The crypto market has witnessed many new entrants in recent months. One of them, which has made the most impact on experts is TMS Network (TMSN). The project’s golden presale run has surpassed the growth rate of other projects like Ripple (XRP) and Waves (WAVES) by a big margin. Experts have pointed out many reasons behind the historical rise of TMS Network (TMSN).
A recent report has revealed that Ripple (XRP) is the most involved blockchain network in activities related to the development of CBDCs (Central Bank Digital Currencies). The report substantiates the claims of Ripple’s (XRP) executive, who had earlier stated that the payments network was in talks with over 20 central banks for the development of their CBDCs. This has come as positive news for the Ripple community, which hopes that the report will strengthen the bullish sentiments around XRP.
In recent months, Ripple (XRP) has been aggressively expanding its global presence by forging partnerships with large institutions. However, due to the ongoing legal tussle between Ripple and SEC, XRP has been continuously trading in the red zone. Ripple (XRP) has plummeted by around 18% on the monthly chart. Currently, Ripple (XRP) can be traded at $0.43.
Almost all blockchain protocols are launching new stablecoins, or upgrading the existing ones, and the Waves (WAVES) network has also joined the trend. Recently, the new version of EAST stablecoin, EAST 2.0., was launched on the Waves (WAVES) network. According to experts, the Waves (WAVES) network can see an increase in trading volume in the coming weeks. The price of Waves (WAVES) has plummeted by 31% in the past month. Currently, Waves (WAVES) is available to trade at $1.56.
Meanwhile, the Waves (WAVES) network has taken steps to increase its ecosystem by tapping the US market. Waves (WAVES) has joined hands with Corix Solutions to enter the US crypto market.
TMS Network (TMSN) is destined to become a leading platform in the trading industry due to its robust business plan. It is an all-in-one Web3-based exchange that enables the trading of cryptocurrency, futures, stocks, Forex, and other derivatives on the same platform. TMS Network (TMSN) uses the straight-through processing (STP) mechanism, which ensures that all trading activities are immune to manual intervention, and executed through electronic transfers. The platform is highly scalable, and can handle a high volume of trades and users without putting any pressure on its transaction speed.
TMS Network (TMSN) also offers the technical advantage of trading bots, and a strategy builder to keep a check on the emotions of investors, and mitigate the impact of speculation and guesswork. Besides, TMS Network (TMSN) boasts state-of-the-art encryption, multi-sig wallets, regular security audits, and insured assets. TMSN token holders will be rewarded with many benefits, including discounts and voting rights. But the most notable trait of TMS Network (TMSN) is its revenue-sharing model, which creates an extra source of income for its users.
TMS Network has also planned to collaborate with industry leaders in the coming months and launch community-driven initiatives. TMS Network’s presale phase has progressed to its third stage, and TMSN tokens’ value has risen by more than 2800% from its launch price of $0.003. Thus, a TMSN token is currently available at $0.093.
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