TMS Network (TMSN) Sees Huge Appeal from Investors Followed From The Momentum Experienced By Dogecoin (DOGE), and Ethereum (ETH)
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Getting into the blockchain space can be difficult, with over 23,000 cryptocurrencies top pick from, but this isn’t the case when investors and traders know what to look for.
Some of the most experienced traders and investors know the value surrounding projects in their presale stage, as they have the highest growth potential, and one such project is TMS Network (TMSN). Today, we will go over TMSN and see how it compares to other, more established projects that have been a part of the Web3 space for years, including Dogecoin (DOGE) and Ethereum (ETH).
Dogecoin (DOGE)
Dogecoin (DOGE) is a cryptocurrency that was originally created as a joke, a meme inspired by the Shiba Inu dog meme and has gathered a high level of appeal due to this.
The Dogecoin (DOGE) community is large, and it carries a high level of influence. As for its underlying technology, Dogecoin (DOGE) switched to the Auxiliary Proof of Work (AuxPoW) consensus model and is now merge-mined with Litecoin (LTC), a change that occurred in 2014.
On April 6, 2023, the Dogecoin (DOGE) cryptocurrency traded at $0.091521.
The all-time high of Dogecoin (DOGE) was at $0.731578, a value it reached on May 8, 2021. In regards to its historical performance, in the last seven days, Dogecoin (DOGE) increased b 20.7%, and its overall increase in the month has been at 22.1%.
Here we can see that Dogecoin (DOGE) has a high level of attention from investors, but it isn’t alone, as Ethereum (ETH) and TMS Network (TMSN) also caught a lot of attention.
Ethereum (ETH)
Ethereum (ETH), when looked at from the perspective of its market capitalization, is the second largest cryptocurrency. It uses the Proof-of-Stake (PoS) consensus model and supports smart contracts. Developers have created one of the largest ecosystems of decentralized applications (dApps) on top of Ethereum (ETH), and it has seen widespread usage in Decentralized Finance (DeFi).
When we go over its value, on April 6, 2023, Ethereum (ETH) traded at $1,879.55. The all-time high was on November 10, 2021. Here, Ethereum (ETH) reached a value of $4,878.26.
Regarding its weekly performance, Ethereum (ETH) increased in value by 4.6%. As for its monthly growth, in the last 30 days, Ethereum (ETH) increased by 19.8%.
Alongside these two cryptocurrencies, TMS Network (TMSN) also saw a high level of growth with its presale.
TMS Network (TMSN)
TMS Network (TMSN) as a project is undergoing Stage 2 of its presale and represents a future decentralized trading platform that will enable anyone globally to trade any derivative through the usage of cryptocurrency payments.
On top of TMS Network (TMSN), any user can connect their wallet directly to begin trading futures, CFDs, Forex, CFDs, and much more, without the need to essentially create a separate account.
There is a social trading network that enables anyone to follow and copy the most successful traders and profit from the trades that they make, and there is a dedicated MT4 and MT5 compatibility bridge on TMS Network (TMSN) that enables users to plug in their expert advisors or trading robots on the platform.
TMS Network (TMSN)’s native token carries a high level of utility, as it enables governance votes and lets users get a commission from every trade made on the network.
As the Stage 2 presale occurs, the TMS Network (TMSN) token’s value is at $0.06, with a prediction made by analysts that it can climb to $2.2 by the end of Q4, 2023.
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