The post Ripple Provides $1 Million Earthquake Relief, Cardano Launches Valentine Upgrade, TMS Network’s Revenue-sharing Scheme Attract Bulls appeared first on Coinpedia Fintech News
The crypto market has witnessed several developments in the past few months. Such dynamism has also kept some projects on their toes. Ripple (XRP) and Cardano (ADA) are two such cryptocurrencies. Their price movements have seen a mix of ups and downs lately. However, a new project, TMS Network (TMSN), has posted an exemplary growth prospect during its presale. The presale round of TMS Network (TMSN) is getting sold out fast. Notably, TMS Network (TMSN) has already received $2 million through private seed sale in an incubator fund.
Ripple (XRP) Joins Other Cryptos To Help Earthquake Victims
Ripple has announced that it would donate $1 million in XRP to earthquake victims in Turkey and Syria. Besides Ripple (XRP), many other crypto projects have also come forward to support the earthquake victims. Ripple (XRP) will provide the funds to NGOs working for the victims. Meanwhile, Ripple (XRP) is awaiting the final order on the lawsuit filed against it by the SEC. The price of Ripple (XRP) has fallen by 5% in the last seven days. However, Ripple (XRP) is trading 3% higher on the monthly chart. Currently, Ripple (XRP) trades at $0.40, which is 89.67% below its peak of $3.84.
Cardano (ADA) Gets Benefited By Valentine Upgrade
Giving its users a gift on February 14, Cardano (ADA) launched the Valentine upgrade. With this upgrade, Cardano (ADA) aims to improve the interoperability and security features of the network. As the number of dApps on the Cardano (ADA) network has increased in recent times, an upgrade enhancing cross-chain functionality will help developers build more. The upgrade has positively impacted the price of Cardano (ADA). The price of Cardano (ADA) has increased by 3.37% in the last week. On the monthly chart, Cardano (ADA) has jumped by 16%. Currently, Cardano (ADA) is being traded at $0.40, which is 87% below its all-time high of $3.10.
TMS Network’s (TMSN) Presale Roars Strongly
TMS Network (TMSN) is the first-of-its-kind blockchain-based trading platform that has attracted millions of crypto investors from across the globe. TMS Network (TMSN) has also established a protocol for instant withdrawals and deposits of digital assets on a single user interface. The platform is not limited to crypto trading, and also allows the trade of CFDs, stocks, and Forex. This feature keeps enough liquidity on TMS Network (TMSN), which allows traders to execute their trades in less time.
Since it has been developed on the blockchain, the platform offers security and transparency in all trading activities. TMS Network (TMSN) utilizes smart contracts to run all trading activities on the platform, and all transactions are recorded on a public ledger. Consequently, there is no place for intermediaries on the platform, due to which traders can invest in a broad range of digital assets at lower costs. One of the most crucial aspects of TMS Network (TMSN) is its scalability, which can easily handle an increasing number of transactions without compromising speed.
Noticeably, TMS Network (TMSN) has a commission revenue model. TMS Network (TMSN) charges a small commission on each transaction and distributes it among holders of TMSN tokens. TMS Network (TMSN) also allows traders to conduct their market research before making an investment decision. Due to its several use cases, TMS Network’s (TMSN) presale has garnered huge attention in the crypto world. The presale of the platform began at $0.003, and has risen to $0.0047.
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