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Decentraland (MANA) Sees the Lowest Activity as dYdX (DYDX) and TMS Network (TMS...

 1 year ago
source link: https://cryptomode.com/decentraland-mana-sees-the-lowest-activity-as-dydx-dydx-and-tms-network-tmsn-rally-for-a-price-hike/
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The NFT-gaming market is an integral part of the crypto industry. Decentraland (MANA) seems to be struggling despite the increasing popularity of Metaverse gaming. dYdX (DYDX) is slowly gaining momentum to strengthen its presence. On the other hand, TMS Network (TMSN) is inching upward and forward with determination.

TMS Network’s (TMSN) Commission Revenue Sharing Model a Hit with Investors

TMS Network (TMSN) is a state-of-the-art decentralized crypto platform for trading all types of derivatives. Users can start trading instantly by connecting their wallets to TMS Network (TMSN) platform without creating an account or waiting for verification/approvals. TMS Network (TMSN) price aggregation feature automatically pairs the lowest buying and highest selling prices for an asset, within milliseconds. The commission revenue-sharing model by TMS Network provides passive income to TMSN token holders. Users who hold TMS Network (TMSN) tokens will earn a commission based on the trading volume on the platform. The higher the volume, the greater the earnings on TMS Network (TMSN). TMS Network (TMSN) native token is trading at $0.08, and is currently in its presale stage. Buy TMS Network (TMSN) tokens today and get a 30% deposit bonus (limited period offer).

What Does Decentraland’s (MANA) Lowest Player Base Mean for its Native Token?

Decentraland (MANA) is a popular Metaverse, but its native token is always struggling to take off. The graph for the last one year shows Decentraland (MANA) token’s price in red. Decentraland (MANA) was priced at $20.0388 on 23rd April 2022. However, Decentraland (MANA) is at $0.563 on 22nd April 2023. In fact, Decentraland (MANA) has been below the $1 mark since mid-August 2022. Though Decentraland (MANA) hosted multiple events on the Metaverse, this success didn’t convert to the token price. Recently, DappRadar shared a report indicating that Decentraland (MANA) has been losing its player base. While other Metaverse gaming platforms are becoming successful, Decentraland (MANA) recorded only 38 active users. Analysts believe that the expensive virtual land in Decentraland (MANA) is the reason for players to move to other platforms. Whether Decentraland (MANA) can regain its lost popularity, only time will tell.

Is dYdX (DYDX) Gearing up for a Price Rise?

dYdX (DYDX) has a red graph to show its last year’s price movement. However, this year (2023) has been good for dYdX (DYDX). The price of the dYdX (DYDX) token crossed $3.60 in early February. This increase in dYdX (DYDX) price was attributed to the announcement about the postponement of new token release to increase market supply. Though dYdX (DYDX) hasn’t gotten closer to that price again, it has managed to cross the $3 mark a couple of times. At press time, dYdX (DYDX) is at $2.4805 after losing 7.40% in the last 24 hours. dYdX (DYDX) fell below the $2.69 mark yesterday, before gaining a little and crashing again today. Analysts believe that dYdX (DYDX) might gain an upward movement soon, and register a definite increase in price. It will be interesting to see if dYdX (DYDX) can register a bullish trend, or if the token will crash further to go bearish.

Presale: https://presale.tmsnetwork.io

Website: https://tmsnetwork.io

Telegram: https://t.me/TMSNetworkIO

Twitter: https://twitter.com/@tmsnetwork_io

None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.


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