The crypto market embraces everyday innovations that enhance crypto’s utility, convenience, and user-friendliness to regain its allure. One such innovation is TMS Network (TMSN), a decentralized exchange that surpasses tokens like XRP (XRP) and Optimism (OP) in the market.
Let’s discover how TMS Network’s (TMSN) significant impact has propelled it beyond the limitations of XRP (XRP) and Optimism (OP) in the crypto market.
TMS Network (TMSN)
TMS Network (TMSN) aims to bring a secure, efficient, and transparent platform for people to enjoy its convenience. With TMS Network’s (TMSN) technical architecture, users can benefit from enhanced security and strong resistance to hacks, price manipulation, wash trading, and fraud.
Decentralization grants users greater autonomy, giving them more control over their trading activities. The platform further facilitates user activity through educational content and trading bots to allow for controlled automation. Additionally, TMS Network (TMSN) improves liquidity by eliminating mediators and intermediaries, increasing market fluidity, and reducing transaction costs.
The platform’s smart contract functionality facilitates revenue sharing and decision-making. TMS Network (TMS) Token holders earn passive commissions from the platform’s trading volume, automatically distributed through auditable and transparent smart contracts, promoting fairness and trust among participants.
Currently, in the 4th phase of its presale, the token has seen an astounding 2000% increase in price and raised over $ 6 million in revenue. Analysts predict another 100% rise, making it a profitable venture indeed.
XRP (XRP) is a cryptocurrency aimed at enhancing global financial transfers and currency exchange. XRP (XRP) reached its all-time high of $3.40 during the 2017-2018 crypto bull market, experiencing a significant decline since then but maintaining a solid market capitalization. XRP (XRP) transactions operate without transaction fees but require a small portion of the XRP (XRP) token to be burned, making it a deflationary asset.
XRP (XRP) has faced scrutiny from the crypto community and regulatory bodies, particularly the U.S. SEC. In 2015, XRP (XRP) was fined $700,000 by FinCEN for violating the Bank Secrecy Act. Ripple Labs took remedial actions to redeem XRP (XRP), including implementing an anti-money laundering program and registering with FinCEN.
In contrast to XRP (XRP), TMS Network (TMSN) has been operating without controversies, focusing on making it more credible to users. With its decentralized approach, experts believe TMSN is well-positioned to withstand the current market downturn and offers innovative solutions in decentralized finance.
Optimism (OP) is a layer-2 scaling solution that aims to make blockchain transactions faster and cheaper by creating an additional layer for processing. Optimism (OP) was proposed in 2019 and launched its main net in 2021.
When Optimism (OP) entered the market through an airdrop in May 2022, Optimism (OP) had an opening value of $4.57. However, the market quickly deemed Optimism (OP) overvalued, causing Optimism’s (OP) price to plummet to a low of $0.7973 before closing the day at $1.44, representing a 68.5% decrease from the opening price.
On the other hand, TMS Network (TMSN) has maintained stability more than Optimism (OP). The platform plans to launch stablecoin offerings pegged to major fiat currencies, providing traders with a secure and stable investment option. These stablecoins offer exposure to fiat currencies without relying on traditional banking services.
TMS Network (TMSN) is positioning itself as the future of crypto, surpassing the impact of XRP (XRP) and Optimism (OP). TMSN has ambitious plans to expand into emerging markets, and given its significant growth potential and adoption prospects, we should expect the project to reach all their goals staked for 2023. Through collaborations with local partners, TMS Network (TMSN) aims to bring its services to broader markets as a contribution to the development of more vibrant local communities in the world of crypto.
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