The post TMS Network (TMSN) Raises Millions Within A Few Weeks; Why Avalanche (AVAX) And Injective (INJ) Whales Are Moving Into It. appeared first on Coinpedia Fintech News
While most cryptocurrencies have suffered a severe fall in recent weeks, three cryptocurrencies that are currently moving in an upward growth trajectory are TMS Network (TMSN), Avalanche (AVAX), and Injective (INJ). However, TMS Network (TMSN) has emerged as the best investment option in the market. It has raised over $5.2 million within the first two stages of its presale phase, which is selling out fast. This article will look into how TMS Network (TMSN) has outgrown Avalanche (AVAX) and Injective (INJ).
Avalanche (AVAX) Gets Cross-chain USDC Transfer Protocol
Avalanche (AVAX) users who held USD Coin on the Ethereum blockchain are rejoicing after the recent announcement by Circle, the creator of USDC. Circle has launched a mainnet protocol that will allow users to transfer USDC between Ethereum and Avalanche (AVAX). Until now, Avalanche (AVAX) users had to deposit their USDC with a Circle partner, or use a third-party bridge to transfer it to another network. The move is expected to increase the trade volume on the Avalanche network, thereby increasing the price of AVAX. The market value of Avalanche (AVAX) has moved downward in the past few days. Subsequently, Avalanche (AVAX) is 8% down on the weekly price chart. Currently, Avalanche (AVAX) is changing hands at $18.12.
Injective (INJ) Forges Strategic Partnership With Tencent Cloud
Rising trade volume and network activity have strongly fueled the growth of Injective (INJ) in the past few months. The price of Injective (INJ) has increased by 120% on the monthly chart. As a result, the current trading price of Injective (INJ) has moved up to $8.71. Injective (INJ) has grown by more than 400% in 2023, and aims to sustain its positive growth rate with strategic partnerships. Recently, Injective (INJ) partnered with the Chinese tech giant, Tencent Cloud, to expand its ecosystem. Injective (INJ) users will now gain access to a wide range of resources and support, which is available on Tencent Cloud. Under this partnership, Tencent Cloud will also support Injective’s (INJ) Global Virtual Hackathon event.
TMS Network (TMSN) Sees Outstanding Success During Presale
TMS Network’s (TMSN) one-of-a-kind blockchain-based platform has disrupted the online trading industry. TMS Network (TMSN) offers an all-in-one solution to traders, and enables them to trade several assets on a single user interface.
TMS Network (TMSN) has incorporated smart contracts to oversee transactions on the platform. These smart contracts keep all intermediaries away from the platform, and make transactions faster and less costly. It assists TMS Network (TMSN) in eliminating grave issues like price manipulation and wash trading. The network has also deployed many other advanced tools, such as trading bots, an advanced strategy builder, and a robust back tester, to make the trades more profitable.
TMS Network’s (TMSN) commission-sharing model has garnered the most attention. The platform registers a big chunk of its revenue through a fee charged on every transaction. This fee is a tiny percentage of the trade amount, and the revenue collected through it is shared among all TMS Network (TMSN) token holders. $TMSN token holders will also receive governance rights on the network, and will be allowed to participate in the decision-making process of the network.
After the culmination of the presale phase, TMS Network will enlist $TMSN tokens on the Uniswap exchange. TMS Network (TMSN) has completed the initial two stages of its presale with an astounding growth rate. The price of a TMSN token has risen to $0.088 from $0.003, a staggering rise of more than 2550% within the initial weeks.
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