Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
All cryptocurrencies are competing against each other. But only a few of them can be considered for investment – this article will compare the market viability of Stacks (STX) and TMS Network (TMSN).
TMS Network (TMSN) has grabbed all the attention as it has emerged as the most bullish project during its presale.
Stacks (STX) Grows But Dark Clouds Hover Over It
Stacks (STX) has emerged as one of the top gainers in the past month. Stacks (STX) gained 23% in March. The major reason behind Stacks’ (STX) rise has been the massive hype around Bitcoin Ordinals.
Since Bitcoin NFTs are already available on the Stacks network, the launch of Bitcoin Ordinals has caused a surge in the demand for STX. Anything related to Bitcoin is bound to significantly impact the value of Stacks (STX).
Stacks (STX) is a layer-2 protocol that works on improving the functionality of Bitcoin. Stacks (STX) can bring smart contract functionalities and dApps to the Bitcoin network.
Hence, when Bitcoin Ordinals successfully entered the market, the demand for Stacks (STX) shot up.
Moreover, Stacks’ (STX) value has gone up by about 350% over the past three months. The total value locked (TVL) of the Stacks (STX) network has also seen a spike in the last two months.
Besides, the platform has also planned to launch a new upgrade this year. The platform’s Nakamoto Upgrade will grant users access to full smart contracts on the layer-2 chain.
The update aims to increase the scalability, speed, liquidity, and capacity of the Stacks (STX) network. Moreover, experts believe that the upcoming halving event of Bitcoin will benefit Stacks (STX) further.
However, the market value of Stacks (STX) has declined by 17% in the past week. Ranked 44th by market capitalization, Stacks (STX) is currently changing hands at $0.94, about 74% down from its peak price of $3.61, which the network touched in December 2021.
TMS Network (TMSN) Gets 5 Out Of 5 Stars For Its Presale Performance
TMS Network (TMSN) is a blockchain-based trading platform that combines cryptocurrencies and traditional derivatives. It is a decentralized network that has countered major issues like centralization, slow transaction speed, limited transparency, and high fees.
TMS Network (TMSN) permits the trading of futures, stocks, Forex, CFDs, and other derivatives without resorting to FIAT payment. A person is not required to open a new account on TMS Network (TMSN). They can use the platform’s services by connecting their wallet only.
TMS Network (TMSN) has institutional-level liquidity, enabling users to execute trades instantly. TMS Network (TMSN) implements an on-chain analysis mechanism for providing advanced price analysis.
Moreover, TMS Network (TMSN) smart contracts eliminate possibilities of any price manipulation, wash trading, and tampering.
TMS Network (TMSN) fares better in scalability than other blockchains. Thus, it offers high throughput at lower costs. TMS Network (TMSN) has also rolled out TMS Social Trading Club, and TMS Trader Education where new traders can learn from professionals, and make informed and profitable trades.
TMS Network (TMSN) non-custodial portfolio management and auto-rebalancing of holdings help traders retain absolute control over their digital assets. Holders of TMS Network (TMSN) tokens will earn commissions from the overall trading volumes generated on the platform.
TMSN will be the native token for the network’s ecosystem. The presale of TMS Network is currently in stage 2, and TMSN tokens can be purchased at $0.046.
TMS Network (TMSN) has already ballooned more than 1,400% from its launch price of $0.003. Experts forecast early TMSN token holders will get a 100x return.
For more information on TMS Network (TMSN) please see the links below:
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/TMSNetworkIO
Twitter: https://twitter.com/@tmsnetwork_io
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