Binance to lower Tron (TRX) withdrawal fees, Bollywood NFTs join Polygon (MATIC) with Shemaroo’s Web3 debut, while Tms Network (TMSN) promises to provide the largest liquidity pools
Cryptocurrency projects are finding their way into various industries. TMS Network (TMSN) plans to integrate blockchain capabilities into traditional trading systems, while Polygon (MATIC) has entered Bollywood. However, Tron (TRX) is struggling with increased gas fees.
Read on to learn more about these projects.
Tron (TRX) Users See Gas Fee Increase; The token is trending at $0.06
The Binance platform has increased the withdrawal fee for Tron (TRX). The fee is increased between 160% and 1400% per withdrawal. Tron (TRX) founder Justin Sun has addressed the issue and has assured holders that he will be in talks with Binance owners about reducing the fee. The reason for the fee increase is the adoption of Proposal 83 by the Tron (TRX) community. The proposal moved the energy accounting mechanism to a dynamic energy model.
Justin Sun has informed Tron (TRX) users that he is actively looking for solutions that will reduce the increased fee soon. He wrote in his Twitter post that Tron (TRX) Network is committed to making crypto trading cheaper for everyone.
Tron (TRX) Network is known for offering faster, secure and affordable crypto trading. But Binance’s recent move has had an impact on its users. However, the problem should be resolved soon.
Tron (TRX) is currently trading at $0.06386, down 1.02% in the last 24 hours. Therefore, it does not seem like a good time to buy Tron (TRX).
Polygon (MATIC) reaches the Bollywood space while its token is sold at a price of $1.17
India’s popular media and entertainment company Shemaroo has announced its partnership with Polygon (MATIC). The merger will exclusively launch the company’s NFT marketplace on the Polygon (MATIC) network, which will be known as Virtsay.io.
The Polygon (MATIC) network will help the company list its NFTs inspired by popular Bollywood films. The display items on the Polygon (MATIC) based marketplace will be movie clips, images, metaverse avatars, etc.
Additionally, NFT owners can take their chosen movie characters into the Metaverse and also be a part of the epic cinematic journeys. The Polygon (MATIC) network will allow the NFT marketplace to serve users as a community-centric platform. Users receive rewards and earn Polygon (MATIC) tokens by engaging with the platform.
The entertainment company’s CEO stated that they would use innovative solutions from Polygon (MATIC) to introduce cutting-edge technology to Bollywood’s huge fanbase. However, the news has not yet impacted the price of Polygon (MATIC). It is currently trending at $1.18, down 9.01% in a day.
TMS Network (TMSN) users have access to the largest pool of liquidity
Crypto projects with larger pools of liquidity are considered better investments than others. Therefore, post-launch, TMS Network (TMSN) can potentially be the most desirable investment. The unique feature of TMS Network (TMSN) is that it allows trading on various asset markets as opposed to just cryptocurrencies. These options include Forex, CFDs and the stocks. TMS Network (TMSN) dealer community can buy and sell commodities in these sectors via cryptocurrencies.
This results in a larger pool of liquidity for traders to benefit from a wider range of markets. TMS Network (TMSN) traders will also be able to trade at better prices faster transactions through increased liquidity. Thus, the profits of the traders of the TMS Network (TMSN) will also increase. The platform is for everyone, regardless of their experience or physical location. It indicates that TMS Network (TMSN) will spread its network on a global scale.
Platform developers state that people can access the TMS network (TMSN) via their mobile devices. Additionally, the platform’s ICO (Initial Coin Offering) will raise funds to further develop the TMS Network (TMSN).
Its token sale started at $0.003 and is currently trending at $0.0047. Therefore, investors looking to take advantage of the TMS Network (TMSN) should keep in touch with its news.
Learn more about TMS below:
White Paper: https://tms-net.netlify.app/whitepaper.pdf
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetwork
Twitter: https://twitter.com/tmsnetworkio
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