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As more investors and traders than ever before enter the blockchain space, knowing what's worth investing in and what is not is essential.
Experienced traders will typically follow market trends, have an in-depth look at the value performance of coins and tokens, and make a well-educated decision based on that data.
Today, we will be jumping into and will be taking an in-depth look at what a new project in its presale phase has to offer, TMS Network (TMSN), and will put it against Chainlink (LINK) and Polkadot (DOT) to see how it can compete.
Chainlink (LINK) is a network that aims to provide tamper-proof inputs as well as outputs of data for smart contracts on any blockchain network. This means that through the power of Chainlink (LINK), anyone can get on-chain and off-chain data by connecting their smart contracts to various data sources or even third-party APIs.
Additionally, the native cryptocurrency, Chainlink (LINK), is utilized to pay for all services that occur on top of the network.
Going over the value of the Chainlink (LINK) cryptocurrency, on April 6, 2023, it was trading at $7.20. The all-time high of Chainlink (LINK) was on May 10, 2021, at $52.70. In the last 24 hours, Chainlink (LINK) decreased its value by 3.9%. As for its performance in the last 30 days, Chainlink (LINK) has seen an overall increase of 5.9%. This means that its future outlook is uncertain and can swing in either direction. As a result, investors and traders have been eyeing other competing cryptocurrencies, including Polkadot (DOT) and TMS Network (TMSN).
Polkadot (DOT) is a shared network that enables cross-chain communication and even interoperability. The Polkadot (DOT) project can connect multiple blockchains within one unified network. Polkadot (DOT) features the Relay Chain, Parachains, and Bridges for its operations.
As for the native cryptocurrency, Polkadot (DOT) is used for governance, staking, bonding, and the payment of network fees.
The Polkadot (DOT) cryptocurrency traded at $6.27 on April 6, 2023. The all-time high for the cryptocurrency was achieved on November 4, 2021, at $54.98.
In regards to the 24-hour performance, the Polkadot (DOT) crypto decreased by 3.9%, while in the last 30 days, it's still up 6.6%. This gives us an indication that it is volatile and that its future is also uncertain.
TMS Network (TMSN) is a platform that has been built on top of Ethereum and offers a location where anyone can move away from the traditional trading industry and gain access to any derivative from anywhere in the world. TMS Network (TMSN) as a platform is the first of its kind, where it solves many of the issues found with traditional investments by offering a seamless and enjoyable trading experience that features instant transaction processing, does not require a separate account, and does not require users to make FIAT payments.
By holding the native cryptocurrency, TMS Network (TMSN), users can get access to governance votes to advanced trading features and can earn commissions from the trading volume the platform generates.
There is also a social trading infrastructure that enables users the ability to copy the best traders and profit from their trading decisions. There is also an MT4 and MT5 compatibility bridge. This means that all users can plug in their expert advisors and trading robots within TMS Network (TMSN) platform.
The TMS Network (TMSN) token is undergoing Stage 2 of its presale phase, which is already 50% complete. At this stage, TMS Network (TMSN) is trading at $0.06. Analysts predict that TMSN can reach $2.2 in value by December 2023. This means that investors and traders who want to get the most out of the token can get it at the presale stage before it jumps in value.
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.
