The crypto world is full of opportunities for investors. But to gain the maximum benefit out of it, selecting a good investment option is crucial. This article will help you comprehend why TMS Network (TMSN) is recognized as bullish when compared to Filecoin (FIL) and Storj (STORJ).
Filecoin (FIL) Recovers From The Fall of 2022
In 2022, Filecoin (FIL) had nosedived severely, causing its holders to worry. But 2023 has been proving to be a comeback year for Filecoin (FIL). The market capitalization and price of Filecoin (FIL) have surged since the beginning of this year. According to experts, Filecoin’s (FIL) recent rise can be credited to its latest expansionary measures, including the upcoming launch of the Filecoin Virtual Machine. Investors are also bullish on Filecoin’s (FIL) future. Subsequently, the price of Filecoin (FIL) has risen exponentially in the last few weeks. Filecoin (FIL) has risen 76% in the last week. At present, Filecoin (FIL) trades at $8.40.
Storj (STORJ) Encashes Growing Demand For Cloud Storage
There has been an increase in the demand for blockchain-based cloud storage projects, including Storj (STORJ), due to the explosion of many new cryptocurrencies. This has caused a steep rise in the market value of Storj (STORJ). The market capitalization of Storj (STORJ) has also witnessed a significant rise in the past few weeks. The price of Storj (STORJ) has increased by 32% in the last seven days. On the monthly chart, Storj (STORJ) has risen by 46%. However, Storj (STORJ) needs to maintain its growth run to touch the all-time high of $3.91, which it registered in May 2021. Currently, Storj (STORJ) is being traded at $0.49, which is 87.42% below its peak.
Bulls Push TMS Network (TMSN) Towards the Sky
TMS Network (TMSN) offers a social trading infrastructure to crypto traders. It is a collaboration between veteran traders and investors of derivatives and cryptos. It aims to disrupt conventional trading practices, and has set up a first-of-its-kind blockchain protocol that paves a growth-bound path for people to trade in a range of digital assets.
Experts opine that TMS Network’s (TMSN) uniqueness, value proposition, and market viability can push its presale round towards tremendous success. The presale phase of TMS Network will supply the platform’s native token, TMSN. The presale value of TMSN tokens has already soared from $0.003 to $0.0055. TMSN holders will also be incentivized from the commission revenue model of the platform. This revenue-sharing model will allowTMS Network (TMSN) to distribute its earnings from transaction fees among all TMSN holders. It has already raised $2 million in a private seed sale.
TMS Network (TMSN) deals with many digital assets, including cryptos, CFDs, Forex, and stocks. This maintains sufficient liquidity on TMS Network (TMSN), enabling traders to execute trades instantly. TMS Network (TMSN) also permits instant withdrawals and deposits of digital assets with a single user interface.
TMS Network (TMSN) has been powered by blockchain technology, and ensures security and transparency in transactions. The platform has deployed smart contracts to oversee all trades on its network. All activities on TMS Network (TMSN) get automatically recorded on a decentralized public ledger. Additionally, there are no middlemen on the network. So, traders can transact in various digital assets on TMS Network (TMSN) at lower costs. Besides, scalability is a prominent characteristic of TMS Network (TMSN). The platform can seamlessly supervise a surge in the number of transactions while maintaining its fast speed. Nonetheless, TMS Network (TMSN) encourages people to conduct their own research using its educational resources, such as market analysis and trading signals.
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