Cryptocurrency

TMS Network (TMSN) Steadily Inching Upward as Scammers Target Arbitrum (ARB) and Polygon’s (MATIC) zkEVM Goes Live

Market Trends

The crypto market has seen a few developments this week. Arbitrum (ARB) seems to be a hot favorite with scammers, while Polygon (MATIC) has yet to pick up despite the launch of its zkEVM mainnet beta. Luckily, TMS Network (TMSN) is doing great, and setting high expectations for its official release.

How TMS Network's (TMSN) Revenue Sharing Model Increases Passive Income for Investors

TMS Network (TMSN) is the first decentralized platform where users can trade all derivatives by making crypto payments. Crypto traders who don't want to use fiat money on decentralized exchanges will love the ease of trading on TMS Network (TMSN). With TMS Network (TMSN), users simply connect their wallets to the platform and complete the transaction.

Low fees, faster services, and instant withdrawals are the UEVNSP of TMS Network (TMSN). With more than 500 assets to choose from, TMS Network (TMSN) is an all-in-one crypto trading platform in the market. TMS Network (TMSN) has developed a commission revenue-sharing model to generate more income for token holders. Users who own TMS Network (TMSN) tokens will earn a commission from the revenue generated by the trading volume on the platform.

TMS Network (TMSN) is currently in its presale and has raised $3 million. The TMS Network (TMSN) token price inched upward in the last few months, and is currently at $0.046.

Arbitrum (ARB) Becomes the New Target of Scammers

Arbitrum (ARB) tokens were airdropped last week, resulting in a price crash. While Arbitrum's (ARB) price is still moving sideways and downward, scammers are busy on Twitter. The company has already issued a notice asking users to be wary of fake Arbitrum (ARB) website and Twitter handles. Scammers are taking advantage of Arbitrum's (ARB) hype to dupe users and steal cryptocurrency. Redefine, a blockchain security firm, uncovered a scam with a fake Arbitrum (ARB) website. Around 273 phishing sites targeted at Arbitrum (ARB) airdrop were discovered. Twitter temporarily suspended Arbitrum's (ARB) official account along with a few fake handles. The account was soon restored, according to Arbitrum's (ARB) post. With such drama, Arbitrum (ARB) token's price fell to $1.1508 on 28th March after losing 8.73% in the last 24 hours.

How Polygon's (MATIC) Price Couldn't Benefit from the Launch of zkEVM

The much-awaited zkEVM protocol by Polygon (MATIC) went live on 27th March 2023. Polygon (MATIC) has invested around $1 billion in building its own zero-knowledge protocol to enhance the platform's functionality. With Polygon's (MATIC) zkEVM, the proof of time is less than two minutes for a batch of 10 million gas. Polygon's (MATIC) platform will see major improvements with this new development. Many crypto fans expected Polygon's (MATIC) price to shoot up, and take on a bullish trend with this release. However, the opposite has happened with Polygon (MATIC). Polygon's (MATIC) price fell to $1.0367 on 27th March. At press time, Polygon (MATIC) is hovering around $1.05 after briefly falling to $1.0303 in the middle of the night. Polygon (MATIC) had an overall loss of 2.94% in the last 24 hours. However, Polygon's (MATIC) trading volume shot up by almost 42% during the same period.

You can find out more about TMS below:

Presale: https://presale.tmsnetwork.io

Website: https://tmsnetwork.io

Telegram: https://t.me/TMSNetworkIO

Twitter: https://twitter.com/@tmsnetwork_io

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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