While the 2023 crypto rally appears to have peaked for most market participants, one token has continued to outperform: The TMS Network (TMSN), which has been pumping in presale for weeks. The first stage of the TMS Network (TMSN) presale campaign sold out in less than two weeks, raising more than $500,000. This rapid growth suggests that TMS Network (TMSN) is on its way to becoming a valuable asset if current trends continue. TMS Network (TMSN) is expected to outperform bigger rival tokens such as Ripple (XRP) and Tron (TRX) in 2023, according to market experts.
Despite being established market players, Ripple (XRP) and Tron (TRX) have struggled to maintain bullish momentum in 2023.
What is The TMS Network (TMSN)?
TMS Network (TMSN) is an Ethereum-based DeFi-focused all-in-one trading platform that aims to revolutionize the traditional trading industry. TMS Network (TMSN) addresses the most pressing issues in today’s trading environment, such as a lack of price uniformity, high trading fees, price manipulation, wash trading, transaction delays, inadequate trading experiences, and a lack of trading education.
The network’s native token is $TMSN. Holders of the $TMSN token have voting rights, which means they have a direct say in the platform’s direction and development. Most importantly, $TMSN token holders become part of the TMS network’s infrastructure. As token holders, traders earn a commission from trading volumes generated by other traders on the TMS platform. The commission increases as network usage grows.
TMS Network (TMSN) allows traders to trade all derivatives. Traders can trade any asset class, including stocks, forex, and futures. This gives traders access to more markets, allowing for faster trades and better prices, resulting in higher profits. Furthermore, traders don’t have to open an account to use TMS Network. Traders have complete control over their assets. They only need to connect their wallets to trade across all major exchanges.
TMS Network (TMSN) users also get trading lessons, benefit from copy trading and trade signals, price aggregation, non-custodial portfolio management, and compatibility with mt4 and mt5 trading platforms, allowing them to plug in their expert advisors and trading robots to the TMS platform.
XRP Whales Are Losing Confidence
For a long time, XRP has struggled to make significant price gains. Unlike most cryptocurrencies, XRP did not break its previous all-time high during the 2021 market rally. XRP only increased by 16% during the January 2023 market surge, compared to a 35% increase in global crypto market capitalization. Even this gain may be short-lived as XRP maintained a sideways price movement for the majority of February.
XRP has recently seen a price drop primarily caused by a decrease in the volume of whale transactions on the Ripple network. According to XRP metrics, transactions exceeding $100,000 have decreased by more than 60%. Since February 3, the number of active XRP addresses has also decreased.
Another sign that XRP is in for a rough year is the massive sell-off by investors with balances ranging from 10 million to 100 million XRP. A massive sell-off like this by whales is always accompanied by a significant price drop. The SEC’s ongoing lawsuit against XRP is primarily to blame for XRP’s overall poor performance. SEC claims that Ripple Labs, the creator of XRP, was involved in the illegal sale of securities, specifically XRP tokens.
Tron Is Facing Competition from Industry Titans
Tron (TRX) is a decentralized blockchain network that allows users to connect to the global internet system and share digital content at a low cost. Tron (TRX) uses peer-to-peer (P2P) technology to enable content creators to sell their work directly to consumers, effectively cutting out the middleman. Tron (TRX) users pay content creators with TRX, the network’s native coin, to use their applications. Tron (TRX) does not charge transaction fees to content creators.
Tron was founded to compete with the media industry. However, given that only 50% of all Tron (TRX) tokens are in different addresses, Tron (TRX) has frequently been accused of centralization. Tron is also up against stiff competition when it comes to establishing itself in the DeFi market. Tron’s (TRX) competitors include Ethereum, Cardano, EOS, and Polkadot.
TMS Network (TMSN) has been the go-to investment option for investors fleeing bearish XRP and Tron (TRX). When compared to XRP (XRP) and Tron, TMS Network (TMSN) appears to be a more stable and potentially rewarding investment option (TRX). This should be your cue to invest right away. Register now for the TMS Network (TMSN) presale for as little as $200.
For more information on TMS Network (TMSN), please see the links below:
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