Despite the unstable crypto market in 2023, many underdogs cryptocurrencies have increased significantly, outshining the giants in the crypto market.
Topping the list of the performing underdogs is TMS Network (TMSN). Since the beginning of 2023, TMS Network (TMSN) has outperformed Polkadot (DOT) and Solana (SOL).
Polkadot (DOT) was designed to enable blockchains to communicate and conduct transactions with one another without the help of an intermediary. Polkadot (DOT) facilitates inter-chain transfers of assets and for decentralized apps (DApps) to be constructed using the Polkadot (DOT) Network.
Polkadot (DOT) opened the year 2023 trading at $4.313. From this, the value did a little bull run and increased to 7.447 in February 2023. Coming into March, the worth of Polkadot (DOT) started to nose dive and this didn’t stop until it got to $5.2, its lowest recorded value in 2023.
There are a lot of expectations for Polkadot (DOT) as a web 3 inclined token. However, Polkadot (DOT) has been unable to live up to the expectations as its price is struggling to find stable ground. On the contrary, TMS Network (TMSN) has startled the whole crypto space as it has done an over 700% increase in 2023, greater than what Polkadot (DOT) has been able to muster in 2023.
Solana (SOL) is a highly functional open-source project that depends on the permissionless feature of blockchain technology, offering decentralized finance (DeFi) solutions. Decentralized app (DApp) development is made easier by Solana (SOL). Solana (SOL) boasts of its scalability and fast transaction which has been made possible through its proof-of-history consensus.
As one of the top dogs in the crypto market, Solana (SOL) has performed below par in 2023. Opening the year, Solana (SOL) was trading at $23.96 according to Statista. Since January, the value of Solana (SOL) has consistently fluctuated. Solana (SOL) went from $23.96 to as low as $17.33. Currently, Solana (SOL) has struggled to trade at $20.16 hoping to reach its 2023 all-time high.
Ranked 11th on the market, Solana (SOL) has been unable to perform up to expectations with the underdog TMS Network (TMSN) outperforming it in 2023 based on price movement.
TMS Network (TMSN)
As an Ethereum-based network, TMS Network (TMSN) has come to the crypto space to offer solutions to the existing problems experienced by users.
The network has distinguished itself from other competitors through its innovative approach. It offers a wide range of asset classes, cutting-edge risk management tools, social trading features, and comprehensive educational resources.
Taking a look at TMS Network’s (TMSN) trajectory in 2023, it has become crystal clear that TMS Network (TMSN), which has been dubbed the underdog, has stunned the whole crypto space. TMS Network (TMSN) has recorded an amazing increase in 2023 despite being at the second phase of its presale stage.
TMS Network (TMSN) debuted its presale in 2023 trading for $0.025. Shortly after the launch it rose to $0.038. Presently, the value of TMS Network (TMSN) has risen by over 1400% trading at $0.046.
As traction is gaining coins, the crypto community has high hopes for Polkadot (DOT) and Solana (SOL). Surprisingly, the unexpected TMS Network (TMSN) has outperformed the duo which is a shock to the whole crypto community.
Currently trading at $0.046 and heading for half a dollar, investors should make the most of this glaring profit-making window.