Traders accept that the crypto markets are much more volatile than traditional markets. But even in the volatility of crypto, some coins experience more stability than others. Meme coins like Dogecoin (DOGE) and ApeCoin (APE) experience high volatility due to application uncertainty. Investors looking for a more stable platform are turning to TMS Network (TMSN), a decentralized exchange now in the second phase of its presale.
ApeCoin (APE) – Boredom Leads NFT Frenzy, Which Leads Back To Boredom
Developed to bring the Web3 ecosystem into existence, Apecoin (APE) is a cryptocurrency born from the Bored Ape Yacht Club NFT. ApeCoin (APE) was initially airdropped to holders of BAYC and MAYC NFTs, producing one of the most lucrative airdrops in the cryptosphere.
Yuga Labs developed ApeCoin (APE), with The Ape Foundation Board, including notable figures like Reddit co-founder Alexis Ohanian, overseeing the implementation of ApeDAO’s decisions. Although Yuga Labs doesn’t control ApeCoin (APE), it significantly contributes to the project.
ApeCoin (APE) serves various purposes, including governance, unification of spending, access to opportunities, and incentivizing developers to integrate ApeCoin (APE) into their projects. With a fixed supply of 1 billion ApeCoin (APE), the token is designed for network governance and as a utility token for Web3 projects.
Dogecoin (DOGE) – Like a Roller Coaster: Great Fun, but Full of Ups and Downs
While DogeCoin (DOGE) started as a parody of Bitcoin, Dogecoin (DOGE) quickly gained a cult following and has become a legitimate cryptocurrency with a market cap of over $30 billion.
However, one of the main characteristics of Dogecoin (DOGE) is its extreme volatility and instability. This means that the price of Dogecoin (DOGE) can fluctuate wildly quickly, making it a risky investment for those seeking stability in their portfolio. Dogecoin (DOGE) has experienced multiple price spikes and crashes over the years, most notably during the recent meme-inspired frenzy in early 2021.
Cryptocurrency investors need to be aware of the potential risks associated with investing in Dogecoin (DOGE) and to carefully consider their investment strategy before making any decisions. While Dogecoin (DOGE) may seem like a fun and quirky investment, it’s important to remember that volatility can lead to significant losses.
TMS Network (TMSN) – Token Shows Stability Even In Volatility
Investors searching for calmer waters have invested in TMS Network (TMSN)’s presale. TMS Network (TMSN), a new decentralized exchange, is attracting investors for numerous reasons, primarily because of its tokenomics model.
As a fully decentralized exchange built on Ethereum, the community wholly owns TMS Network (TMSN). With no central authority, traders and investors who hold TMS Network (TMSN) tokens own the exchange.
This means that TMS Network (TMSN) token holders share in the revenue generated by global trading, making TMS Network (TMSN) a sure bet regardless of market conditions: bull, bear, or the volatility in between, TMS Network (TMSN) provides investors with stability.
Those looking to join the certainty of TMS Network (TMSN) can participate in the second presale phase. The $500k first phase sold out in under two weeks, but second phase tokens are now available at $0.038.
For more information, follow the links below.
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetworkio
Discord: https://discord.gg/njA95e7au6
Source: https://www.cryptopolitan.com/meme-coins-like-dogecoin-doge-and-apecoin-ape-experience-high-volatility-as-tms-networks-tmsn-presale-hits-new-highs/