The crypto market is characterized by the constant movement of cryptocurrencies. In this movement, some cryptocurrencies embark on a consistent bullish move while others slide into their winter season. This is the volatility of the crypto space.
Taking a look at the current state of the crypto market, TMS Network (TMSN) has embarked on this bullish run, leaving both Tron (TRX) and XRP (XRP) to find their balance in the market.
TMS Network (TMSN)
TMS Network (TMSN) is an L2 decentralized user-based network built on the Ethereum blockchain. As a user-focused network, traders on TMS Network (TMSN) can link up with other experienced and successful traders to imitate their trades. Also, on TMS Network (TMSN), traders can make use of the on-chain analytics tool to help gain insight and make savvy decisions. Complementing this is the availability of different risk management tools on the TMS Network (TMSN).
In ensuring airtight security, TMS Network (TMSN) has put in place four measures. These are Encryption, regular security audits, multisig wallets, and insured assets. Also, TMS Network (TMSN) will offer more scalability with an enhanced transaction speed when compared to other networks. Utilizing brokers and tier 1 banks, TMS Network (TMSN) aggregates market orders in choosing the best price birthing better fills and prices.
TMS Network (TMSN) has proven to be a mighty force to be reckoned with since the commencement of its presale in 2023. Unveiling its presale, TMS Network (TMSN) traded at $0.0047, from which it has defeated a zero to trade at $0.046. TMS Network (TMSN) is currently trading at $0.093- an astonishing increase and raising a total of $6 million in this presale.
Tron (TRX)
Tron (TRX) is an L1 decentralized network. Tron (TRX) was created to provide full ownership rights and royalties to content creators who are unable to access their whole funds. Tron (TRX) supports smart contracts, dApps, and different kinds of blockchain systems. Tron (TRX) has billed itself as one of the fastest networks, facilitating 2,000 TPS.
Recently, Tron (TRX) has struggled to record a significant increase. Tron (TRX) opened the year trading around $0.066, from which it plummeted to $0.055. Tron (TRX) made a little push touching $0.067. However, Tron (TRX) could not maintain this trend as it plummeted again.
Most recently, Tron (TRX) has made a mini-bullish move as it currently trades at $0.077. However, this little notable move Tron (TRX) has recorded does not come any close to TMS Network’s (TMSN) over 1800% increase. Tron (TRX) has only been able to muster a 14% increase.
XRP (XRP)
XRP (XRP) is a permissionless, open-source, and decentralized network. XRP (XRP) offers cheap transaction costs, speed, and scalability. XRP (XRP) also boasts of being eco-friendly. Developers make use of XRP (XRP) to solve on-chain defects, which include remittance and asset tokenization.
Observing market trends, XRP (XRP) has fought tirelessly to remain afloat in turbulent waters. XRP (XRP) started the year trading around $0.37, from which it rose to $0.46. From this point, XRP (XRP) continued its upward trend reaching $0.56. However, XRP (XRP) hit the iceberg, from which it started to plummet, going as low as $0.41.
Presently, XRP (XRP) trades at $0.44, a little increase from its former price. However, XRP’s (XRP) increase in price is not substantial when compared to TMS Network’s (TMSN). TMS Network (TMSN) has thrived in the market, harnessing a total of $6 million, trampling XRP’s (XRP) mediocre move.
Conclusion
TMS Network (TMSN) has demonstrated that it is way ahead of its peers by all standards. Its strength has been reflected in its price movement, which explains why TMS Network (TMSN) has outperformed Tron (TRX) and XRP (XRP).
Presale: https://presale.tmsnetwork.io
Whitepaper: https://tmsnetwork.io/whitepaper.pdf
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetworkio
Discord: https://discord.gg/njA95e7au6
