With a huge level of interest from traders and investors in Web3 projects and technologies, there has been a lot of hype and attention given to projects that truly stand out from the rest.
One such project is TMS Network (TMSN), which can revolutionize the trading space for millions of users globally.
However, to truly see why this project has grabbed so much attention, we will be comparing it to other altcoins that have been a part of the blockchain industry for a lot longer, and these include Fantom (FTM) and Mina (MINA).
Fantom (FTM) is a platform that utilizes a direct acyclic-graph-based distributed ledger. Additionally, the Fantom (FTM) leverages the power of an asynchronous byzantine fault tolerant Proof-of-Stake (PoS) system for achieving consensus known as Lachesis.
The Fantom (FTM) platform also features integration with the Ethereum Virtual Machine (EVM) and the Web3JS stack.
The native cryptocurrency behind the platform is Fantom (FTM), and it is used for staking, on-chain governance, and even for the payment of network fees.
As of April 13, 2023, the Fantom (FTM) cryptocurrency traded at a value of $0.520287. The cryptocurrency reached its all-time high on October 28, 2021, at $3.46. As for its historical performance, in the last 24 hours, Fantom (FTM) increased by 7%, and in the last 30 days, its overall increase has been at 26.1%. Aside from Fantom (FTM), investors and traders are also eyeing Mina (MINA) and TMS Network (TMSN).
Mina (MINA) is a Layer-1 blockchain that primarily aims to solve the scalability issues found within networks. As such, Mina (MINA) utilizes small block sizes alongside the zk-SNARK system, which allows for more people to run nodes. Additionally, Mina (MINA) allows users to secure their data and help it remain decentralized.
The native cryptocurrency, Mina (MINA), is utilized for taking network transaction fees and for block production. A notable feature of Mina (MINA) is its Ouroboros Samasika model, which is a modified Ouroboros Proof-of-Stake (PoS) consensus mechanism.
As of April 13, 2023, the Mina (MINA) cryptocurrency traded at $0.767039. The cryptocurrency reached $9.09 on June 1, 2012, marking its all-time high point of value.
In the last 24 hours, it climbed in value by 6.4%, and in the last 30 days, the overall increase has been by 3.7%. While the growth is not significant as the other altcoins, it has still piqued some interest.
TMS Network (TMSN) is a decentralized project, which represents an all-in-one trading platform that can completely shift the way people trade through the usage of Web3 technology.
The TMS Network (TMSN) platform will enable anyone the ability to trade any derivative, from futures, forex, CFDs, and much more, all through the usage of cryptocurrencies.
Regarding the utility of the native cryptocurrency, TMS Network (TMSN) can be used for voting in the governance process, accessing specific tools on the platform, and getting a commission based on the overall trading volume generated throughout the platform.
On top of TMS Network (TMSN), users can copy what other successful traders are doing to learn from their moves, and there is even support for MT4 and MT5.
In regards to its value, TMS Network (TMSN) is currently at its Stage 2 presale. Here, it is trading at $0.075. Cryptocurrency analysts predict that the TMS Network (TMSN) token can climb to $2 by the end of December 2023. Any investor or trader looking to dive into the token can do so in the links below.
Find more about TMS Network here:
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/TMSNetworkIO
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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.