Crypto markets in 2023 continue to perform with volatility. Following a strong start to the year that saw coins across the board make serious gains, investors face tough decisions as external economic factors begin to bite. Aave (AAVE) and Solana (SOL) are two platforms trying to maintain market position. However, both are being eclipsed by the stellar presale performance of TMS Network (TMSN) in recent weeks.
TMS Network (TMSN)
TMS Network (TMSN) is currently in the third stage of its presale, during which it has become a beacon of innovation and resilience in crypto markets. With a potentially market-leading trading education suite for new investors and traders at the forefront of its wide-ranging tool suite, TMS Network (TMSN) will help a whole new generation of investors make smart, profitable decisions.
For example, TMS Network (TMSN) has a price aggregation tool for investors, providing traders with the optimum buy-in and sell-off price points for all digital asset types before trades are executed. Prices are provided to traders within milliseconds, allowing them to make instantaneous decisions that maximize their profitability. As well as helping traders navigate the notoriously choppy waters of crypto markets, they can enjoy intel on CFD, Forex, traditional share trading, and futures.
TMS Network (TMSN) is being hailed for its all-in-one approach for traders rather than making them use different tools for different assets. This makes managing a diverse portfolio a much more straightforward process than ever before, particularly with access to trading bots and being able to copy successful strategies from trading experts.
Aave (AAVE)
Aave (AAVE) is symptomatic of the volatility of the crypto market so far in 2023. After making gains in the early weeks of the year, subsequent price losses and stagnation have dogged the coin as it seeks to maintain its position.
A unique decentralized finance (DeFi) platform that, unlike others, cuts out the middleman, Aave (AAVE) allows users to borrow and lend cryptocurrencies, along with real-world assets, without needing an intermediary to facilitate or guarantee the transaction. Aave (AAVE) users earn interest when lending crypto or assets and pay interest when borrowing.
Other benefits open to Aave (AAVE) token holders include discounted transaction fees, full governance rights, and flexibility on interest rates that allow users to choose from fixed or variable borrowing rates. The native Aave (AAVE) token is trading around 90% lower than its all-time high price of more than $660, achieved in May 2021, leaving investors worried that the coin will not regain these heights.
Solana (SOL)
Solana (SOL) was launched in March 2020 to resolve some of the issues developers faced using Ethereum’s layer-1 blockchain network. An open-source DeFi project, Solana (SOL), facilitates the development of decentralized apps (dAPPs) through a hybrid proof-of-history (PoH) and proof-of-stake (PoS) consensus protocol.
Solana (SOL) was seen as a pioneering blockchain project, gaining plenty of followers and high adoption during the early years of its existence. However, many believe that Solana (SOL) still needs to live up to its promise as it comes under significant pressure from other dApp solutions offering similar solutions.
To illustrate, although Solana (SOL) more than doubled in value from the $9.98 it opened in 2023, since hitting the $25 mark, the value of Solana (SOL) has rolled back significantly, now hovering around the $20 mark where it appears to be stagnating.
Conclusion
With many established coins hitting the buffers in Q2 of 2023 as crypto markets face resistance from economic conditions in the US and globally, investors are turning away in their droves to find exciting, pioneering new projects to put their money into.
TMS Network (TMSN) is a perfect example of this, with its recently launched presale already raising more than $5.6 million in liquidity and driving 1700% gains for its earliest investors. There’s still plenty of money to be made in the 3rd phase of the presale event, with coins currently available at a super-low $0.088.
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
