Solana (SOL) and Avalanche (AVAX) Slide. Newcomer TMS Network (TMS) Strong in Presale
Notable cryptocurrencies, Solana (SOL) and Avalanche (AVAX) have experienced a significant slide in value, causing concern among investors. However, amidst this uncertainty, newcomer TMS Network (TMSN) is making waves with remarkable demand in its early presale.
TMS Network (TMSN) was built to facilitate a secure, scalable, and fast trading experience for users. Its emergence has been a hot topic set to disrupt trading and investment trajectory. Read on to learn more about Solana (SOL) and Avalanche (AVAX)'s fall, as well as TMS Network (TMSN)'s success.
Solana (SOL) and Avalanche (AVAX) Slide
2022 was a trying time for notable altcoins like Solana (SOL) and Avalanche (AVAX). While these duos remain one of the most innovative blockchain projects, the recent dip continues to negatively impact their value. Despite making waves at their peak, embattled Solana (SOL) and Avalanche (AVAX) continue to slide down the slope. This presents a unique opportunity for smart investors to jump in on the action and buy these coins at a discounted price.
Solana (SOL) and Avalanche (AVAX)'s ingenious solution to providing scalability makes it a top choice for many people. Both quickly gained popularity among investors due to their unique approach to solving the blockchain trilemma. They both use the Proof of Stake consensus algorithm with Avalanche (AVAX), blending the Byzantine Fault Protocol into it. This has made both excellent options for developers and traders looking for low-cost, high-speed, and high-performing chains.
At the peak of the dip, Avalanche (AVAX) also endured the hardship of the crypto winter. Despite its promising features, Avalanche (AVAX) had to bow to bear pressure as its value plummeted by 93% after the FTX debacle, sliding from $146 to $10.9 December lows. Currently, Avalanche (AVAX) is trading at $19.44, with 86% of its value still in the red.
On the other hand, Solana (SOL) lost up to 97% of its value, while Avalanche (AVAX) lost up to 93% in the aftermath of the FTX collapse. Despite this dip, Solana (SOL) remains one of the top-performing tokens, with a Year-To-Date gain of 138%. However, investors are still determining whether Solana (SOL) and Avalanche (AVAX) have fully recovered from the FTX shock.
TMS Network (TMSN) Rise in Presale & Skyrockets by 1500%
While the fallout of 2022's bear market continues to affect Solana (SOL) and Avalanche (AVAX) prices, it has opened the door for newer projects with tremendous upside potential to emerge. TMS Network (TMSN) is one such project recently making waves in the crypto space. The platform houses an Ethereum-based decentralized exchange that is experiencing an impressive rise in its presale, soaring by 1500%.
So what makes the platform so attractive to investors and traders? Firstly, TMS Network (TMSN) is a decentralized exchange, making it a haven from the sloppiness of traditional exchanges. It enhances transparency as users enjoy cheaper, faster, and more scalable operations. It also boasts an intuitive and user-friendly interface accessible to beginners and experienced traders.
TMS Network offers several investment assets, including CFDs, Cryptocurrencies, Forex, and stocks. Hence, users can quickly diversify their portfolio with a single click. Making trading easier, seamless, and better is TMS Network (TMSN)'s primary goal. It aims to achieve this by providing industry-standard tools, bots, and software for analyzing prices, automated trading, backtesting strategies, aggregating prices, and so on.
The importance of the TMS Network (TMSN)'s presale has not gone unnoticed, with the project already catching the attention of leading DeFi investors and influencers. New traders are flocking to its presale for its expert-led crypto trading educational program. Therefore, it is unsurprising to see why the TMS Network (TMSN) token exceeds everyone's expectations.
TMS Network (TMSN) should be on your radar if you're looking for a promising DeFi project to invest in. TMS Network (TMSN) token is trading at $0.0047. With its impressive rise in presale and its commitment to delivering a top-notch trading experience, TMS Network (TMSN) is poised to significantly impact the DeFi space.
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetwork
Twitter: https://twitter.com/tmsnetworkio