Inflation throughout the past few years has been heavy, and as such, investors are beginning to move away from traditional investments and are putting their sights on blockchain-based projects that can offer far greater returns in the long term.
The smartest investors will typically move money around during inflation or when the market crashes. Some of the most notable cryptocurrencies that have grabbed investor attention include Solana (SOL) and Ripple (XRP) . Aside from those projects, however, an ICO passed Stage 1 of its presale, known as TMS Network (TMSN), which has been getting a lot of attention in the Web3 space.
Solana (SOL)
Solana (SOL) is a blockchain network that has achieved high throughput and speed and utilizes the Proof-of-History (PoH) consensus model.
The Solana (SOL) coin is used across its ecosystem to help process transactions quickly and efficiently.
As of March 15, 2023, the Solana (SOL) cryptocurrency is trading at $19.07.
When we go over its all-time high, Solana (SOL) reached it on November 6, 2021, at a value of $259.96. This means that Solana (SOL) is trading at 92.73%, under its all-time high.
However, Solana (SOL) has a point of appeal for investors due to its vast ecosystem of Decentralized Applications (dApps). Despite the popularity of Solana (SOL), investors are also eyeing Ripple (XRP) and TMS Network (TMSN).
Ripple (XRP)
Ripple (XRP) is the native coin behind The Ripple (XRP) Ledger. It’s an open-source distributed ledger powered by servers that operate Peer-to-Peer (P2P).
The Ripple (XRP) coin is the native cryptocurrency utilized across the ecosystem.
The Ripple (XRP) cryptocurrency is trading at $0.362052 as of March 15, 2023.
On January 7, 2018, the Ripple (XRP) cryptocurrency reached its all-time high value of $3.40. As of March 15, the Ripple (XRP) coin is trading at 89.34% under its all-time high value.
Despite its recent bearish performance, Ripple (XRP) has potential for growth. For the time being, however, another project that completed its Stage 1 presale has gained a high level of appeal, and that project is TMS Network (TMSN).
TMS Network (TMSN)
TMS Network (TMSN) is a top-tier platform that can be utilized by millions of users on a global scale and is being developed as the first-ever blockchain–based trading platform that allows users to trade with cryptocurrencies directly.
On TMS Network (TMSN), users can trade stocks, FX, and CFDs with cryptocurrency payments directly, and all of this is possible without creating a separate, dedicated account on the platform.
New traders do not need to feel intimidated, as they have social trading features such as Copy Trader and can activate bots due to the MT4 and MT5 support.
The TMS Network (TMSN) token also provides a high level of utility, as those that hold it can get access to governance voting rights and even earn a commission fee on every trade that is made.
The TMS Network (TMSN) token is already 50% done with its Stage 2 presale, which is offered at a value of $0.038. Analysts familiar with the crypto market and the TMS Network (TMSN) token predict it can climb to $2.10 by the end of Q4, 2023.
Investors and traders interested in jumping into the TMS Network (TMSN) token early can do so by visiting all of the links below, where they can get the opportunity to engage with a project that has the potential to become a major force in the blockchain space.
With the spike in popularity, TMS Network (TMSN) can reach new heights in terms of its value moving forward.
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Source: https://www.thecoinrepublic.com/2023/03/19/tms-network-spikes-in-popularity-as-investors-look-towards-moving-money-around-during-heavy-inflation-solana-and-ripple-also-gain-appeal/