Polkadot (DOT) falls more than 4% in the last 24 hours, Polygon (MATIC) has partnered with Ripio in Latin America to target crypto users, TMS Network (TMSN) raises $500K in stage 1 of presale

Polkadot (DOT) falls more than 4% in the last 24 hours, Polygon (MATIC) has partnered with Ripio in Latin America to target crypto users, TMS Network (TMSN) raises $500K in stage 1 of presale

Like most cryptos post Bitcoin, Polkadot (DOT) is a token that can be traded on exchanges, and is also a decentralized protocol. Polkadot (DOT) allows unrelated blockchains to communicate securely. Polkadot (DOT) is designed to be scalable and fast. Various parallel blockchains are used by Polkadot (DOT) to achieve inter blockchain communication. Polkadot's (DOT) network includes a main blockchain, which is called a relay chain and user-created parallel chains.

The Polygon network is powered by an Ethereum token called Polygon (MATIC). Polygon's (MATIC) aim is to facilitate cheaper and faster transactions using Layer 2 sidechains. Users can use Polygon's (MATIC) smart contract to deposit Ethereum tokens. Various decentralized apps support Polygon (MATIC). To use Polygon's (MATIC) network, one would need a multi-chain wallet to exchange Ethereum assets and monitor balances.

With TMS Network's (TMSN) new platform, traders can now transact without the risk of fraud.  TMS Network (TMSN) also removes the need for intermediaries, thereby increasing transaction times and reducing costs. TMS Network's (TMSN) ICO has been largely successful, with stage 1 ending early. The acquired funds can help develop the platform to provide a user-friendly and secure interface for traders.

Polkadot's (DOT) price and trading volume continue to drop

Polkadot's (DOT) price has continued falling, and is now down to $6.53 per token. This downward trend for Polkadot (DOT) has been continuing since last week, and its trading volume has also decreased. This, however, is in contrast to Polkadot's (DOT) circulating supply that has increased to over 1.21 billion.

Polkadot's (DOT) drop this week is in contrast to its trend in the week before, where it saw a 3% gain. Polkadot (DOT) was trading at $7.31 last week. The current market cap for Polkadot (DOT) is $7.83 billion.

Polygon (MATIC) ties up with Ripio to launch a B2B blockchain

Polygon (MATIC) has tied up with Argentina-based Ripio. Ripio is looking to join the Polygon (MATIC) ecosystem and extend its reach in Latin America. Apart from integrating Ripio's wallet and swap products, Polygon (MATIC) will also help Ripio build its own B2B blockchain.

This is similar to Polygon's (MATIC) partnership with Nubank, a digital banking platform based in Latin America. With Polygon's (MATIC) latest partnerships, it is slowly proving to be a major player in the crypto market. Polygon's (MATIC) current trading price is $1.26, and is hoping to reach their all-time high of $2.92 soon.

TMS Network (TMSN) has sold out its presale tokens earlier than anticipated

The highly anticipated launch of TMS Network's (TMSN) decentralized platform has got traders excited. TMS Network's (TMSN) platform will allow for the trading of multiple digital assets without any intermediaries. TMS Network (TMSN) presale has been very successful, with the project managing to raise $500K in just a couple of weeks.

TMS Network (TMSN) token price has also soared from its initial value of $0.003, and at the time of writing, it was trading at $0.025. TMS Network (TMSN) has sold out its stage 1 of presale, and the future looks bright for this platform.

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