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The TMS Network (TMSN) surpassed all expectations in the first stage of its presale raising over $500,000, and as the second stage begins more interest is being generated by the newest crypto platform.
But what does this mean for Monero (XMR) and Uniswap (UNI)? New cryptos generally offer bigger returns, and with Monero (XMR) facing trouble in Dubai and with the cross-chain Issues plaguing Uniswap (UNI), this could play well for TMS Network (TMSN) investors.
Monero (XMR) Facing Trouble in Dubai
The success of TMS Network’s (TMSN) presale could be further enhanced with the problems Monero (XMR) is facing in Dubai. It’s one of the oldest and most respected cryptocurrencies, but Monero’s (XMR) focus on privacy could be to the detriment of its market cap going forward.
New laws have been published in the Middle Eastern state that prohibit the issuance and use of anonymity-enhancing cryptocurrencies such as Monero (XMR). The regulations set licensing and authorization requirements for virtual asset companies and issuers looking to operate in Dubai.
Anonymity-enhancing crypto such as Monero (XMR) was clearly under fire under the new regulations, as the Gulf state aims to be able to track all transactions that run through its Internet.
Other jurisdictions, such as Japan and the European Union, are also taking steps to prohibit privacy-enhancing crypto, which could lead to the downfall of Monero (XMR), and allow TMS Network (TMS) to take advantage.
Uniswap (UNI) Plagued by Cross Chain Issues
Uniswap (UNI) is a leading DeFi protocol, and one of the biggest movers in the previous crypto bull season. But with all the cross chain issues plaguing Uniswap (UNI), it could drive investors away to seek newer, more secure crypto protocols.
Uniswap (UNI) has been trying to integrate bridges, which allow data to flow from one chain to another. Although it addresses significant challenges faced by crypto protocols, it also leaves them vulnerable, and Uniswap (UNI) has been hacked both times they have tried it.
This insecurity is leaving many unsure about Uniswap (UNI), and it could play into the hands of newer and more secure protocols such as TMS Network (TMSN).
TMS Network (TMSN)
The TMS Network (TMSN) has raised over $500,000 in its first stage of presale, and with its second stage now underway, the sharpest investors are taking advantage.
The TMS Network (TMSN) is a decentralized exchange that offers a comprehensive solution for traditional and crypto traders. The platform offers trading for over 500 cryptocurrencies and several different traditional asset classes. It also boasts features such as social trading, advanced risk management tools, and educational resources, and much more.
TMS Network (TMSN) is built on Ethereum, which allows the DeFi platform to benefit from its security – a problem Uniswap (UNI) is going through. All transactions are recorded on the public chain, so this transparency reduces the risk of fraud, and unlike Monero (XMR) it also means it will be welcome in tougher jurisdictions.
It’s powered by TMS Network’s token, TMSN, which boasts several key features including access to premium research, dedicated support, and the potential to earn a passive income through staking and providing liquidity.
TMS Network (TMSN) is a promising investment opportunity. With the second phase of the presale now underway and the TMS Network (TMSN) token still available at $0.025, smart investors are taking advantage of this exciting opportunity.
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetworkio
Discord: https://discord.gg/njA95e7au6
Twitter: https://twitter.com/tmsnetworkio
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