1. BITBILIHome
  2. Article

Supernova Surge: TMS Network (TSMN) Burns Aave (AAVE) and Solana (SOL) in Stellar Display

• 50 views

Crypto markets in 2023 continue to perform with volatility. Following a strong start to the year that saw coins across the board make serious gains, investors face tough decisions as external economic factors begin to bite. Aave (AAVE) and Solana (SOL) are two platforms trying to maintain market position. However, both are being eclipsed by the stellar presale performance of TMS Network (TMSN) in recent weeks.

Contents
hide

1
TMS Network (TMSN)

2
Aave (AAVE)

3
Solana (SOL)

4
Conclusion

TMS Network (TMSN)

TMS Network (TMSN) is currently in the third stage of its presale, during which it has become a beacon of innovation and resilience in crypto markets. With a potentially market-leading trading education suite for new investors and traders at the forefront of its wide-ranging tool suite, TMS Network (TMSN) will help a whole new generation of investors make smart, profitable decisions.

For example, TMS Network (TMSN) has a price aggregation tool for investors, providing traders with the optimum buy-in and sell-off price points for all digital asset types before trades are executed. Prices are provided to traders within milliseconds, allowing them to make instantaneous decisions that maximize their profitability. As well as helping traders navigate the notoriously choppy waters of crypto markets, they can enjoy intel on CFD, Forex, traditional share trading, and futures.

TMS Network (TMSN) is being hailed for its all-in-one approach for traders rather than making them use different tools for different assets. This makes managing a diverse portfolio a much more straightforward process than ever before, particularly with access to trading bots and being able to copy successful strategies from trading experts.

Supernova Surge: TMS Network (TSMN) Burns Aave (AAVE) and Solana (SOL) in Stellar DisplaySupernova Surge: TMS Network (TSMN) Burns Aave (AAVE) and Solana (SOL) in Stellar Display

Aave (AAVE)

Aave (AAVE) is symptomatic of the volatility of the crypto market so far in 2023. After making gains in the early weeks of the year, subsequent price losses and stagnation have dogged the coin as it seeks to maintain its position.

A unique decentralized finance (DeFi) platform that, unlike others, cuts out the middleman, Aave (AAVE) allows users to borrow and lend cryptocurrencies, along with real-world assets, without needing an intermediary to facilitate or guarantee the transaction. Aave (AAVE) users earn interest when lending crypto or assets and pay interest when borrowing.

Other benefits open to Aave (AAVE) token holders include discounted transaction fees, full governance rights, and flexibility on interest rates that allow users to choose from fixed or variable borrowing rates. The native Aave (AAVE) token is trading around 90% lower than its all-time high price of more than $660, achieved in May 2021, leaving investors worried that the coin will not regain these heights.

Solana (SOL)

Solana (SOL) was launched in March 2020 to resolve some of the issues developers faced using Ethereum’s layer-1 blockchain network. An open-source DeFi project, Solana (SOL), facilitates the development of decentralized apps (dAPPs) through a hybrid proof-of-history (PoH) and proof-of-stake (PoS) consensus protocol.

Solana (SOL) was seen as a pioneering blockchain project, gaining plenty of followers and high adoption during the early years of its existence. However, many believe that Solana (SOL) still needs to live up to its promise as it comes under significant pressure from other dApp solutions offering similar solutions.

To illustrate, although Solana (SOL) more than doubled in value from the $9.98 it opened in 2023, since hitting the $25 mark, the value of Solana (SOL) has rolled back significantly, now hovering around the $20 mark where it appears to be stagnating.

Supernova Surge: TMS Network (TSMN) Burns Aave (AAVE) and Solana (SOL) in Stellar DisplaySupernova Surge: TMS Network (TSMN) Burns Aave (AAVE) and Solana (SOL) in Stellar Display

Conclusion

With many established coins hitting the buffers in Q2 of 2023 as crypto markets face resistance from economic conditions in the US and globally, investors are turning away in their droves to find exciting, pioneering new projects to put their money into.

TMS Network (TMSN) is a perfect example of this, with its recently launched presale already raising more than $5.6 million in liquidity and driving 1700% gains for its earliest investors. There’s still plenty of money to be made in the 3rd phase of the presale event, with coins currently available at a super-low $0.088.

Presale: https://presale.tmsnetwork.io

Whitepaper: https://tmsnetwork.io/whitepaper.pdf

Website: https://tmsnetwork.io

Telegram: https://t.me/tmsnetworkio

Discord: https://discord.gg/njA95e7au6

Disclaimer. This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Cryptopolitan.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

文章来源于互联网:Supernova Surge: TMS Network (TSMN) Burns Aave (AAVE) and Solana (SOL) in Stellar Display

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年5月21日 09:59
Next 2023年5月21日 11:03

Related articles

  • Controversial Parrot Protocol Proposal Sparks Outcry as Investors Face -89% Returns

    TL;DR Breakdown Parrot Protocol’s proposal to go tokenless has caused an uproar as investors face an -89% return on investment, questioning the project’s performance and management. Concerns arise over the concentration of token ownership within the team and the fate of unclaimed funds, leading to a lack of trust and transparency among the community. Description In a move that has sent shockwaves through the cryptocurrency community, the Parrot Protocol, a Solana-based liquidity network, has submitted a proposal that could have devastating consequences for its investors. The proposal calls for the redemption of its native PRT tokens for liquid treasury value and the transition to a no-token protocol. This decision has … Read more In a move that has sent shockwaves through the cryptocurrency community, the Parrot Protocol, a Solana-based liquidity network, has submitted a proposal that could have devastating consequences for its investors. The proposal calls for the redemption of its native PRT tokens for liquid treasury value and the transition to a no-token protocol. This decision has not been well-received by the community, with many investors expressing concerns about…

    Article 2023年7月23日

  • U.S. sends clear message on China’s ban of Micron chips

    TL;DR Breakdown The U.S. opposes China’s effective ban on Micron Technology’s memory chips, deeming it as economic coercion. U.S. Commerce Secretary Gina Raimondo voiced concerns over China’s actions and reaffirmed the U.S.’s commitment to work with allies on this issue. Raimondo highlighted the $52 billion CHIPS Act, which seeks to strengthen domestic semiconductor production in the country. In the global technology landscape, tensions are rising as the U.S. asserts its disapproval over China’s de facto prohibition on the acquisition of memory chips produced by Micron Technology. The clear message from the United States government is its unequivocal refusal to tolerate what it sees as “economic coercion” aimed at an American corporation. The situation: Micron’s plight and China’s unwelcomed stance On May 21, China’s cyberspace regulator declared that Micron, a leader in the U.S. memory chip manufacturing sector, had not passed its network security review. Consequently, the regulator declared its intention to prevent operators of crucial infrastructure from purchasing from the company. This move, which threatens to curtail Micron’s revenue, provoked a strong response from the government. Commerce Secretary Gina Raimondo…

    Article 2023年5月31日

  • Top China banks slash deposit rates – Will it help though?

    Description In a desperate attempt to buffer their diminishing margins, five of China’s premier banks recently cut deposit rates. This seemingly coordinated effort appears to be a move towards reviving a beleaguered property sector and an economy on the ropes. But as with any drastic action, it begs the question: will this tactic actually provide the … Read more In a desperate attempt to buffer their diminishing margins, five of China’s premier banks recently cut deposit rates. This seemingly coordinated effort appears to be a move towards reviving a beleaguered property sector and an economy on the ropes. But as with any drastic action, it begs the question: will this tactic actually provide the needed spark or will it further dampen China’s economic prospects? The Nitty Gritty of the Rate Cuts for China China’s banking giants – from the renowned Industrial and Commercial Bank of China to the China Construction Bank Corp and Agricultural Bank of China – made a decisive move. These institutions collectively sliced their deposit rates from five to 25 basis points, as revealed by their respective…

    Article 2023年9月1日

  • Japan’s financial agency proposes new crypto tax reform

    TL;DR Breakdown Japan’s Financial Services Agency has proposed a new initiative for crypto tax in the country. Simplifying taxation and encouraging crypto trading. Description Japan’s Financial Services Agency (FSA) is taking the initiative to regulate cryptocurrencies and has proposed significant changes to the country’s tax code related to digital assets. The proposal, submitted on August 31st, outlines several key revisions aimed at fostering a more favorable environment for the promotion of Web3 technology and supporting blockchain-based startups. One of … Read more Japan’s Financial Services Agency (FSA) is taking the initiative to regulate cryptocurrencies and has proposed significant changes to the country’s tax code related to digital assets. The proposal, submitted on August 31st, outlines several key revisions aimed at fostering a more favorable environment for the promotion of Web3 technology and supporting blockchain-based startups. One of the most noteworthy proposals in the 16-page document is the elimination of the year-end “unrealized gains” tax on crypto for domestic firms. Japan’s FSA wants to remove unrealized gains tax Under the current taxation framework in Japan, legal entities are subject to taxes…

    Article 2023年9月6日

  • Elon Musk Cautions Against Crypto Bets: What It Means for Dogecoin and the Market

    TL;DR Breakdown Elon Musk advises against making reckless bets on cryptocurrencies, signaling a shift in tone and raising questions about the future of Dogecoin and the broader crypto market. Musk’s cautionary message prompts a reevaluation of Dogecoin’s sustainability, highlighting the cryptocurrency’s dependency on his influence. In the ever-evolving world of cryptocurrency, Elon Musk’s tweets have become catalysts for both excitement and speculation. The Tesla CEO has shown a fondness for Dogecoin, a meme-inspired digital currency that gained popularity in recent years. However, in a recent tweet, Musk delivered a cautious message to crypto enthusiasts, advising against making reckless bets on digital assets. This statement has sparked conversations and raised questions about the future of Dogecoin and its impact on the broader crypto market. In this article, we delve into Musk’s remarks and explore their potential implications. Elon Musk has undoubtedly become a prominent figure in the crypto space. His tweets about cryptocurrencies often lead to significant price fluctuations, causing both excitement and concern among investors. Musk’s tweets have the power to sway market sentiment and ignite buying or selling frenzies….

    Article 2023年5月25日
TOP