With the collapse of centralized banks and the overall increase in inflation, a lot of people have begun moving away from centralized solutions and are making their way toward the Web3 space. TMS Network (TMSN) is a project that can revolutionize the way investors make their investments in derivatives and enables open entry to anyone, from anywhere in the world, without a required account creation process.
We will compare TMS Network (TMSN) with well-established projects such as Arbitrum (ARB) and Polygon (MATIC) to see how it stacks up and how far it can grow.
Arbitrum (ARB)
Arbitrum (ARB) is a suite of scaling solutions that have been built to help scale Ethereum through the utilization of Optimistic Rollup technology that operates as Layer 2.
Through the usage of Arbitrum (ARB), anyone can essentially gain access to quicker speeds and cheaper transaction costs whenever they interact with Web3 Decentralized Applications (dApps).
The native cryptocurrency, Arbitrum (ARB), is used for governance, where token holders have the ability to vote on the Arbitrum DAO governance proposal surrounding its overall future.
When we go over its performance, on April 6, 2023, Arbitrum (ARB) had a value of $1.21. In regards to its all-time high, the Arbitrum (ARB) cryptocurrency reached $8.67 on March 23, 2023. As for its historical performance, in the last 24 hours, Arbitrum (ARB) decreased by 5.4%, and in the last 14 days, its value has seen a decrease of 10.2%.
Aside from Arbitrum (ARB), investors are also eyeing Polygon (MATIC) and TMS Network (TMSN).
Polygon (MATIC)
Polygon (MATIC) aims to offer instant, secure, and scalable transactions on top of blockchains. It is a scaling solution and a platform for infrastructure development that features a core component known as the Polygon SDK, a modular, flexible framework.
Using Polygon (MATIC), anyone can create optimistic rollup chains, ZK Rollup chains, stand-alone chains, or anything else.
The native cryptocurrency, Polygon (MATIC), is used for securing the system and for enabling governance.
Polygon (MATIC) was trading at a value of $1.12 on April 6, 2023. Its all-time high was on December 27, 2021, at $2.92.
In regards to its historical performance, in the last 24 hours, the Polygon (MATIC) cryptocurrency decreased by 2.4%. In the last year, Polygon (MATIC) as a whole is down 29.7%. Its all-time high was at $2.92 on December 27, 2021, which means that it now trades 61.57% under that value.
With this worrying performance in mind, TMS Network (TMSN) and its potential growth are seen as a better alternative.
TMS Network (TMSN)
TMS Network (TMSN) is being developed as an all-in-one platform for trading derivatives, where users can trade forex, CFDs, futures, and anything else with cryptocurrency payments.
This means that on top of TMS Network (TMSN), no account creation process is required, and users can just connect their crypto wallets and begin trading immediately.
Through holding the native token, TMS Network (TMSN), users can earn commissions from the trading volumes that are generated by other traders that use the platform, and social trading features are introduced to enable anyone to copy the best traders and profit from the trading decision they make. There is also support for MT4 and MT5 integration, where users can plug in their expert advisors and trading robots.
Learn more about TMS Network here:
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/TMSNetworkIO
Twitter: https://twitter.com/@tmsnetwork_io
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Source: https://www.thecoinrepublic.com/2023/04/10/arbitrum-and-polygon-see-significant-decreases-in-value-while-tms-network-dominates-with-its-presale/