Uniswap (UNI) and Shiba Inu (SHIB) Underwater as Crypto Looks Outside US, Does TMS Network (TMSN) Have the Solution? » The Merkle News

17 May 2023

in SHIBA

Reading Time: 4 mins read

As we progress into 2023, the crypto industry continues to make inroads into new grounds and is striving to look outside the United States of America in order to gain a foothold elsewhere across Asia and Africa.

In this situation, major cryptocurrencies, Uniswap (UNI) and Shiba Inu (SHIB) have gone under the radar as they continue to struggle for relevance while industry experts have pointed out TMS Network (TMSN) to be the solution to the upheaval.

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Uniswap (UNI)

Uniswap (UNI) was launched in 2018 as a decentralized exchange for ERC-20 tokens and it has now gone on to become the largest decentralized exchange in the crypto world.

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Interestingly, Uniswap (UNI) uses liquidity pools in contrast to market makers, this means that individuals and algorithms could provide liquidity in exchange for a percentage of the trading fees generated.

Decentralized exchanges like Uniswap (UNI) are known to be much safer than centralized exchanges like Binance and more resilient to attacks. There are almost a million ERC20 tokens on the Ethereum network, and Uniswap (UNI) is the safest bridge for swapping them which shows that Uniswap (UNI) remains a crucial player in DeFi. Also, as the Ethereum ecosystem grows, Uniswap (UNI) is expected to follow suit.

Uniswap (UNI-USD) is the governance token of the most popular Ethereum-based decentralized exchange but it has been underwater alongside Shiba Inu (SHIB) for some time now while TMS Network (TMSN) continues to surge.

Shiba Inu (SHIB)

Shiba Inu (SHIB) is a meme coin like Dogecoin which is struggling to regain its former glory and momentum it previously had. Shiba Inu (SHIB) has no unique advantage over other digital currency options and its expected breakthrough was the launch of Shibarium which is a layer-2 scaling solution that would propel its growth.

Although this was expected to be the primary catalyst to take Shiba Inu (SHIB) to the next level, development on the blockchain has been slow despite the fact that more transactions are now on the blockchain and the number of wallets are increasing.

It is well known that Shiba Inu (SHIB) popularity is largely driven by memes and the success of Dogecoin and its price depends mainly on unpredictable hype cycles. All these cause only short-term gains, which has largely made Shiba Inu (SHIB) to be underwater for a long while industry experts now vie for TMS Network (TMSN).

TMS Network (TMSN)

The revolutionary TMS Network (TMSN) has literally taken over the trading industry. Simply put, it is a trading solution that utilizes the Ethereum blockchain to address critical challenges in the crypto industry by enhancing accessibility, efficiency, and security, by cutting out the middleman.

It might come in handy to mention that the TMS Network (TMSN) performs all the listed functions without the use of intermediaries. So it is not a surprise that TMS Network (TMSN) has dominated the crypto space with over 1700% return on investment so far despite the fact that it’s still in the second phase of its presale.

This has made industry experts predict that there is a strong possibility that TMS Network (TMSN) will continue to experience a

significant surge in value subsequently. Which is an indicator for investors to allocate their resources to TMS Network (TMSN) because it is the solution to many of the issues plaguing the trading industry unlike Uniswap (UNI) and Shiba Inu (SHIB) that are under water.

Conclusion

Taking a look at the trio, it is crystal clear that TMS Network (TMSN) is the best option for traders and investors.

Currently, TMS Network (TMSN) is in the second phase of its presale, offering tokens at $0.088. TMS Network (TMSN) has raised over $5.6 million so far as it continues to grow in popularity. Check it out below.

Presale: https://presale.tmsnetwork.io