However, there are over 24,000 projects in the Web3 space for investors and traders to pick from, and not all of them have performed equally. For example, Cardano (ADA) and Solana (SOL) are two notable projects that have recently decreased in value.
As a result, investors have turned their attention to presale-stage projects, and one of the most notable projects has been TMS Network (TMSN).
Cardano (ADA)
The Cardano (ADA) blockchain is open-source and based on the Proof-of-Stake (PoS) consensus model. It supports smart contracts and is maintained by the Cardano Foundation, IOHK, and Emurgo.
The Cardano (ADA) Foundation welcomed the Swiss Fintech platform Arcedius, which will deploy smart contracts on top of the ecosystem and support growth opportunities for Small and medium-sized enterprises (SMEs). As for the value of the Cardano (ADA) cryptocurrency, it has been on a decline.
On May 20, 2023, Cardano (ADA) traded at $0.365459. In the last 30 days, Cardano (ADA) decreased in value by 9%, and in the last 24 hours alone, the Cardano (ADA) cryptocurrency saw a decrease of 1.4%. Based on this, it is clear why Cardano (ADA) is beginning to diversify.
Solana (SOL)
The Solana (SOL) blockchain is known for its high throughput and a large ecosystem of decentralized applications (dApps) that fill a role in the sphere of Decentralized Finance (DeFi).
Light Protocol announced on May 19, 2023, that they launched Light v3, the first zkLayer that enables private program execution directly on top of the Solana (SOL) blockchain.
Based on this, it is clear that the Solana (SOL) ecosystem and network are growing. The same cannot be said about the value of the Solana (SOL) cryptocurrency. On May 20, 2023, Solana (SOL) traded at $20.24. In the last 30 days, Solana (SOL) decreased in value by 9.1%. In the last seven days alone, Solana (SOL) dipped by an additional 3.1%, worrying investors who are now diversifying.
TMS Network (TMSN)
TMS Network (TMSN) is a decentralized trading platform built on Ethereum that will enable users to trade all derivatives through cryptocurrency payments.
Powered by the native TMS Network (TMSN) utility token, users can get commissions based on the total volume generated across the platform. On top of TMS Network (TMSN), users can trade any asset class, including stocks, forex, futures, CFDs, and much more, alongside cryptocurrencies. Users can connect to the platform with a cryptocurrency wallet and will not need to make an account or deposit FIAT currencies.
For those inexperienced in trading, the TMS Network (TMSN) platform will allow them to copy the best traders and profit from their trading decisions. More advanced traders can integrate MT4 and MT5 to take advantage of expert advisors and trading robots on top of the TMS Network (TMSN) platform.
During its Stage 4 presale, the TMS Network (TMSN) cryptocurrency trades at just $0.093. Analysts predict that TMS Network (TMSN) can jump in value to $2 by the end of the year, making it a solid investment opportunity.
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetwork
Twitter: https://twitter.com/tmsnetworkio