Recent weeks have seen some big gainers, and a few heavy losers. Thus, there is no surprise that whales have moved toward the projects in the green zone. Stacks (STX) and TMS Network (TMSN) are two projects that have posted significant gains recently.
However, investors have preferred TMS Network (TMSN) over Stacks (STX), and there is a good reason to do so. While Stacks (STX) has grown by 111% in the last month, TMS Network (TMSN) has posted a gigantic growth rate of 1200% within a month of its presale.
Stacks (STX) Has Big Plans For 2023
Currently ranked 39th by market capitalization, Stacks (STX) has planned big for 2023. Crypto enthusiasts have also renewed their interests in Stacks (STX) lately. The biggest reason behind this development is the mainnet upgrade of Stacks (STX). The hype around the upgrade has propelled the price of Stacks (STX) to skyrocket in the past few weeks. One of the vital features of the upgrade is better stacking opportunity. Holding a certain amount of Stacks (STX) will allow them to be rewarded in Bitcoin tokens. Thus, investors have accumulated Stacks (STX) before the upgrade. Consequently, the price of Stacks (STX) has increased by 111% in the last seven days. Moreover, Stacks (STX) has jumped by 258% on the monthly chart. Currently, Stacks (STX) trades at $1.25, which is 65% below its all-time high of $3.61.
Stacks (STX) is a layer-1 blockchain that empowers developers to build decentralized applications (dApps) that can operate on Bitcoin. Stacks (STX) helps developers leverage the stability and security of the Bitcoin network, and create dApps with smart contracts. It offers support for the development and execution of smart contracts. Stacks (STX) functions on the proof-of-transfer mechanism, which is considered more energy efficient than proof-of-work. Besides, Stacks (STX) uses its own programming language called “Clarity.”
TMS Network Bulls Push TMSN Tokens To A New Peak
TMS Network (TMSN) is a one-of-a-kind trading platform that has raised around $3.5 million within the first three weeks of its presale. TMS Network (TMSN) facilitates the trading of a range of tradable assets using cryptocurrencies as payment. TMS Network (TMSN) does not require traders to open an account or require any paperwork. Interested traders can connect their wallets, and begin trading instantly. TMS Network (TMSN) has created a protocol for instant withdrawals and deposits of tradable assets on a single user interface. The network permits the digital trading of numerous asset classes, including stocks, cryptocurrencies, futures, CFDs, Forex, and many more. Thus, high liquidity on TMS Network (TMSN) stays intact, helping traders complete their transactions quickly.
TMS Network (TMSN) is renowned for offering security, accuracy, and transparency in all trade-related activities. The platform uses smart contracts to manage all trading activities, and proceedings on it get noted on a decentralized public ledger automatically. Hence, middlemen do not get an opportunity to interfere in transactions on TMS Network (TMSN). The network also assists traders in trading at a nominal cost. Besides, TMS Network (TMSN) boasts superior scalability, and can handle a surge in the number of transactions without jeopardizing its speed.
TMS Network (TMSN) has developed a one-of-a-kind commission-sharing model. It charges a small fee on all trading activities on the platform, and distributes the revenue arising from it among TMSN token holders. Additionally, the platform helps individuals in conducting market research before executing a transaction. The presale phase of TMS Network (TMSN), which started at $0.003, has risen to $0.039, following a growth rate of around 1200%.
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