Ripple (XRP) and Cardano (ADA) experience crucial times while TMS Network (TMSN) brings a glimmer of hope
Ripple (XRP) is an open-source permissionless DEX. The XRP ledger presents various use cases that are related to DeFi and micropayments. The architects of Ripple (XRP) released over 80 billion tokens so that the company could build use cases. Ripple (XRP) uses the Federated Consensus mechanism to validate transactions. Transactions are confirmed using consensus protocol, and all network servers process transactions as per the same rules. With Ripple (XRP), anyone can operate as a validator.
Cardano (ADA) is a blockchain platform built on the PoS consensus. Cardano (ADA) validates transactions without the associated energy costs. Cardano (ADA) uses Haskell as its programming language, which enables it to pursue development based on evidence. Cardano (ADA) is currently one of the largest crypto projects by market cap. Cardano’s (ADA) main aim is to enable smart contracts, and allow developers to build various dApps.
The launch of TMS Network (TMSN) brings with it new hope for traders. The biggest problem faced by traders was the lack of transparency with centralized platforms. TMS Network (TMSN)helped eliminate this, and other problems, by creating a decentralized trading platform. With TMS Network (TMSN), traders can now make financially sound trading decisions based on a complete analysis provided by the platform.
Massive movement of Ripple (XRP) seen after the shutdown of Signature bank
Several Ripple (XRP) transactions have been seen in the last 24 hours. The three main Ripple (XRP) transactions carried 200-300 million tokens. Overall, 916 million Ripple (XRP) tokens were shifted. Most of these Ripple (XRP) transfers occurred around the same time as the news of Signature Bank shutting down.
Signature Bank was the third crypto bank to shut down recently. While Ripple’s (XRP) CEO claims that this has not impacted its operations, the transactions speak otherwise. Ripple (XRP) is trading at $0.377, and experts believe that the price may fall further as repercussions of the bank shut down may be seen in the coming days.
Cardano (ADA) continues to drop
The viability of various crypto projects has been questioned due to the recent bear market. Cardano (ADA) has dropped almost 50% in value in recent times, and is currently priced at $0.30.
While Cardano (ADA) has tried to keep the bears away and failed, it is still attempting to fight the market slump. Cardano’s (ADA) chart shows that it dropped almost 15% in the last month, and investors are worried if this will continue dropping. Most market experts are claiming that new projects like TMS Network (TMSN) are worth investing in during these challenging times.
TMS Network (TMSN) is the only smart investment at the moment
As the rest of the market struggles to come to terms with the bears, TMS Network (TMSN) has managed to rise above all. With its price rising to $0.038, it is the right time to trust this platform. Traders are eagerly waiting for TMS Network (TMSN), as it takes away the problems associated with centralized platforms. As TMS Network (TMSN) continues to grow, the initial token investors stand to gain due to its revenue-sharing mechanism.
With stage 1 of TMS Network (TMSN) presale closing earlier than expected, potential investors are looking for the next available opportunity to jump on board this growing platform. The developers of TMS Network (TMSN) raised $700k during presales, in addition to $2 million through a private seed sale. This goes to show the confidence investors have in TMS Network (TMSN).
- Presale: https://presale.tmsnetwork.io
- Website: https://tmsnetwork.io
- Telegram: https://t.me/tmsnetwork
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