SushiSwap has lost over 94% of its value since March 2021, when it was trading at around $23.Today, SushiSwap has fallen to $1.4, barely above its historical low of sub-$0.5 levels.If SushiSwap hits its historical low, it will be another free fall for the token.However, these developments are not surprising for SushiSwap.After all, SushiSwap began its journey as a hard fork of Uniswap that sought to vampire mine and destroy Uniswap.Later, SushiSwap’s founder was caught withdrawing millions of dollars from the platform’s development fund.A lot of firefighting and PR management ensued.
However, SushiSwap never regained its reputation as a Uniswap-killer.
Now, with SushiSwap in ruins, it’s time for Uniswap and TMS Network (TMSN) to take over all that SushiSwap has built over the years.
Why Choose a Copycat SushiSwap (SUSHI) When the Original Uniswap (UNI) Exists? That’s been the question on everyone’s minds from day 1 of SushiSwap’s launch.Initially, SushiSwap offered attractive mining rewards to early users jumping from Uniswap to SushiSwap, a controversial move that has long been discontinued.Today, SushiSwap’s antics notwithstanding, Uniswap dominates the De-Fi space as the biggest dex in the industry.With over $5 billion in market cap, Uniswap has the highest number of users and liquidity in the crypto industry.
Since Uniswap is built on Ethereum (ETH), it can support all the ERC-20 tokens on its platform for trading.Users even use Uniswap for swapping Ethereum-based NFTs on the platform.At present, Uniswap is the biggest automated market maker in the business.
TMS Network’s (TMS) Arrival Makes Uniswap (UNI) and SushiSwap (SUSHI) Obsolete The crypto industry is a crucible of innovation.Disruption arises from unknown corners unexpectedly all the time and seeks to unseat industry leaders.TMS Network (TMSN) is one such disruption.
Unlike the traditional dexes, TMS Network (TMSN) is an advanced platform that brings crypto exchanges on par with the stock exchanges, if not outcompete them.TMS Network (TMSN) supports stocks, CFDs, and forex.TMS Network (TMSN) users would be able to trade both fiat and crypto investments effortlessly now.
An interesting aspect of TMS Network (TMSN) is that it’s a cross-chain automated market maker.It pulls trades available on different crypto exchanges and blockchains to give TMS Network (TMSN) users the best prices on their trades.
Bots, analytics, arbitrage signals, and other advanced features are available.All these features make it possible for TMS Network (TMSN) users to trade like professionals and help them maximize their investment returns.
1000x ICO Opportunity Awaits You! The current price of TMS Network (TMSN) is $0.0047 in presale stage 1 and analysts predict it to be the next 100x token in early 2023.
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetwork
Twitter: https://twitter.com/tmsnetworkio
Disclaimer: This is a paid release.The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC.NewsBTC does not guarantee the accuracy or timeliness of information available in such content.
Do your research and invest at your own risk..
