There’s plenty of growth to be seen in the crypto market, even if some projects are struggling. Aave (AAVE) and Filecoin (FIL) know their target investor but continue struggling to hit a new stride.
TMS Network (TMSN) is experiencing the complete opposite during phase four of its presale event, as the project has currently raised $6 million so far.
With a core aim as a DeFi protocol for borrowing and lending cryptocurrency, Aave (AAVE) offers a unique use case. Many people appreciate Aave (AAVE) as you can deposit digital assets into liquidity pools and earn interest over time. Although Aave (AAVE) was originally called ETHLend, its rebrand in 2018 garnered much more investor interest.
Borrowers and lenders can experience different benefits from Aave’s (AAVE) ecosystem. If you’re looking to borrow, Aave (AAVE) lets you use your cryptocurrency as collateral to take out flash loans. You’ll also find that Aave (AAVE) supports lending and borrowing roughly twenty different cryptocurrencies.
However, Aave (AAVE) isn’t necessarily cheap, as it’s currently available for $63.13. This is much lower than Aave’s (AAVE) peak, and it doesn’t seem like Aave (AAVE) will see a significant recovery.
TMS Network (TMSN)
It isn’t hard to see the benefits TMS Network (TMSN) provides by briefly glancing at what the platform has to offer. TMS Network (TMSN) is a trading platform, unlike the common exchange. Many aspects make TMS Network (TMSN) stand out, such as on-chain analytics, portfolio management tools, and trading bots.
Investors can also trade within multiple markets with TMS Network (TMSN), from cryptocurrency, Forex, CFDs, and global equities. TMS Network (TMSN) also aims to mitigate certain market issues like high fees, wash trading, price manipulation, and a general lack of education.
Traders have been heavily invested in TMS Network’s (TMSN) presale event, and TMS Network’s (TMSN) success speaks for itself. On top of TMS Network’s (TMSN) platform benefits, token holders will gain access to an entirely different set of incentives.
TMS Network (TMSN) offers token holders voting rights on governance decisions, commission revenue sharing, and access to various premium services. The vast number of features that TMS Network (TMSN) provides has caught the attention of many industry analysts. Crypto experts are confident TMS Network (TMSN) will reach $1 to $2 after the presale. This isn’t hard to imagine, as TMS Network (TMSN) currently sits at $0.093.
Filecoin (FIL) is an incentive layer for the Interplanetary File System (IPFS), a unique decentralized storage system for important information and digital assets. To handle commitments and transactions, Filecoin (FIL) utilizes its native currency and a blockchain. The community also handles all aspects of Filecoin’s (FIL) governance.
Filecoin’s (FIL) primary focus is handling issues related to inefficiencies in storing and retrieving files. Users are supported to be custodians of their own data with Filecoin (FIL), and it can protect accessibility and integrity thanks to decentralization.
Those involved with Filecoin’s (FIL) ecosystem include storage miners, retrieval miners, and clients. Each has a role to play in Filecoin’s (FIL) ecosystem, and it offers decentralized protection, lower storage costs, and a sizable and dedicated community. Although Filecoin (FIL) provides a necessary service, it isn’t the best investment opportunity. Filecoin (FIL) is currently available at $4.38 and has stagnated for over a year.
The Bottom Line
There’s a future for Filecoin (FIL) and Aave (AAVE), but they don’t match up to the growth potential of TMS Network (TMSN). Traders have been heavily invested in TMS Network’s (TMSN) presale event, and it’s already starting to pay off for many of them.