TMS Network (TMSN) is swiftly ascending the ladder in the cryptocurrency realm, outpacing Filecoin (FIL) and Litecoin (LTC) in regards to investment and potential for growth. Despite the notable strides made by Filecoin (FIL) and Litecoin (LTC) with smart contracts and traditional transactions respectively, TMSN remains the superior investment among the three.
Filecoin (FIL) is a blockchain-based decentralized storage system that utilizes the Interplanetary File System (IPFS) to create a secure Web3 cloud where users can store and retrieve data.
To incentivize miners to offer storage space and retrieve data, Filecoin (FIL) uses two new consensus algorithms, namely proof-of-replication and proof-of-space-time. The Filecoin (FIL) $FIL token serves as the native currency of the network and enables direct transactions between users and storage providers on the marketplace, without intermediaries.
While Filecoin (FIL) offers a secure and decentralized way to store data on the Web3, some people question its necessity given that tech giants like Microsoft, Google, and Apple already offer their own secure cloud systems.
Charlie Lee, a former Google engineer, developed Litecoin (LTC) in 2011 as a decentralized cryptocurrency. The protocol is a fork of Bitcoin, but with modifications aimed at improving the weaknesses of the Bitcoin protocol, including faster transaction times and lower fees.
Litecoin (LTC) uses a peer-to-peer network, allowing users to transfer funds directly without intermediaries.
Additionally, Litecoin (LTC) introduced Ordinals, a type of NFT that has garnered significant attention, particularly in the case of Bitcoin Ordinals. Despite its longevity in the market, Litecoin (LTC) faces direct competition with Bitcoin and may discourage investment. Nonetheless, it should not be undervalued.
TMS Network (TMSN)
Unlike Filecoin (FIL) and Litecoin (LTC), TMS Network (TMSN) is a fresh cryptocurrency, and it’s often the new startups that bring the highest returns for investors. Nonetheless, not all new cryptocurrencies outperform traditional ones.
However, the excitement TMS Network (TMSN) is generating in the cryptocurrency space is similar to the biggest movements in the previous bull market. What makes this new DeFi platform so appealing?
TMS Network (TMSN) is a decentralized exchange (DEX) that allows secure trading with over 500 cryptocurrencies and other asset classes, such as stocks, FX, and CFDs, all executed within the Ethereum blockchain.
Copy Trading is one of the key features of TMS Network (TMSN), an innovative tool that allows users to track and replicate the trades of successful traders. It’s perfect for novice traders, who can access the expertise and insights of more seasoned traders, while skilled professionals can monetize their experience by sharing their trades with others.
The TMS Network’ (TMSN) token $TMSN powers the platform, providing access to all trading tools and offering passive income opportunities through revenue sharing, staking, and liquidity pool rewards.
The ongoing second phase of TMS Network’s (TMSN) presale allows investors to acquire tokens at discounted rates before they become available to the general public. This is why informed investors prefer to invest in this promising cryptocurrency instead of more established ones like Filecoin (FIL) and Litecoin (LTC).
While there are no certainties in the volatile cryptocurrency market, the level of excitement and funds raised so far for TMS Network (TMSN) suggest that it could be a major player in the upcoming bullish season.