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Bitcoin is steadfastly holding the $30,000 mark and even briefly tested the $31,000 price point. With that, it’s only halfway along its all-time-high price. Now, there’s mounting exuberance in the crypto market, and most altcoins are rallying. However, none of them have reacted to this latest development as positively as TMS Network (TMSN). TMSN has grown by 400% over the past few weeks. To seal its dominance in the ongoing ICO, TMS Network (TMSN) just dropped the prototype dApp to give users and developers a sort of “test drive” into the world of TMS Network’s smart contracts and dApps. Reacting to the news, investors have beelined to purchase TMSN tokens, sending its price soaring. Meanwhile, XRP (XRP) and Arbitrum (ARB) are crumbling under selling pressure.
TMS Network (TMSN)
Riding on the massive success of its stage 4 presale, where TMS Network (TMSN) native token has gained 2,600% in value, the platform released its first prototype dApp. The announcement was immediately met with positive response from TMS Network (TMSN) holders. Investors doubled down on their TMS Network (TMSN) token purchases, even as new investors flooded the platform.
TMS Network (TMSN) is the DEX that’s all set to redefine the DeFi and tradFi space. TMS Network (TMSN) allows users to trade both crypto and fiat assets on its platform. In the beginning, TMS Network (TMSN) will support trading of cryptocurrencies, CFDs, equities, and forex on its platform. In time, TMS Network (TMSN) intends to add more assets to the platform.
With advanced features like arbitrage trade signals, social trading, AI trading bots, and so on, TMS Network (TMSN) will enable its users to trade better than their counterparts on other DEXs and equity exchanges.
XRP (XRP)
It’s no secret that XRP (XRP) has been engaged in a hard-fought battle against the U.S. SEC in a lawsuit brought down against it by the latter. The lawsuit has pummeled XRP (XRP) to the ground and kept it there for the better part of the past three years. Now, as the case appears to be headed for its climax, XRP (XRP) is facing a new challenge. Industry analysts are questioning the very basic foundation of the XRP (XRP) platform: its commitment to decentralization.
XRP (XRP) is being blamed for its overreliance on Unique Node Lists (UNLs), which are published by centralized parties. Therefore, transactions on XRP (XRP) are not as trustless or decentralized as the platform has advertised them to be. XRP’s (XRP) team and analysts are engaged in conversations about the platform, so it’s likely that more clarity will emerge from them sooner than later. In any case, XRP (XRP) has once again failed to ride the bullish surge on Friday as the news developed into a story.
Arbitrum (ARB)
Arbitrum is a layer-2 scaling solution for Ethereum (ETH). ARB uses optimistic rollups to bundle thousands of transactions together and execute them simultaneously. This accelerates the speed of transactions while reducing transaction costs. Perhaps, the team behind Arbitrum (ARB) understands that the market is rife with L2 blockchains, so they know they need to offer more to survive. In line with this thought, Arbitrum (ARB) has released Orbit, a layer-3 blockchain that allows developers to create dApps in common programming languages like Rust, C++, etc.
Interestingly, Arbitrum has not gained the traction it hoped for since its launch. A couple of days ago, dormant whale investors purchased millions of dollars’ worth of Arbitrum tokens. This is usually interpreted as a huge vote in favor of an inevitable bull run. However, ARB has slid down in value. Retail investors are steering clear of ARB for now.
Presale: https://presale.tmsnetwork.io/
Website: https://tmsnetwork.io/
Telegram: https://t.me/tmsnetworkio
Twitter: https://twitter.com/tmsnetwork_io
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