Coinbase Expands Global Footprint: Chainlink (LINK) and Fantom (FTM) Face Headwind, but TMS Network (TMSN) Sails Into the Clear With Massive Price Hike
2023 has been massive for crypto as traditional enterprises and firms expand their reach to blockchain technology. In a new development, Coinbase has expanded its global crypto and blockchain footprint.
2023 has been massive for crypto as traditional enterprises and firms expand their reach to blockchain technology. In a new development, Coinbase has expanded its global crypto and blockchain footprint. Chainlink (LINK) and Fantom (FTM) have been facing headwinds, while TMS Network (TMSN), a decentralized trading hub, has managed to sail into the clear with a massive 1700% price rise in presale. This article will take a closer look at these developments and what they mean for the future of cryptocurrency.
Chainlink (LINK)
Chainlink (LINK) has been making waves as its price continues to soar after Coinbase, one of the world's largest cryptocurrency exchanges, announced its intentions to expand its global footprint. This news comes just weeks after Coinbase launched Chainlink (LINK)'s price on its Base layer 2 testnet.
Coinbase's expansion is expected to increase the visibility of Chainlink (LINK) to a wider audience, potentially driving up demand and causing its price to increase further. Additionally, Chainlink (LINK)'s technology has been gaining popularity for its ability to connect smart contracts to real-world data, which has led to a growing number of partnerships with companies in various industries.
Consequently, the Chainlink (LINK) token has been performing above analysts' predictions. Within 30 days, Chainlink (LINK) gained 45% before retracing to $7. With the backing of Coinbase and its expanding global presence, Chainlink (LINK) is well-positioned to continue its upward trajectory.
Fantom (FTM)
Fantom (FTM) was introduced as a layer 1 chain in 2019. It was one of the first scalable third-generation chains that used a hybrid Proof of Stake consensus algorithm called Lachesis. Fantom (FTM)'s innovative consensus algorithm blends a Directed Acyclic Graph with an asynchronous Byzantine Fault Tolerant (aBFT) protocol to achieve unparalleled efficiency and high throughput that earlier chains are incapable of.
Due to Fantom’s (FTM) unique architecture, developers quickly embraced it as a go-to platform for deploying and developing projects and smart contracts. However, despite Fantom’s (FTM) multi-chain compatibility and innovative features, the Fantom (FTM) token is heading to a bearish downtrend as the general market condition worsens. In fact, the Fantom (FTM) token has lost 88% of its price over the past 18 months and continues to be dominated by TMS Network (TMSN)'s 1700% presale rise.
TMS Network (TMSN)
The TMS Network (TMSN) is a decentralized platform built on the Ethereum blockchain that allows users to create and deploy custom smart contracts. The platform has gained attention due to its unique features, including its user-friendly interface, low transaction fees, and faster payment times.
The recent surge in the price of TMSN can be attributed to several factors, including increased adoption by developers and investors, improved scalability, and the growing interest in decentralized trading. The TMS Network (TMSN)'s ability to offer a wide range of trading resources, tools and programs.
While other cryptocurrencies like Chainlink (LINK) and Fantom (FTM) face headwinds, TMS Network (TMSN) excels in presale and has reached the third round within a few weeks. Meanwhile, Coinbase's intentions to expand its global footprint are expected to drive increased adoption of cryptocurrencies and DeFi applications, which could benefit platforms like TMS Network (TMSN) in the long run.
As a result of its importance, TMS Network (TMSN) has grown by 1700% as market whales and investors rush to its presale with demand. The token currently trades at $0.085 and is expected to sell out earlier than usual. Don't miss out on this golden opportunity, be a part of TMS Network (TMSN)'s growing ecosystem and sign up for presale below:
Presale: https://presale.tmsnetwork.io
Whitepaper: https://tmsnetwork.io/whitepaper.pdf
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetworkio
Discord: https://discord.gg/njA95e7au6
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