)
Arbitrum (ARB) is a layer 2 scaling solution for Ethereum, which is designed to improve the speed, scalability, and affordability of Ethereum (ETH) platform. Arbitrum (ARB) achieves these objectives by using optimistic rollups. These rollups combine thousands of transactions into batches and execute them simultaneously on Arbitrum (ARB). Subsequently, only the transaction information is recorded in the main check, i.e., Ethereum (ETH). Arbitrum (ARB) is still a work in progress and has ambitious goals for the DeFi space. For instance, Arbitrum (ARB) plans to release Orbit, a layer 3 scaling solution that allows developers to build dApps using common programming languages like Rust, C++, etc.
Like Sue (SUI), Arbitrum (ARB) too enters a domain that’s already too crowded. The crypto market is saturated with an overabundance of layer 2 scaling solutions. Arbitrum (ARB) is having a hard time finding its footing in this niche, and may not hold its current price for long.
TMS Network (TMSN)
TMS Network (TMSN) is one of the most unique and truly innovative crypto projects of 2023. TMS Network (TMSN) offers a bit of everything to every kind of crypto investor. For one, TMS Network (TMSN) is fresh, and unlike anything anyone has heard before. TMS Network (TMSN) is the first decentralized exchange to support multi-asset trading. TMS Network (TMSN) users can trade cryptos, CFDs, forex, and equities right from the start. With time, TMS Network (TMSN) intends to add more assets to the platform. Secondly, TMS Network (TMSN) offers a decentralized governance structure, giving TMS Network (TMSN) holders voting rights over the future of the platform. Moreover, TMS Network (TMSN) supports smart contracts and allows developers to create powerful dApps for the traders on the platform.
TMS Network’s (TMSN) unique use case has caught the attention of investors worldwide. The project is in the ICO stage, with a stage 3 presale event in progress. At present, TMS Network (TMSN) is valued at $0.08, over 300% of its original price of $0.025 during the stage 1 presale. TMS Network (TMSN) has raised $5 million for the project so far, with a hard cap of $12 million set for the ICO. Analysts expect TMS Network (TMSN) to join the $1 billion crypto club sometime between October and November this year.
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/TMSNetworkIO
Twitter: https://twitter.com/@tmsnetwork_io