Litecoin’s (LTC) adoption of ordinal inscriptions follows Bitcoin’s lead, PayPal names Bitcoin Cash (BCH) in its crypto holdings, While TMS Network (TMSN) concludes Stage 1 of Presale

Bitcoin Cash (BCH) was forked from Bitcoin in 2017. A fork happens when a blockchain changes its protocol, resulting in a new blockchain. Bitcoin Cash (BCH) was created by the community to have something cheaper and better suited for everyday transactions. Bitcoin Cash (BCH) is available through many exchanges, and various finance apps.

LTC is Litecoin’s native currency. Litecoin (LTC) was called the silver to Bitcoin’s gold, and was developed to enable faster transactions than its predecessor. Litecoin (LTC) was also meant to be more scalable and was founded on the bitcointalk forum in 2011. Litecoin (LTC) has a total capped supply of almost 84 million tokens. Litecoin’s (LTC) all-time high came in 2021 when it touched $412.96, however, it has fallen since.

The upcoming decentralized trading platform by TMS Network (TMSN), will provide traders with a wider market. TMS Network (TMSN) is also looking to support features such as instant deposits and withdrawals. TMS Network’s (TMSN) ICO, whose stage 1 is sold out, is a great opportunity to get involved at an early stage, and be part of trading’s future.

Bitcoin Cash’s (BCH) performance has been below par

PayPal has recently revealed that it holds millions in various cryptos, including Bitcoin Cash (BCH). PayPal’s total holdings in Bitcoin Cash (BCH) aren’t clear, however, it holds a total of $604 million in all cryptos.

Bitcoin Cash’s (BCH) price has plummeted by almost 9% recently, and it stands at $139.07. While this is way below Bitcoin Cash’s (BCH) all-time high of $412.96, the decline is not much compared to the rest of the market. Experts say that the market’s bearish outlook has been the cause of Bitcoin Cash’s (BCH) decline.

Digital collectibles are possible with Litecoin (LTC)

With the growing trend of ordinal inscriptions on Bitcoin’s blockchain, Litecoin (LTC) has ported the technology to its network. Litecoin’s (LTC) inscriptions have crossed 13,000, which was made possible by Anthony Guerrera, a software developer. Litecoin (LTC) users were pleased to hear the news that Guerrera accepted an offer of 22 Litecoin (LTC) tokens to port the technology to its network.

Although Litecoin’s (LTC) network has differences, its codebase is similar to that of Bitcoin. This made ordinal inscriptions possible on Litecoin’s (LTC) network. Since the news was shared, Litecoin (LTC) based ordinals have grown, and the trend doesn’t seem to be slowing down. How this impacts Litecoin’s (LTC) token price, which is currently at $94.46, is yet to be seen.

TMS Network’s (TMSN) new platform provides increased liquidity to traders

TMS Network’s (TMSN) decision to launch a decentralized trading platform has been well-received by traders globally. Their appreciation can be seen in TMS Network’s (TMSN) token price of $0.025, which has surged 700% during stage 1 of its presale. The developers at TMS Network (TMSN), follow a revenue-sharing mechanism that rewards token holders when the trading volume increases. TMS Network (TMSN) had raised $2 million in a private seed sale. Moreover, TMS Network (TMSN) has raised an additional $500K during stage 1 of presale.

Presale: https://presale.tmsnetwork.io

Website: https://tmsnetwork.io

Telegram: https://t.me/TMSNetworkIO

Twitter: https://twitter.com/tmsnetworkio

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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