Crypto whale activity boosts Cardano and XRP in March. Could TMS Network presale 10X attract their attention, too?
The markets are encouragingly green, and many tokens have seen phenomenal gains since the start of the year. Whales – large industrial-scale investors – have gobbled up XRP and Cardano, having a positive impact on the price. Now whales are eyeing TMS Network and its capacity to drive large profits.
Cardano (ADA) – Future proofing itself through unique tokenomics
Cardano is a third-generation blockchain platform known for its peer-reviewed research approach and emphasis on sustainability, scalability, and interoperability. Attracting investors to Cardano (ADA) is the role played by its native token, ADA, in the blockchain’s treasury system. Cardano’s treasury system fosters long-term development and sustainability by providing funds for future projects and improvements.
Unlike other cryptocurrencies, a portion of each ADA transaction fee is directed to the treasury, creating a continuous funding source for the Cardano ecosystem. Additionally, when the platform generates new ADA tokens through staking rewards, a percentage of these tokens are added to the treasury. This self-sustaining financial model is intended to keep the Cardano ecosystem innovative and adaptable over time, even as the project outlives its initial creators and development teams.
The Cardano community plays a critical role in determining which proposals receive funding from the treasury through a decentralized voting process.
XRP – Cross border payment mechanism still has investors hopes up
XRP is a digital asset and real-time gross settlement system designed to facilitate cross-border transactions at low cost and high speed. A unique feature of XRP is its consensus method, the Ripple Protocol Consensus Algorithm (RPCA). Unlike Bitcoin or Ethereum, which rely on energy-intensive Proof of Work algorithms, or Cardano, which utilizes Proof of Stake, XRP’s consensus model is an entirely different approach to achieving network agreement.
The RPCA uses a process called “consensus through validators”, where a predetermined set of trusted nodes or validators maintain the integrity of the XRP network. Each validator maintains a unique node list (UNL) consisting of other trustworthy validators. During each consensus round, validators communicate and compare transaction sets in their candidate ledgers, eventually agreeing on a single ledger version. This process ensures a high degree of decentralization while reducing the energy consumption associated with traditional blockchain consensus mechanisms.
Another unusual feature of XRP is the deflationary nature of its token economics. A small amount of XRP is destroyed as a transaction fee each time a transaction occurs on the network. Over time, this decreases the total XRP supply, which can affect its value as the supply diminishes.
TMS Network (TMSN) – Feature-packed exchange courts massive returns
As a new Ethereum-driven decentralized exchange, TMS Network (TMSN) is packing a solid trading punch with its expansive suite of offerings. Due diligence of the trading environment has proven several instances where existing exchanges do not cut it. TMS Network is banking that their system plugs these holes.
One of the biggest issues in the trading world lies in the variety of tradable assets. Uniswap, for instance, only allows the trading of ERC-20 tokens. TMS Network has developed a system where cross-chain transactions are possible.
Solving governance issues and improving security, the tokenomics of TMS Network gives ownership of the platform to its users. TMSN token holders can vote on governance issues and get a share of the profits generated through trading.
With all transactions recorded on the Ethereum blockchain, TMS Network is fully transparent, which mitigates the risk of fraud and counterfeiting. After selling out half a million dollars worth of tokens in the first presale phase, TMS Network (TMSN) is now in its second presale phase, where investors can get tokens at $0.038.
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