Crypto Daily: Conflux (CFX), Filecoin (FIL) and TMS Network (TMSN) See Appreciation

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Bank failures and market turmoil have resulted from the announced hike in interest rates. With a crisis on the horizon, more investors and traders than ever before are moving their money toward alternative asset classes that can provide them with value and returns.

Out of them, some of the most notable coin and token options available include TMS Network (TMSN), Conflux (CFX), and Filecoin (FIL).

Today, we will review each cryptocurrency individually to see what options might best fill specific investors’ needs and expectations.

Conflux (CFX)

Conflux (CFX) is the native cryptocurrency that empowers the ecosystem. Conflux (CFX) features a scalable and decentralized network, offering high throughput and quick confirmation. It’s unique as it features GHAST, a consensus protocol that processes concurrent blocks without discarding them as forks.

Using the CFX coin, users can participate in the consensus on the network. Conflux (CFX) holders can essentially vote on the network governance decisions. The Conflux (CFX) coin is also used for staking, where the network will distribute rewards on all staked Conflux (CFX) tokens.

As of March 16, 2023, Conflux (CFX) is trading at $0.293766. We can see that CFX is trading at 82.24% under its all-time high point of value. The all-time high value of Conflux (CFX) was at $1.70, which occurred on March 27, 2021. In the last seven days, the CFX coin saw an increase in value of 52.56%, indicating interest in the coin.

Filecoin (FIL)

Filecoin (FIL) is a decentralized storage network that fills the role of being an incentivization layer on the InterPlanetary File System (IPFS). Filecoin (FIL) also stands out as it uses network participants’ idle, hard drive space and bandwidth to provide data storage and retrieval services in an open market.

The Filecoin (FIL) coin is utilized for a variety of different use cases in the ecosystem. The nodes can use Filecoin (FIL)on the network, and it can also serve the role of collateral for miners to participate in the ecosystem.

Filecoin (FIL) was trading at $5.71 as of March 16, 2023. The Filecoin (FIL) coin saw its all-time high on April 1, 2021, at $236.84. This means that it is now trading 97.55% lower in value.

However, Filecoin (FIL) has growth potential, and investors have been eying the coin as a result of this. But there is a newer token that has also caught a lot of attention: TMS Network (TMSN.

TMS Network (TMSN)

TMS Network (TMSN) is being developed as a top-tier platform that is intended to see usage by millions on a global scale. The project creates the first-ever blockchain-based trading platform that will provide complete freedom to enable anyone to trade stocks, FX, and CFDs with cryptocurrencies directly.

On top of TMS Network (TMSN), all users need to do is connect their cryptocurrency wallet and can begin making their trades immediately. TheTMS Network (TMSN) also features a copy trading feature, and the platform also benefits the token holders.

By having TMS Network (TMSN) as a token in their portfolio, investors will access governance voting rights, advanced trading tools, and a commission fee for every trade on the network.

Stage 1 of the TMS Network (TMSN) presale ended, and 50% of Stage 2 is completed. At this stage, TMS Network (TMSN) is offered at $0.038, and its value can grow to $2.05 by the end of Q4 2023. Investors and traders curious about the presale can view the links below to engage with the project.