Monero (XMR) Stagnates with Growth, Stacks (STX) Sees Increased Momentum and TMS Network (TMSN) Presale Explodes in Popularity
Photo: TMS Network
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Across the Web3 space, there are over 23,000 cryptocurrencies for traders and investors. As such, the choice might seem difficult for many. However, this does not always have to be the case, as there are specific projects that stand out.
One such project is TMS Network (TMSN), which can revolutionize how users trade derivatives through Web3 technology.
To see why this project specifically has gathered a high level of attention, we will be comparing it to Stacks (STX) and Monero (XMR).
Stacks (STX)
Stacks (STX) is a scalable layer on top of Bitcoin that enables smart contract functionality. All of the transactions that occur on top of the Stacks (STX) layer gets settled on Bitcoin. As for its native cryptocurrency, Stacks (STX) is used for governance and for staking.
When we go over the value of Stacks (STX), on April 12, 2023, it was trading at $0.929979. The all-time high was achieved on December 1, 2021, at $3.39. As for its recent performance, in the last seven days, Stacks (STX) increased by 5.7%. The Stacks (STX) cryptocurrency also saw an increase in value of 24.8% in the last 30 days. Alongside Stacks (STX), investors and traders have been eyeing two other altcoins.
Monero (XMR)
Monero (XMR) is a private and secure cryptocurrency that aims to be untraceable. Monero (XMR) also utilizes the Proof-of-Work (PoW) consensus model, and its primary focus is to enable the usage of ring signature cryptography and stealth addresses, to make transactions private and anonymous.
Through Monero (XMR), users can utilize technologies to obfuscate transactions and achieve both anonymity and fungibility.
Going over Monero (XMR)’s value, on April 12, 2023, it was trading at $160.46. The all-time high behind Monero (XMR) was on January 9, 2018, at $542.33. In regards to its historical performance, in the last 30 days, Monero (XMR) increased by 6.4$. In the last seven days, its increase was at just 1.1%. It’s clear that Monero (XMR) is stagnating in value, and as such, many investors and traders are looking at alternatives such as TMS Network (TMSN).
TMS Network (TMSN)
TMS Network (TMSN) is a decentralized trading platform built on top of the Ethereum blockchain. Its main functionality is to enable users the ability to trade all derivatives through cryptocurrency payments.
All users need to do in order to access the platform is to connect a cryptocurrency wallet simply. This means no account is required to access and begin trading any derivative on top of TMS Network (TMSN).
There are numerous features on top of TMS Network (TMSN), such as copy trader, MT4, and MT5 integration, among a high level of utility for its native token.
The TMS Network (TMSN) token provides users access to governance, advanced trading features, and the ability to earn commissions from the trading volume across the platform.
At the current presale stage, which is at Stage 2, the TMS Network (TMSN) token is trading at $0.075. Analysts and experts in the Web3 space have predicted that the token can climb to $2.1 by Q4, 2023.
As such, any investor or trader can view the links below to sign up for the TMS Network (TMSN) presale and get the token early before it explodes in value.
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