In the normal nomenclature of the crypto market, cryptocurrencies wrestle for prominence. The performance of the cryptocurrency is the major yardstick that determines the prominence of these cryptocurrencies. Also, the longevity of a cryptocurrency does not guarantee its prominence in the crypto market.
Assessing the current crypto market, TMS Network (TMSN) has risen to prominence with great speed despite being a nascent project. This rise has made TMS Network (TMSN) stand tall overshadowing both Uniswap (UNI) and BNB (BNB).
TMS Network (TMSN)
Built on Ethereum, TMS Network (TMSN) is an L2 network focused on solving the existing problems users face when transacting. Solving traders’ problems, TMS Network (TMSN) established itself as a more scalable, fast, and cheap network. TMS Network (TMSN) also facilitates the trading of cryptocurrencies, FXs, equities, and CFDs.
TMS Network (TMSN) also places different risk management tools and resources at the disposal of traders. Through TMS Network (TMSN), traders can manage their portfolios and take advantage of opportunities. Also on TMS Network (TMSN), users get arbitrage trading opportunities, taking advantage of price variations among exchanges.
Although still nascent, TMS Network (TMSN) has excelled since the commencement of its presale. Starting its presale in 2023, TMS Network (TMSN) traded at $0.0038 from which it has embarked on a bullish run as it currently trades at 0.093. In addition, TMS Network (TMSN) has garnered a total of $6 million since the commencement of its presale.
Uniswap (UNI) is the native token of one of the largest decentralized exchanges, Uniswap. Uniswap (UNI) is famously known as an automated market maker that facilitates the trading of DeFi tokens. Uniswap (UNI) is poised to be a more efficient platform as it solves liquidity problems using automated solutions. With this, Uniswap (UNI) goes a step ahead in avoiding the problems faced by premier decentralized exchanges.
Uniswap (UNI) has lately been on a consistent bearish move. Uniswap (UNI) opened the year 2023 trading around $6.9, a 70% fall from its all-time high. From this price, Uniswap (UNI) plummeted again going as low as $5.3. From $5.3, Uniswap (UNI) tried to recover which saw it trade at $6.4. However, Uniswap (UNI) was unable to sustain this as it plummeted again.
Uniswap (UNI) currently trades at $4.9 with its chart showing no hope of recovery. While Uniswap (UNI) was plummeting, TMS Network (TMSN) launched its presale and has since then thrived in the market recording a 1700% increase. This monumental move by TMS Network (TMSN) has left Uniswap (UNI) in the dust.
BNB (BNB) is the native token of the Binance Smart Chain, a subsidiary of the centralized Binance Exchange. BSC network advocates for the inclusion of cryptocurrency exchanges at the helm of global financial activities with BNB (BNB) as its financial instrument. BNB (BNB) is also committed to ensuring speedy and cheap on-chain transactions. BNB (BNB) is used as a reward token, rewarding participation on the BSC network.
BNB (BNB) has consistently fluctuated in the crypto market recently. In early 2023, BNB (BNB) traded around $311 from which it plummeted $266. Trying to recover, BNB (BNB) rose to $344.45 but plummeted again to $302. BNB (BNB) took off again to trade at $348 which plummeted again to $305.
Presently, BNB (BNB) trades at $308 fighting a bear move. Despite BNB’s (BNB) strong fight, TMS Network (TMSN) has outperformed BNB (BNB) with its bull run. While BNB (BNB) struggles to maintain stability, TMS Network (TMSN) keeps increasing in value garnering more profit at its presale.
It has been confirmed that TMS Network (TMSN) stands tall against its peers in the crypto space. Its monumental success in the market has contributed to its current rise to prominence, leaving Uniswap (UNI) and BNB (BNB) in the gallows.
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