The crypto market has seen a new dawn with the recent surge in price since 2023 started. However, despite the bullish sentiments and growing developments, Aptos (APT) and Stacks (STX) have fallen far behind investors’ expectations. In contrast, TMS Network (TMSN) has been gaining ground as the future of decentralized trading. Its ongoing presale has attracted several investors rushing to shoot up its demand. Read on to learn.
Aptos (APT) Fall 5.3% to Bear Pressure
Aptos (APT)’ excellent price movement in the wake of the bull surge earlier this year pushed its price above previous resistance ATH – creating a new all-time high value at $19.9. However, market uncertainties and growing negative macroeconomic conditions continue to push Aptos (APT)’ price lower. Aptos (APT) is currently trading at $12.9 after facing multiple rejections below support levels at $13.
Although Aptos (APT) is on the road to recovery, its growth has slowed down significantly, with negligible on-chain activities compared to its peers. In fact, Aptos (APT) lost 43% of its TVL value while transaction history and active user addresses have slumped significantly. Despite this, experts predict a bullish outlook for the Aptos (APT) token as new developments trickle in.
Stacks (STX) See Reduced Developers’ Activities, Price Plummets 67% Below ATH
Stacks (STX)’ layer two networks on Bitcoin have sparked concerns about its viability as a long-term smart contract-enabled chain. Essentially, Stacks (STX) rose to prominence for its innovative solution to bringing DeFi and smart contract functionality to Bitcoin. Stacks (STX) started the year with a stellar performance, especially with the growing popularity of Bitcoin NFTs on Ordinals.
However, Stacks (STX) lost its footing and fell by over 94% from $3.6 to a local low at $0.2 last year. The Stacks (STX) token is recovering faster, with investors having good faith in its growth back to all-time high. The Stacks (STX) token is currently trading at $1.26 – about 66% away from all-time high.
TMS Network (TMSN) Gains Significant Ground in Crypto Market, Sell off Presale Phase 1
TMS Network (TMSN), a decentralized exchange built on the Ethereum blockchain, has recently gained significant ground in the crypto market. The exchange is quickly becoming a top choice for traders looking for an all-in-one platform that can cater to all their trading needs. This has been made evident by the successful sell-off of its presale phase 1, surpassing both Stacks (STX) and Aptos (APT) in gains.
The presale phase 1 was a massive success, with the exchange selling out its allocation of TMS Network (TMSN) tokens in record time. This highlights the growing demand for TMS Network (TMSN) and its offerings, including its unique ability to allow users to trade across all exchanges without creating an account.
One of the reasons for TMS Network (TMSN)’s rapid growth is its user-friendly interface, which makes it easy for novice and experienced traders to use. The platform is also highly secure and offers robust features such as non-custodial portfolio management, auto-rebalancing of holdings, and advanced trading tools such as trading bots and strategy builders.
Moreover, TMS Network (TMSN) allows users to trade a wide range of assets, including equities, CFDs, cryptos, and forex, making it a versatile platform for traders looking to diversify their portfolios. The platform also offers a wealth of resources, including videos, guides, and webinars, to help traders make informed investment decisions and trading strategies.
The success of TMS Network (TMSN)’s presale phase 1 strongly indicates the platform’s potential and ability to compete in the highly competitive crypto market. The presale is ongoing as the TMS Network (TMSN) token trades at $0.038. Expert analysts have predicted a 100x rise for the token at launch, presenting a unique opportunity for traders and investors.
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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.