As we settle into the second quarter of 2023, flagship digital asset Bitcoin and the general market have continued their impressive growth, with a considerable percentage of year-to-date gains. This upward trajectory has sparked renewed optimism in the crypto industry.
Amidst all these happenings, TMS Network (TMSN) has taken the crypto sector by storm, recording a 1600% increase while Decentraland (MANA) and Axie Infinity (AXS) struggle to match up.
By buying Decentraland (MANA) tokens, users can purchase and own land within the Decentraland universe and build their own experiences.
Decentraland (MANA)’s utilization of NFTs to incentivize its users is an incredibly innovative approach and experts have always highlighted Decentraland (MANA) as one of the most promising projects in its field.
The Metaverse has a lot of possibilities, from auction houses to participatory games, art galleries, and even virtual malls with digital stores, and it has its fair share of believers.
However, there is a sizable number of detractors who see it as a fad, a fleeting trend that will soon fade with time. Decentraland (MANA) is one of the biggest blockchain-based metaverse players. It shot to new heights in late 2021 following Facebook’s name-change to Meta, but in 2023, Decentraland (MANA) stock has shed more than 80% of its value from its peak.
This shows that the metaverse market is still in its infancy and will take time to reach its full potential, and this is having an adverse effect on Decentraland (MANA) as well as Axie Infinity (AXS), which is struggling to match the TMS Network (TMSN) 1600% price hike.
Axie Infinity (AXS)
Axie Infinity (AXS) is a blockchain-based game where players can collect, breed, battle, and trade token-based creatures known as Axies.
During the crypto bull run, Axie Infinity (AXS) changed how people made passive income in crypto as they were making more money from it than from working jobs elsewhere. But in 2023, Play-to-earn (P2E) gaming is not what it used to be. Axie Infinity (AXS) is now in a fast decline, and the heist orchestrated on Axie’s parent blockchain Ronin in 2022 didn’t help things.
With P2E games on the decline and one of the largest hacks in crypto history on Axie Infinity (AXS) record books, Axie Infinity (AXS), alongside Decentraland (MANA), is now struggling to match TMS Network (TMSN) market gains.
TMS Network (TMSN)
TMS Network (TMSN) is a decentralized trading platform developed to enable users to trade any derivative through the usage of cryptocurrency payments directly.
In simpler terms, users can connect their crypto wallets and begin making trades for any available derivative without creating a separate account. Specifically, they can trade futures, Forex, CFDs, and much more on the TMS Network (TMSN) network. As a corollary, there are social trading features like Copy Trader and integration for MT4 and MT5.
Also, users are able to get a commission fee from the volume generated on the network and can get access to advanced trading tools by holding the native cryptocurrency, TMS Network (TMSN).
Looking at those sterling qualities, TMS Network (TMSN) has deservedly earned its spot in the crypto market by leading the bull run charge. It has recorded a 1600% price hike while Decentraland (MANA) and Axie Infinity (AXS) continue to struggle to keep up.
Having deservedly earned its reputation as one of the most profitable investments of 2023, the TMS Network (TMSN) is a token for investors to consider due to its massive potential.
TMS Network (TMSN) is giving further investment opportunities in the second phase of its presale, with tokens available at $0.08.
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