Crypto scams have become a huge issue in recent years – with tokens promising fantastic features and a bright future, only for the valuation to sink and products to be scrapped after millions of dollars have been staked. This has become increasingly common recently in India and other Asian countries, which has led to an unfortunate domino effect on tokens such as Stacks (STX) and Fantom (FTM).
So, should you avoid Stacks (STX) and Fantom (FTM) in fear of crypto scams, or are tokens such as TMS Network (TMSN) more trustworthy? Find out the answer by reading on!
TMS Network (TMSN)
TMS Network (TMSN) is a decentralized investment platform with a twist – it bridges the gap between decentralized and traditional investment, allowing crypto, FX, futures, stocks, and more to be traded within the same virtual space. TMS Network (TMSN) Trades are empowered by trading signals, automatic strategy tools, AI trade bots, blockchain analytics, and much more, and are processed at a seriously high speed and low cost.
Perhaps the most striking feature of TMS Network (TMSN) is its dedication to decentralized governance. Through a democratic voting system, TMS Network (TMSN) investors will always have a say in the future of the token, which directly tackles any fears of crypto scams. This confidence, along with the impressive TMS Network (TMSN) toolkit has led to massive gains for the token, including a 963% rise in token valuation and 2240% growth in revenue.
Stacks (STX)
Stacks (STX) is a layer-2 crypto token for the Bitcoin (BTC) network, meaning that it is designed to leverage the Bitcoin (BTC) blockchain whilst simultaneously improving its performance. This allows Stacks (STX) to harness the true power of Bitcoin (BTC), without having to break the bank on energy and mining costs.
Unfortunately, Stacks (STX) does not have as impressive of a valuation as it once did – the token had so much momentum, but the impact of crypto scam fears stunted the progress of Stacks (STX), and it’s struggling to get moving again. With some fresh changes to its product range, Stacks (STX) could easily hold a powerful seat in crypto in the future, but for now, the token is expected to trail behind fast movers such as TMS Network (TMSN).
Fantom (FTM)
Aside from scams, one of the biggest problems in the crypto industry is interoperability. Tokens such as Fantom (FTM) design their networks specifically to be interoperable, meaning that it is simple and accessible to connect data from the network to another blockchain. Fantom (FTM) has held a dominant stance in the crypto market for years thanks to its DAG (Directed Acyclic Graph) technology, something that few others are able to compete with.
So, what went wrong with Fantom (FTM)? Well, Fantom (FTM) is a South Korean crypto token, and unfortunately, the rise in Asian crypto scams has brushed off onto Fantom (FTM). It’s undeniable that this is not fair on Fantom (FTM), but thankfully, innovation always prevails. Whilst 2023 is likely to be a bumpy ride for a token, Fantom’s (FTM) focus on interoperability will no doubt deter the haters over time.
Final Thoughts
In conclusion, it’s important to watch out for crypto scams, but be careful who you listen to. Some people claim that tokens such as Stacks (STX) and Fantom (FTM) are scams, but this is not based on facts, and is essentially hateful speculation. Both tokens are in fact wise investments in 2023, although it would still be better to stake your cash on a more reputable token such as
TMS Network (TMSN).
Despite market obstacles, TMS Network (TMSN) continues to soar in value, driven by its ongoing presale success. It’s still not too late to be a part of the rally, but it’d be better not to wait around for too long. The second wave is expected to sell out in record time, just as the first wave did.
Presale: https://presale.tmsnetwork.io
Whitepaper: https://tmsnetwork.io/whitepaper.pdf
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetworkio
Discord: https://discord.gg/njA95e7au6
Source: https://www.cryptopolitan.com/investors-flock-to-tms-network-tmsn-over-stacks-stx-and-fantom-ftm-amid-increasing-crypto-scams-across-india/