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Cash Outflows Rock Arbitrum (ARB) and Solana (SOL), TMS Network (TMSN) Presale Heads to a Resounding Success

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tms network tmsn

Arbitrum (ARB) and Solana (SOL) are running low on investor trust. Investors are selling their positions in both Arbitrum (ARB) and Solana (SOL) to redirect their capital to more profitable avenues. New investment opportunities in innovative crypto projects are compelling them to migrate from Arbitrum (ARB) and Solana (SOL) to high-growth cryptos like TMS Network (TMSN).

Arbitrum (ARB) Hype Wanes Out

Arbitrum (ARB) witnessed a boost in its price in anticipation of the recently concluded Arbitrum (ARB) airdrop. In fact, the Arbitrum (ARB) user base expanded by 400,000 users in just two weeks after the announcement. So, at the time of the airdrop, Arbitrum (ARB) was catering to 3 million users worldwide. But, as soon as the tokens dropped, there was a spike in the Arbitrum (ARB) transactions.

The hike in transaction volumes was actually a sell-off, which withered away the excitement of the airdrop. The 2.73 million Arbitrum (ARB) transactions on March 23 declined to around 1.82 million the next day. This was a steep 33% decline in transaction volumes.

Arbitrum (ARB) users who got the airdropped tokens sold them promptly on the same day. Arbitrum (ARB) price has since been in the red. Whether Arbitrum (ARB) will recover remains to be seen.

Solana (SOL) Fails to Maintain Traction

Solana (SOL) has been riddled with problems that don’t seem to end. It has survived multiple hacker attacks; it has suffered repeated outages; biggest of all, it got the worst of the FTX collapse. Even as faith in Solana (SOL) dwindled, its investors have stuck with it.

However, in the DeFi universe, where utility is being prioritized, Solana (SOL) is quickly losing to its competition. So many competitors in the market provide similar, if not better, services than Solana (SOL). Solana (SOL) stays relevant as long as developers keep building dApps on the blockchain. With the competition heating up, Solana (SOL) is finding it more and more difficult to maintain its user base.

Solana (SOL) also launched the brave venture called Solana Spaces. It was to attract the general public to NFTs and the Solana (SOL) blockchain. It bombed so badly that Solana (SOL) had to close the first physical stores it had opened in Miami and New York City within months.

Solana (SOL) investors have been observing this continuous depreciation in Solana’s (SOL) value and are pulling out of the cryptocurrency. They are using the present opportunity to get their funds out of the Solana (SOL) platform as quickly as possible.

TMS Network (TMSN) Is Making Heads Turn

In the crypto market, where a new launch like Arbitrum (ARB) went into a downward spiral and an established token like Solana (SOL) is finding it hard to maintain its value, the resounding success of the ongoing TMS Network (TMSN) ICO is making headlines.

TMS Network’s (TMSN) unique use case is its primary value driver. The blockchain is a decentralized exchange that allows traders to trade in cryptocurrencies, and many other traditional asset classes, including stocks, CFDs, and forex. The first-of-its-kind DEX has created a lot of positive buzz with its offering of transparency, ease of use, and speed to traders.

The stage 1 presale price of TMS Network (TMSN) was $0.025, and it raised $500,000. In the stage 2 presale, the price went up almost 100% to $0.046, and its cumulative investment crossed the $3 million mark. Experts predict that TMS Network (TMSN) will grow faster after its launch reaching a growth rate of 5,000%.

For more information on TMS Network (TMSN) please see the links below:

Presale: https://presale.tmsnetwork.io

Website: https://tmsnetwork.io

Telegram: https://t.me/tmsnetwork 

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