Cryptocurrency investors and traders are consistently on the lookout for ways in which they can diversify their holdings and add new coins or tokens that can help them build up a solid cryptocurrency portfolio, ones that can become huge within the Web3 space.
As of recently, TMS Network (TMSN) has caused a lot of buzz around itself within cryptocurrency communities, as it completed Stage 1 and now is in stage 2 of its presale and has grown regarding its value. Today, we will review TMSN and see how it compares to Injective (INJ) and Conflux (CFX), two well-established cryptocurrencies.
Injective (INJ) is an open and interoperable smart contract platform that aims to enable the creation of Decentralized Finance (DeFi) applications.
The Injective (INJ) platform is built through the usage of the Cosmos SDK and uses the Tendermint-based Proof-of-Stake consensus mechanism.
The Injective (INJ) cryptocurrency is used for protocol governance, decentralized application (dApp) value capture, security of its Tendermint-based Proof-of-Stake (PoS) consensus mechanism, staking, and for developer incentives.
As of March 27, 2023, the Injective (INJ) cryptocurrency was trading at a value of $4.02.
The all-time high behind the Injective (INJ) cryptocurrency was on April 30, 2021, when it reached a value of $24.89. This means that Injective (INJ) is trading at 83.81%, under its all-time high.
As for the performance of Injective (INJ) in the last 30 days, the cryptocurrency saw an increase of 10.5%.
Conflux (CFX) is a scalable public blockchain that is powered through the usage of a Tree-Graph. This means that Conflux (CFX) incorporates a consensus protocol known as GHAST that processes concurrent blocks without discarding any as forks.
The native cryptocurrency behind the platform is Conflux (CFX), and it is used for network consensus, ecosystem incentivization, governance, and for staking.
Going over the performance of the Conflux (CFX) cryptocurrency, we can see that on March 27, 2023, it was trading at $0.338260.
Going over its all-time high, Conflux (CFX) on March 27, 2021, reached a value of $1.70. This means that Conflux (CFX) trades at 80.22%, under its all-time high.
In the last 30 days, however, Conflux (CFX) has increased in value by 41.2%.
Aside from these two cryptocurrencies, investors and traders have also been eyeing TMS Network (TMSN)
TMS Network (TMSN)
TMS Network (TMSN) is a decentralized trading platform that aims to enable any trader of any experience level to have an unmatched level of freedom in regard to their decision-making process.
Using the TMS Network (TMSN) platform, they can trade any derivative, such as stocks, equities, CFDs, and much more.
Users are not required to create a separate account to use TMS Network (TMSN), and they can just connect their cryptocurrency wallet.
As for the additional features supported on TMS Network (TMSN), there is a copy trader feature that lets anyone copy the successful traders of more experienced traders, and there is the support of MT4 and MT5.
The holders of the cryptocurrency also get additional benefits, such as access to advanced trading tools, and can get a commission fee from every trade made.
The TMS Network (TMSN) token Stage 2 presale is 70% complete, where the token is offered at a value of $0.04. Analysts predict that the value behind TMS Network (TMSN) can jump to $2.20 by the end of Q4, 2023, providing investors with a unique opportunity.
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