Robert Keen
Independent Analyst
Amidst the current 2023 crypto market rally, platforms like Avalanche (AVAX) and Ripple (XRP) feature prominently. Joining them in wowing investors is TMSN Network (TMSN), currently in its presale phase, a newcomer breaking ground in the world of cryptocurrency trading.
TMS Network (TMSN) - A first of it's kind decentralized trading platform
Crypto's progress has always been marked by innovative projects that bring new platforms to the market. TMS Network (TMSN) does just that. It is a platform built by traders for traders. First of all, this is a platform unlike traditional offerings. TMS Network (TMSN) is decentralized, functioning on a blockchain.
TMS Network (TMSN) also allows users to trade forex, digital currencies, assets, CFDs, and stocks at a speed traditional platforms can only dream of.
Not only that, TMS Network (TMSN) allows them to both deposit and withdraw cryptocurrency in real time without the presence or interference of third parties. Furthermore, by leveraging blockchain technology, TMS Network (TMSN) provides transactions with transparency and security at an affordable rate.
TMS Network (TMSN) was built to solve all the issues facing traditional trading platforms including scalability, social trading, risk management tools, price manipulation, and transaction speed among others.
It is no wonder investors are eager to get involved as it is still in its presale phase. TMS Network (TMSN) has already raised $2 million in a private seed sale and is currently trading at $0.0073.
The native token of the platform, $TMSN gives holders access to a mindblowing list of benefits that include premium service access, commission revenue sharing, voting rights, token burn and more.
Ripple (XRP) - A resilient crypto
Although Ripple (XRP) has had to battle a lot of regulatory issues over the past few years, the protocol has managed to stay afloat. In fact, it seems controversy only buoyed Ripple (XRP) into surpassing the market cap of numerous prominent alt coins not excluding Solana, and Polkadot.
Ripple (XRP), a centralized fintech system was launched for the purpose of resolving payment issues worldwide. The platform creates products that aid remittance, payment systems and exchange. Ripple (XRP) runs on a peer-to-peer trust network called XRP Ledger which utilizes the XRP native token in providing cheaper, faster and less energy-consuming services to users.
Furthermore, as 2023 rolled around, Ripple (XRP) saw a significant increase in price which analysts predicted would continue as the year progressed. As of February, the rally is still going strong with the crypto market's current bullish trend.
Investors continue to support Ripple (XRP) for its resilience and its ability to make transactions secure, and trouble free.
Avalanche (AVAX) - Riding on DeFi products demand
The increasing demand for DeFi products and services has increased greatly in recent years. This has caused the decentralized finance platform Avalanche (AVAX) to rally significantly in the current crypto market upsurge. By the end of January alone, Avalanche (AVAX) had already exceeded double its December price.
Avalanche (AVAX), as mentioned earlier, is a decentralized finance protocol built to supply crypto transactions at cheaper fees and in faster time. As one of the biggest platforms in the DeFi ecosystem, Avalanche (AVAX) offers a wide range of financial services from exchanging to lending and borrowing.
In order to better improve the services it provides, Avalanche (AVAX) collaborated with AWS and Chainlink to provide scalability solutions and secure hosting and reliable sources of data for protocols in the DeFi sector. As a result of these moves, Avalanche (AVAX) has seen an increase in adoption and growth in the current volatile economy.
Bottom line
Ripple (XRP), Avalanche (AVAX), and presale giant TMS Network (TMSN) are thriving in the crypto market. They are giving investors high hopes for the industry’s future. Jump aboard early to ensure that you can reap the rewards in the long run.
This article is sponsored
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Recommended Content
Editors’ Picks
Mastercard to settle stablecoin transactions in Asia-Pacific region with Australian platform
Stablecoins have long been considered the safer option for bringing crypto to the world. However, the recent few instances of stablecoin collapses have raised concerns regarding the same as well. Even so, Mastercard is attempting to widen its reach in the Asia-Pacific (APAC) region.
How IMX could respond to Immutable's new partnership with Polygon Labs as gaming tokens trend this week
Immutable X and Polygon Labs have partnered for Web3 game development acceleration. The partnership comes ahead of launching a zkEVM-powered platform for studios and developers and a day into the GDC. The news could fuel a 43% upswing for IMX as the hype around gaming tokens continues.
Bitcoin price nears $30,000 despite banking crisis; First Republic Bank crashes by 47% in a day
Bitcoin price has managed to pull itself away from the narrative of being correlated to the United States stock market and macroeconomic conditions. The biggest cryptocurrency in the world has been rallying for more than a week now despite the ongoing banking crisis in the country, which is close to bringing down another bank.
MANA eyes 21% gains thanks to the world’s largest event for the art and science of game making
Decentraland price is on a 10-day uptrend as it moves diagonally along an ascending trendline. MANA could ascend 21.68% from the current price to tag the $0.7330 resistance level last tested on February 21. The bullish thesis could be invalidated if the gaming token drops below the uptrend line at $0.6015.
Weekly Recap: Bank runs, stablecoin drama, Voyager bankruptcy hearing, threat to DOX Shiba Inu founder
US bank runs sent shockwaves through market participants, traders turned to Bitcoin and the “safe haven” narrative made a comeback. Binance’s $1 billion acquisition of bankrupt crypto lender Voyager is back on track with a ruling from a New York bankruptcy judge.