The crypto industry has always been characterized by competitiveness. As the sector becomes more and more mainstream, we see new crypto projects come into the market day by day, spurring healthy competition.
Now in 2023, the TMS Network (TMSN) has beaten off its competitors and is now sitting on the throne. With a 2240% market price increase, TMS Network (TMSN) has left Conflux (CFX) and Fantom (FTM) stunned.
TMS Network (TMSN)
For those that do not know, the TMS Network (TMSN) allows financial market users to trade CFDs, stocks, Forex, and a wide range of cryptocurrencies, amongst other things, in a secure and transparent manner.
Also, the TMS Network (TMSN), while bridging the gap that traditional trading platforms have, gives solutions like social trading and risk management tools, on chain analysis, trading bots, and many others.
The crypto ecosystem was taken by storm and shocked when TMS Network (TMSN) recorded a 2240% increase in revenue and a 1600% market price surge, but it’s no surprise when one considers the above-listed qualities and so many others.
Those characteristics and others have made TMS Network (TMSN) a favorite among traders and crypto enthusiasts. Although still in its presale phase, the project has gained traction, leaving Conflux (CFX) and Fantom (FTM) shocked by its astronomical market rise.
Conflux (CFX), a layer-1 blockchain, employs a hybrid proof-of-work (PoW) and proof-of-stake (PoS) mechanism. Recently, Conflux (CFX) announced a collaboration with China Telecom, and the partnership aims to facilitate a blockchain SIM (BSIM) card, which will offer users a secure location to store digital private keys.
Conflux (CFX) is expected to tap into the thriving Chinese market and cater to a rapidly growing user base in the region with this development.
Despite harsh regulatory conditions, cryptocurrencies have become increasingly popular in China, with a growing number of projects and companies exploring various use cases of the technology.
By assessment, Conflux’s (CFX) market capitalization has neared $1 billion with a total value locked on-chain of $45 million, which signals a substantial growth rate. However, this has not stopped TMS Network (TMSN) from taking the throne, recording a 2240% market increase while leaving Conflux (CFX) and Fantom (FTM) stunned.
Fantom (FTM), which came into the crypto market in 2019, is a smart contract Layer-1 blockchain platform which utilizes a special proof-of-stake (PoS) consensus process termed Lachesis. Lachesis utilizes an asynchronous Byzantine Fault Tolerant (aBFT) PoS protocol which is built on the directed acyclic network (DAG) engine.
In simpler terms, Fantom (FTM) network allows for swift operations and short verification periods, perfect for decentralized applications requiring rapid and effective data transfer.
Also, Fantom’s (FTM) native digital currency operates as an ERC-20 and a BEP-20 token, which indicates compatibility with the Ethereum (ETH) and Binance Smart Chain (BSC) blockchains.
However, alongside Conflux (CFX), Fantom (FTM) continues to be dominated by the TMS Network (TMSN) 2240% profit increase.
From the above descriptions, it is already obvious that TMS Network (TMSN) is out of the league of Conflux (CFX) and Fantom (FTM) by far. TMS Network (TMSN) is packed full of benefits, and as a groundbreaking trading platform, it stands head and shoulders above traditional competitors in its niche.
It is no wonder that former users on Conflux (CFX) and Fantom (FTM) are making their way to TMS Network (TMSN) in droves while it is in its presale phase.
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