XRP Drops as Bears Emerge, MATIC losing grip in the DeFi space, while TMS Network (TMSN) Grows Over 700%

Ripple (XRP) is an open-source decentralized technology. Ripple (XRP) is known for its low-cost and faster transactions. Ripple (XRP) was formed as an energy-efficient Bitcoin blockchain alternative. The XRP ledger presents various use cases and apps, which are related to payments using DeFi, micropayments, and NFTs. Ripple (XRP) provides various developers with flexibility and utility.

Polygon (MATIC) is an ERC-20 compatible token, and a framework for connecting and building blockchain networks that are compatible with Ethereum. Polygon (MATIC) aims for cheaper transactions with the help of side chains that run alongside Ethereum’s main chain. Polygon’s (MATIC) sidechain is secured by PoS. Users can stake MATIC using the official Polygon wallet. They can also delegate MATIC to a validator and receive a portion of the rewards.

The launch of TMS Network’s (TMSN) platform has brought great respite to traders across the globe. The new TMS Network (TMSN) initiative helps counter the problems that traders face with centralized platforms. TMS Network (TMSN) uses smart contracts and blockchain technology to help execute faster and more secure trades. This new platform by TMS Network (TMSN) is accessible to traders of all levels.

Ripple (XRP) price dropping fast

Like the rest of the crypto market, Ripple’s (XRP) price analysis shows a bearish movement. Ripple’s (XRP) support level is currently at $0.3667, and has broken below this level at $0.362. Ripple (XRP) started the day at $0.3708, and continued dropping through the day.

Today, the crypto market opened with a bullish sentiment, and surged for a major part of the day. However, the buying pressure could not be sustained, and the bears took over. If the bulls push back the bears, Ripple (XRP) may still be able to surge, however, the near future of the token depends on the buying and selling pressure.

Polygon (MATIC) losing its DeFi space

Polygon (MATIC) was once considered a top player in the DeFi space. The Polygon (MATIC) network attracted many projects and users. However, Polygon (MATIC) has recently seen an activity decline, and many projects are now moving to other platforms.

Polygon’s (MATIC) decline can be attributed to various factors, including high fees and competition from other DeFi platforms. At the time of writing, Polygon (MATIC) was trading at $1, and has dropped 15.22% in the last week.

TMS Network (TMSN) holding strong despite the market crumbling around it

TMS Network (TMSN) is a ray of hope in an otherwise glum market. Since its launch, TMS Network (TMSN) has been rising high, and has increased almost 700% since its launch price. TMS Network (TMSN) is currently trading at $0.029. Investing in TMS Network (TMSN) at this time would serve as a hedge against the plummeting market, as per analysts.

TMS Network (TMSN) has raised $2 million in a private seed sale, and an additional $500k during stage 1 of presale. Early token investors are benefiting from TMS Network’s (TMSN) price rise due to its revenue-sharing model.

For more information on TMS Network (TMSN) please see the links below:

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

Twitter: https://twitter.com/tmsnetworkio


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Source: https://www.thecoinrepublic.com/2023/03/15/xrp-drops-as-bears-emerge-matic-losing-grip-in-the-defi-space-while-tms-network-tmsn-grows-over-700/