Cryptocurrency

The Push Toward Decentralized Finance (DeFi): Could TMS Network (TMSN), Aave (AAVE), and Axie Infinity (AXS) Help Investors Reach New Highs?

TMS Network (TMSN)

Decentralised Finance, or ‘DeFi’ as it is more commonly referred to, describes the use of new and emerging technologies to cut third parties and institutions, such as banks, out of the process of financial transactions. It consists of cryptocurrencies, including stablecoins, as well as software and hardware, all together in one system. It is a system which is constantly developing, evolving and changing. ‘DeFi’ attracts more investors every day, looking to make big returns. Could TMS Network (TMSN), Aave (AAVE), and Axie Infinity (AXS) help investors make those healthy profits?

Aave (AAVE)

Stablecoins are becoming increasingly popular in the DeFi system. Aave (AAVE) has a native stablecoin, called GHO, which runs on the Ethereum network. Aave (AAVE) started on the development of their GHO stablecoin back in August 2022 but has yet to announce when it will launch on the mainnet. Aave (AAVE) is ranked at 45th biggest cryptocurrency in terms of market capitalization but the Aave (AAVE) price has been under some pressure lately. In the last week of February, the price of Aave (AAVE) fell 7% and the price of Aave (AAVE) is $83, way below its all-time high of $661. 

Axie Infinity (AXS)

Axie Infinity (AXS) is a play-to-earn game and one of the outstanding performers of 2021. Axie Infinity (AXS) is probably the only play-to-earn game where users can actually rent out their monsters to earn passive income. Axie Infinity (AXS) was hit badly by the market crash of 2022 resulting in a dramatic fall in the number of players. However, since then, the players have been gradually returning to Axie Infinity (AXS) and the price of Axie Infinity (AXS) has risen from $6.05 to just over $10. Axie Infinity (AXS) still has a long way to go to recapture its glory days but returning players, even some, is still great news for them.

TMS Network (TMSN)

TMS Network (TMSN) is part of the development and evolution of DeFi. In fact, TMS Network (TMSN) probably represents the next stage in that evolution.

TMS Network (TMSN) is a decentralized, blockchain-based trading exchange but, unlike every other cryptocurrency trading platform, on TMS Network (TMSN) traders can deal in fiat currencies, equities and CFDs as well as cryptocurrency. But that’s not all. TMS Network (TMSN) was designed by traders for traders and, as such, fair and equitable trading is at the heart of their mission.

TSM Network (TMSN) has created algorithms that remove the anti-trade shady practices that dog so many other platforms and their STP (straight-through purchasing) protocols mean that no third-parties stand in the way of a trader and his or her trades. At TMSN Network (TMSN), traders are 100% in control of their own trading and their own assets.

TMSN Network (TMSN) is currently in phase 1 of their presale and they’ve already got the experts excited. Those experts are predicting that the price of TMSN will rise by a factor of 100 by the time the presale ends.

Conclusion

DeFi is a new world but it is really still in its infancy. Nobody knows how it will develop in the future. That said, coins like Aave (AAVE) and Axie Infinity (AXS) represent the present of DeFi, while TMS Network (TMSN), with its enormous real-world utility, represents the future. 

Presale: https://presale.tmsnetwork.io

Website: https://tmsnetwork.io

Twitter: https://twitter.com/tmsnetworkio

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