Dydx (DYDX) and EOS (EOS) have been struggling recently, while TMS Network Presale appears to be gaining momentum. This article will explore the reasons behind their performance and the potential prospects for TMS Network.
Dydx plans to launch a new update while trading at $2.67
Decentralized derivatives platform, dYdX (DYDX), has revealed that it will be launching its cross-chain trading infrastructure on May 10th. The dYdX’s (DYDX) new infrastructure will enable users to trade across multiple blockchains. One can trade on Ethereum (ETH) and Cosmos (ATOM) while using dYdX (DYDX) tokens.
The project will use the Inter-Blockchain Communication (IBC) protocol to connect with other blockchains. Thus, dYdX (DYDX) is expected to allow seamless interoperability.
Furthermore, dYdX (DYDX) aims to provide faster transaction speeds, and lower fees compared to Ethereum (ETH) by moving to the Cosmos (ATOM) network. This move to Cosmos is part of dYdX’s (DYDX) broader effort to address the scaling limitations with Ethereum. The launch of dYdX’s (DYDX) cross-chain trading infrastructure marks a significant milestone for the project. However, the development hasn’t impacted the dYdX (DYDX) token’s price, which is currently trading at $2.67.
Eos network announces an important launch while the token price trades at $1.08
Eos (EOS) network foundation shared information on the release of Antelope Leap v4.0.0. It is a well-known data analytics solution provider, which will now support other blockchains along with Eos (EOS). The new version has many enhanced features for Eos (EOS) users, such as crypto market data monitoring and analysis, timely price tracking, and a customized dashboard.
Antelope Leap v4.0.0 will integrate with multiple exchanges, which will allow Eos (EOS) and other chain users to track their portfolios across different platforms. Eos (EOS) users have shown good support for this new launch. If everything goes well, Eos (EOS) users may use Antelope Leap v4.0.0 as a go-to solution to get a competitive edge.
However, many Eos (EOS) users are speculating on claims made regarding the new launch. The Eos (EOS) token price has not shown any significant growth either. Currently, the live price of Eos (EOS) tokens is $1.08.
TMS Network (TMSN) steals all the limelight with its quick price pump
TMS Network has emerged as a futuristic decentralized trading platform for all derivatives. Unlike most trading platforms, TMS Network (TMSN) is user-friendly and accessible to traders of all levels. It provides an on-chain price analysis, and AI-powered strategy builder to let traders make profiting trades.
Furthermore, TMS Network ensures security, transparency, and cost-effectiveness while trading in Forex, CFDs, stocks, and futures via crypto payment. TMS Network (TMSN) offers a unique rewards program that incentivizes holders to stake their tokens.
TMS Network has already attracted high-profile investors, and its user base is expected to skyrocket. It could lead to a surge in demand for TMS Network (TMSN) tokens, which are available for purchase at a bargain price of $0.085 in its ongoing third-stage presale. The token price is predicted to cross $1 in a few weeks.
TMS Network is a clear success story. Act fast and invest in TMS Network (TMSN) today to be a part of this exciting journey to high returns.
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/2023/05/08/dydx-and-eos-can-fall-behind-while-tms-network-tmsn-presale-looks-to-lead-the-way-with-a-price-jump-to-0-085/