Success breeds success, so goes the old saying. It’s true, though. Markets are driven by sentiments and investors are as prone to sentiments as anyone else. They also tend towards a herd mentality. So, when someone can record a success, the market’s eyes turn towards them. That’s why TMS Network (TMSN) is exciting the market as a result of their Phase 1 presale. Can Avalanche (AVAX) and Zilliqa (ZIL) follow suit?
Being an investor in Avalanche (AVAX) must be a frustrating experience. In recent weeks, Avalanche (AVAX) has entered into partnerships with some illustrious companies and yet, the price of Avalanche (AVAX) seems impervious to this. In January 2023, Avalanche (AVAX) made a deal with no less than Amazon AWS to provide blockchain solutions for corporations and governments. Then, in February, Avalanche (AVAX) joined forces with Japanese gaming company GREE to help them launch Web into 3.0.
Yet, somehow, the price of Avalanche (AVAX) remains somewhat flat. Increases in price flatten out again quickly and they can’t seem to achieve any momentum. Quite why the market seems so sanguine about Avalanche (AVAX) remains a mystery.
Zilliqa (ZIL) is another coin that cannot seem to sustain any momentum. The price of Zilliqa (ZIL) did tick up a little in February upon news that Zilliqa (ZIL) developers rolled out EVM compatibility onto the network. This means that developers are now empowered to build Zilliqa (ZIL) apps that will be compatible with the Ethereum ecosystem. Just as importantly, Zilliqa (ZIL) has decided to spin off its gaming division into a standalone company that will still work closely with Zilliqa (ZIL) to develop more games.
Even so, the price of Zilliqa (ZIL) is still struggling at around $0.035. Maybe they are just being overlooked?
TMS Network (TMSN)
TMS Network (TMSN) is about to start a new chapter in the history of cryptocurrency and that is no exaggeration. Never before has there been a trading platform where users can trade a range of digital assets such as equities, CFDs and fiat currencies as well as cryptocurrencies. TMS Network (TMSN) is creating something unique.
So perhaps it is not surprising that TMS Network (TMSN) has already recorded a major success. Phase 1 of the TMS Network (TMSN) presale started at the beginning of February 2023 and has now closed. In that time, the entire allocation of TMSN was sold out. That means that early investors have already weighed in with $500,000.
The TMS Network (TMSN) philosophy is all focused on making online digital trading safe, honest, reliable and successful. Hence, included on the TMS Network (TMSN) platform are helpful tools such as on-chain analytics, trading bots, portfolio management applications, price signal indicators to name but a few.
The team behind TMS Network (TMSN) understands that, in order to succeed, you have to deliver real value and that’s exactly what they are doing.
There is no doubt that positive sentiments are returning to the crypto market. However, those sentiments don’t always spell success for anyone. Avalanche (AVAX) and Zilliqa (ZIL) are struggling to attract investments even though they both innovate. But TMS Network (TMSN) has built something which is likely to grow and prosper exponentially in future.