|

Crypto News

TMSN Network (TMSN) Preseale Sells Out In Phase One: What Does This Mean For Competitor Coins Such As Avalanch (AVAX) And Fantom (FTM)?

Author

John Asher

Tags

Reading time

3 mins
Last update

Author

John Asher

Tags

Reading time

3 mins
Last update

Author

John Asher

Tags

Reading time

3 mins
Last update

Join our growing community


With the massive pre-sale selling out in Phase One, what is the future for TMS Network (TMSN)? And what does it mean for the competitors such as Avalanche (AVAX) and Fantom (FTM)? 

Every trader has to find that balance between the risk and the reward. Which is exactly why it is important to look at the future potential of TMS Network (TMSN). First, taking into account Its innovative security measures, while also noting it has already raised $2million in its private seed sale (in incubator fund). The kind of figures that raise eyebrows, and that is where we will start…

TMS Network (TMSN)

TMS Network (TMSN) is best described as a decentralized platform made using Ethereum and functioning as a trading platform. TMS Network (TMSN) is different from traditional trading systems because it aims to get away from centralized middlemen. This means that you can use its decentralized technology to make trades on your terms while keeping your resources safe.

TMS Network (TMSN) also wants to get rid of many of the trading market’s problems- such as price inconsistency, high trading costs, price manipulation, transaction delays, and insufficient trading experience.

TMS Network (TMSN) also aims to help users develop their knowledge by giving them educational resources and tools- including training videos, webinars, and guides- so they can make informed decisions when it comes to executing trades. Hence its title, “the traders trading platform”.

Finally, TMS Network (TMSN) also gives the users access to asset classes on cryptocurrency and equities, while giving them a safe and secure environment to trade in where their assets are secure.

Avalanche (AVAX)

Avalanche (AVAX) is an open-source protocol for decentralized applications and smart contracts. Avalanche (AVAX) has a reliable network that provides users with secure transactions at a low cost, which is why Avalanche (AVAX) has been one of the top players in the emerging market for the blockchain industry. 

Avalanche (AVAX) is designed to provide an open financial infrastructure by using the Avalanche (AVAX) consensus protocol. This allows Avalanche (AVAX) to provide users with high performance along with the added advantage of secure transaction rates.

The current price for Avalanche (AVAX) is at $15.59, standing at -2.77% in 24 hours and a worrying -88.95% below its all-time high.

Fantom (FTM)

Fantom (FTM) is a DAG-based smart contract platform for launching open-source applications. Fantom (FTM) utilizes a new consensus protocol called Lachesis Protocol, which enables 1,000 TPS, compared to Ethereum’s 15 TPS, making it faster than most other cryptocurrency platforms out there.

Fantom (FTM) already has more than a thousand DApps built on its network, hosting more than five million users, which clearly shows how strong of a position Fantom (FTM) has established in the market, but what do the price and trends say?

The current price for Fantom (FTM) is at $0.38 with a huge 24-hour trading volume of $222.67 million, but close to its lowest position in the last 7 days. However, Fantom (FTM) is still ranking 45th by market cap. 

Conclusion

Fantom (FTM) can be said to have a strong position in the industry, and Avalanche (AVAX) had some real early momentum, but they have already gone way past their all-time high values, and TMS Network (TMSN) looks like a hot emerging candidate. TMS Network (TMSN) has raised more than $2 million at a presale rate of just $0.029, making it the safer choice, with the most potential.

For more information, follow these links…

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

Twitter: https://twitter.com/tmsnetworkio