By The crypto market is igniting as new projects take center stage from renowned ones. Lately, TMS Network (TMSN), a new decentralized trading platform, has set the stage on fire, leaving two major players, Monero (XMR) and Avalanche (AVAX), feeling the heat. TMS Network (TMSN) is disrupting DeFi and decentralized trading with its powerful innovation aimed to crush traditional boundaries. This article will look at TMS Network (TMSN) and how it is burning its peers like Monero (XMR) and Avalanche (AVAX) in an ongoing presale.
Monero (XMR) Gets Delisted on Binance Amid Regulatory Concerns
Launched in 2014, Monero (XMR) has become a leading figure in pushing for censorship resistance and anonymous peer-to-peer transactions. Unlike many chains, Monero (XMR) uses innovative privacy-focused features, including ring signatures, stealth addresses, and RingCT, to obfuscate transactions.
However, Monero (XMR) continues to face setbacks from regulators and exchanges for its privacy-focused features. Recently, Binance has decided to delist Monero (XMR) and other privacy coins in four European countries. Monero (XMR)’s delisting comes as Binance aims to comply with local laws and regulatory requirements and European Union’s push for stricter regulations in the cryptocurrency industry.
Privacy coins like Monero (XMR) have often been criticized for their potential use in illicit activities. However, enthusiasts argue that these coins provide users with essential privacy protections and legitimate use cases. As a result, the Monero (XMR) token went down by 12% to $139. Currently, the token has recovered to $145 but is still about 72% below its all-time high price of $515.
Avalanche (AVAX) Falls After $130 Million Token Unlock, TMS Network (TMSN) Takes Over
Layer one chain, Avalanche (AVAX) is widely known for its lightning-fast speed and scalability. The network offers huge support for building and hosting decentralized applications and financial solutions. Avalanche’s (AVAX) interoperability allows developers to utilize the Ethereum Virtual Machine and toolkit.
However, Avalanche (AVAX) faces tough competition from other blockchain platforms such as Ethereum 2.0, Polkadot, Cardano, Terra, and Solana. Unfortunately, Avalanche (AVAX) experienced a significant fall in its token value following the unlocking of $130 million worth of tokens. The event led to a 1.2% increase in the total supply of Avalanche (AVAX) tokens and, subsequently, a 37% decrease in AVAX value.
In contrast, TMS Network (TMSN) has gained prominence due to its appeal to a wide range of investors. While Avalanche (AVAX) primarily focuses on the competitive B2B markets, TMS Network’s (TMSN) broader market appeal has led to its rise in popularity.
TMS Network (TMSN) Burns Competition in Presale, Raised Millions as Valuation Rises
As price volatility affects big cryptocurrencies like Monero (XMR) and Avalanche (AVAX), TMS Network (TMSN) continues to soar higher in valuation and popularity. With its decentralized exchange that disrupts the traditional trading landscape, TMS Network (TMSN) offers a wide array of financial assets and capabilities for asset trading. Users can trade cryptocurrencies, CFDs, forex, and futures at low costs while enjoying enhanced security and transparency.
TMS Network (TMSN) provides an allure that keeps traders and investors glued to its vision. Since it leverages blockchain technology, users can be assured of a better trading experience, lightning-speed execution and a wide range of trading tools. The presale of TMS Network (TMSN) has been a resounding success, with the first three stages seeing over $6 million raised from enthusiastic investors.
The value of the TMS Network (TMSN) token has soared, currently standing at $0.097 – a staggering 2,000% increase since the start of the presale three months ago. Unlike its competitors such as Monero (XMR) and Avalanche (AVAX), TMS Network (TMSN) embodies the possibilities of new decentralized trading, and investors are eagerly anticipating its upcoming launch. With its impressive performance and rising valuation, TMS Network (TMSN) is set to make its mark in decentralized finance.
Find out more about the TMS Network (TMSN) presale below:
Telegram: https://t.me/tmsnetworkio
Website: https://tmsnetwork.io
Presale: https://presale.tmsnetwork.io
Discord: https://discord.gg/njA95e7au6
Whitepaper: https://tmsnetwork.io/whitepaper
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