Robert Keen
Independent Analyst
The presale of a cryptocurrency is a make-or-break experience for tokens - if a token has what it takes to survive long-term then this will be a period of rapid growth. TMS Network (TMSN) is a token that is currently experiencing exactly this - the first phase of its presale was a roaring success, selling out at a price of $0.025.
Not only will this presale affect the valuation of TMS Network (TMSN), but it is likely to have a domino effect on market sharers such as 1inch Network (1INCH) and Solana (SOL). So, how is this situation going to pan out? Read on to find out!
TMS Network (TMSN)
TMS Network (TMSN) is a decentralized investment platform, set to revolutionize the way that investors invest, learn, and share their knowledge. The unique thing about TMS Network (TMSN) is that it facilitates the trading of crypto, FX, equities, CFDs, and other assets within the same platform, alongside the TMS Network (TMSN) social trading community and educational resources.
Along with low fees, high speeds, and a right to vote on the future of the TMS Network (TMSN) token, investors in TMS Network (TMSN) can access an enormous and unified range of benefits, and this has led the platform to overshadow its competitors. The TMS Network (TMSN) presale is ongoing although it sold out in its first phase, raising $500,000 to increase TMS Network’s (TMSN) secured funding to a total of $2.5 million.
1inch Network (1INCH)
When people think about crypto they usually imagine hyped-up tokens, NFTs, and tweets from Elon Musk, but companies such as 1inch Network (1INCH) do not get involved in this kind of hype. Instead, 1inch Network is a blockchain infrastructure provider that operates more stealthily, working with crypto providers to help maximize their available liquidity.
1inch Network (1INCH) encourages crypto enthusiasts to invest in 1inch Network (1INCH), with this money being used to fund the liquidity of its partners. This is a highly unique yet necessary idea that is very different from the concepts behind platforms such as TMS Network (TMSN). Therefore, 2023 should see a rise in valuation for 1inch Network (1INCH), although its niche nature means it is unlikely to experience hype anywhere near as big as TMS Network (TMSN).
Solana (SOL)
Solana (SOL) has established itself as a household name in the crypto world, initially gaining great hype due to its unique PoH (Proof of History) protocol. The PoH protocol of Solana (SOL) uses similar technology to PoS (Proof of Stake) protocols - however, Solana’s (SOL) PoH protocol differs from PoS because of PoH’s ability to verify transactions in real-time, making Solana an extremely fast, efficient, and cost-effective token.
So, how will TMSN Network’s (TMSN) sell-out presale phase affect the trading price of Solana (SOL)? Well, if Solana (SOL) is supported in the future by the TMS Network (TMSN) platform then it’s likely that Solana (SOL) will see great gains. However, this is not currently the case, and whilst Solana (SOL) is set to be stable or even bullish in 2023, there is no reason why the success of TMS Network (TMSN) will have a major effect on its value for now.
Final thoughts
Overall, TMS Network’s (TMSN) phase-one presale sell-out has set huge sentiment for the token in 2023. TMS Network (TMSN) is very different from 1inch Network (1INCH) and Solana (SOL), so it’s unlikely to have a huge impact on these tokens. However, the hype of TMS Network (TMSN) still has the potential to overshadow the interest in 1inch Network (1INCH) and Solana (SOL).
Don’t wait around for the perfect moment to invest - with the first phase already over, TMS Network’s (TMSN) presale won’t last much longer. Crypto enthusiasts are also beginning to learn of the massive funding seed that TMS Network (TMSN) has acquired, so the token is set to blow up soon - don’t miss out!
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