By all assessments, the crypto market has shaken off the brutal, unfavorable and volatile market conditions of 2023 behind it and is now enjoying intermittent, bits and pieces of market pumps and rallies. Hopefully this market trend continues for a long time. As the general crypt...
By all assessments, the crypto market has shaken off the brutal, unfavorable and volatile market conditions of 2023 behind it and is now enjoying intermittent, bits and pieces of market pumps and rallies. Hopefully this market trend continues for a long time.
TMS Network (TMSN)
Also, the TMS Network (TMSN) project features on-chain analytics, a social trading feature. It also helps with portfolio management and provides industry education, a strategy-building tool, and trading bots. It does not stop there for the TMS Network (TMSN) token holders. They will be able to take part in governance decisions through voting rights and enjoy commission revenue sharing.
Avalanche (AVAX)
Avalanche (AVAX) is a blockchain network with smart contract functionality and several distinctive features that its developers have incorporated which distinguishes it from others. Avalanche (AVAX) is endowed with various applications like decentralized applications (dApps), NFTs and GameFi.
Avalanche (AVAX) utilizes Directed Acyclic Graph optimized consensus mechanism which allows transactions to be conducted quickly and enables the platform to grow in an easy manner.
However, with all those amazing features, Avalanche (AVAX) unfortunately suffered a substantial drop of 90% during 2022’s bear market. Although there has been a mini rally since the start of the year, Avalanche (AVAX), alongside Ripple (XRP) have failed to impress investors.
Ripple (XRP)
To be succinct, the United States of America Securities and Exchanges Commission accused Ripple (XRP) of bypassing securities law. However, Ripple (XRP) has stated that the XRP token is not a security but a blockchain-derived asset.
In layman terms, the Securities and Exchange Commission says the sale of Ripple (XRP) is a violation of its securities laws. While Ripple (XRP) on the other hand says the Ripple (XRP) is not a security as there were no contracts.
For a couple of years now, the narrative of Ripple (XRP$ is centered on this unending lawsuit while it continues to send jitters in the blockchain ecosystem. At the moment, there is no guarantee that Ripple (XRP) will record a legal victory which has continually wreaked havoc on Ripple (XRP)’s pricing.
However, on the flip side, TMS Network (TMSN) continues to enjoy 900% market gains while Avalanche (AVAX) and Ripple (XRP) fail to impress its investors.