As centralized banks are collapsing, and the rate of interest has been rapidly shifting, numerous investors and traders have begun making a move towards alternative investments.
One of the key areas that have gained a lot of attention is the cryptocurrency industry. A new project entering the Web3 space has also gained a lot of attention, and that is TMS Network (TMSN). We will look at the project and see how it compares to other well-established projects, including Zcash (ZEC) and Nexo (NEXO).
Zcash (ZEC) is a cryptocurrency that aims to protect privacy, and it utilizes the power of the Proof-of-Work (PoW) consensus mechanism.
Throughout the Zcash (ZEC) network, addresses can be private or public. They are categorized as z-addresses if private and t-addresses are public, and they are interoperable on top of Zcash (ZEC). The Zcash (ZEC) network, as such, offers transactions that are completely hidden and can make crypto anonymous as a result.
When we go over the value of the Zcash (ZEC) cryptocurrency, on April 13, 2023, it was trading at $41.36. The all-time high for Zcash (ZEC) was reached on October 29, 2016, at $3,191.93.
Regarding its recent performance, in the last 24 hours, Zcash (ZEC) increased by 6.8% in value, while in the last 30 days, the increase was at 17.3%.
Nexo (NEXO) is a blockchain-based lending protocol and loan system. Any user can deposit cryptocurrencies into a Nexo (NEXO) wallet. Then, they will be able to get an instant cash loan. The native cryptocurrency, Nexo (NEXO), is an ERC-20, interest-bearing security token.
It has a high level of utility, where users can utilize Nexo (NEXO) for platform benefits, governance, and interest payments.
When we look at the value of the Nexo (NEXO) cryptocurrency, on April 13, 2023, it was trading at $0.698933. Its all-time high was reached on May 12, 2021, at $4.07. In regards to its recent performance, Nexo (NEXO) saw an increase in value by 6.4% in the last 24 hours. Nexo (NEXO) also saw an increase of 10.4% in the last 30 days, indicating further growth potential.
TMS Network (TMSN) is essentially a decentralized platform based on Ethereum that is being built with the goal of enabling any user an opportunity to trade any derivative with ease.
From equities, forex, CFDs, futures, and much more, anyone can connect their wallet to the TMS Network (TMSN) and begin trading immediately, without the need for FIAT currencies and without the need to create a separate account.
The native token TMS Network (TMSN) has a high level of utility, as users can earn commissions from the trading volumes generated by those using the platform and can vote on the governance process or access advanced trading tools.
TMS Network (TMSN) social trading infrastructure also lets users copy the best traders, to profit from their decisions, and there's even integration for MT4 and MT5.
The Stage 2 presale of TMS Network (TMSN) is already started. At this point in time, TMS Network (TMSN) is offered at $0.075. Analysts predict that TMS Network (TMSN) value can reach $2 by the end of December 2023, indicating that investors and traders have the opportunity to dive into a high-growth project early to get the best outcome.
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.