The cryptocurrency market is volatile, and surges are a constant phenomenon. There is always an old-gun losing popularity, a new player gathering momentum, and vice-versa. The new player, TMS Network (TMSN), which is currently in its second presale phase, and has realized $500k so far, is poised to shake the cryptosphere.
Is Dogecoin (DOGE) Losing Popularity?
One example of established cryptocurrencies currently facing a hard time is Dogecoin (DOGE). Despite starting as a meme in 2013, Dogecoin (DOGE) went on to become one of the fastest-growing and most stable coinsin the market.
However, going by recent trends, the stability of Dogecoin (DOGE) has hit the rocks and is currently experiencing setbacks. Dogecoin (DOGE) is one of the worst-performing tokens of 2023 and currently trades at $0.09, a huge slump from $0.74 in 2021.
Dogecoin’s (DOGE) value plummet can be blamed on a decline in use cases. As at the close of the United States’ trading session on Tuesday, March 7, Dogecoin (DOGE) was trading low.
This follows statements made by Jerome Powell, the US Federal Reserve Chairman, that the Fed is set to start increasing interest rates by 0.75% should data deem it necessary.
The increase in the rate of interest has put pressure on investors to abandon or dump assets while opting for less risky investment options.
What’s In For Aptos (APT)?
Touted as the “Solana Killer,” what endeared investors to Aptos (APT) at first was its claim of high throughput and being incredibly faster than its competitors.
Aptos (APT) experienced a reasonable amount of success after the mainnet launched in 2022. It listed on notable crypto exchanges at $8.85 and, within the next 30 days, reached a peak of $13.74
Aptos (APT), just like Dogecoin (DOGE), has had its own share of setbacks, which has people questioning its popularity. There have been numerous complaints about the functionality of the Aptos (APT) blockchain.
The straw that broke the camel’s back leading to the recent loss of confidence in Aptos (APT) is the belief that the market price of the Aptos (APT) token can be easily tampered with because its developers have full control. Several crypto enthusiasts have called out the network for alleged “scam pumping.”
TMS Network (TMS) And Its Growth
In the second quarter of 2023, TMS Network (TMS) started to gather steam and gained significant relevance in the crypto space with its presale. TMS Network (TMSN) offers users the power to trade multiple assets via cryptocurrency payment.
Holders of the TMS Network (TMSN) native token have the opportunity to earn commissions from trading volumes on the platform. Unlike Dogecoin (DOGE) and Aptos (APT), the TMS Network (TMSN) has seen increased acceptance and adoption from the crypto world since it launched its presale.
One of the reasons for the rise in the momentum of TMS Network (TMSN) during its presale event is that it offers a more transparent, cheaper, and safer way to trade crypto without intermediaries.
As the cryptocurrency market keeps evolving and inevitable volatility occurs, TMS Network (TMSN) has positioned itself to gather even more momentum once it goes live on public exchanges.
Conclusion
In what would appear as a bad season for other cryptocurrencies like Dogecoin (DOGE) and Aptos (APT), TMS Network (TMSN) has shown resistance and defied the odds, even selling out its first presale phase within a few short weeks. The seamless trading experience with TMS Network (TMSN) contributes to its token being a great investment.
Click here for more information about TMS Network.
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetwork
