TMS Network Rockets 900%: Outperforms THETA and LTC in Crypto Market
• The crypto market rally starting in January 2023 has seen moderate gains for tokens like Theta Network (THETA) and Litecoin (LTC).
• However, a new contender is here. TMS Network (TMSN), having raised over $5.6 million in presales, is changing how users trade on-chain.
• Theta Network (THETA) has seen continued development throughout the bear market while Litecoin (LTC) has struggled to remain relevant with other networks surpassing it in terms of speed and cost.
The Crypto Market Rally
The crypto market rally starting in January 2023 caught many off guard. Fresh off the back of the FTX insolvency, the crypto market was at a low point. Yet, despite further inflation concerns, performance across most crypto assets has been excellent. Tokens like Theta Network (THETA) and Litecoin (LTC) have seen moderate gains.
Theta Network Performance
Theta Network (THETA) is a media and entertainment protocol that is up around 40% since the start of the year. Recently, Theta Network announced that their mobile native wallet, Theta Wallet, was now integrated with WalletConnect; allowing users to connect to Dapps by scanning QR codes and making the network more accessible to mainstream audiences. Despite this progress though, token performance is still relatively lacking when compared to other tokens rallying 100’s of percent.
Litecoin Performance
Litecoin (LTC) has registered minor gains of around 30% in 2022 and has underperformed even Bitcoin (BTC). Litecoin was created to facilitate faster and cheaper transactions than Bitcoin but it now one of the slower and more expensive chains as new developments launch daily. Investors are beginning to question if Litecoin still holds unique selling points or if it will become just another altcoin amongst stiff competition from centralized streaming options such as Twitch and YouTube.
TMS Network
TMS Network (TMSN), having raised over $5.6 million in presales, is changing how users trade on-chain through decentralized exchanges (DEXs). DEXs are becoming one of the core products of the DeFi economy yet many lack user experience features which TMS aims to address by providing an intuitive user interface combined with high security standards for its users transactions on-chain transactions via smart contracts technology..
Conclusion
As we see increased adoption with protocols like Theta Networks mobile wallet integration with WalletConnect, investors can expect further growth from tokens like THETA and LTC albeit at different speeds due to each protocols current position within their respective markets . With TMS Networks innovative approach providing improved user experience features for DEXs we may soon see them rivaling both THETA & LTC as a top performer within the cryptocurrency space..