In a season where many crypto tokens are taking deep hits, the newly-launched token, TMS Network (TMSN), is storming the cryptocurrency market with promises and positives. At its fourth presale stage, it has secured $6 million and is on course to outperform coins like Shiba Inu (SHIB) and ApeCoin (APE). Read on to find out more.
Shiba Inu (SHIB)’s Prospects Are on a Tight Leash
Shiba Inu (SHIB) is an immensely popular meme coin with loyal investors. Shiba Inu (SHIB) famously took advantage of its rival, Dogecoin’s, popularity to become prominent. However, Shiba Inu (SHIB) has experienced a sharp drop since its peak, like many other tokens. Once competing with Dogecoin, SHIB has now been outpaced in market capitalization and user base.
Shiba Inu (SHIB) continues to decline at its current value of $0.000009. Built on the Ethereum Blockchain, SHIB is famed for its cost and inefficiency. While plans were in place to put Shiba Inu’s (SHIB) Layer 2 Shibarium blockchain into motion, the platform’s codebase has been surrounded by controversy.
Furthermore, Shiba Inu (SHIB) has few to no use cases in the real world. Shiba Inu’s (SHIB) tendency to be unstable lowers its appeal to business managers who rely on financial predictability. Additionally, Shiba Inu (SHIB) also has too many coins in circulation. There are 589 trillion Shiba Inu (SHIB) tokens on the market, a figure that prevents its price from rising above decimals.
Notwithstanding, there is an expectation that the recent burning of Shiba Inu (SHIB) tokens will strengthen its price.
ApeCoin’s (APE) Popularity Has Fallen Steeply
ApeCoin (APE) is an ERC-20 token built on the Ethereum blockchain. ApeCoin (APE) was designed to espouse the values of Web 3 and consequently integrates well with projects such as Non-fungible Tokens and the metaverse.
However, ApeCoin’s (APE) fatal flaw is its meme coin origins. Like its contemporaries, ApeCoin (APE) witnessed a flurry of excitement, resulting in price increases and a downward spiral once that was done.
From an all-time high of $26.70 on April 28, 2022, ApeCoin (APE) currently sells for $3.47 at the time of writing. The ApeCoin’s appeal largely stemmed from the popularity of the Bored Ape Yacht Club (BAYC) and the Mutant Ape Yacht Club (MAYC), two media that allowed ApeCoin’s (APE) creators to utilize airdrops in awarding stakes in community governance.
As the glamor of the metaverse fades, however, the ApeCoin (APE) faces a corresponding decline in its reputation. Nevertheless, without some real utility as a cushion, analysts expect that ApeCoin’s (APE) involvement in the Yuga Lab’s metaverse project will aid in its recovery.
TMS Network (TMSN) is a Better Alternative to Memecoins
The TMS Network (TMSN) token is targeted at offering additional flexibility and control to its users, who are traders of every level. TMS Network (TMSN) bypasses the high transaction fees and slow processing common to traditional trading platforms while providing security and openness at the same time.
The TMS Network (TMSN) also puts investors at the forefront of its agenda by ensuring that regardless of their level of expertise, they can access the tools needed to make successful trades.
TMS Network (TMSN) does this through its use of Copy Trader, a system that allows the mirroring of profitable trades, and analytical tools that provide access to the right trade information. Also embedded in TMS Network’s (TMSN) unique offerings is a revenue-sharing arrangement that guarantees profits for traders across all levels. TMS Network (TMSN) is currently priced at $0.093.
Conclusion
The TMS Network (TMSN) native token is a better investment than meme coins for multiple reasons. Most importantly, TMS Network’s (TMSN) dynamic offers and real-life applications ensure it can better weather price shocks and protect stakeholders’ funds.
To find more information on the presale of the TMS Network (TMSN) token, check out the links below:
Discord: https://discord.gg/njA95e7au6
Whitepaper: https://tmsnetwork.io/whitepaper.pdf
Presale: https://presale.tmsnetwork.io
Telegram: https://t.me/tmsnetworkio
Website: https://tmsnetwork.io
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