There’s plenty of room on the crypto stage for new tokens of many kinds, so it’s not like tokens are all competing for the same ground. However, market saturation is making the market more competitive, as has been shown by the pressure TMS Network (TMSN) has been putting on Filecoin (FIL) and Solana (SOL).
TMS Network (TMSN) has grown 1963% throughout its presale resulting in more than $6M in funds raised, and this has caused hype that is nothing short of intimidating for Filecoin (FIL) and Solana (SOL). The question is – is this a challenge that will soon pass, or are Filecoin (FIL) and Solana (SOL) in for long-term competition from TMS Network (TMSN)?
TMS Network (TMSN)
TMS Network (TMSN) is an upcoming decentralized investment platform designed to take consumer investment to its next stage. TMS Network (TMSN) provides an all-in-one hub for a broad variety of investments, whether it involves crypto, stocks, FX, or derivatives. Investors can sign up simply by connecting their crypto wallet and can make trades whilst leveraging AI automation, analytics, social trading templates, and other cutting-edge tools.
These unified features help TMS Network (TMSN) stand out from the crowd and prevent users from having to juggle multiple platforms. TMS Network (TMSN) investors can also access convenient learning resources, exceptionally low fees, and even the right to vote on the future of TMS Network (TMSN). Overall, TMS Network (TMSN) has won over critics with its approach to trading unification and accessibility, resulting in the current value of $0.097, a 1963% increase since the launch of its first presale event 5 months ago.
Filecoin (FIL) is a highly unique crypto product that focuses on decentralized file and data management. Businesses can leverage Filecoin (FIL) to empower their security and privacy departments to truly futureproof their data. Data breaches and privacy concerns are more problematic than ever in B2B spheres, so Filecoin (FIL) has been smart to target this niche.
The implications of Filecoin’s (FIL) technology is huge and if it were applied on a consumer level, Filecoin (FIL) would no doubt blow up. However, Filecoin (FIL) is currently only available within B2B partnerships, meaning consumers cannot currently protect their personal files with Filecoin (FIL). This is a shame as the limited reach of Filecoin (FIL) simply will not be enough to keep up with the sheer force of TMS Network (TMSN).
Solana (SOL) is a cryptocurrency famous for leveraging its own in-house PoH (Proof of History) protocol, allowing it to finalize and prove blockchain transactions without depending on large financial investments. This has helped Solana (SOL) to steer the industry further away from inefficient PoW (Proof of Work) protocols and into the future.
However, there is one issue with Solana’s (SOL) PoH protocol. PoH tokens are rare, and this will limit the interoperability of Solana (SOL). Whilst Solana’s (SOL) PoH protocol is more efficient than PoS, there are hundreds of PoS tokens that are already seamlessly connectable. Sadly, Solana’s (SOL) PoH protocol will prevent this, stunting the token’s progress significantly in 2023.
In conclusion, there’s plenty of room for innovation in crypto, but there’s no denying that TMS Network (TMSN) has made growth difficult for competitors. TMS Network (TMSN) has been blowing up so much that it has shined a spotlight on 2023’s market trends of accessibility and interoperability, two areas that both Filecoin (FIL) and Solana (SOL) have been struggling with.
Thankfully, you don’t have to be a part of Filecoin (FIL) and Solana (SOL) if you’re not in the market for slow growth – you could instead just get involved in the fast-growing TMS Network (TMSN) presale. Do your research before it’s too late though, because TMS Network (TMSN) has already seen gains of 1963%, so the current price of $0.097 in its current 4th presale phase won’t stick around for long!
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