Cryptocurrency investment has become one of the most popular investing trends in recent years, and with that popularity has come an influx of new coins, tokens, and protocols. In this article, we’ll take a look at the recent success of Litecoin (LTC)’s hashrate, why whales are moving millions of Ripple (XRP) tokens, and how TMS Network (TMSN) is skyrocketing ahead of its competitors.
Litecoin (LTC) enters a bearish cycle
The recent record high in Litecoin’s (LTC) hashrate may be indicative of positive network activity, since LTC has been one of the strongest big-cap assets over the past few months. The Litecoin (LTC) hashrate recently reached a new all-time high of about 680 TH/s. An increase in the network’s hashrate follows a recent surge in the price of Litecoin (LTC), which has seen a 50% increase in the past three months, and is now trading at over $80 per coin. Litecoin (LTC) has outperformed popular tokens such as Ethereum since its 2022 low of $40.60 in July, increasing by almost 125% in that time. However, forecasts for this week’s Litecoin (LTC) price are negative, according to market analysis. Starting at $89.65, the price has fallen to its current level of $88.02, a decrease of 0.44% in just 24 hours. The year started out well for Litecoin (LTC), as bulls had the upper hand and pushed the price up to $89.65. However, they were unable to maintain their momentum and Litecoin’s (LTC) price began to drop.
Ripple (XRP) price declines despite significant whale movements
Whale Alert, a leading cryptocurrency activity alert service, reports that an unidentified investor sent 253.59 million Ripple (XRP) coins, worth $103.26 million to an unidentified address. Experts of the Ripple (XRP) token have confirmed that the money has not been lost, and that the address of the recipient still has a balance of 253.59 million. As of this writing, the true reason behind the move of Ripple (XRP) tokens remains unknown. The platform also noted another significant Ripple (XRP) movement in the last 24 hours. Yesterday, a whale with an anonymous identity transferred $65.53 million worth of Ripple (XRP) to another unidentified address. Given that Ripple (XRP) vs. SEC litigation is nearing its conclusion, it is not surprising to see crypto whales develop enormous interests in Ripple (XRP). The lawsuit’s conclusion will likely have a significant impact on the value of Ripple (XRP). This week, however, Ripple (XRP) has been falling in value. At the time of writing, Ripple (XRP) costs $0.41. The current price of Ripple (XRP) is over 89.35% less than the all-time high of $3.84.
Demand for TMS Network (TMSN) surpasses other popular tokens
Investors have been looking for better alternatives to the current trading platforms for a long time. To meet this burning requirement, TMS Network (TMSN) has entered into the crypto arena. TMS Network (TMSN) has been built with the primary goal of revolutionising the crypto market by providing a comprehensive decentralized trading platform. Disrupting the traditional trading models, TMS Network (TMSN) is the first-of-its-kind decentralized trading platform that offers an efficient way for traders to trade in several digital assets, including cryptocurrencies, CFDs, stocks, and Forex, using crypto for making payments. Additionally, the platform allows for instant deposits of all digital assets with a single user interface.
TMS Network (TMSN) is built on blockchain technology, and ensures transparency and security. TMS Network (TMSN) has smart contracts to manage all trades on the platform. All transactions on TMS Network (TMSN) are recorded on a public ledger. Moreover, there are no intermediaries on the platform. Due to the absence of intermediaries, traders get to invest in a wide range of assets on TMS Network (TMSN) at lower costs. Scalability is also a prominent feature of the platform. TMS Network (TMSN) can easily accommodate an increasing number of transactions while maintaining its fast speed.
With its educational resources, such as market analysis and trading signals, TMS Network (TMSN) helps its users conduct their research before making a value-based investment. TMS Network (TMSN) is not limited to cryptocurrencies, and allows the trading of stocks, CFDs, cryptocurrency, and Forex, all in one place. This increases liquidity on the platform, allowing traders to execute their trades more quickly.
Experts believe that TMS Network (TMSN) will raise millions during its presale. They believe that TMS Network (TMSN) can become the market leader in a short span. The presale will grant investors the native token of the platform, which will fuel the entire ecosystem of TMS Network (TMSN). TMS started at $0.003 and is now at $0.0047 get in before the next jump!
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetwork
Twitter: https://twitter.com/tmsnetworkio
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