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04/18/2023

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Layer-2 Contenders Polygon (MATIC) and Immutable (IMX) Demolished by TMS Network (TMSN) with a Whopping 2240% Revenue Explosion

Layer-2 networks are fastly becoming the new trend in the crypto space.

Layer-2 Contenders Polygon (MATIC) and Immutable (IMX) Demolished by TMS Network (TMSN) with a Whopping 2240% Revenue Explosion

Layer-2 networks are fastly becoming the new trend in the crypto space. These layer-2 networks are built off an already existing network, and they focus on solving the problems associated with their parent network. They have also proven to have user appeal features which assist with their adoption. 

Despite their problem-solving features, some L2s have struggled to assert dominance in the crypto market. Having been in the market for a long time, the likes of Polygon (MATIC) and Immutable (IMX) have struggled in the market while the nascent TMS Network (TMSN) has toppled the duo. 

TMS Network (TMSN) 

TMS Network (TMSN) is an Ethereum layer-2 network that is poised to fix the challenges users face. On TMS Network (TMSN), users get personalized trading advice based on their set goals, market conditions and risk tolerance. TMS Network (TMSN) also offers non-custodial wallet services which give users full control over their assets.

On TMS Network (TMSN), traders get access to bots which helps to automate and execute trading strategies, reducing the effort and time needed in managing portfolios. While trading, TMS Network (TMSN) allows users to follow in the footsteps of experienced and successful traders to guarantee profit. 

TMS Network (TMSN) has taken the crypto space by surprise with its development. At the launching of its presale phase, TMS Network (TMSN) traded at $0.0047. From this value, TMS Network (TMSN) made a stunning move to trade at $0.38. TMS Network (TMSN) is currently trading at $0.05, an over 900% increase. 

Polygon (Matic) 

Polygon (Matic) is a layer-2 network created to solve Ethereum’s scalability problems. In solving these problems, Polygon (Matic) conducts all its transactions on a separate Ethereum-compatible blockchain which is later returned to the Ethereum blockchain for post-processing. Polygon (Matic) serves as a problem-free start pad for projects built on Ethereum. 

However, Polygon (Matic)’s move in the crypto market does mirror its offerings. Polygon (Matic) opened the year trading at 0.91, and from there it increased to $1.54. Polygon (Matic) could not sustain this trend as it plummeted to $0.97. Presently, Polygon (Matic) is trading at $1.13. 

While Polygon (Matic) was struggling to find its course in the crypto market, a new layer-2 network, TMS Network (TMSN) came into the market and outperformed Polygon (Matic). TMS Network (TMSN) has recorded an over 900% token increase, water shading Polygon (Matic)’s feat. 

Immutable (IMX)

Immutable (IMX) is another layer-2 scaling solution majorly for NFTs in the Ethereum network. Immutable (IMX) solves the problem of low scalability, slow developer experience and illiquidity that has plagued the Ethereum network. Immutable (IMX) was created with Vitalik’s shilled STARK zk-rollups. 

With its inclusion of NFTs, Immutable (IMX) has found it difficult to soar in the market. The year 2023 opened with Immutable (IMX) trading around $0.53. It made a bullish run and traded at $1.54. However, Immutable (IMX) could not sustain this bullish move as its value plummeted to $0.99. 

Within this same period where Immutable (IMX)’s value fluctuated, another layer-2 product TMS Network (TMSN) launched its presale, as it recorded a total of 2240% increase in the revenue garnered during the presale. Immutable (IMX) is currently trading at $1.13, as it continues to search for stability. 

Conclusion

TMS Network (TMSN) has been on a steady bullish streak since its inception. TMS Network (TMSN) has garnered over $4 million in the presale, a 2240% revenue increase, demolishing Polygon (MATIC) and Immutable (IMX) co-L2 contenders. 



 

Presale: https://presale.tmsnetwork.io

Website: https://tmsnetwork.io

Telegram: https://t.me/tmsnetwork

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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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