Ripple (XRP) and Cardano (ADA) finally had some green lights after trading in the red for several weeks. However, their growth has been eclipsed by an extraordinary rise of TMS Network (TMSN) during its presale. TMS Network (TMSN) has risen by more than 1100% in the first two stages of its presale.
Ripple (XRP) Defies Negative Market Sentiments
As Ripple (XRP) was already engaged in a legal tussle with the US-SEC, the collapse of Silver Valley Bank has created a new problem for the blockchain network. Ripple (XRP) CEO, Brad Garlinghouse, recently acknowledged that Ripple (XRP) had “some exposure” to Silver Valley Bank. Although Garlinghouse assured that Ripple (XRP) was in a “strong financial position,” he declined to share how much capital was stuck with the collapsed bank. Interestingly, the price movement of Ripple (XRP) has been upward, defying prevailing negative market sentiments. The price of Ripple (XRP) has increased by 1.09% in the last seven days. Ripple (XRP) is also up 1.27% on the monthly chart. Consequently, the current trading price of Ripple (XRP) is $0.37, which is 90.39% below its all-time high of $3.84.
Cardano’s (ADA) Djed Outruns Other Stablecoins
Cardano (ADA) founder, Charles Hoskinson, has echoed that algorithmic stablecoins are essential for fully realizing “the original vision of Bitcoin.” The Cardano (ADA) boss’ comments have come in the wake of the recent collapses of Silvergate and Silicon Valley Bank. Meanwhile, Cardano’s (ADA) Djed stablecoin has posted more growth than any other stablecoins in circulation. Cardano (ADA) has launched several upgrades in recent weeks, including Valentine Upgrade. Subsequently, Cardano (ADA) has witnessed an increase in its market standing. The price of Cardano (ADA) has increased by 5% in the last seven days. Currently, Cardano (ADA) trades at $0.35, which is 89% below its all-time high of $3.10. Cardano (ADA) is currently ranked 7th by market capitalization.
TMS Network (TMSN) Prepares Solid Foundations With 1100% Growth
With a unique business structure, TMS Network (TMSN) has established a blockchain protocol that allows individuals to trade in a variety of digital assets without facing issues like lower transaction speed, high fees, and limited transparency.
TMS Network (TMSN) has completed the first stage of its presale with a phenomenal growth rate. The presale round of TMS Network (TMSN) has raked investments worth $3 million in just three weeks of its launch. As a result, the price of TMSN tokens has surged from $0.003 to $0.038, indicating a price appreciation of 700%. TMS Network (TMSN) commission-sharing model has also become the talk of the town. This financial model will allow TMS Network to provide passive income to all TMSN token holders by distributing its earnings from the transaction fees.
The ecosystem of TMS Network (TMSN) is set to explode as it covers a plethora of digital assets, including cryptocurrencies, Forex, CFDs, and stocks. It will maintain enough liquidity on the platform, allowing users to finalize their trades on the network instantly.
TMS Network (TMSN) guarantees transparent and error-free trade activities. The platform supervises all trades by employing smart contracts, and eliminates the need for intermediaries. This allows traders to execute transactions on the platform at nominal costs. Every transaction on the network is recorded on a decentralized public ledger. Scalability is another quality of TMS Network (TMSN). This blockchain network can manage a surge in the number of transactions without lowering its speed. The network also highlights the significance of financial awareness among traders through its educational resources, such as trading signals and market analysis.
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetwork
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