TMS Network (TMSN) has been growing steadily since its presale launch. It seems to surpass top cryptocurrencies like Fantom (FTM) and Cardano (ADA) in popularity. However, the latter two cryptocurrencies are also in the headlines due to their new network events. Let’s learn more about them in the article below.
Fantom’s (FTM) Total Locked Value (TVL) Dropped, And The Price Went Down To $0.4412
The weekly report from Fantom (FTM) Insider revealed some important metrics for the crypto network. One of them was a significant decrease in the Total Value Locked (TVL) metric of Fantom (FTM). The TVL dropped by more than 8% in a week, which caused the TVL value to decline from $764 million to $719 million.
The Fantom (FTM) network saw a substantial increase in unique active addresses and consistent growth in Fantom (FTM) network’s Defi sector. But, daily transactions for Fantom (FTM) tokens have recently decreased. The recent decline in key metrics for Fantom (FTM) could lead to a drop in its value, however, it’s difficult to predict with certainty.
The recent CoinMarketCap report shows a current token value of $0.4412, which is a 3.36% drop in value.
Experts highlighted several other reasons for this poor performance of the Fantom (FTM) network. For example, there was a significant decrease in trading volume in Fantom (FTM), which caused investors to lose interest.
Cardano (ADA) Community Worries Due To Platform’s Falling Value; The Token Price Trends At $0.348
Cardano (ADA) is about to launch one of the community’s most awaited AI projects. However, SingularityNET (AGIX) announced the launch of its native token for the new project, which has the same name as Cardano’s (ADA) AI project. It caused SingularityNET (AGIX) to rise, but experts say that it negatively affected Cardano (ADA) network’s gains, causing it to fall.
The Cardano (ADA) fall has caused the network’s 3.35 million addresses to experience loss. It has dropped the Cardano (ADA) token’s price to $0.348. However, some experts suggest that the bearish pattern around Cardano’s (ADA) price chart won’t continue for too long.
Some experts also believe that SingularityNET’s (AGIX) native token launch can benefit ADA in the future, once it launches on the Cardano network. However, the live price of the token is 3.49% down within a day.
TMS Network (TMSN) Is Ready To Acquire A Higher Market-cap Value
TMS Network (TMSN) is a trading platform that operates in a decentralized manner. It allows its community members to trade various assets using cryptocurrency as payment. Participants of TMS Network (TMSN) can place orders without losing ownership of their assets. They need to link their wallet to TMS Network (TMSN), and start trading even if they don’t have an account. Additionally, members can trade across numerous significant exchanges without opening additional accounts, except on TMS Network (TMSN).
This innovative platform is the first-of-its-kind, and offers a hassle-free trading experience. Users enjoy fast transaction processing, and there’s no requirement for fiat payment on TMS Network (TMSN).
TMS Network (TMSN) also offers developers access to its smart contracts and DeFi services. It enables them to create strong and advanced decentralized applications (dApps) for the platform’s users. TMS Network (TMSN) aims to establish itself as the go-to trading platform for both stock market and crypto market traders as a non-custodial decentralized exchange (DEX). The platform’s founders anticipate that this approach will propel TMS Network (TMSN) into the category of cryptocurrencies, with market capitalizations exceeding $1 billion within the year. Currently, TMS Network (TMSN) token is available for $0.025, which is a great price to buy a token with so much potential.
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