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Last week was one of the most volatile periods yet in the crypto industry for 2023. Bitcoin (BTC) surged 20% and carried the rest of the industry on its shoulders. While the entire industry benefited from the surge, unique developments within the ecosystem of Near Protocol (NEAR), TMS Network (TMSN), and Stacks (STX) helped them achieve exaggerated gains that eclipsed anything posted by other tokens.
Near Protocol (NEAR)
Think of Near Protocol (NEAR) as a decentralized, blockchain-based cloud computing system. Near Protocol (NEAR) is a community-run cloud computing platform that solves many issues plaguing centralized cloud platforms. Near Protocol (NEAR) can process 100,000 transactions per second with sub-second finality. The transaction costs are cheap, and interoperability is high on Near Protocol (NEAR).
Near Protocol (NEAR) has also taken several steps to make its adoption by developers effortless. For one, Near Protocol (NEAR) uses human-readable addresses, instead of jumbled up characters. Near Protocol (NEAR) also offers modular components that help developers with their specific use cases like smart contracts, NFTs, etc.
Close on the heels of a market-wide surge, Near Protocol (NEAR) announced its partnership with Alibaba to support Web3.0 development in Asia. Investors doubled down on their investment in Near Protocol (NEAR), which made its prices soar.
TMS Network (TMSN)
TMS Network (TMSN) is a new decentralized exchange that supports the trading of fiat and crypto assets. TMS Network (TMSN) users can trade cryptos, CFDs, forex, and equity instruments. Perhaps, the biggest advantages TMS Network (TMSN) offers are privacy, transparency, and anonymity. Users can trade on TMS Network (TMSN) without creating an account or undergoing KYC verification. They also get cutting-edge features like social trading, arbitrage trading signals, AI trading bots, strategy builder, etc.
Just as the crypto market witnessed vigorous buying activity, TMS Network (TMSN) was fresh out of its halfway milestone to the $12 million target for its ICO. And, it took only 4 rounds of presale to get there. So, retailers who were timing their entry into TMS Network (TMSN) had found just the moment they were waiting for. As investment came pouring into TMS Network (TMSN), it shot up 300% to wrap up the week on a high note.
TMS Network (TMSN) is predicted to be the next 1,000x token. At its current price of $0.105, TMS Network (TMSN) is a bargain.
Stacks (STX)
Stacks’ (STX) fate is irrevocably tied to that of Bitcoin (BTC). When the news of Blackrock’s plans for Bitcoin ETF hit the shelves, Bitcoin (BTC) went vertical. Since Stacks (STX) is a layer-2 scaling solution for Bitcoin (BTC), it was only natural that Stacks (STX) followed suit. However, what’s interesting is that Bitcoin (BTC) is a giant, and it can only move so fast. On the other hand, Stacks (STX) is a fledgling crypto with a small market cap. So, even as Stacks (STX) replicated Bitcoin (BTC) in its uptrend, it experienced 1.5x to 2x its growth.
Stacks (STX) brings smart contracts and dApps to Bitcoin (BTC). So, investors looking to invest in Bitcoin (BTC) increasingly find investing in Stacks (STX) a better way to do the same. So, Stacks (STX) will continue to grow at a rapid pace.
For more information on TMS Network (TMSN):
Presale: https://presale.tmsnetwork.io/
Website: https://tmsnetwork.io/
Telegram: https://t.me/tmsnetworkio
Twitter: https://twitter.com/tmsnetwork_io
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.
