TMS Network dominates DEX markets, as GMX ups the DeFi ante with Arbitrum & Chainlink
It’s been an interesting few weeks for the popular decentralized exchange GMX, as the perpetual exchange recently incorporated low-latency oracles from Chainlink (LINK) while ranking as the project with the total value locked on Arbitrum (ARB). However, savvy investors are still focusing primarily on a project that shows no signs of slowing down in its rise to the top: TMS Network (TMSN), which is in Stage 3 of its presale and has seen a staggering price increase. Find out more in the article below.
TMS Network (TMSN)
TMS Network is being discussed as a genuine game-changer for the trading world, and it’s not hard to see why. But what is TMS Network (TMSN)? If you’re not yet familiar, TMS Network is a simple-to-use, accessible trading platform where users can trade Forex, stocks, shares, cryptocurrencies, and more, all using crypto. And all you have to do to get started with TMS Network is connect your crypto wallet.
Many people love the ease of use of TMS Network, and many are attracted by the platform’s strong security standards and unique features, like on-chain analytics and AI trading signals. In short, there’s a lot to love about TMS Network (TMSN), and the TMS Network presale has seen a gigantic price rise for TMSN tokens, which are currently valued at $0.088, with millions of dollars invested already.
While TMS Network (TMSN) pushes on, other projects are also attracting attention, like Arbitrum (ARB). Arbitrum is a layer-2 Ethereum-based scaling solution. It stands out for its use of optimistic rollups to help make Ethereum more effective, faster, and even more scalable. Arbitrum also has minimal fees and other benefits that have helped it emerge as a leading option for investors, and the ARB token gives holders governance over the platform.
So, is it the right time to buy Arbitrum? Although the platform has proven popular, recent weeks haven’t been great for Arbitrum (ARB). Its price has dropped from around $1.80 back in April to $1.18 at this time. This slump could continue further as investors sell off their ARB tokens, but Arbitrum should likely rise back up later in the year as the platform develops further.
Next, let’s talk about Chainlink. It is an innovative decentralized oracle network that makes it easier for blockchains to interact with different external data feeds, bridging gaps between the blockchain and other forms of technology and facilitating the creation of complicated smart contracts. There’s a lot of good technology underpinning Chainlink (LINK), and Chainlink was one of the first networks to allow off-chain data to be included in smart contracts.
This is all good news for prospective investors in Chainlink, and it was recently announced that Swell, a leading liquid staking protocol, integrated Chainlink’s (LINK) proof-of-reserve on the Ethereum network in another boost for the token. Thanks to this, and other developments, experts say that Chainlink (LINK) could be gearing up for a bull run after its recent decline in price.
There are some very interesting investment opportunities out there right now. Some, like Chainlink (LINK), could rise soon, while others, like Arbitrum (ARB), may take a little longer. But if you’re looking for the best chances of serious rises and mega returns, look no further than TMS Network (TMSN), which could break the $1 barrier before long.