Digital and decentralized revolution is brewing as newer innovative projects reform and disrupt the status quo. Amid this exciting change, the hot TMS Network (TMSN)‘s decentralized trading platform has raised the dust, surpassing all expectations in 2023. Its remarkable rise in presale has outshined even the renowned Arbitrum (ARB) and Litecoin (LTC), captivating investors and traders with over $6 million in funding and a 2000% token rise. This article delves into the explorative journey of TMS Network (TMSN) and its revolutionary trading features.
Arbitrum (ARB) going sub-$1 as bearish sentiment rises
Arbitrum (ARB)’s new layer two scaling solution has taken over the headlines as one of the most efficient and popular scaling solutions on Ethereum. The network was designed to reduce congestion and improve the efficiency of its parent chain using scaling technology and rollups.
However, since Arbitrum (ARB) launched its highly anticipated native token, the coin has faced significant downturn and sell pressure as airdrop beneficiaries dump their holdings. Another concerning part of Arbitrum (ARB)’s drastic fall is the decline in trading volume. Adding to the negative sentiment surrounding Arbitrum (ARB) is the recent hacking incident involving the Arbitrum (ARB)-based Jimbos Protocol to the tune of approximately $7.5 million.
As of today, the Arbitrum (ARB) token has gone down by over 90%, trading at $1.14 from the all-time high value of $11.7. The lack of a substantial increase in daily transaction volume and the significant selling pressure has a negative outlook for Arbitrum (ARB).
Litecoin (LTC) soaring as halving nears. Can it rise to ATH?
Created in 2011, Litecoin (LTC) was designed to improve Bitcoin’s shortcomings using the all-new Scrypt hashing algorithm, making the chain even more efficient. Currently, Litecoin (LTC) is gaining momentum as its upcoming halving event approaches. The token, priced at $92.58, is set to undergo its third mining reward halving in August.
Another indicative factor for Litecoin (LTC)’s gain is increasing user address and on-chain volume, which suggests that larger players are entering the Litecoin (LTC) market in anticipation of the halving. The upcoming halving has also influenced Litecoin (LTC) futures derivatives, with open interest reaching the highest level. These factors contribute to a bullish case for Litecoin (LTC) as the halving draws near, potentially driving Litecoin (LTC)’s price higher. Litecoin (LTC) could see further upside if history repeats itself, surpassing the $100 level in the coming months.
TMS Network (TMSN) blazing hot in presale, take over Arbitrum (ARB) and Litecoin (LTC) ahead of launch
TMS Network (TMSN) is making waves in the cryptocurrency world with its impressive presale performance. The platform’s native token, TMSN, is blazing hot in gains, toppling Arbitrum (ARB) and Litecoin (LTC) as the anticipated launch nears. As a newly launched decentralized exchange (DEX), TMS Network (TMSN) allows users to trade not only in crypto markets but also in traditional markets such as CFDs, forex, and equities.
Since its stage 1 presale, TMS Network (TMSN) has garnered significant attention from crypto investors. The price of TMS Network (TMSN) has seen remarkable growth, climbing from $0.025 in stage 1 to $0.078 in stage 3. Currently in stage 4, TMS Network (TMSN) is already trading at an impressive $0.097, skyrocketing by an impressive 2000%.
This exceptional surge in value positions TMS Network (TMSN) as a formidable contender in the crypto market. It has even surpassed well-established platforms like Arbitrum (ARB) and Litecoin (LTC), especially with the groundbreaking STP trade execution protocol.
TMS Network (TMSN) leverages the power of blockchain technology to offer state-of-the-art algorithmic trading tools. This also makes the platform immune to traditional trading inefficiencies like wash trading, price manipulation and slow trading. With its innovative approach and soaring popularity, TMS Network (TMSN) is poised to make a significant impact upon its official launch.
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