Staying in the loop about the latest and greatest blockchain-based projects is essential for any serious cryptocurrency trader and investor aiming to make a solid portfolio filled with high-growth potential altcoins.
Recently, Filecoin (FIL), Arweave (AR), and TMS Network (TMSN) have all been a point of discussion for a lot of them. However, each cryptocurrency has performed differently.
Today, we will dive into what makes these projects stand out and why investors might have been eyeing or avoiding them.
Filecoin (FIL)
Filecoin (FIL) gathered a lot of attention upon the announcement surrounding the Filecoin Ethereum Virtual Machine (FEVM).
On Twitter, the development team behind the project announced that the launch would occur on March 14, 2023.
The EEVM being built for FIlecoin will bring smart contracts and user programmability to the network. Additionally, it will also lead to enhanced usability.
On March 8, 2023, Filecoin (FIL) was trading at $5.73. This indicates a decrease of 17.59% in the last seven days and a decrease of 2.43% in the last 24 hours. Based on the performance of the cryptocurrency, the cryptocurrency has entered a red zone.
Investors might be prompted to look at alternative cryptocurrencies as a result of this decrease.
Arweave (AR)
Arweave (AR) is another cryptocurrency that investors and traders have discussed, but things have not been looking too bullish for the cryptocurrency. In fact, the situation is bearish, as AR has decreased by 21.28% within the last seven days.
As of March 8, 2023, Arweave (AR) is trading at a value of $8.01. In the last 24 hours alone, the cryptocurrency decreased by 6.06%.
Based on the analytical data, AR as a cryptocurrency is headed toward a downward momentum, and there are no guarantees that it can kick back up in terms of its value.
TMS Network (TMSN)
TMS Network (TMSN) is a newer blockchain-based project that has completed the first stage of its presale and has grabbed the attention of investors and traders looking for ways through which they can diversify their portfolios after the decrease of the cryptocurrencies mentioned above.
The project can revolutionize the trading industry’s operations by becoming a decentralized platform where anyone globally can access numerous trading features, including stocks, FX, and CFDs with crypto, all from a single location.
With the TMS Network (TMSN), anyone can buy or trade any derivative, which is available without an account creation requirement. All anyone can do to access the platform is to connect their wallet, and afterward, they will have the opportunity to get its native token, the TMNS token.
There are unique features that help TMS Network (TMSN) differentiate itself from competitors, such as the Copy Trader Feature as well as MT4 or MT5.
Stage 2 of the presale has started and has already managed to reach 50%, where the value of TMNS is $0.032. By getting into the project early, investors can take part in a project that can assert itself as an industry leader, and some analysts have predicted its value to increase to $2.20 by December 2023. Any investor or trader curious about interacting with the token and ecosystem can follow the links below.
For more information on TMS Network, please check out the following links below:
Presale | Whitepaper | Telegram | Discord | Twitter
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Source: https://coinpedia.org/press-release/tms-network-passed-stage-one-of-its-presale/