The crypto market is experiencing a surge of renewed enthusiasm, with TMS Network (TMSN) emerging as a top performer. TMS Network (TMSN) has outperformed popular cryptocurrencies like Polkadot (DOT) and Arbitum (ARB), with its monumental market growth capturing the attention of investors.
As the demand for decentralized finance (DeFi) and blockchain technology continues to rise, TMS Network (TMSN)‘s innovative approach to scalability and security is positioning it as a key player in the crypto space.
This article will explore the latest developments in Polkadot (DOT) and Arbitum (ARB), and delve into the reasons for the success of TMS Network (TMSN)
Polkadot (DOT)
Polkadot (DOT) is a next-generation blockchain protocol that aims to connect various blockchain networks, allowing them to operate seamlessly and interact with each other. Polkadot (DOT)’s innovative design provides scalability, interoperability, and security, making Polkadot (DOT) a top contender in the decentralized finance (DeFi) space.
The price of Polkadot (DOT) remains above the $6.13 support level, indicating a market controlled by bulls. Recent days have seen bullish momentum, and this is expected to continue, with bulls demonstrating strength in driving the price higher.
The $6.23 resistance level has been broken, and a further increase is anticipated. Breaking the next resistance level of $6.27 is possible in the upcoming session, as the $6.13 support level remains strong, ensuring buying pressure for any dip below it.
Arbitrum (ARB)
Arbitrum (ARB) is a layer-2 scaling solution for Ethereum that aims to improve transaction speed and reduce costs.
The Arbitrum (ARB) Foundation has proposed a new plan, AIP-1.05, to return the 700 million Arbitrum (ARB) tokens that it allocated to itself to the layer2 network’s DAO treasury. The allocation was criticized by the community for not aligning with decentralization.
The proposal is facing controversy as the community is divided in its views, with over 40% of the votes against it. Some of those who are voting against the proposal are doing so because of concerns over the “Buyback clause”.
Despite the proposal’s drama, Arbitrum (ARB) has witnessed a spike in transaction volume, crossing the 1 million mark several times, and is closing the gap between Arbitrum (ARB) and Solana, according to Messari. However, the Arbitrum (ARB)’s value has dropped over 10% during the past week, currently trading at $1.15.
TMS Network (TMSN)
The decentralized blockchain-based trading platform, TMS Network (TMSN), has exceeded expectations due to the recent surge in crypto prices. TMS Network (TMSN) has been receiving a lot of attention thanks to its innovative trading solutions and utility.
As the adoption of crypto continues to increase, traders are looking for ways to increase their profitability and make effective trading decisions. TMS Network (TMSN) stands out with its multipurpose, intuitive, and accessible platform that is based on the Ethereum chain. This makes it safer, seamless, faster, and more transparent than traditional trading platforms.
TMS Network (TMSN) supports many assets, including cryptocurrencies, equities, Forex, and CFDs, making it the one of the world’s first and most advanced digital trading platform. It offers an all-in-one trading and financial universe where users can conduct multiple transactions in one place using robust trading tools.
TMS Network (TMSN) also offers a unique online trading community, where anyone can join, automatically copy trades, connect with other traders, share information, and gain insights into trading strategies. This unmatched offering has made TMS Network (TMSN) a force to be reckoned with in the market.
Investors have been delighted with TMS Network (TMSN), as it has raised over $4 million during its first and ongoing second presale so far, and the token is trading at $0.05 – over a 100x rise in the initial presale price. Analysts are optimistic about a bullish 2023 for TMS Network (TMSN), making it the perfect time to be a part of this exciting platform.
To learn more about TMS Network (TMSN), follow these links below:
Presale: https://presale.tmsnetwork.io
Whitepaper: https://tmsnetwork.io/whitepaper.pdf
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetworkio
Discord: https://discord.gg/njA95e7au6
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
Source: null tx
