With cryptocurrencies continuing to gain traction, the crypto market remains a dynamic and rapidly-evolving space. This week is no exception, as new developments are emerging, which are likely to impact the industry. From TRON (TRX) bringing a new digital age to Polygon (MATIC) exploring a new platform, and TMS Network (TMSN) bringing us great presale numbers, there’s a lot in store to explore.
TRON (TRX) Revolutionizes Digital Identification for Dominica Metaverse
TRON (TRX) is in the process of developing one of the first Caribbean Digital Identity Initiatives, including the establishment of the Dominica Metaverse. It will also include the Dominica Digital Identity (DDID) as well as Dominica Coin (DMC) programs. This step will allow Dominica to lead the way, and allow blockchain technology to transform everyday life for the years to come. Digital identity is a key component of Web3, and TRON (TRX) will be responsible for the issuance of the aforementioned tokens. Notably, TRON’s (TRX) native tokens have been recognized as legal tender in the Commonwealth of Dominica since last year.
The present value of TRON (TRX) is $0.065981, with a 24-hour trading volume of $217,554,221. TRON (TRX) has experienced a rise of 0.20% over the last 24 hours. According to CoinMarketCap, TRON (TRX) is currently ranked #14, with a live market capitalization of $6,025,332,597. TRON (TRX) has a circulating supply of 91,319,368,113 coins.
Binance NFT Marketplace now supports Polygon (MATIC)
Binance, one of the largest cryptocurrency exchanges in terms of daily trading volume, has announced the integration of the Polygon (MATIC) network into its marketplace. Following this integration, Binance now supports BNB Smart Chain, Ethereum (ETH), and Polygon (MATIC). Binance users can now buy, sell, deposit, and withdraw select NFTs on the Polygon (MATIC) network.
Polygon (MATIC) is a layer-2 blockchain scalability network, but it’s exclusive to the Ethereum blockchain. During the 2022 crypto plunge, Polygon (MATIC) unexpectedly showcased a high degree of consistency in price performance. Polygon (MATIC) was also hailed as one of the best solutions for blockchain ecosystem development.
Polygon (MATIC) is ideal for web2 organizations that want to jump on the web3 bandwagon.
The current value of Polygon (MATIC) is $1.07, with a 24-hour trading volume of $588,201,336. In 24 hours, it has experienced a decline of 2.53%. According to CoinMarketCap, it is presently ranked #9, with a live market capitalization of $9,389,128,120.
TMS Network (TMSN) Sold Out In Stage One Presale
The presale numbers for TMS Network (TMSN) have surprised many in the crypto universe as the first stage sold out, raising over $500,000. With the second stage now open, the interest in TMS Network (TMSN) continues to grow. With the ongoing second presale phase, the price of TMS Network (TMSN) has increased to $0.038. With the demand for the token exploding, TMS Network (TMSN) looks set to dethrone niche platforms such as TRON (TRX) and Polygon (MATIC). The second presale phase has started, and the future of TMS Network (TMSN) looks bright.
Additionally, the early sellout of TMS Network’s (TMSN) stage 1 corroborates that traders are excited about the platform. Furthermore, the TMSN token’s trading volume continues to increase with the project.
Conclusion
With positive developments for TRON (TRX), Polygon (MATIC), and TMS Network (TMSN) this week, it seems to be a thrilling time for blockchain technology.
For more information on TMS Network (TMSN) please see the links below:
Presale: https://presale.tmsnetwork.io
Whitepaper: https://tmsnetwork.io/whitepaper.pdf
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetworkio
Discord: https://discord.gg/njA95e7au6
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