TMS Network (TMSN) is the newest DEX in the market. In a market riddled with problems caused by the opaqueness of CEXs, a DEX has received a thumping welcome. But, TMS Network (TMSN) is no ordinary DEX. Its distinct USPs separate it from its competitors and have set it on a vertical growth trajectory that has put the likes of XRP (XRP) and Litecoin (LTC) to shame.
TMS Network (TMSN) is a multi-asset DEX that hosts diverse assets for users to trade. The asset classes on TMS Network (TMSN) include CFDs, cryptocurrencies, forex, and stocks. Such diverse asset classes have attracted both traditional traders and crypto traders to the TMS Network (TMSN). In this way, the DEX is creating a vibrant link between traditional financial and crypto markets. And investors are taking note of its potential.
It's the investor interest that has helped TMS Network (TMSN) grow so quickly. It had set a hard cap for funding at $12 million. In a short span, the platform has already secured funding of more than $6 million. The price of TMS Network (TMSN) has grown by more than 300% from the stage 1 presale to the ongoing stage 4 presale. Crypto experts believe that the strong use case of TMS Network (TMSN), combined with a conducive market sentiment, will help the platform grow by another 4,000% after its launch. The expected returns from TMS Network (TMSN) have helped the platform gain more traction and momentum in the market.
XRP (XRP) has failed to perform as well as Ethereum (ETH) or Bitcoin (BTC), which have shown double-digit growth in the past few days. XRP (XRP) has seen an inflow of capital from institutional investors lately. At the same time, XRP (XRP) has also seen significant outflows.
It is important to know that the interest of the institutional investors is contingent on the outcome of the lawsuit XRP (XRP) is fighting against the US Securities & Exchange Commission (SEC). The SEC lawsuit has marred the growth of XRP (XRP) for a long time now. Ripple has been accused of selling XRP (XRP) as a security in the crypto market, which is illegal. The legal battle seems to be endless at this point.
The interest of retail investors in XRP (XRP) has already been waning. XRP (XRP) has not been able to show profits, which has pushed retail investors to other high-return assets like TMS Network (TMSN). So, institutional investor interest may be its only savior.
XRP (XRP) has been trading near its lower support levels, falling to $0.48. There is no perceivable reason for investors to invest in XRP (XRP) right now. It is under bearish pressure and may fall even further.
Litecoin (LTC) has been in a lull lately. It has made multiple attempts to breach the psychological barrier since the beginning of the year and has failed every time. In fact, the price of Litecoin (LTC) has stayed close to its support levels and has barely managed to stay above $85.
The even more worrying part is that the number of new on-chain Litecoin (LTC) users has increased by around 50%, but even such a positive development did not create an uptick in its price.
The price of Litecoin (LTC) has not shown any positive movement for a week now. So, Litecoin (LTC) does not look attractive for investors who are in the crypto market to grow. Unlike TMS Network (TMSN), which has grown in triple digits, the value of Litecoin (LTC) has deteriorated.
Presale: https://presale.tmsnetwork.io/
Website: https://tmsnetwork.io/
Telegram: https://t.me/tmsnetworkio
Twitter: https://twitter.com/tmsnetwork_io
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