The cryptocurrency market has been undergoing a period of great turbulence, with many top coins experiencing fluctuations in value. Cardano (ADA) and Solana (SOL), two popular cryptocurrencies, have seen a decline in investor interest and their market value. Meanwhile, TMS Network (TMSN), a relatively new player in the crypto space, has been steadily gaining traction among savvy investors.
Online Spat Involving Cardano (ADA) Founder Leads to Price Drop
Charles Hoskinson, the founder of Cardano (ADA), found himself embroiled in a heated exchange with a Redditor going by the username Demesisx. In an open letter, Demesisx accused Hoskinson of forming alliances with prominent alt-right figures such as Jordan Peterson and Tesla CEO Elon Musk. The dispute has escalated into a full-blown war, which has had severe implications for the price of Cardano (ADA), leading to a drop of up to 10%. As a result, the future of Cardano (ADA) hangs in the balance, and only time will tell whether the platform can recover from this setback.
As of today, the price of Cardano (ADA) stands at $0.349373, with a 24-hour trading volume of $723,672,374. Over the last 24 hours, Cardano (ADA) has experienced a 14.16% increase in value. With a live market cap of $12,121,566,051, Cardano’s (ADA) circulating supply amounts to 34,695,151,716, and the maximum supply stands at 45,000,000,000.
Is Solana (SOL) Losing its Shine? Investors Weigh In
Solana (SOL) utilizes a unique consensus algorithm, Proof of History, which enables faster transaction processing and lower fees. Solana (SOL) aims to solve the current limitations of blockchain technology by offering a highly efficient infrastructure capable of handling large-scale applications. With a growing ecosystem of projects and partnerships, Solana (SOL) is becoming increasingly popular among developers and investors seeking to build and deploy next-generation decentralized applications.
Similar to Cardano (ADA), the movement of Solana (SOL) has been slow in the last few months. Solana’s (SOL) market value had been high before a few hiccups, and regulatory problems reduced the price.
At press time, Solana’s (SOL) live price is $20.81, and its 24-hour trading volume stands at $1,353,692,007. Over the past 24 hours, Solana’s (SOL) value has increased by 15.33%. Moreover, Solana’s (SOL) live market cap amounts to $7,971,740,328, with a circulating supply of 383,097,775.
TMS Network (TMSN) Nears Completion of Stage 2 Presale
TMS Network (TMSN) is a recently launched decentralized exchange (DEX) in the world of cryptocurrencies. TMS Network (TMSN) provides users with a broad range of assets to trade, including equities, CFDs, cryptocurrencies, and forex. TMS Network (TMSN) stands out as the first DEX that allows users to invest in fiat assets using cryptocurrencies. Additionally, TMS Network (TMSN) is the only exchange that enables trading across all other exchanges without creating an account.
As a crypto-based platform, TMS Network (TMSN) allows developers to create decentralized applications (dApps) with smart contracts, providing investors and traders with advanced features and capabilities. Some of the features embedded in the platform include on-chain analytics, social trading, and arbitrage trading signals, among others.
TMS Network (TMSN) is undoubtedly the future of trading, and its introduction marks an essential milestone in the crypto world. TMS Network (TMSN) is approaching the conclusion of its second presale phase, and is valued at $0.038.
Conclusion
Recent market volatility in the cryptocurrency industry has led to massive fluctuations in the value of many leading coins. Notably, Solana (SOL) and Cardano (ADA) have experienced a decrease in investor interest. In contrast, TMS Network (TMSN) has been steadily gaining traction among informed investors.
Anyone curious about doing so, and using the TMS Network (TMSN) token as a hedge against the falling market, can do so using the links below.
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetwork
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