Place/Date: - April 20th, 2023 at 5:29 am UTC · 3 min read
Source: TMS Network
TMS Network (TMSN) has taken the crypto world by storm after its staggering presale performance. The market value of TMS Network (TMSN) is already pumped by 2400% in the first four weeks, with more growth yet to come. On the contrary, Polygon (MATIC) and Litecoin (LTC) are losing their glow.
The latest data by Santiment revealed that Polygon (MATIC) has witnessed its lowest levels of supply on crypto exchanges in the past four years. According to the data, just 7.1% of Polygon’s (MATIC) supply is currently available on exchanges. While the firm says that it would put investors at ease, other growth metrics have made its community worried. According to Glassnode’s data, the number of Polygon (MATIC) tokens locked in the network’s smart contracts has reduced considerably in recent weeks. Polygon’s (MATIC) social growth has also been in the red. Notably, Polygon (MATIC) has fallen by 14% in the social dominance metrics. According to experts, these events can put bearish pressure on Polygon (MATIC) in the coming weeks, affecting its price movement. At present, Polygon (MATIC) is available to trade at $1.18.
Litecoin (LTC) has undertaken several development activities this year, which have helped the network stay afloat in the prevailing bearish market conditions. At the beginning of 2023, Litecoin (LTC) partnered with Mastercard to roll out the Litecoin Card Program across Europe. After this partnership, Litecoin (LTC) witnessed an increase in its adoption and hash rate. Subsequently, the price movement of Litecoin (LTC) moved further north. As per the latest data by Santiment, crypto whales have started taking interest in Litecoin (LTC) in recent weeks, which can increase its price further. However, according to LunarCrush, bearish sentiments around Litecoin (LTC) have become 30% stronger, indicating that a price breakdown can be around the corner. Currently, Litecoin (LTC) is changing hands at $96.22.
TMS Network (TMSN) has refined the online trading industry by creating an all-inclusive Web3 platform that merges traditional derivatives and cryptocurrencies. It has made the trading industry more attractive by solving issues like wash trading, price manipulation, lack of price uniformity, and low transaction speed.
TMS Network (TMSN) does not require people to create a new account on the platform to use its services. Connecting the wallet to the platform is enough for users to start trading on it. TMS Network’s (TMSN) hybrid infrastructure model ensures that institutional-level liquidity on the platform always stays intact. This feature aids traders in completing their transactions instantly.
Another remarkable feature of TMS Network (TMSN) is its price aggregation. If you open a buy trade on one exchange, but its selling price is higher on another exchange, TMS Network (TMSN) will automatically opt for the better price.
TMS Network (TMSN) also takes steps to raise trading awareness through its educational resources, like market analysis and trade signals. With the TMS Trader education program, the platform aims to help traders make informed decisions. It has also incorporated MT4 and MT5 compatibility bridges, and trading bots to smoothen the processes of online trading.
At present, a TMS Network (TMSN) token can be locked at $0.08. The price of TMSN tokens was only $0.003 at the launch of its presale round, but it has soared by 2400% in the first two months. Moreover, experts are certain that the market price of $TMSN tokens will increase by 100x by the end of 2023.
Find more about TMS Network here: Presale, Website, Telegram, Twitter.
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