The crypto space housed thousands of coin projects and tokens, of which only a few thrived. Out of the few is a unique and rising star TMS Network (TMSN), which has shown a daunting and ruthless surge beyond its peers like Aave (AAVE) and (Filecoin (FIL).
TMS Network (TMSN) is a dynamic decentralized trading platform that aims to change the traditional trading landscape with advanced technology. This article digs deeper into why investors are flocking to TMS Network (TMSN) and how its 3,900% rise in its 4th stage of presale sent a shockwave to Aave (AAVE) and Filecoin (FIL).
Aave (AAVE)
Aave (AAVE) is an Ethereum-based platform with a non-custodial liquidity protocol. This protocol allows investors or users to lend their assets in exchange for passive interest and also a chance to borrow funds with collaterals and interests.
Recently, Aave (AAVE) hit a roadblock after Curve’s founder (Michael Egorov) deposited over 33% of CRV tokens into the Aave (AAVE) V2 market, potentiating risks for both the Aave (AAVE) and Curve protocol. Michael Egorov had decided to hedge the price of the CRV coin
However, this investment into the Aave (AAVE) protocol resulted in a substantial fall of about 11% within 24 hours, sparking criticism among both communities. Consequently, Aave (AAVE) experienced a decline from $64 to $49 within ten days.
Filecoin (FIL)
Filecoin (FIL) is a decentralized cloud storage network that allows users to rent out spare storage space on their computers or buy extra storage for data. Filecoin (FIL) was created in July 2014 and launched in 2020 by Juan Benet. Being a decentralized platform, it allows anyone to join this network, promoting vast data storage availability.
Recently, Filecoin (FIL) celebrated 100 days after the launch of the Filecoin (FIL) Virtual Machine (FVM) aimed to facilitate and automate the onboarding and management of datasets onto Filecoin (FIL)’s vast decentralized storage vault network. This includes smart contracts, Dapps, and organizations’ access to suitable storage providers. Despite the FVM launch, the Filecoin (FIL) token is presently suffering the most drastic fall ever.
Currently, Filecoin (FIL) is trading at $3.99, a further depreciation from the all-time high of $8.4 experienced earlier this year.
How TMS Network (TMSN) Displaces Aave (AAVE) and Filecoin (FIL)
As Aave (AAVE) and Filecoin (FIL) face despair with bearish pressure and criticism, TMS Network (TMSN) was praised for its mind-blowing approach to asset trading. TMS Network (TMSN) is a decentralized platform redefining the traditional trading landscape by ensuring faster, safer, and, most importantly, profitable trading.
Perhaps the most alluring part of TMS Network (TMSN) is its vibrant and stable economy powered by the TMS Network (TMSN) token.
Fun fact: TMS Network (TMSN) is among the first and most advanced DEX that rewards users for trading with its revenue-sharing program.
TMS Network (TMSN)’s focus on user security is commendable. While Aave (AAVE) and Filecoin (FIL) shudder at regulatory scrutiny, TMS Network (TMSN) stands tall with its regulatory-compliant security system and features. It also fosters transparency, making it a trustworthy investment.
Unlike the Filecoin (FIL) token, known for its slow transactions in accessing multiple servers to bring data together, TMS Network (TMSN) offers lightning-speed processing. In addition, TMS Network (TMSN) features an STP engine, ensuring swift transactions, high throughput, efficiency, and low fee. All these have increased the general appeal of TMS Network (TMSN), which is trading at $0.12 with a 3900% increase.
Join the presale or catch up with the team through its socials:
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
