Some cryptocurrencies like Arbitrum (ARB) and Polygon (MATIC) are still reeling from the after-effects of the market slump. Fortunately, TMS Network (TMSN) is going against the tide, and has a significant price rise during the presale.
TMS Network (TMSN) is the first decentralized platform to trade all derivatives without using fiat currency. The state-of-the-art trading platform doesnt require KYC, and doesnt route users orders through TMS Networks (TMSN) trading desk. Transactions on TMS Network (TMSN) are fast, instant, and secure. Users also benefit from the low transaction fee on TMS Network (TMSN). However, the most appealing feature of TMS Network (TMSN) is its commission revenue-sharing model. Here, TMS Network (TMSN) token holders earn a commission from the trading volume on the platform. This additional passive income adds to TMS Network (TMSN) token holders profits. The price of TMS Network (TMSN) has increased from $0.085 to $0.088 recently, and is expected to shoot up again in the coming days. TMS Network (TMSN) has raised $5.63 million during the presale. Investors who buy TMS Networks (TMSN) tokens before the presale ends can get a 50% deposit bonus (limited period offer).
The number of NFT buyers has increased on Polygon (MATIC) due to many collections migrating to the platform. In fact, there has been a 27% increase in Polygon (MATIC) NFT buyers in the last 30 days. Simultaneously, the government of Karnataka, India, has publicly implemented a blockchain network through Polygon (MATIC). LegitDoc by Polygon (MATIC) is a blockchain-based certification platform that will be used by KSDC, a body under Karnatakas Skill Development, Entrepreneurship, and Livelihood Department. This system by Polygon (MATIC) ensures that the certificates given by the establishment will be tamper-proof and authentic. The process is automated to save time and resources. The pilot phase was successful as KSDC granted 180 certificates using Polygons (MATIC) LegitDoc. Despite such positive developments, Polygon (MATIC) token is going downhill. The token lost 14.26% in the last seven days. Polygon (MATIC) is priced at $0.8481 at press time, and is expected to go bearish.
Just when users thought Arbitrum (ARB) was recovering through the two-week gains, the tokens price began to go down once again. Arbitrums (ARB) monthly loss is less than 5%, but the loss for the last week is 15.77% at press time. Furthermore, Arbitrums (ARB) daily active user count fell by 17% in 24 hours. This is not encouraging for the users and developers of Arbitrum (ARB). However, Arbitrum (ARB) posted a Twitter announcement to cheer up the community, and attract more investors. Arbitrum (ARB) outlined a new DAO revenue mechanism where the token holders will earn rewards for the surplus fees accumulated by the platform. This is similar to the revenue commission model by TMS Network (TMSN). According to the post, Arbitrum (ARB) will distribute 3352 ETH worth over $6 million to its DAO members. Nevertheless, the market sentiment for Arbitrum (ARB) is currently negative, as users expect greater losses. We have to wait and see if Arbitrum (ARB) can regain market confidence.
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/TMSNetworkIO
Twitter: https://twitter.com/tmsnetwork_io
Read more from the original source:
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