Many cryptocurrencies had received some relief earlier this year, as the overall market sentiment rebounded. Subsequently, Polygon (MATIC) and Avalanche (AVAX) had been able to post positive figures. But with the market plummeting again, investors are more convinced and attracted by the presale of TMS Network (TMSN), which has raised more than $3 million in just the first three weeks.
Starbucks’ NFT Collectibles Unable to help Polygon (MATIC) Ecosystem
Polygon (MATIC) witnessed another NFT collectible launch on March 9, when Starbucks rolled out its Siren collection. As per market experts, the launch of Starbucks’ Siren can increase the volume of NFTs on the Polygon (MATIC) network. Since the primary sales of Siren were sold out quickly, analysts believe that the secondary sales on the network will positively impact the value of Polygon (MATIC). The market capitalization of Polygon (MATIC) can also get a boost with this development. Currently, Polygon (MATIC) is ranked 8th by market capitalization. Interestingly, the price of Polygon (MATIC) has registered a growth of 3% in the past. However, on the weekly chart, Polygon (MATIC) is still down by 2%. At present, Polygon (MATIC) is changing hands at $1.10, which is 62% below its peak of $2.92.
Avalanche (AVAX) Freezes Trading Of Stablecoin
Soon after USD Coin (USDC) was depegged on March 11, Avalanche (AVAX) froze stablecoin trading to mitigate the impact of price volatility. According to experts, the collapse of Silicon Valley Bank (SVB) has forced cryptocurrencies, including Avalanche (AVAX), into damage control mode. Freezing of trading activities of stablecoin, by Avalanche (AVAX), is an effect of it. Meanwhile, Avalanche (AVAX) has secured good positions in recent market metrics. Currently, Avalanche (AVAX) is ranked 7th in the proof-of-stake coins sector, and 11th in the layer-1 sector. The price of Avalanche (AVAX) has increased by 8% in the past 24 hours, at the time of writing. At present, Avalanche (AVAX) is available to trade at $15.63, which is 89% below its all-time high of $146.22.
TMS Network’s (TMSN) Presale Growth Becomes 1100% Faster
TMS Network (TMSN) is a revolutionary, and state-of-the-art trading platform that has raised over $3 million of investments in two stages of its presale. TMS Network (TMSN) facilitates the trading of a variety of tradable digital assets using crypto as payment. TMS Network (TMSN) permits the trading of digital assets without requiring any paperwork or opening an account. Interested individuals just need to connect their wallets and start trading. TMS Network (TMSN) has established a protocol for instant deposits and withdrawals of digital assets on a single user interface. The network also authorizes the online trading of numerous asset classes, including cryptocurrencies, stocks, futures, and forex, among others. These features keep sufficient liquidity on TMS Network (TMSN), helping traders complete their transactions quickly.
TMS Network (TMSN) has received massive praise for offering accuracy, and security in all trade-related activities. The platform deploys smart contracts to oversee all trading activities, and the proceedings on it are recorded on a public ledger automatically. Hence, middlemen can never interfere in any transactions on TMS Network. The network aids traders in investing in an extensive range of digital assets at a nominal cost. A marvelous feature of TMS Network (TMSN) is its scalability. It can easily handle a surge in the number of transactions without compromising its swift speed.
TMS Network (TMSN) has also institutionalized a one-of-a-kind commission-sharing model. The network charges a small commission on all transactions on the platform, and distributes the revenue arising from it among TMSN holders. TMS Network (TMSN) also assists individuals in doing market research before making an investment. The presale phase of TMS Network (TMSN), which started at $0.003, has traveled to $0.038, following a price increase of 1100%.
For more information on TMS Network (TMSN) please see the links below:
Presale: https://presale.tmsnetwork.io
Whitepaper: https://tmsnetwork.io/whitepaper.pdf
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetworkio
Discord: https://discord.gg/njA95e7au6