The Web3 industry is consistently evolving, as more projects than ever before are fighting for the top spot regarding market capitalization, utility, and appeal.
As of April 13, 2023, there are over 23,300 cryptocurrencies available. What this means is that a project has a high level of competition and genuinely needs to do something unique to stand out.
One such project among investor circles is TMS Network (TMSN), and today, we will go over what this project is and how it compares to other well-established projects, including Mask Network (MASK) and NEAR Protocol (NEAR).
Mask Network (MASK) is essentially a bridge from Web2 to Web3 that makes it possible for social media platforms, like Facebook or Twitter, to utilize features otherwise exclusive to the blockchain space.
What this means is that by using Mask Network (MASK), anyone will be able to conduct payments, tipping, trading, decentralized file storage, or use non-fungible tokens (NFTs) without needing to leave the social media network.
The native cryptocurrency, Mask Network (MASK), is used for governance and also has a use-case surrounding the incentivization of the protocol.
When we go over the value of the Mask Network (MASK) cryptocurrency, as of April 13, 2023, it was trading at $5.69. The all-time high of Mask Network (MASK) was reached on February 24, 2021, at $41.45.
When we go over its historical performance, in the last 30 days, Mask Network (MASK) grew by 75.3%. In the last 24 hours, the Mask Network (MASK) crypto increased by 5.5%. It is clear that this cryptocurrency has showcased growth, but it is not alone, as investors and traders have also been paying attention to NEAR Protocol (NEAR) and TMS Network (TMSN).
NEAR Protocol (NEAR) is a blockchain built for the creation of decentralized applications (dApps) reliant on the Proof-of-Stake (PoS) consensus model known as Nightshade.
The native cryptocurrency, NEAR Protocol (NEAR), is used for the payment of fees, to run a validator node, and is used for governance votes.
The NEAR Protocol (NEAR) network aims to provide dynamic scalability and stabilize fees.
On April 13, 2023, the NEAR Protocol (NEAR) cryptocurrency was trading at $2.20. In regards to its all-time high, on January 16, 2022, NEAR Protocol (NEAR) reached $20.44.
As for its recent performance, in the last 30 days, NEAR Protocol (NEAR) increased by 7.6%, and in the last 24 hours, it increased by 3.1%.
TMS Network (TMSN) is a decentralized platform that is built on top of the Ethereum blockchain, and that can revolutionize the traditional trading industry. Through the TMS Network (TMSN), anyone globally will be able to trade any derivative. This means that users can leverage the power of TMS Network (TMSN) to begin trading CFDs, forex, stocks, futures, and much more, without the need to create a separate account.
All they need to do to begin using the platform is to connect their cryptocurrency wallet. All of this works without the requirement of FIAT currencies either.
The native token is known as TMS Network (TMSN), and it is used for governance accessing specific advanced trading tools, and its holders can get commissions from the trading volume generated on the platform.
Some additional features behind TMS Network (TMSN) include its implementation of social trading features and support for MT4 and MT5.
At its Stage 2 presale period, TMS Network (TMSN) is trading at a value of $0.075. Analysts within the Web3 space predict that its value can climb to $2.2 by the end of December 2023, and any trader who aims to get it before it rockets in value can do so at the links 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.