With over $500k raised in less than 2 weeks of the first stage of its presale, TMS Network (TMSN) continues to generate intrigue among crypto investors. New crypto generally perform better during the bull season, but could the success of TMS Network (TMSN) affect that of legacy coins Ankr (ANKR) and Filecoin (FIL)?
TMS Network (TMSN)
TMS Network (TMSN) is a multi-asset trading platform that offers social trading, on-chain analytics, trading bots, portfolio management, and arbitrage trading signals. It’s powered by a native cryptocurrency, $TMSN, which users need to access to the platform’s services and benefits.
The TMS Network (TMSN) platform also integrates AI tools to help traders make more informed and profitable trading decisions. It’s built on Ethereum and so it benefits from the security of the blockchain, and the network is designed to be transparent, and risk-conscious, providing a user-friendly and efficient trading experience for traders of all levels.
The amount of different innovative features that TMS Network (TMSN) boasts far outweighs that of any other crypto Defi trading platform, so it should come as no surprise why the first stage of the presale sold out.
But how will the success of TMS Network (TMSN) affect that of Ankr (ANKR) and Filecoin (FIL), two cryptos that performed well in the previous bull market.
Ankr (ANKR) is a decentralized blockchain infrastructure provider that offers a vast array of multi-chain tools for Web3 users. It operates an array of nodes globally distributed across over 50 Proof-of-Stake networks, making Ankr (ANKR) scalable like no other..
Ankr (ANKR) provides blockchain developer solutions through Ankr Build, and the tools are blockchain neutral so they can be used by any developer of any other blockchain. With the token $ANKR, users benefit from staking and yield-earning opportunities, and also get access to learning tools and tutorials designed to educate people on blockchain development.
Ankr (ANKR) is relatively new, but after performing well in 2021, it’s value has dropped considerably. And while we expect it to gain more traction, investors may go for newer cryptos until we see some adoption of the tools built by Ankr (ANKR).
Filecoin (FIL) is a decentralized storage system that is trying to compete with Web2 Oligolepis of Google, Apple and Amazon. It is taking on the big players for sure, but with a decentralized system for the Interplanetary File System (IPFS), the devs at Filecoin (FIL) are providing a more secure way to store data in the cloud.
Filecoin (FIL) raised $205 million in an initial coin offering (ICO) in 2017, and there was a lot of excitement generated, mainly thanks to its novel idea of using two consensus algorithms, proof-of-replication and proof-of-spacetime.
Users of Filecoin (FIL) have complete control over their data, and the platform provides a marketplace for storage providers and users to transact directly. Filecoin (FIL) does have potential, but after the excitement of 2017 is in the rearview mirror, investors might be looking for newer cryptos for the bigger returns.
Ankr (ANKR) and Filecoin (FIL) are two of the more interesting cryptos on the market, but with one taking on the likes of Google and Apple and the other not showing much in the way of adoption, it’s leading some to look elsewhere.
Could this be TMS Network (TMSN)? $500k raised in less than 2 weeks is quite telling, and with the amount of interest building up in the second stage, we believe it could.