Cryptocurrency has seen significant innovation in recent years, and it’s again gaining traction after a rough 2022. EOS, Cosmos (ATOM), and TMS Network (TMSN) are three particularly ingenious platforms to keep an eye on.
TMS Network has already been significantly popular among investors in 2023 during its presale phases. Let’s compare it with EOS and Cosmos.
TMS Network (TMSN)
TMS Network has had a great 2023. It is currently in its fourth presale phase and has seen almost a 2,000% increase in value, generating $6 million in revenue.
The popularity of the TMS Network lies in its versatility. It allows the trading of several digital assets, including cryptocurrency, forex, stocks, and more. TMS Network (TMSN) is a secure network with high scalability potential.
TMS Network (TMSN) also offers MT4 and MT5 algorithms that work as your investment advisors. AI integration, automation tools, and educational content further show how the TMS Network is putting user experience and accessibility at its core.
Due to its young age and state-of-the-art technology, TMS Network has captured the attention of cryptocurrency enthusiasts worldwide.
EOS is a third-generation layer 1 Blockchain protocol. EOS claims it does not charge any transaction fees and can conduct millions of transactions in a second, hinting at a potential for scaling up. The low latency of it liberates developers to bring together different architectures and Blockchain protocols. And EOS is known for its vibrant and resilient community.
EOS made a killing in 2018, with its token being worth more than $15, but it soon failed. In the last year alone, EOS kept hovering at about $1, except for August and September 2022, when it reached a price of $1.8. However, it soon went down and has been in a freefall since April 2023, with a current price of around $0.85.
EOS’s failure could be traced to its many controversies. At the very start, the US Securities and Exchange Commission fined EOS $24 million as it was an unregistered token. Investors have also sued it over misleading statements. EOS is also criticized for its centralization, considering it once froze 34 accounts without explanation.
While EOS fails to make market gains in 2023 and is in free fall, TMS Network storms ahead.
Dubbed The Internet of Blockchains and Blockchain 3.0, Cosmos aims to solve the biggest problems in the Blockchain industry.
According to the founders of Cosmos, the proof-of-work protocols employed by traditional cryptocurrencies make the Blockchain slow, expensive, and unscalable. So Cosmos (ATOM) aims to provide a scalable alternative. Another goal of it is to make Blockchain technology less complex. Blockchain networks see extensive fragmentation, but the fragments cannot communicate, and Cosmos makes the Blockchain less difficult by allowing their communication.
It is a resilient asset. Being one of the few cryptocurrencies that survived last year’s crashes, Cosmos (ATOM) trades at around $9.55, hovering between $16 to $8 for most of the last year. However, the currency has been falling for the past month, and 2023 has seen an overall decline so far, except for the gains in January and February.
While Cosmos has a good price, it is relatively stable and shows little market gains. Its investors may consider diversifying their assets through another protocol like the TMS Network.
EOS and Cosmos (ATOM) are two innovative cryptocurrencies. However, they fail to make much market gain in 2023. The younger TMS Network (TMSN) is more innovative and is smashing barriers to entry for its users, making it incredibly popular in 2023.
Find out more about the TMS Network (TMSN) presale below:-