The crypto market has been in freefall mode since late 2021 with no signs of slowing down. Twenty months of a broad decline have understandably led investors to look for potential rising stars. Polygon (MATIC) and Tron (TRX) are two of the most popular investment choices for 2023. Yet, they will likely continue feeling the effects of crypto’s downward spiral. Meanwhile, TMS Network (TMSN) is a fresh altcoin set to leave a mark in the crypto derivatives industry.
TMS Network (TMSN): The Latest Innovative Decentralized Trading Platform
TMS Network (TMSN) is a pioneering, decentralized trading platform for CFDs like crypto, forex, and equities. It’s a carefully designed solution to the many problems in the conventional industry, like high trading fees, absence of transparency, and lack of price consistency.
Community empowerment is another significant element of the TMS Network (TMSN). The platform will include bots, social trading, signals, and portfolio management features.
TMS Network (TMSN), the service’s utility token, is what sweetens the deal when it comes to TMS Network’s ecosystem. Moreover, holders of TMS Network (TMSN) will receive several exclusive benefits.
Firstly, they can access trader courses to help them trade like pros. Secondly, voting rights will allow TMSN holders to influence the platform’s future developments. Finally, TMSN holders can receive a portion of the trading commission for each order TMS Network (TMSN) executes. This is the most worthwhile incentive, resulting in a passive income stream that would increase with more users.
TMS Network (TMSN) has risen from $0.003 to $0.11, with more room for explosive growth, according to experts. TMS Network is currently in stage 4 of its presale, with millions of tokens still up for grabs. So, if this sounds like your cup of tea, hurry not to miss your chance!
Polygon (MATIC): Major Update on The Way Despite SEC Lawsuit
It’s been a poor month for many digital currencies like Polygon (MATIC) due to the latest SEC lawsuit against Binance and Coinbase. The stern US-based regulator has labeled altcoins like Polygon (MATIC) as ‘unregistered securities.’
Still, Polygon (MATIC) developers have officially refuted the SEC’s claims to steady the ship for investors. However, these allegations are the primary reason for Polygon’s (MATIC) decline, falling from $0.90 to $0.51 since June.
As if things couldn’t get worse, platforms like Robinhood and eToro have halted the purchase or delisted Polygon (MATIC) due to the SEC crackdown.
Still, this hasn’t stopped Polygon Labs, the organization behind Polygon (MATIC), from improving the blockchain. ‘Polygon 2.0’ is the latest announcement from Polygon (MATIC) developers, dubbed a major update to ‘construct the value layer of the internet.’
This positive news resulted in a recent spike in active addresses. Yet, on the whole, Polygon (MATIC) is far from out of the woods.
Tron (TRX): Reaffirms Commitments to Its Original Vision
Tron (TRX) is ranked slightly higher than Polygon (MATIC), according to CoinMarketCap. But, like its counterpart, the price action has been quite bearish. Tron’s (TRX) value currently is $0.07, a 20% decrease from a high of $0.85 at the start of June.
Furthermore, the declining open interest behind Tron (TRX) aligns with this performance. Yet, Tron’s (TRX) CEO Justin Sun gave a speech suggesting that his blockchain is preparing for a massive change.
The gist was to reassure users and investors that Tron (TRX) is committed to its original goals. One of the new objectives is to build a ‘Metaverse free port.’
Also, Tron (TRX) underwent a recent update where the blockchain is now bridged to Ethereum. This move will allow Tron (TRX) to tap into the latter network’s deep liquidity, hopefully reviving the price over time.
Explore the TMS Network presale here:
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