Coinbase, the biggest crypto exchange in the US, is going through an exciting period – they are considering relocating to the UAE. This exciting news may spur investors’ confidence in yet-to-launch coins such as the TMS Network (TMSN); the token is rising fast in value, having raised over $5.6 million during their presale event, shooting past Solana (SOL) and Uniswap (UNI) in momentum.
Why are investors increasingly confident of a bull run in the coming months? Discover why TMS Network (TMSN) is leading Solana (SOL) and Uniswap (UNI) in the race for market value.
Solana (SOL) Reaches New Month High
Solana (SOL) is an open–source protocol providing blockchain-powered solutions to DeFi. The Solana (SOL) protocol aims to decentralize access to DeFi, bringing more people to the crypto world. This is achieved by the integration of Solana’s (SOL) proof-of-history (PoH) consensus with the underlying proof-of-stake (PoS) consensus for verifying transactions.
Solana (SOL) transactions are fast and secure, which attracts individual retail and small-scale traders. This is key for adopting Solana (SOL) as a payment gateway. Although the price of Solana (SOL) peaked at $260.06, it has since fallen by over 91.86% and currently trades at $20.64.
In the last 30 days, Solana (SOL) hit a new month-high price of $35.38 on April 18, backed by strong market activity and increased trading volume across DEXs and CEXs. Although Solana (SOL) maintains a key price support level, analysts believe the coin may take some price dip before stabilizing again.
Uniswap (UNI) Rising DEX Volume
Uniswap (UNI) is the utility token of the Uniswap (UNI) ecosystem where decentralized finance transactions are performed. As a truly automated market maker (AMM) like TMS Network (TMSN), Uniswap (UNI) offers a place where anyone can trade while holding tokens. The price of Uniswap (UNI) holds a key resistance level at around $5.20, but the trading activity increased in the last month.
Data from Coinmarketcap shows that Uniswap’s (UNI) DEX trading volume increased to $957,656, while the CEX volume stands at $34,565,218. The increase in the DEX trading volume of Uniswap (UNI) coincides with an increase in its Market Cap / TVL Ratio of 0.7309.
This indicates investors’ increased confidence in tokens of trading platforms like Uniswap (UNI) that decentralize access to the crypto market, another favorable factor to the rise of TMS Network (TMSN), the first all-in-one trading platform.
TMS Network (TMSN) Trailblazing Its Presale
TMS Network (TMSN) is a new and innovative trading platform that leverages the speed and security of blockchain technology to offer traders a safe, secure, and productive environment where they can trade any instrument and market, including stocks, cryptos, equities, and forex.
TMS Network (TMSN) is the utility token of the TMS Network (TMSN) ecosystem that grants holders governing rights and access to an endless list of benefits. The coin in its presale stage has done over 1700%, and experts predict that its current momentum will sweep past Solana (SOL) and Uniswap (UNI) to hit up to 40x its initial price.
Conclusion
With its skyrocketing value, TMS Network (TMSN) is poised to take the market by storm; its price is trailblazing past other coins at the same stage. As the TMS Network (TMSN) continues its presale, investors can easily buy the token and access other information via these links:
Presale: https://presale.tmsnetwork.io
Whitepaper: https://tmsnetwork.io/whitepaper.pdf
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetworkio
Discord: https://discord.gg/njA95e7au6
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