Asset diversification can play an essential role when it comes to managing and handling a portfolio. More investors than ever before are beginning to diversify through different types of assets, derivatives, and even cryptocurrencies.
One of the latest Web3 projects, TMS Network (TMSN), is aiming to enable investors access to these opportunities. To see how this new project stacks up, we will be comparing it to other well-established projects, including ApeCoin (APE) and Injective (INJ).
ApeCoin (APE) is an ERC-20 token that was built on top of the Ethereum blockchain.
The ApeCoin (APE) cryptocurrency got airdropped initially to anyone who owned a non-fungible token (NFT) from the Ape Yacht Club (BAYC) or the Mutant Ape Yacht Club (MAYC)
Through holding the ApeCoin (APE) cryptocurrency, anyone will be able to become a part of the ApeDAO an make votes on the system improvement proposals whilst governing the community surrounding it.
When we go over the value of ApeCoin (APE), on April 13, 2023, it was trading at $4.46. ApeCoin (APE) reached its highest point of value on April 28, 2022, at $26.70.
In regards to its recent performance, in the last seven days, ApeCoin (APE) increased by 6%, and in the last 14 days, its overall increase has been at 8.8%.
While ApeCoin (APE) did see some jump in value, it still needs to maintain this momentum in order to hit a bullish outlook. But investors and traders have also been eyeing alternative cryptocurrencies, including Injective (INJ) and TMS Network (TMSN).
Injective (INJ) is a Layer1 blockchain that aims to establish a platform in which anyone can create Decentralized Finance (DeFi) applications.
The Injective (INJ) project is built on the Cosmos SDK. Additionally, it also utilizes the Tederming-based, Proof-of-Stake (PoS) consensus model.
Injective (INJ) also features its decentralized exchange (DEX), which aims to offer high speed, security, and a high level of decentralization.
When e go over the cryptocurrency’s recent value, on April 13, 2023, the Injective (INJ) cryptocurrency traded at $6.73. Its all-time high was reached on April 30, 2021, at $24.89. As of Injective (INJ)’s recent performance, the cryptocurrency jumped by 23.1% in the last seven days. In the last 30 days, its overall growth was at 64.4%. It’s clear that Injective (INJ) is on a bullish run, but it is not the only altcoin to gain a lot of momentum.
TMS Network (TMSN)
TMS Network (TMSN) is a decentralized,d Ethereunm-based platform that can revolutionize the traditional trading industry.
The TMS Network (TMSN) is being developed to solve a lot of issues found in current systems, including the lack of price uniformity and high trading fees, transaction delays, and a lack of trading education.
On top of the TMS Network (TMSN), users will be able to access social trading features. Copy Trader, for example, will enable them to copy what successful traders are doing. On TMS Network (TMSN), users will also be able to integrate MT4 and MT5 to get access to analytics and trading bots.
The native TMSN utility token can be used for governance, accessing advanced trading features, and earning a commission on every trade made through the platform.
TMS Network (TMSN) can become the go-to platform that millions utilize as it offers fair, transparent, and efficient markets and utilizes blockchain technology. Anyone can simply connect their cryptocurrency wallets and begin trading immediately without creating a separate account.
As TMS Network (TMSN) is undergoing Stage 2 of its overall presale, its value is at $0.075. Analysts predict this value can climb to $2.2 by the end of Q4,2023.
Find more about TMS Network here: