The blockchain space is consistently evolving and improving, as more projects than ever before are being introduced consistently. With over 23,000 cryptocurrencies to pick from, investors and traders are on the lookout for the next big one that can truly spike in regard to its appeal and value.
Among investor circles, one such discussed project is TMS Network (TMSN), which can change the way in which anyone can trade any derivative. To see how it compares, we will compare it to Immutable (IMX) and Arbitrum (ARB), some of the more well-established projects across Web3.
Immutable (IMX) is essentially a platform for non-fungible tokens (NFTs) on top of Ethereum.
The objective of Immutable (IMX) is to enable instantaneous trading, a high level of scalability, and zero gas fees for minting and trading, with shared security through the Ethereum mainnet.
The native cryptocurrency behind the platform is known as Immutable (IMX).
Immutable (IMX) is used for the payment of the protocol fees, for staking, and for governance.
As of April 13, 2023, the Immutable (IMX) cryptocurrency traded at $1.14. Its all-time high was on November 26, 2021, when it climbed to $9.52.
In the last 24 hours, Immutable (IMX) climbed in value by 7%. In the last 30 days, the Immutable (IMX) cryptocurrency increased in value by 15.8%.
With this growth in mind, it is clear why it caught attention, but it is not the only crypto to do so, as investors are also eyeing Arbitrum (ARB) and TMS Network (TMSN).
Arbitrum (ARB) is a Layer-2 scaling solution on Ethereum and features two specific chains. On top of Arbitrum (ARB), users can utilize Arbitrum One and ARbitrum Nova. The Arbitrum (ARB) platform features a vast ecosystem. The Arbitrum (ARB) crypto sees usage for governance, and in its DAO, users can vote on future changes.
On April 13, 2023, the Arbitrum (ARB) cryptocurrency was trading at a value of $1.29. Arbitrum (ARB)’s all-time high was reached on March 23, 2023, at $8.67.
In regards to its historical performance, in the last 24 hours, ARB increased in value by 9.9%. If it manages to keep up with this momentum, it can be headed toward a bullish run.
TMS Network (TMSN)
TMS Network (TMSN) is a decentralized platform that allows anyone to trade any derivative through cryptocurrency payments directly. All users need to do is connect their wallets and execute an order without creating a separate account.
The TMS Network (TMSN) is decentralized, built on Ethereum, and aims to represent a one-stop solution for all trading investors. There is no requirement for FIAT currencies on TMS Network (TMSN), and it offers instant transaction processing.
Its native token, TMS Network (TMSN), has a high level of utility, as holders can vote in the governance process, get access to advanced trading tools and earn commissions from the trading volume generated on the platform.
At its current Stage 2 presale, TMS Network (TMSN) has been selling for $0.075. Analysts in the industry predict that the token will reach $2.2 by Q4, 2023. Investors and traders will want to jump into the project early and get TMS Network (TMSN) at this point in time before it explodes in value.
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