As the cryptoverse awaits the agonizingly long outcome of Ripple’s (XRP) court battle with the SEC, Monero (XMR) and Ripple (XRP) are reaping the benefits of a resurgent market. Not to be outdone by the established tokens, TMS Network (TMSN), a new decentralized exchange, is running away with the spoils in its presale phase.
Ripple (XRP) – Ongoing court drama not a deterrent to growth
The Securities Exchange Commission seems determined to waste its own time by going after Ripple (XRP) as an unregistered security, in a move which many market experts are asking, “what for?” Rahul Advani, Ripple’s head of the Asia Pacific region, declared that over 90% of all Ripple (XRP) activity lies outside of America, outside the SEC’s jurisdiction.
While inside the borders of the USA, crypto enthusiasts may be eagerly awaiting the outcome of the Ripple (XRP) court case, in the rest of the world, it is business as usual for Ripple. In year-to-date figures, as the first quarter of 2023 comes to a close, Ripple (XRP) is up a respectable 22%.
With Ripple being the fourth largest coin by market cap and trading volume, the SEC’s litigious court case is no deterrent for crypto pundits who believe in the long-term viability of Ripple (XRP).
Monero (XMR) – Absolute anonymity balances the good with the bad
Monero is a privacy-focused cryptocurrency that offers users high anonymity and security. Monero (XMR)’s CryptoNight Proof-of-Work (PoW) algorithm is designed to be ASIC-resistant, meaning that it is less vulnerable to specialized mining hardware, which has the potential to centralize mining power in the hands of a few large players.
CryptoNight achieves ASIC resistance by requiring a large amount of memory for mining, making it more suitable for CPUs and GPUs. This design choice promotes decentralization and encourages more people to participate in the Monero mining process, further strengthening the Monero (XMR) network’s security and privacy features. Monero regularly updates its protocol to maintain ASIC resistance and thwart any attempts at monopolizing the mining process.
This emphasis on decentralization and privacy has made Monero (XMR) one of the preferred cryptocurrencies for those seeking anonymity in their online transactions, making it popular among privacy advocates, activists, and even cybercriminals.
Seeing an early uptick in January, XMR slumped 13% in the middle of March but recovered 18% to end the quarter, a paltry 5% higher than New Year’s day.
TMS Network (TMSN) – Presale buy-in predicts profitable initial coin offering
The cryptosphere has come to expect large profits in bull run periods, and pundits are unlikely to be happy with three-month returns barely making it to 5%. This is why smart investors have turned to TMS Network (TMSN) presale. The new decentralized exchange has attracted investors through its unique product offering and tokenomics.
TMS Network (TMSN) held a private seed sale through an incubation fund and raised over $2 million of liquidity. Shortly afterward, they sold out their first presale phase in under two weeks, adding another half a million.
Investors are excited by TMS Network’s (TMSN) profit potential. TMS Network (TMSN) is more than a governance token; it’s a mark of ownership. TMS Network is fully decentralized and uses the robust Ethereum blockchain to drive operations.
The smart contract TMS Network (TMSN) is built on distributing global earning profits equitably among all those who hold TMSN tokens, generating income for its users even in bear markets.
Phase two of the TMS Network (TMSN) presale is underway, and investors can follow the smart money by acquiring tokens at $0.038.
For more information, follow the links below:-