Can Arbitrum and Optimism Compete with TMS Network in Their Current Situations?

Despite layer-two blockchain protocols becoming popular, Arbitrum (ARB) and Optimism (OP) seem to be having difficulty in establishing their tokens. TMS Network (TMSN) is making the most of the changing trends to gear up for a price rise.

TMS Network (TMSN) Is Offering Everything a Crypto Derivative Trader Wants

TMS Network (TMSN) is a decentralized crypto trading platform that offers instant withdrawals and faster transactions. Crypto traders who want super low transaction fees will love TMS Network (TMSN) for being so user-friendly. Users don’t have to create an account on TMS Network (TMSN), or spend time waiting for KYC verification. TMS Network (TMSN) allows users to directly connect their wallets to the platform, and execute an order in a quick time.

TMS Network (TMSN) has developed a platform that offers hassle-free and tamper-proof services while ensuring user anonymity. TMS Network’s (TMSN) native token is also becoming popular among crypto traders. The price of TMS Network’s (TMSN) token shot up from $0.029 to $0.046 during the presale. TMS Network (TMSN) has raised $3.1 million, and is gearing up for the official launch. Experts say that TMS Network’s (TMSN) price will shoot up post-release.

What Does Arbitrum’s (ARB) Crash and Sideways Movement Mean for the Token?

Arbitrum’s (ARB) native token officially went live on 23rd March 2023, though the platform has been operational since 2021. More than a billion Arbitrum (ARB) tokens were airdropped, leading to a flurry of activity. GMX decentralized exchange received 8 million Arbitrum (ARB) tokens, and became the largest single holder. Different exchanges registered a different price for Arbitrum (ARB), with Bybit recording the highest of $14. Arbitrum (ARB) touched $9 on Kraken before plunging to $1.10. Furthermore, Arbitrum (ARB) is yet to recover from the crash. The price of the Arbitrum (ARB) token is $1.2375 at press time. Arbitrum (ARB) is currently displaying a sideways movement, with the price hovering between $1 and $1.6 in the last two days. With more than 1.2 million transactions per day, the Arbitrum (ARB) platform is among the fast-growing protocols in the market. However, analysts say Arbitrum’s (ARB) crash is not unexpected. Though they aren’t sure how long it will take for Arbitrum (ARB) to touch $10 again.

Optimism (OP) Uncertain of Future as the Token Price and Network Growth are Low

Optimism (OP) is a layer two blockchain on Ethereum. L2 protocols have been attracting more users, though it appears that Optimism (OP) is doing the opposite. The network growth and token price of Optimism (OP) has struggled in the past month. Optimism (OP) recorded more unique addresses, according to the platform’s Tweet on 20th March. However, the gas usage on Optimism (OP) has gone down, indicating less activity on the network despite the increase in unique addresses. Optimism (OP) token saw more lows than highs last month. The Optimism (OP) price was $3.2189 on 24th February, and $2.253 on 25th March. In just one day, the Optimism (OP) token’s price fell by 7.31%. Based on the current trends, experts feel that Optimism (OP) is more likely to go south than pick up and create wonders.

You can find out more about TMS 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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