Taking a look at the current outlook of the crypto market, the exponential increase in the value of TMS Network’s (TMSN) native token TMSN has left a lot of cryptocurrencies jockeying for a suitable position in the crypto space. Among these cryptocurrencies are Monero (XMR) and Cronos (CRO).
TMS Network (TMSN)
As an Ethereum-based decentralized network, TMS Network (TMSN) provides an all-in-one platform that is poised to revolutionize the traditional crypto industry. Through its user-appealing features, TMS Network (TMSN) has gotten popular with traders who seek to leverage these offerings.
On TMS Network (TMSN), users can trade in equities, forex, crypto, and CFDs. Users of TMS Network (TMSN) enjoy speedy transactions at a low fee in a permissionless ecosystem. In addition, TMS Network (TMSN) pulls trading data in real time from different Dexs, allowing users to make savvy decisions.
Since the launching of its presale phase in 2023, TMS Network (TMSN) has been on an astonishing pace, outperforming other long-existing tokens. TMS Network (TMSN) opened its presale floor trading at $0.0047 and it has rallied a 1400% increase and it’s presently trading at $0.046. TMS Network (TMSN) has garnered over 2.6 million from its presale and preseed rounds.
Monero (XMR) is an open-source private blockchain launched in 2014. As a privacy blockchain, Monero (XMR) keeps the identities of the transacting parties, their wallet addresses and the amount transacted concealed. To achieve this high level of privacy, Monero (XMR) makes use of three specific features; Confidential Addresses, Ring Signatures, and Ring Confidential Transactions.
With its long history of existence, Monero (XMR) has secured a market cap of $2.88 billion. Despite its high market cap, Monero (XMR) has recently struggled to gain traction in the crypto market. In 2023, Monero (XMR) was trading at $158 and within that period till the time of this writing, it has made some quasi-upward movement which in total is not up to a 30% increase.
Currently. Monero (XMR) trades at $158, a little value appreciation from its 2023 all-time low of $135. However, the move Monero (XMR) has recorded this year is insignificant when compared to the 1400% TMS Network (TMSN) has recorded since it began its Presale in 2023. This has left Monero (XMR) jockeying for positions in the crypto market.
Cronos (CRO), serves as the native token of the Cronos Blockchain. The Cronos Chain is an open-source blockchain created by crypto.com. Cronos (CRO) is poised to bolster the adoption of cryptocurrencies by providing solutions to the existing problems in the crypto space.
Launched in 2016, Cronos (CRO) has a market cap of $1.721 billion. With ties with a renowned cryptocurrency exchange, Cronos (CRO) has earned itself widespread popularity with a lot of expectations performance-wise. However, Cronos (CRO) has struggled to live up to expectations. With an all-time high of $0.9698, Cronos (CRO) has been unable to touch $1 since its inception.
Opening the year, Cronos (CRO) traded at $0.0582. And since then, it has been on a slothful move, finding it difficult to join the bullish trend. In comparison to TMS Network (TMSN), Cronos (CRO) has performed below par, not close to the 1400% increase TMS Network (TMSN) has recorded. This has displaced Cronos (CRO) in crypto space.
TMS Network (TMSN) with its price movement has taken Monero’s (XMR) and Cronos’ (CRO) place in the crypto market, leaving the duo to jockey for their position in the crypto space.