TMS Network (TMSN) Powers Up As Cryptocurrency Market Continues To Boom. What Does This Mean For Dogecoin (DOGE) and Solana (SOL)?
As the cryptocurrency market continues to experience unprecedented growth, the TMS Network (TMSN) has emerged as a powerful player in facilitating decentralized trading. With the increasing popularity of cryptocurrencies like Dogecoin (DOGE) and Solana (SOL), the TMS Network (TMSN)’s decentralized trading platform is poised to play a critical role in the future of digital asset trading. Read on to learn more.
TMS Network (TMSN) Concludes First Presale Round in Style, Accrues over $500k
The emergence of TMS Network (TMSN), a decentralized exchange (DEX), offers a promising solution for users in the world of asset trading. As a newcomer, the trading hub seeks to establish itself as the go-to exchange for traders seeking a diverse range of assets beyond just crypto.
TMS Network (TMSN) is built on Ethereum and operates fully decentralized, eliminating the need for intermediaries. As a result, trading on TMS Network (TMSN) is easier, seamless, cost-effective, efficient, scalable, and hassle-free. This also allows the platform to offer high-speed transactions at a low cost with zero hidden fees. This way, it offers unparalleled transparency and security.
One of TMS Network (TMSN)’s unique selling points is its ability to offer traditional asset classes such as stocks, CFDs, and Forex. This diversification of assets makes it an attractive platform for traders who want to expand their portfolios beyond just cryptocurrencies.
TMS Network (TMSN) is not just about the assets, though. The platform is designed to enhance the trading experience for users by providing access to social trading, research, and education through webinars, videos, and best-in-class, state-of-the-art trading tools. With these features, TMS Network (TMSN) aims to make trading easy for its users.
TMS Network (TMSN) has seen unprecedented growth in demand, with its ongoing presale selling out earlier than expected. During the presale, it raised over $500k in just two weeks. Currently, TMS Network (TMSN) tokens are available in the second phase of the presale for $0.025.
Dogecoin (DOGE) Still 85% Below ATH
Dogecoin (DOGE) is a decentralized peer-to-peer cryptocurrency with a humorous background. Despite being a meme coin, Dogecoin (DOGE) was designed as a payment system for faster and instantaneous peer-to-peer transactions. The main aim was to create an alternative to Litecoin.
At its launch, Dogecoin (DOGE) was created amidst a cryptocurrency landscape already dominated by Bitcoin. However, the Dogecoin (DOGE) community quickly grew to become a powerful force in digital currencies. Dogecoin (DOGE) is regarded as a meme coin. However, with TMS Network (TMSN), it can gain more recognition with real-world utility as an excellent asset for peer-to-peer transactions. Aside from this, the success of the TMS Network (TMSN) can potentially boost Dogecoin (DOGE) if listed on the platform.
Solana (SOL)’s Value Suffer Amid Network Congestion and Technical Glitch
Solana (SOL) is a blockchain network and cryptocurrency that performed excellently this year. The network uses a highly efficient and specialized consensus mechanism, the Proof of History, to achieve the massive scalability it boasts today. Unlike Dogecoin (DOGE) and its parent network, Solana (SOL) has higher throughput, excellent speed, and low fees – making the platform suitable for developing and deploying smart contracts, dApps, and DeFi projects.
Despite its efficiency, Solana (SOL) is unable to handle the influx of users. This has led to network outages every now and then. However, TMS Network (TMSN) can help Solana (SOL) offset some of its load and carry excessive user activities. TMS Network (TMSN) can effectively facilitate the decentralized trading of Solana (SOL) and SPL assets without adding to the network’s load.
TMS Network (TMSN) is a decentralized exchange that offers traditional asset classes and aims to enhance the trading experience with social trading, research, education, and advanced tools. It has the potential to boost cryptocurrencies like Dogecoin (DOGE) and Solana (SOL) by offering real-world utility and helping to offset network congestion