The fallout from FTX’s demise last year is still being felt months later as more and more crypto companies fail. Silvergate Capital Corp is the latest to go down after announcing plans to cease operations and liquidate voluntarily. As a result of this move, market uncertainty has increased and most cryptocurrencies have fallen. Layer-1 cryptocurrencies Solana (SOL) and Aptos (APT) have both continued to fall as investors seek safer investments. TMS Network (TMSN) on the other hand, has continued to grow steadily despite the recent market turmoil. As a result, major Solana (SOL) and Aptos (APT) investors are shifting their funds to the new market entrant.
TMS Network (TMSN) is a DeFi-focused trading platform that has served as a haven for traders fleeing centralized trading exchanges and other decentralized exchanges. TMS Network (TMSN) aims to address the most pressing issues in today’s trading environment. These include, but are not limited to, price inconsistency, high trading fees, price manipulation, wash trading, transaction delays, insufficient trading experience, and a lack of trading education among investors.
While Solana (SOL) and Aptos (APT) have continued to fall along with the rest of the crypto ecosystem, TMS Network (TMSN) has maintained significant success despite being a new project still in the early stages. TMS’ presale success has seen the cryptocurrency close a successful stage one presale after selling out in just two weeks and continuing this success to the second stage. In this article, we’ll take a look at Solana (SOL), Aptos (APT), and TMS Network (TMSN) to see why TMS Network (TMSN) has become the preferred option for most investors.
Solana (SOL) And Aptos (APT) Fail to Live Up to Investor Expectations
Solana (SOL) and Aptos (APT) were developed to challenge Ethereum (ETH) for a place as the leading layer-1 network that supports DeFi activity. Solana (SOL) was the first to launch in 2020, followed by Aptos (APT) in 2021. While Solana (SOL) and Aptos (APT) both claim to offer faster transaction speeds and lower transaction fees than Ethereum (ETH), they have yet to replace the network as the preferred option for DeFi users.
Solana (SOL) fell out of favor with investors in 2022 after becoming embroiled in the FTX saga. Alameda Research, FTX’s sister company, held a large stake in the Solana (SOL) network, and when FTX fell, Solana (SOL) couldn’t help its price. Four months later, Solana (SOL) has regained much of its value, but investors remain cautious.
Aptos (APT) rose to prominence primarily due to its developer team. Most developers were from Meta and had previously worked on Facebook’s failed cryptocurrency project Diem. Aptos (APT) talked about superior technology and even faster transaction speeds than Solana (SOL) and Ethereum (ETH). Theoretically, Aptos (APT) could handle over 100,000 transactions per second. However, when Aptos (APT) first went live, it could only process four transactions per second. Aptos’ (APT) tokenomics raised eyebrows as well, as the team only revealed the exact details of the project’s tokenomics 24 hours before it began trading. Furthermore, during the launch, most of Aptos (APT) tokens had been allocated to Aptos insiders, which worried other investors.
Investors Choose TMS Network (TMSN)
While Solana (SOL) and Aptos (APT) have failed to impress investors, many have shifted their funds to other cryptocurrency projects. TMS Network (TMSN) has received most of these investors, causing its presale to boom. For example, the first round of TMS Network’s (TMSN) presale sold out two weeks early, raising over $500,000. And the second round is on track to outperform the first. TMS Network (TMSN) also raised $1.8 million in a private seed sale. So far TMS Network (TMSN) has raised more than $3 million.
TMS Network is the first platform of its kind, allowing investors to trade all derivatives, including stocks, CFDs, cryptocurrencies, and forex using cryptocurrency payments and without the need for a trading account. TMS Network (TMSN) leverages the decentralized power of blockchain technology to provide this experience in a secure, efficient, and transparent environment, eliminating the problems associated with centralization.
TMS Network’s non-custodial portfolio management solution ensures that traders always have complete control over their assets. This eliminates the need for traders to entrust their assets to a third party, giving them greater peace of mind and security. To trade on the TMS Network (TMSN), traders just connect their wallets and trade on all major exchanges. There is no longer any need to fill out tedious paperwork to open a trading account.
Furthermore, by acquiring $TMSN tokens, traders will earn a commission on trading volumes generated by other traders using the TMS platform. The commission allocated to each trader will increase as the platform grows and more users join. The TMSN token is currently trading at a discounted price of $0.038 in the presale. As more investors flock to the presale, this price continues to rise. Invest now to catch it before it goes up again. TMS Network (TMSN) is expected to increase by 100x before the end of the year.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.