Since the presale was launched, TMS Network (TMSN) has been nothing but a marvel to crypto experts and investors, and the reason for this is not far-fetched. TMS Network (TMSN)’s success is somewhat unusual as the project is just in the fourth stage of its presale phase and has begun to outperform the likes of Avalanche (AVAX) and Chainlink (LINK).
The project has seen over 3900% price growth and has acquired over $7 million in funding. This article will provide insight into how the incredible market performance of TMS Network (TMSN) is already clouding that of older projects like Avalanche (AVAX) and Chainlink (LINK).
Avalanche (AVAX) Continues to Lose the Battle for Stability in an Overly Competitive DeFi Market
Avalanche (AVAX) is a decentralized open-source blockchain protocol capable of general-purpose smart contract functionality. It is a proof-of-stake protocol that provides users with tools that tackle the issues of scalability and transaction speed and also allows users to create dApps on the platform. Because of the solution-oriented features of Avalanche (AVAX), it was a big hit when it was first launched in September 2020.
However, despite its good early days, Avalanche (AVAX) doesn’t seem to have what it takes to withstand the pressures of the DeFi market, and things went south for the once-promising project in no time.
The bearish pressure is now overwhelming on the project. Even with its recent unlock event that includes the addition of around 9.3 million tokens into circulation, things remain on the downside for Avalanche (AVAX). As of today, the token price of Avalanche (AVAX) is $12.34 – representing a 24-hour loss of 5.67% and a 91.56% drop from its all-time highest price of $146.22.
Chainlink (LINK) Keeps Rolling in the Dust While TMS Network (TMSN) Maintains Momentum on Its Way to the Top.
When it was launched in 2019, Chainlink (LINK) hacked into the bullish part of the DeFi market, and investors couldn’t resist its potential. Chainlink (LINK) is a decentralized Ethereum-based oracle network that connects on-blockchain data with off-blockchain data and facilitates data transfer from off-chain sources to on-chain smart contracts.
However, despite being a big hit when it was launched, Chainlink (LINK) has recently found itself in an unending chain of struggles, and its recent battle is with scalability and decentralization. Chainlink (LINK) has not seemed to know how to tackle the issues around scalability and decentralization on the platform, causing serious trust issues with investors.
The effect of this is that investors are beginning to pull out their funds from Chainlink (LINK), and this will only cause further struggle for Chainlink (LINK). Presently, Chainlink (LINK) token price stands at $5.82, an 88.99% fall from its all-time highest price of $52.88.
TMS Network (TMSN) Dashes Forward Ahead of Chainlink (LINK) and Avalanche (AVAX)
The recent incredible performance of the TMS Network (TMSN) presale has defied all possible laws of the crypto space, and all investors can do is just inject their money into the project. TMS Network (TMSN) is an Ethereum-based crypto protocol that offers a safe, efficient, and secure platform to trade cryptocurrency and other crypto assets.
Since its launch, TMS Network (TMSN) has experienced unbelievable growth due to its disruptive abilities and user-centric solutions. To make trading more secure and transparent, TMS Network (TMSN) leverages the high-end encryption of blockchain technology coupled with a smart contract-based STP engine.
As it rounds up the fourth stage of its presale phase, TMS Network (TMSN) trades at $0.12 and has seen a cumulative 3900% price growth with $7 million in valuation. As if this is not enough, crypto experts predict with very high certainty that TMS Network (TMSN) price will have increased by over 5000% by the time it is launched.
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
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