The recent disruption in the ever-evolving landscape of cryptocurrency has invited many companies to bring innovation to the trading market.
As currencies like Aptos (APT) and Chainlink (LINK) struggle to stabilize, the steadfast approach and commitment to innovation of TMS Network (TMSN) have allowed it to thrive amidst a volatile market.
Here is a detailed comparison between these currencies.
TMS Network (TMSN)
TMS Network (TMSN) is an all-in-one Ethereum-based trading platform that aims to pave the way for a new era of trading possibilities. It has seen a remarkable 2000% increase in token value in 2023, as the platform offers easy access to digital assets like equity, FX, and CFDs without needing an account.
TMS Network (TMSN) prioritizes community building, education, and accessibility, providing users with on-chain analytics, automation tools, and social trading features. Token holders enjoy passive income, voting rights, and access to premium tools through TMS Network (TMSN) revenue-sharing model.
With over 6 million dollars raised in their 4th pre-sale phase, further price increases are anticipated.
Aptos (APT)
Aptos (APT) is a layer-1 blockchain network created by Aptos Labs. Although Aptos (APT) experienced its all-time high price of $19.92 in January 2023, it has followed a bearish trend.
The price for Aptos (APT) has decreased by 61.16% of its all-time high in January. Additionally, Aptos (APT) recently went through a massive token unlocking in which 0.5% of the total Aptos (APT) supply (equivalent to more than 40 million dollars in value) was released into the market.
Following the token unlocks, Aptos (APT) is still experiencing a continuous decline in its price. Despite the price declines, the trading volume of Aptos (APT) experienced a significant surge.
Many believe it is now the wrong time to invest in Aptos (APT) since the price is expected to decline in the coming days. Although some experts speculated that the next resistance level for Aptos (APT) will be the $7.9 mark, followed by a short-lived trend reversal, the long-term state of Aptos (APT) is still downwards.
This demotivating downward trend is why many growth-seeking traders move away from the Aptos (APT) and choose steady and stable alternatives like TMS Network (TMSN).
Chainlink (LINK)
Chainlink (LINK) is a framework that aims to make decentralized oracle networks (DONs) to bring real-world data onto blockchain networks. Experts suggest that Chainlink (LINK) is now in bearish trend territory with massive selling pressure.
Since March 2023, countless bull efforts have been observed that tried to reverse Chainlink’s (LINK) downward trend; however, they were met with solid bearish resistance. In the first week of June 2023, Chainlink (LINK) crashed by 6% after a substantial bear influence.
After the crash, Chainlink (LINK) settled at the price point of $6.1, which was dangerously close to the crucial price point of $6.
At the time of writing, the state of Chainlink (LINK) has fallen even further to $5.97, encouraging its bearish behavior. Although many crypto analysts predict that the Price for Chainlink (LINK) will rise in the summer of 2023, they do not expect Chainlink (LINK) to remain stable.
This instability of price and frequent crashes is why many long-term investors are moving away from Chainlink (LINK) to more stable alternatives with room for growth, such as TMS Network (TMSN).
Conclusion
Aptos (APT) and Chainlink (LINK) are struggling to break their bearish trends in 2023. This downward trend has discouraged many long-term investors, which is why many are looking for better alternatives. In this situation, TMS Network (TMSN) has shown significant promise with steady growth and long-term stability.
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
