Cardano (ADA) and Solana (SOL) lose steam while TMS Network (TMSN) gains traction
The cryptocurrency market has been through a period of great turbulence, with many top coins experiencing fluctuations in value. Cardano (ADA) and Solana (SOL), two popular cryptocurrencies, have seen a decline in investor interest and their market capitalization. Meanwhile, TMS Network (TMSN), a relatively new player in the crypto space, has steadily gained a foothold among savvy investors.
Online spat involving Cardano (ADA) founder leads to price drop
Charles Hoskinson, the founder of Cardano (ADA), found himself embroiled in a heated exchange with a Redditor with the username Demesisx. In an open letter, Demesisx accused Hoskinson of forming alliances with prominent alt-right figures such as Jordan Peterson and Tesla CEO Elon Musk. The dispute has escalated into a full-blown war, which has had serious implications for the price of Cardano (ADA), leading to a drop of up to 10%. As a result, the future of Cardano (ADA) hangs in the balance, and only time will tell if the platform can recover from this setback.
As of today, the price of Cardano (ADA) stands at $0.349373, with a 24-hour trading volume of $723,672,374. Over the past 24 hours, Cardano (ADA) has experienced a 14.16% increase in value. With a live market cap of $12,121,566,051, Cardano’s (ADA) circulating supply is 34,695,151,716, and its cap supply is 45,000,000,000.
Is Solana (SOL) losing its shine? Investors weigh in
Solana (SOL) uses a unique consensus algorithm, Proof of History, which enables faster transaction processing and lower fees. Solana (SOL) aims to solve the current limitations of blockchain technology by providing a highly efficient infrastructure capable of handling large applications. With a growing ecosystem of projects and partnerships, Solana (SOL) is becoming increasingly popular among developers and investors looking to build and deploy next-generation decentralized applications.
Like Cardano (ADA), the movement of Solana (SOL) has been slow in recent months. Solana’s ( SOL ) market cap had been high before a few hiccups, and regulatory issues reduced its price.
At press time, Solana’s (SOL) live price is $20.81, and its 24-hour trading volume is $1,353,692,007. Over the last 24 hours, Solana’s (SOL) value has increased by 15.33%. Also, Solana’s (SOL) live market capitalization stands at $7,971,740,328, with a circulating supply of 383,097,775.
TMS Network (TMSN) nears completion of stage 2 presale
TMS Network (TMSN) is a newly launched decentralized exchange (DEX) in the world of cryptocurrencies. TMS Network (TMSN) provides users with a wide range of assets to trade, including stocks, CFDs, cryptocurrencies and forex. TMS Network (TMSN) stands out as the first DEX that allows users to invest in fiat assets using cryptocurrencies. In addition, TMS Network (TMSN) is the only exchange that enables trading across all other exchanges without creating an account.
As a crypto-based platform, TMS Network (TMSN) allows developers to create decentralized applications (dApps) with smart contracts, providing investors and traders with advanced features and capabilities. Some of the features built into the platform include chain analysis, social trading and arbitrage trading signals, among others.
The TMS Network (TMSN) is undoubtedly the future of trading, and its introduction marks an important milestone in the crypto world. TMS Network (TMSN) is approaching the conclusion of its second presale phase, and is valued at $0.038.
Recent market volatility in the cryptocurrency industry has led to massive fluctuations in the value of many leading coins. In particular, Solana (SOL) and Cardano (ADA) have experienced a decline in investor interest. In contrast, TMS Network (TMSN) has steadily gained traction among informed investors.
Anyone curious to do so, and use the TMS Network (TMSN) token as a hedge against the falling market, can do so using the links below.
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