The general tech industry has been plagued with a wave of layoffs since the second half of 2022, with virtually all leading tech companies laying off employees, the experience has not been rosy.
It’s 2023, and Meta, formerly Facebook, is still struggling to stay afloat. The company recently announced that it would be laying off 21,000 staff, particularly in the technology sector.
With all these upheavals going on, TMS Network (TMSN) continues to surge in the crypto market, outperforming Polygon (MATIC) and TRON (TRX) with massive price increases.
TMS Network (TMSN)
The crypto market has largely been in the green zone recently, and the spotlight is now on TMS Network (TMSN), which is a decentralized blockchain-based trading platform that is built on the Ethereum network.
At the moment, TMS Network (TMSN) is creating a buzz with its innovative trading solutions and utility because it is a much-needed development for traders as crypto continues to become more mainstream. Some of the features that set TMS Network apart is its multipurpose, intuitive, and accessible platform. Also, it is safer, seamless, faster, and more transparent than traditional trading platforms.
With robust trading tools, users can conduct multiple transactions in one place, providing an all-in-one trading and financial universe, which makes it the world’s first and most advanced digital trading platform that supports various assets.
Little surprise that TMS Network (TMSN) has already raised over $4 million so far during its presale, and the TMSN token is currently trading at $0.085, an over 1700% rise in contrast to Polygon (MATIC).
Polygon (MATIC), as a layer-2 project that runs on the Ethereum blockchain, aims to solve the existing problems like scalability and speed on the Ethereum blockchain using layer-2 solutions. In other words, Polygon (MATIC) is an innovative layer-2 scaling solution that operates on the Ethereum blockchain.
Polygon (MATIC) has gained a lot of traction as a highly scalable and interoperable option for Ethereum network users because it is becoming increasingly popular among investors searching for more cost-effective alternatives.
The mentioned partnerships have played a significant role in promoting the adoption and utilization of Polygon’s technology, and Polygon (MATIC) is believed to be well-positioned to capitalize on Ethereum’s growth, but the reverse has been the case.
TRON (TRX) has a stablecoin project called USDD in its ecosystem that TRX directly backs. There are some advantages to the project. For instance, compared to the Ethereum network’s Tether, Tron (TRX)’s USDD network fee is cheap. Also, it is fascinating that a cryptocurrency can self-regulate going by increasing or reducing the supply of its tokens.
Looking at that outline, it is clear as day that the Tron (TRX) project is a house of cards, and it’s not sustainable. Recall that the Luna stablecoin failed with over $3.5 billion worth of BTC. No doubt, Tron (TRX) is popular, but its USDD project could be another algorithmic stablecoin project that is headed into a death spiral.
This controversy and uncertainty surrounding Tron (TRX) have made TMS Network (TMSN) outperform Polygon (MATIC) and Tron (TRX).
With all that has been examined, industry analysts and experts are now optimistic about a bullish 2023 for TMS Network (TMSN) in contrast to Polygon (MATIC) and Tron (TRX). The TMS Network (TMSN), which has now raised over $4 million with a market price of $0.085, is in the second phase of its presale.
TMS Network (TMSN) could be the biggest presale to be part of this year. So, now is the best time to join the TMS Network community.