TMS Network leaves Stacks & Algorand in its wake with 900% gains
The cryptocurrency market is constantly evolving, and one network has taken the lead in this revolution: TMS Network (TMSN). With a staggering 900% gain, TMSN has left established players like Stacks (STX) and Algorand (ALGO) in its wake.
In this article, we’ll look at Stacks and Algorand and explore how TMS Network achieved this remarkable feat.
Stacks (STX)
Stacks is a decentralized blockchain platform that aims to bring the power of smart contracts and decentralized applications (dApps) to the Bitcoin ecosystem. Stacks (STX) uses a unique consensus mechanism that combines proof-of-work (PoW) mining with proof-of-transfer (PoX) to ensure security and efficiency.
By anchoring the Stacks (STX) blockchain to the Bitcoin network, Stacks enables users to earn Bitcoin (BTC) by participating in the network’s consensus process, providing an innovative incentive structure that benefits both users and developers.
Stacks also features an intuitive programming language that allows developers to create dApps using familiar syntax, making it more accessible and user-friendly for developers. With its focus on bridging the gap between Bitcoin and decentralized applications, Stacks (STX) aims to make blockchain technology more useful and accessible for everyday users.
The current price of STX is $0.892242, with a 24-hour trading volume of $115,583,749. This represents a -7.20% price decline in the last 24 hours but a 2.99% price increase in the past seven days. Stacks has a circulating supply of 1.4 billion tokens, giving it a market cap of $1,225,581,892.
Algorand (ALGO)
Algorand is a decentralized blockchain platform focusing on speed, security, and scalability. Algorand (ALGO) uses a unique consensus algorithm known as Pure Proof-of-Stake (PPoS) to validate transactions and create new blocks, ensuring fast and secure transactions.
With its focus on speed, security, and scalability, Algorand (ALGO) is well-suited for various applications, from financial transactions to digital identity management.
As of today, the price of Algorand (ALGO) is $0.220292, with a 24-hour trading volume of $76,503,503. ALGO has experienced a 2.35% price increase in the last 24 hours but a -1.33% price decline in the past seven days. The circulating supply of ALGO is 7.2 billion tokens, resulting in a market cap of $1,586,411,962. It’s worth noting that the price of ALGO, like any other cryptocurrency, can be volatile and subject to fluctuations based on various factors.
TMS Network (TMSN)
TMS Network, a decentralized blockchain-based trading platform, has surpassed expectations due to the recent surge in cryptocurrency prices. TMS Network (TMSN) has become a hot topic in the trading community by offering innovative trading solutions and utilities.
As cryptocurrency adoption grows, TMS Network is a much-needed development for traders looking to enhance their profitability and make sound trading decisions. TMS Network (TMSN) intuitive, multipurpose, and accessible interface sets it apart from traditional trading platforms, making it safer, faster, and more transparent based on the Ethereum chain.
TMS Network is the world’s first and most advanced digital trading platform that supports multiple assets, including cryptocurrencies, equities, Forex, and CFDs. With its robust trading tools, the platform provides users with an all-in-one trading and financial universe where they can conduct multiple transactions.
During the presale stage, TMS Network (TMSN) raised over $4 million, delighting investors. The TMSN token is currently trading at $0.5, a rise of over 100x from the presale price, and stage two of the ICO has started. TMS Network hopes to raise $12 million in funding through its ongoing ICO.
To know more about TMS Network (TMSN), check out these links below:-
Presale: https://presale.tmsnetwork.io
Whitepaper: https://tmsnetwork.io/whitepaper.pdf
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetworkio
Discord: https://discord.gg/njA95e7au6
