So, why did Dogecoin (DOGE) miss its shot while Solana (SOL) and TMS Network (TMSN) are performing well?

It’s Elon Musk’s Dogecoin (DOGE)

Dogecoin (DOGE) was trading in the red till the end of March. At the beginning of April, Elon Musk sneakily changed Twitter’s classic blue bird logo with the Dogecoin (DOGE) logo. This came as a pleasant surprise to Dogecoin (DOGE) investors who were worried that Elon Musk may have abandoned Dogecoin (DOGE) to focus on Artificial Intelligence (AI) technologies.

Within a day, Dogecoin (DOGE) appreciated by 30%. It seemed like Dogecoin’s (DOGE) biggest advocate was back. Then, Elon Musk decided to return to the little birdie without warning, dropping Dogecoin (DOGE) to its fate yet again. Dogecoin (DOGE) plummeted hard and lost almost 10% of its value in one day.

Dogecoin (DOGE) has been trying hard to stay afloat in the crypto market. It has missed several opportunities to wow its users in a long time. The increasing competition in the crypto market has further pushed Dogecoin’s (DOGE) appeal down. What’s more, other blockchains are zooming past it. Dogecoin (DOGE) has to ensure it expands its appeal beyond a meme coin and Elon Musk.

Solana (SOL) is Building Value Slowly

Solana (SOL) uses blockchain technology to help developers build DeFi solutions. Solana (SOL) lost over 90% of its value after the FTX collapse. However, it seems to have come out of the fiasco and has been building up.

Solana (SOL) network has not been in a massive bull run but has been appreciating in value. The one thing keeping Solana (SOL) from growing is the long-standing issue of outages. Recently, the network was down for more than 20 hours, and all activities on the network stopped. However, Solana (SOL) had been rising on the back of the news about Solana (SOL) Mobile. The smartphone launched by Solana (SOL) is a product of the partnership between Android and Solana (SOL).

Solana (SOL) has been rising since April 10 in anticipation of the smartphone launch on April 13. It has appreciated by more than 20% and continues to rise.

TMS Network (TMSN) is Making Big Jumps

TMS Network (TMSN) has been riding a bull wave since stage 1 of its presale was announced. The unique use case of TMS Network (TMSN) and the need gap it bridges is the main driver of its growth. The decentralized exchange allows traders to trade cryptocurrencies and CFDs alongside traditional asset classes like stocks and forex. Such a use case is a huge step toward bridging TradFi and DeFi. Traditional traders also benefit from transparency, cheaper transaction fees, and quick speed of transactions.

TMS Network (TMSN) raised around $500,000 in stage 1 presale at $0.025. As the news about TMS Network (TMSN) spread in the crypto community, the demand for the token touched new highs. The investment amount in the stage 2 presale jumped to nearly $4 million, and its price rose to $0.05. Now, TMS Network (TMSN) has entered stage 3 presale, which is 40% complete, and the price of TMS Network (TMSN) has climbed to $0.08.

TMS Network (TMSN) is rallying and has already registered 3,000% returns. With the support behind TMS Network (TMSN) growing stronger by the day, experts are placing the post-launch returns between 5,000% and 7,000%.