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Cryptocurrency investors and traders are consistently looking for new, exciting projects that can change traditional, centralized industries but also make a huge impact in the Web3 space, and analysts predict that one of the latest blockchain-based projects that can establish this disruption is TMS Network (TMSN).
By quickly completing its Stage 1 presale, TMSN has showcased that there is interest in the project, but today, we will look at how it compares to Arbitrum (ARB) and Conflux (CFX), projects that have been a part of the blockchain space for a long time.
Arbitrum (ARB) is a network that utilizes the power of rollups to combine many different transactions within a single one, ultimately losing any on-chain transaction costs and boosting scalability.
The native cryptocurrency, Arbitrum (ARB), is used for governance, where holders are able to vote within Arbitrum (ARB) DAO governance proposals.
When we go over the value of the Arbitrum (ARB) cryptocurrency, on March 31, 2023, it was trading at $1.35.
The Arbitrum (ARB) crypto reached an all-time high on March 23, 2023, at $8.67.
Regarding its recent performance, within the last 24 hours, Arbitrum (ARB) decreased in value by 2.3%. In the last seven days, Arbitrum (ARB) managed to only increase in value by 0.7%.
Due to its bearish outlook and stalled momentum, investors and traders are looking at alternative projects such as TMS Network (TMSN).
Conflux (CFX) is a scalable, decentralized blockchain network that has been purpose-built to facilitate throughput and quick confirmations.
The main aspect in which Conflux (CFX) differs from competing projects is its implementation of the GHAS consensus protocol, which utilizes the ledger structure called Tree-Graph.
The native cryptocurrency behind the project, Conflux (CFX), is used for network consensus, ecosystem incentivization, governance, and staking.
As of March 31, 2023, Conflux (CFX) was trading at a value of $0.418019.
The all-time high behind Conflux (CFX) was on March 27, 2021, when it reached $1.70. This indicates that the cryptocurrency is now trading at 75.71% at its all-time high.
In the last 24 hours, Conflux (CFX) increased in value by only 0.4%; however, in the last seven days, its increase was 8.8%. The Conflux (CFX) crypto grabbed attention as, in the last 30 days, it increased by 113.1%. However, it isn't the only cryptocurrency that saw a major appeal from investors, as TMS Network (TMSN) did so as well.
TMS Network (TMSN) is a decentralized network developed on top of the Ethereum blockchain and is a platform that can fundamentally change how traders interact with their derivatives.
Additionally, on top of the TMS Network (TMSN), anyone can trade any derivative they want, from stocks, CFDs, futures, and more, all of which can occur directly with cryptocurrencies. This means that they do not need to create a separate account and can just link their cryptocurrency wallets in order to begin trading.
When we go over the platform's native cryptocurrency, TMS Network (TMSN), it is used for access to advanced tools and can enable its holders to get commissions that are earned based on the trading volume on the platform.
Some notable features of the TMS Network (TMSN) platform include access to a Copy Trader feature and support for MT4 and MT5, enabling anyone to plug in trading bots to the platform and expert advisors.
As it is currently undergoing Stage 2 of its presale,e TMS Network (TMSN) is offered at a value of $0.046. Analysts predict that the cryptocurrency will climb to $2 by December 2023.
Investors and traders will want to jump into the presale early by signing up at the links below and getting the token before it skyrockets 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.
