Throughout the month of February, Stacks (STX) and Polygon (MATIC) have been among the best-performing cryptos. The two cryptocoins have risen 155.74% and 35.46% in the last 30 days. In the coming month of March, market analysts predict that Stacks and Polygon will soar even further. The TMS Network (TMSN), a new market entrant, is also expected to see significant price gains in March. This makes Stacks, Polygon, and TMS Network (TMSN) the ideal ingredients for a green portfolio in March 2023. Let's look at each of these coins individually.
Stacks is a layer-2 protocol built to scale the Bitcoin network. Stacks adds smart-contract functionality to Bitcoin, which fuels decentralized finance (DeFi) activity on the blockchain.
Stacks' stellar performance has been aided significantly by the growing popularity of Bitcoin-based NFTs. Bitcoin NFT projects like Ordinals have significantly increased Stack's network activity and price as investors rush to capitalize on the latest market trend. Because of the renewed interest, Stacks has risen 112% in the last week to reclaim its billion-dollar market capitalization status.
At the time of writing, Stacks (STX) was trading at $0.737 per token. The bullish trend of the coin is set to continue in March, with the closest significant resistance level at around $1. If this level is breached, Stacks (STX) could rise to $1.90, a key long-term price level.
Polygon is another layer-2 scaling solution, but for the Ethereum network. During the 2022 market downturn, Polygon had one of the best price performances. The network was also at the forefront of ecosystem development. Polygon is a popular choice for web.2 companies looking to join the web.3 trend. Starbucks and Meta's Instagram are two notable mentions. Aside from securing partnerships, Polygon has been working on major network upgrades, with the launch of the upcoming zkEVM mainnet on March 27 being one of the most anticipated.
The long-awaited zkEVM upgrade aims to scale Polygon through fast and cheap transactions. This will be a huge bullish catalyst for Polygon in March. According to CoinCodex's price forecast, MATIC, currently valued at $ 1.37, will increase by 6.3% over the next month to reach $ 1.46.
The TMS Network (TMSN) is another cryptocurrency set to benefit from strong fundamentals in March. Despite only launching its presale campaign on February 15, TMS Network has seen a lot of investors flock to its presale. The TMS Network (TMSN) unique, disruptive functionality is a key selling point. The new market entrant intends to transform trading as we know it.
TMS Network (TMSN) is a DeFi-focused trading platform that allows users to trade any derivative using cryptocurrency payments. TMS Network (TMSN) is built on Ethereum, uses the layer-1 network's security to address the most pressing issues plaguing the trading space. As a decentralized platform, TMS Network (TMSN) eliminates price manipulation and slow transactions in the trading process. Users can benefit from increased security, privacy, and faster access while trading their various assets, including crypto, equities, FX, and CFDs.
The platform also goes above and beyond to address the issue of inadequate trading education among traders. They provide lessons ranging from the fundamentals of trading to the most advanced levels.
Furthermore, by holding $TMSN, the native token of TMS Network (TMSN), traders can earn a commission on trading volumes generated by other traders on the platform. The commission grows in tandem with the ecosystem's usage.
TMS Network's presale campaign will be held in four rounds, culminating on June 15, after which the network will go live, capturing the attention of the broader crypto market. As interest in the platform grows throughout the presale, the cost of TMSN tokens will rise. The current price is $0.012, up from $0.0047 just a few days ago. Become an investor today to take advantage of this low price before it rises again. The earlier you are, the higher your returns at the end of the presale period.
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetwork
Twitter: https://twitter.com/tmsnetworkio
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be risky, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.