With centralized banks and overall markets collapsing in regard to value, investors are now more motivated than ever before to make their way toward the Web3 space and leverage the overall growth of cryptocurrencies. By making investments in altcoins, investors can diversify their portfolios outside of traditional investments and leverage the best that both worlds have to offer.
One of the latest projects to become popular among investors in 2023 is TMS Network (TMSN), and today, we will go over how it compares against competing cryptocurrencies such as Dogecoin (DOGE) and Solana (SOL).
Dogecoin (DOGE)
Dogecoin (DOGE) is an open-source project that establishes a Peer-to-Peer (P2P) cryptocurrency and network that was originally developed as a parody or a meme of the Bitcoin (BTC) cryptocurrency.
Over time, Dogecoin (DOGE) exploded in popularity and is one of the most heavily-utilized daily cryptocurrencies today due to the low costs associated with transferring it.
As of March 30, 2023, the Dogecoin (DOGE) cryptocurrency traded at $0.075.
Dogecoin (DOGE) increased by just 0.8% within the last seven days. In the last 14 days, its overall increase was at 7.1%. When we consider its performance throughout the previous month, Dogecoin (DOGE) is down 7.8% in value.
The all-time high behind Dogecoin (DOGE) was on May 8, 2021, when it reached a value of $0.731578, meaning that it now trades 89.72% under that point of value.
The future value and price movements behind Dogecoin (DOGE) are unclear, and as such, investors and traders are moving to alternative cryptocurrencies such as TMS Network (TMSN).
Solana (SOL)
Solana (SOL) is a blockchain that leverages the power of the Proof-of-History (PoH) consensus model and has found a lot of use cases within the sphere of Decentralized Finance (DeFi) and Decentralized Applications (dApps).
The Solana (SOL) network has gathered a high level of popularity due to its throughout. However, it has also experienced its fair share of network outages.
When we review the current value behind Solana (SOL), on March 30, 2023, the cryptocurrency was trading at $20.64.
In the last 24 hours, Solana (SOL) decreased by 3.3%, and in the last seven days, it decreased by 4.2%.
In the previous month, Solana (SOL) decreased in value by 8.9%. As for its all-time high, Solana (SOL) reached $259.96 on November 6, 2021.
Based on its historical performance, it is clear why investors have moved on to cryptocurrencies in their presale phase, such as TMS Network (TMSN).
TMS Network (TMSN)
TMS Network (TMSN) is a platform that has been developed with the objective of enabling any user the opportunity to invest in derivatives through cryptocurrencies instantly.
When we go over its functionality, TMS Network (TMSN) allows users to trade all derivatives through cryptocurrency payments. This means that just by connecting their cryptocurrency wallets to TMS Network (TMSN), users can trade stocks, CFDs, forex, and other derivatives directly without the need to create a separate account.
There are also advanced features, such as Copy Trader and support for MT4 and MT5.
The TMS Network (TMSN) token is native to the platform, and through holding it, users can access advanced features and can even earn commissions from trading volume generated within the platform. The more that’s traded, the more everyone can earn.
The TMS Network (TMSN) token is currently at Stage 2 of the presale, trading at $0.046. Investors and traders who want to jump into it early can sign up for the presale below, as it is predicted that TMSN can reach a value of $2 by the end of Q4, 2023.