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2023 is turning out to be an interesting year for cryptocurrencies. While Polygon (MATIC) struggles to perform and is laying off 20% of its workforce due to the 2022 crypto winter, Solana (SOL), however, seems to be moving on an upwards trend. On the other hand, TMS Network continues to spark investor confidence and has successfully launched its presale. Currently, TMS Network (TMSN) is in the first presale stage at $0.029 per token.
TMS Network (TMSN) is a premier decentralized trading platform that's developed on blockchain technology. The core objective of the platform is to offer users streamlined trading accessibility, affordability, and tamper-proof trading abilities. Plus, with TMSN, you can trade a variety of traditional and digital assets such as NFTs, cryptos, CFDs, fiat currencies, stocks, and much more.
With TMS Network (TMSN), you will always have a competitive advantage in terms of making fast trades. But perhaps one of the best things about the platform is that it offers quick funds withdrawal and deposits.
In addition, TMSN token holders will have the luxury to access the platform's unique governance feature and voting. Moreover, TMS Network (TMSN) successfully secured a $2 million private seed sale through an incubator fund.
As the digital asset and currency marketplace continues to reel back from the devastating volatility of 2022, there are a lot of altcoins and crypto projects that are laying off workers. Polygon (MATIC) is one of them.
According to reports, Polygon (MATIC) has laid off up to 20% of its manpower (100 employees) in the past couple of days. This was stated in an official report posted by Polygon in February.
According to official reports, the decision to downsize primarily stems from the company's objective to bring all its workers under the umbrella of Polygon Labs for continual long-term expansion in the future.
To make sure things turn out as smoothly as possible for the employees that have been let go, Polygon also decided to pay all employees severance pays for three months.
After significantly plummeting in value (more than 80%), Solana (SOL) has bounced back remarkably well in the first couple of months of 2023. The price of Solana has skyrocketed up to 2x in February, increasing by more than 55%. According to CoinGecko, currently, Solana is trading at $23.70.
Moreover, the renowned (Ethereum Killer) also experienced a historic increase in trading volume since the FTX setback, which nearly diminished Solana to nothing in 2022.
It is a pretty amazing rebound for Solana (SOL) considering just a couple of months ago, Solana was down 94% and was trading at $8.17. Currently, Solana (SOL) is outpacing Polygon (MATIC) to once again be listed as one of the top 10 cryptos in terms of market capitalization.
While things look bleak for Polygon (MATIC) at the moment, Solana (SOL) is continually sparking investor confidence. On the other hand, TMS Network (TMSN) seems to be making even bigger waves as the future of decentralized trading.
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
Twitter: https://twitter.com/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.
