ICON (ICX), Arbitrum (ARB), and TMS Network (TMSN) have had very different journeys in the crypto market. However, recent developments in the market and their blockchains have brought great gains to their investors in a single day.
Here is what is happening with ICON (ICX), Arbitrum (ARB), and TMS Network (TMSN).
ICON (ICX) is not a new blockchain. It has been around since January 2018 and is a cross-chain bridge connecting partner chains and other chains. ICON (ICX) has been quite popular in its home country, South Korea. Due to certain recent developments and overnight gains, ICON (ICX) has sprung into the limelight in the global crypto market.
These developments include the introduction of interoperability protocol, Blockchain Transmission Protocol (BTP); the start of a messaging service, xCall; the development of the enterprise-ready solution, Parameta; the launch of smart contracts-supporting consensus algorithm, and so on. Together, they have triggered a massive jump in ICON’s (ICX) prices. ICON (ICX) has registered single-day returns of more than 33%.
Arbitrum (ARB) is a new layer-2 scaling solution for Ethereum. After Arbitrum (ARB) tokens were airdropped, the token price fell. However, the Arbitrum (ARB) community remained positive about token value partly because of the successful history of airdropped tokens. And Arbitrum (ARB) did rebound.
According to the crypto analysis platform Arkham Intelligence, Arbitrum (ARB) activity has remained balanced in the past week. This means whales retain faith in the Arbitrum (ARB) token. On top of it, Arbitrum (ARB) has been experiencing an increase in the inflow of stablecoins. So, it seems investors are accumulating Arbitrum (ARB), which benefits the token’s value.
At the back of the reassuring news, Arbitrum (ARB) has been appreciating in value. It has grown 10% in a short while. And the buyer pressures indicate that it will keep appreciating.
TMS Network (TMSN)
TMS Network (TMSN) has been making incredible gains in presale sessions. The decentralized exchange has become the first platform to allow multi-asset trading. TMS Network (TMSN) enables traders to trade equities, CFDs, forex, and cryptocurrencies. It allows non-crypto traders to enjoy the benefits of decentralized exchanges, like low-cost transactions, complete transparency, and high transaction speeds. On the other hand, crypto traders are interested in decentralized exchanges after the shady operations of the centralized exchange, FTX, brought it down.
The stage 1 presale of TMS Network (TMSN) has garnered $500,000 at $0.025. The stage 2 presale has raised another $3.5 million. The current price of TMS Network (TMSN) is $0.05, a 100% increase from its price during the stage 1 presale. TMS Network (TMSN) is expected to appreciate over 5,000% after its launch, which makes it more attractive than ICON (ICX) and Arbitrum (ARB) for investors. If you have been observing the strong momentum following TMS Network (TMSN), the predictions line up.
Learn more about TMS Network here:
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