The new crypto project, TMS Network (TMSN), has made big waves in the market during its presale phase, whose stage 1 sold out early. TMS Network (TMSN) has raised $500K during stage 1, and $2 million through a private seed sale. On the other hand, Filecoin (FIL) and Arweave (AV) have faced market challenges.
Filecoin (FIL) Aims To Attract dApps Developers
Filecoin (FIL) has successfully created massive hype around the launch of Filecoin Ethereum Virtual Machine (FEVM). Filecoin’s (FIL) FEVM will provide smart contracts and enable developers to build dApps on the network. Filecoin (FIL) will launch the FEVM on the main network on March 14. Initially, the price of Filecoin (FIL) also surged following the announcement of the launch of FEVM. But Filecoin (FIL) has witnessed a dip in its price in the past two weeks. Hence, investors are looking forward to the launch of FEVM for the growth of Filecoin (FIL). The price of Filecoin (FIL) has fallen by 27% in the last week. Currently, Filecoin (FIL) trades at $6.75, which is 97.16% below its peak of $237.24.
Arweave (AR) Left Behind In The Upgradation Race
Demand for decentralized storage networks has increased lately. Hence, Arweave (AR) has also tried to encash the prevailing positive market sentiments. However, Arweave (AR) has faced stiff competition from its rival platforms like Filecoin and Storj. Experts believe that the non-upgradation of Arweave (AR) with the changing times has hurt the growth prospects of the project. With constant upgrades and new developments, other decentralized storage networks have been able to outrun Arweave (AR). Subsequently, the price of Arweave (AR) has witnessed a decline in recent times. Arweave (AR) has fallen by 22% in the last seven days. At present, Arweave (AR) is being traded at $10.02, which is 89% below its all-time high of $90.94.
TMS Network’s (TMSN) Presale Tokens Getting Subscribed At Fast Pace
A social trading platform, TMS Network (TMSN), has been built with the active participation of veteran traders and investors of derivatives and cryptos. TMS Network (TMSN) eyes to disrupt traditional trading practices. It has set up a protocol that enables people to trade in a range of digital assets without any hassle.
TMS Network (TMSN) presale has exploded. The presale round of TMS Network supplies TMSN tokens, the platform’s native crypto. The price of TMSN tokens has already soared from $0.003 to $0.025, within a few days of its launch. TMSN holders will also be benefitted from the revenue-sharing model of the network. The revenue-sharing model will allow TMS Network (TMSN) to distribute its earnings from the transaction commission among all TMSN holders.
TMS Network (TMSN) allows the digital trading of many digital assets, including cryptos, Forex, CFDs, and stocks, to sustain enough liquidity on the platform. It allows traders to finalize their trades instantly. TMS Network (TMSN) facilitates instant deposits and withdrawals of digital assets with a single user interface.
TMS Network (TMSN) uses blockchain technology, and ensures secure and transparent trade activities. It has deployed smart contracts on the network to oversee all trades. Besides, there are no intermediaries on the network. So, people can execute transactions on TMS Network (TMSN) at lower costs. Scalability is a notable feature of TMS Network (TMSN). The platform can seamlessly handle a rise in the number of transactions while maintaining its swift speed. The network also encourages people to conduct their research through its educational resources, such as market analysis and trading signals.
You can find out more about TMS below: