With a staggering 1600% price surge during its presale, TMS Network (TMSN) has left established giants such as Cosmos (ATOM) and Polygon (MATIC) trailing in its wake. But what has propelled TMSN to such impressive heights, and is it affecting legacy altcoins? Let’s take a look at the meteoric rise of this new crypto and if ATOM and MATIC can strike back.
TMS Network (TMSN)
TMS Network is a comprehensive trading platform that provides traders with access to multiple asset classes, including cryptocurrency, equities, forex, and CFDs, under one virtual roof.
The platform is designed to be highly scalable, secure, and transparent, leveraging blockchain technology and smart contract functionality to provide TMS Network (TMSN) users with a seamless and efficient trading experience.
One of the key features of TMS Network is its social trading feature, which allows users to follow and copy the trades of successful traders. This provides less experienced traders access to more experienced traders’ expertise.
Successful traders can monetize their expertise by publicizing their trades with others. The social trading features of the TMS Network (TMSN) are fully integrated with the platform’s trading tools, providing users with a seamless and effective trading experience.
It’s powered by the TMSN token, which serves as the platform’s backbone. The token gives you access to multiple features, incentivizes users to participate in the ecosystem, and even earns income from being a liquidity provider.
TMS Network (TMSN) is still in its presale stage, and with a 1600% price surge, the token has already smashed expectations and is likely one of the driving factors to why Cosmos (ATOM) and Polygon (MATIC) aren’t performing as expected.
Cosmos is a groundbreaking project that gained significant traction in the last bull season. The innovative design and approach to addressing the critical issues faced by the industry set crypto apart from the competition.
The key selling point of Cosmos (ATOM) is its focus on enabling cross-chain communication, something Polygon (MATIC) centers on. The vision behind Cosmos is to create an “Internet of Blockchains,” allowing different blockchains to seamlessly interact and exchange information by connecting to the Cosmos blockchain.
Cosmos utilizes the Tendermint consensus algorithm, which offers improved scalability, allowing for faster transaction processing and catering to the growing demand for high-performance blockchain networks. And while all of this is still on the table, the token price has been relatively stable.
Polygon emerged as a frontrunner in the world of helping the Ethereum network scale. One of the core strengths of Polygon (MATIC) is its focus on providing a highly scalable infrastructure.
By employing a unique combination of Plasma chains, zk-rollups, and optimistic rollups, Polygon effectively addresses the limitations of Ethereum’s existing architecture. As a result, the platform can handle a higher volume of transactions at a lower cost, making the platform an attractive solution for developers and users.
Cosmos & Polygon also emphasizes interoperability, ensuring its network can communicate with other blockchain ecosystems, which fosters a more collaborative environment that encourages innovation. Like Cosmos, the price has been somewhat flat, especially as 2023 has been bullish for many.
To learn more about the TMS Network (TMSN) 2nd presale phase, click on the links below:-