The world of cryptocurrency has been undergoing a significant shift in recent years, with the emergence of Metaverse tokens representing one of the most exciting developments. Due to their potential for disrupting the interconnection between gaming and virtual reality, The Sandbox (SAND) and Decentraland (MANA) have risen to prominence in recent years.
However, as the initial hype surrounding these tokens begins to cool off, a new player, TMS Network (TMS), has emerged with extra creative utility. The protocol is an Ethereum-based exchange that aims to improve trading, and its presale is quickly blowing up into something extreme. Read on to learn more.
Decentraland (MANA) Cooling Off as VR and Metaverse Hype fall
Decentraland (MANA) is one of the renowned metaverse platforms that allows its users to enjoy exclusive virtual experiences, throughout a vast world of limitless possibilities. It is an Ethereum-based, NFT-powered metaverse where users can buy, monetize and develop their LAND to create immutable content and experiences.
Since its launch, Decentraland (MANA) has steadily reduced in popularity, however, with daily active users dropping from 8,000 to less than 1,000 today. While this may be due to the general decline in interest in virtual reality, it has severely affected the Decentraland (MANA) token price accordingly.
After attaining an all-time high of $4.88 in November 2021, the Decentraland (MANA) token fell to the macroeconomic crisis, especially with hawkish news and the fall of FTX. It plummeted by 92% before settling at a yearly low of $0.38 in December 2022.
The Sandbox (SAND) Struggle Amid Harsh Market Conditions
Like Decentraland (MANA), The Sandbox (SAND) struggles to stay relevant as bear conditions harden. The Sandbox (SAND) is in some ways similar to Decentraland (MANA) – however, it is mainly built to provide a rich gaming experience with NFTs. Its innovative tools are allowing users to explore their world, as well as create, own, and monetize immersive experiences.
At its peak, The Sandbox (SAND) boasted more than 2 million active users – but within a few months, daily user wallet usage has significantly reduced. Also, the price of The Sandbox (SAND) token declined in value after rising initially by a triple-digit percentage.
As it stands today, many investors consider The Sandbox (SAND) and Decentraland (MANA) to be risky and unworthy investments. Thus, more than a few are actively flocking to the TMS Network (TMS) token presale.
TMS Network (TMSN) Rises by 1500%; Presale Heats Up
While metaverse tokens are cooling off, a new entrant, TMS Network (TMS), has been heating up the crypto space with its disruptive trading features. Within a few days of presale launch, the TMS Network (TMSN) token has become a focal point of interest for the entire crypto community. Understandably, TMS Network (TMSN)’s aim at turning heads with its uniqueness cannot be understated, having already raised $2 million in a private seed sale.
Essentially,TMS Network (TMS) is an all-in-one Ethereum-based trading hub that aims to shake up its traditional trading landscape with some novel features. Unlike most centralized exchanges, TMS Network (TMSN) provides a state-of-the-art decentralized platform, with a focus on diversity – enabling the trading of a huge range of cryptocurrencies and derivatives – seamlessly, easily, and hassle-free.
TMS Network (TMSN)’s benefits include low latency and fast execution time, light-speed deposits and withdrawals, mt4 and mt5 compatibility, transparency, zero hidden fees, and low trading commission. The platform has built-in trading software like price aggregators, auto trading social and copy-trading tools, price indicators, and aggregators, offering useful analysis to its users.
Powering the TMS Network (TMS) ecosystem is the TMSN token. With the token, holders can earn from the platform’s revenue-sharing program while participating in governance decisions.
TMS Network (TMS) token is primed to perform excellently, which is evident in its ongoing presale. The token is selling out fast at $0.0047 with skyrocketing demand. Sign up for presale information and make sure not to miss out on the opportunity to be a part of TMS Network (TMSN)’s next-gen trading hub.
For more information on TMS Network (TMS) please see the links below:
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