Early 2023 has been a positive time in the crypto markets after Bitcoin (BTC) doubled from its November low. However, the top 20 cryptocurrencies, such as Litecoin (LTC) and Avalanche (AVAX), have struggled to keep up the pace, while TMS Network’s (TMSN) exciting presale has gene...
Early 2023 has been a positive time in the crypto markets after Bitcoin (BTC) doubled from its November low. However, the top 20 cryptocurrencies, such as Litecoin (LTC) and Avalanche (AVAX), have struggled to keep up the pace, while TMS Network’s (TMSN) exciting presale has generated huge backing from traders and Web3 enthusiasts.
Litecoin (LTC)
Litecoin (LTC) is a cryptocurrency that was created in 2011. It is often referred to as “the silver to Bitcoin’s gold,” as it functions as a peer-to-peer payment system similar to Bitcoin but with faster transaction times and lower fees. Litecoin is based on an open-source global payment network that is not controlled by any central authority. Rather, transactions are validated by a decentralized network of computers around the world.
While Litecoin has faced its share of market volatility, it has still managed to solidify its position as one of the top cryptocurrencies in terms of market capitalization and adoption. Towards the end of April, Litecoin (LTC) whales moved $50 million worth of the token before a 16.17% price crash. Before this, Litecoin (LTC) climbed over 50% from the beginning of the year.
Avalanche (AVAX)
Avalanche (AVAX) is a blockchain platform designed to solve some of the most pressing issues in the decentralized finance (DeFi) sphere. The platform aims to provide faster and more efficient transactions, with higher throughput and lower fees than competitor blockchains. The Avalanche (AVAX) consensus protocol allows for sub-second finality, enabling users to move funds almost instantly without waiting for confirmations.
As well as this, Avalanche (AVAX) supports interoperability with other blockchains, including Ethereum, which gives users access to a vast ecosystem of decentralized applications (dApps) that use Ethereum Virtual Machine (EVM). With its focus on speed, scalability, and interoperability, Avalanche (AVAX) is one of the most innovative layer-1 blockchains in Web3, and the native token is now a top 20 cryptocurrency by market capitalization.
Avalanche (AVAX) more than doubled since the beginning of 2023. It outperformed many altcoins in the crypto market during the recent rally, which may indicate strong price action during the next bull market. Since this impressive price action, Avalanche (AVAX) has retraced over 20%.
TMS Network (TMSN)
TMS Network (TMSN) is a brand-new decentralized exchange (DEX) built on the Ethereum blockchain. It offers a vast selection of markets that range across different asset classes, including crypto, traditional stocks, and foreign exchange. It’s an innovative application of blockchain technology that merges traditional trading with self-custody and decentralization.
TMS Network (TMSN) offers a comprehensive suite of trading tools to help traders gain the best experience while using the platform. This includes AI-powered investment strategies, social trading features such as directly copying master traders’ calls, and a range of on-chain analytics to help investors make informed decisions.
The project recently released its native token, TMSN, during a presale. The event has attracted over $4 million worth of funding already as on-chain traders have backed the development of the platform thanks to its comprehensive trading features. The opening round of the presale was a complete sell-out, which reflects widespread demand for TMS Network (TMSN).
Conclusion
Litecoin (LTC) and Avalanche (AVAX) are well-established names in the world of Web3, but they continue to underperform when compared against up-and-comer TMS Network (TMSN). While Litecoin (LTC) is 78% down from its all-time high and Avalanche (AVAX) is 88% down, TMS Network (TMSN) has risen almost 20x in a short space of time.
The TMS Network (TMSN) native token is currently available at the price of $0.085. It’s expected to perform strongly over the coming months and years, and its early presale successes have given the project huge momentum while aiming to reach its goals.
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