TMS Network's (TMSN) Unstoppable 2500% Growth in Presale Phase Sends Optimism (OP) and USD Coin (USDC) Packing
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The crypto industry is currently in a state of flux, with various developments and trends shaping the space's future.
Two tokens that have received negative attention recently are Optimism (OP) and USD Coin (USDC). Both tokens have been lagging behind in terms of revenue and growth compared to their peers.
In contrast, TMS Network (TMSN) has emerged as a standout player in the market, with a staggering 2500% growth in its presale phase.
Optimism (OP) has lost ground to Arbitrum's new AirDrop. The revenue generated by Optimism (OP) has been declining, leading to a drop in value stored on smart contracts on the network.
This decline is significant, considering that other solutions such as Polygon and Arbitrum have continued to thrive.
The declining TVL of Optimism (OP) has contributed to a decrease in revenue generation, further compounding the problem.
Even with Coinbase's recent partnership and allocation of part of its sequencing fees collected by Base to Optimism's (OP) Retroactive Public Goods Funding, the revenue generation of Optimism has been falling.
The declining trend and increased competition from other L2 chains have not boded well for Optimism (OP).
USD Coin (USDC) has been facing issues with growth and revenue generation. The Noble development team has announced that the USD Coin (USDC) token will be accessible on the Cosmos ecosystem through the Noble network. Still, no specific launch date has been provided.
The introduction of USD Coin (USDC) on the network is expected to generate liquidity in the Cosmos ecosystem.
However, the fact remains that USD Coin (USDC) has not yet made significant strides in the
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