Whenever someone aims to join the Web3 space and make investments initially, they will likely look at projects that are well-established and that have a solid presence among investor circles.
For example, Solana (SOL) and Avalanche (AVAX) are some of the most well-known projects. But as of recently, both of these projects, specifically, the value of their altcoins, has been in decline. As such, experienced and savvy investors have begun to look at presale-stage projects in order to make the most significant returns; out of them, TMS Network (TMSN) has captured the most attention.
The Solana (SOL) ecosystem is carrying on with its growth; where on May 10, 2023, Hxro Network made an announcement that it will bring Decentralized Finance (DeFi) to Solana (SOL) Non-fungible token (NFT) communities.
The goal is for Solana (SOL) communities to be able to create sustained alignment through positive incentives and rewards to individual contributors for creators. Solana (SOL) has been responsible for some of the most successful and innovative NFTs, such as the Degenerate Ape Academy. The goal of the Hxro and Degenerate Ape Academy will be to create a community-governed DeFi platform.
However, when we go over the value of the Solana (SOL) cryptocurrency, on May 14, 2023, it traded at $20.95. Within the last 30 days, Solana (SOL) saw a decrease in its value by 13.6%, and in the last week alone, it decreased by 7.5%. It is clear why Solana (SOL) investors are beginning to diversify.
A lot of developments have occurred across the Avalanche (AVAX) ecosystem throughout the previous eight months, such as an increase of 4.8x in the nodes that validate the subnets. Moreover, Avalanche (AVAX) has experienced 2.5x more subnets with validators and an increase of 3.4x in Avalanche (AVAX) locked by subnet validators. Warp messaging and elastic subnets also became ready for production, and HyperSDK, alongside other custom VMs, began development.
Despite the massive jump in the scale of the Avalanche (AVAX) ecosystem, the value of the cryptocurrency on May 14, 2023, was at $14.95. In the last 30 days, Avalanche (AVAX) decreased in value by 20.2%. In the last week alone, Avalanche (AVAX) dipped by 10.1%. It is clear that Avalanche (AVAX) is in the red zone and needs to recover, and as a result, investors have begun to diversify.
TMS Network (TMSN)
TMS Network (TMSN) is being developed as a platform where anyone will be able to get truly open access to the opportunity to trade any derivative, ranging from stocks, forex, CFDs, and much more, to even cryptocurrencies, all from a single, Ethereum-based platform.
No account creation procedure is required in order to connect to and use TMS Network (TMSN), as users will just be able to connect with their wallets. Moreover, there will be a lot of features available on the platform, ranging from on-chain analytics to social trading features, where users can copy the most successful traders, to even MT4 and MT5 integration.
During its presale period, the TMS Network (TMSN) token trades at just $0.093. There is currently a 50% bonus on any purchases of TMS Network (TMSN). This means that if an investor buys 10,000 TMS Network (TMSN) tokens, they will receive 15,000 instead, as 5,000 of them will be given as a bonus. Analysts predict that the value of the TMS Network (TMSN) cryptocurrency can climb to $2.15 by the end of 2023, and holders of the token can also earn commissions based on the overall trading volume generated on the platform. As a result of all of this, TMS Network (TMSN) represents one of the best investments for 2023 and beyond.
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