In the middle of Arbitrum’s (ARB) messy crypto airdrops, the pre-sale for TMS Network (TMSN) increased by over 1000%

Recent months have been exciting and chaotic in the world of cryptocurrencies. TMS Network (TMSN) had a record-breaking increase of 1300% in a short period of time, which was unheard of during the Arbitrum (ARB) airdrop and when Avalanche (AVAX) experienced network difficulties. These three important cryptocurrency-related events are explored in further detail in this essay.

The Arbitrum (ARB) Airdrop’s Reality: From Hype to Chaos

With the use of optimistic rollups, the layer-2 scaling solution for Ethereum known as Arbitrum (ARB) seeks to increase network performance, scalability, and cost effectiveness. Recently, Arbitrum (ARB) conducted an airdrop to distribute its governance token to users in an effort to boost adoption and attract new users. The Arbitrum (ARB) airdrop procedure, however, was plagued by flaws, expensive gas prices, and con artists attempting to profit from the confusion.

In spite of these difficulties, a large number of users were able to collect over $1 billion worth of Arbitrum (ARB) tokens in the first hour of the airdrop’s start. On the other side, hackers stole Arbitrum (ARB) tokens worth $500,000 in total. Even before the Arbitrum (ARB) airdrop was formally announced, scammers set up phony links, phishing for naïve investors, and collecting their sensitive personal information. As of the time of publication, Arbitrum (ARB) is trading at $1.37, up 12.10% in the previous day.

The price of Avalanche (AVAX) remains stable despite recent market turmoil and network outages

This past week was notable for the C-chain of the Avalanche (AVAX) ecosystem, which saw notable growth in its Transactions Per Second (TPS). Smart contract and DeFi app deployment takes place mostly on Avalanche’s (AVAX) C-chain.

Avalanche’s (AVAX) weekly report showed that staking on the network had picked up steam, with the staking ratio rising by 62% from the previous week and accompanied by an 8% rise in staking incentives, which may have contributed to the spike in user interest.

But Avalanche’s (AVAX) social analytics painted a dismal image, with a sharp decline in social mentions and interactions, leading to a decline in social dominance of over 10%. In addition, during the course of three days, Avalanche (AVAX) had two outages that prevented block production: one lasted for 80 minutes, and the other for two hours.

Avalanche (AVAX), despite these setbacks, had a value of $16.74 at the time of publication, down 1.64% from the day before. After the market’s instability brought on by stable coins on March 14, Avalanche’s (AVAX) daily price movement has remained range-bound. It was difficult to forecast Avalanche’s (AVAX) price direction because the majority of technical indicators were showing conflicting indications.

What You Need to Know About the TMS Network (TMSN) Presale’s 1300% Increase

TMS Network (TMSN) has seen a stunning increase of 1300% in the cryptocurrency world, creating a stir among traders and investors. TMS Network (TMSN) would offer investors and traders a completely decentralized exchange with a portfolio that comprises conventional asset classes.

TMS Network provides premium services, including real-time on-chain analytics, trading calls, and arbitrage alerts, to customers who buy TMSN tokens by utilizing Ethereum smart contracts. TMS Network (TMSN) offers consumers the ease of 24/7 trading using its own trading bot technology. With the help of this function, dealers may place transactions even while they are not in close proximity to their gadgets. Through its price aggregator, TMS Network (TMSN) also promises its customers the best offers available across a range of marketplaces.

TMS Network (TMSN), which is issuing tokens for $0.046 per unit, is now in the second round of its presale. TMS Network (TMSN), a preferred investment choice for serious cryptocurrency traders, sold more over half a million dollars worth of tokens during the first round of the presale.

Recommended For You

About the Author: Paul

Laisser un commentaire

Votre adresse e-mail ne sera pas publiée. Les champs obligatoires sont indiqués avec *