Home Altcoins News TMS Network (TMSN) Shocks Crypto World with 2400% Growth in 2 Months, Outperforming Ripple (XRP) and Dogecoin (DOGE)

TMS Network (TMSN) Shocks Crypto World with 2400% Growth in 2 Months, Outperforming Ripple (XRP) and Dogecoin (DOGE)

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TMS Network (TMSN) has emerged as a major player in the cryptocurrency market with its astonishing growth rate of 2400% in just 2 months, surpassing well-known cryptocurrencies like Ripple (XRP) and Dogecoin (DOGE). This unexpected rise has left investors and experts in awe, making TMS Network (TMSN) a favored choice among crypto investors.

Ripple (XRP) CTO, David Schwartz, recently made headlines by debunking claims about the transaction per second (TPS) on the XRP Ledger. There was a claim that Ripple (XRP) can process up to 1500 transactions per second, but Schwartz clarified that several factors, including block size, consensus algorithm, and network latency, affect the TPS of a blockchain network. According to him, Ripple (XRP) can process from 300 to 500 transactions per second. This revelation came after it was discovered that the claim originated from Ripple’s (XRP) website, and Schwartz promptly reported it to the concerned department. Despite this clarification, Ripple (XRP) has been trading in the green for the last few weeks, but it is currently 87% below its peak price of $3.84.

On the other hand, Dogecoin (DOGE) continues to be influenced by Elon Musk, with any news related to the billionaire resulting in price rallies. Recently, it was revealed that Elon Musk-owned Twitter has signed a deal with Fintech company eToro, and Dogecoin (DOGE) jumped by around 8% on the price chart. This has led to speculation that Dogecoin (DOGE) could be the first token to be used on the social media platform, further fueling its popularity. In addition, Musk had previously announced that he would gift 1 million Dogecoin (DOGE) to those who could locate the whereabouts of a mine that many believe he owns. All these developments have contributed to the recent 12% increase in the price of Dogecoin (DOGE) on the monthly chart, with the cryptocurrency currently trading at $0.0863.

The cryptocurrency market has always been known for its unpredictability, and the recent success of TMS Network (TMSN) serves as a prime example. This relatively new cryptocurrency has managed to outperform established players like Ripple (XRP) and Dogecoin (DOGE) in terms of growth rate, capturing the attention of investors and experts alike. Its rapid rise in value has created a buzz in the crypto world, making it a top choice for those seeking stable growth projections.

Meanwhile, Ripple (XRP), which had previously claimed to process 1500 transactions per second, had to clarify the actual TPS on its network. Ripple (XRP) CTO David Schwartz explained that the TPS is influenced by various factors, and the claim of 1500 TPS was incorrect. Despite this clarification, Ripple (XRP) continues to trade in the green but is still significantly below its peak price of $3.84, indicating that investors may be reassessing their expectations of the cryptocurrency.

Dogecoin (DOGE), on the other hand, continues to experience volatility driven by Elon Musk’s tweets and announcements. The recent deal between Musk-owned Twitter and Fintech company eToro has fueled speculation that Dogecoin (DOGE) could be integrated into the social media platform, leading to an 8% price jump. Musk’s previous announcement of gifting 1 million Dogecoin (DOGE) to those who can locate his alleged mine has also contributed to the cryptocurrency’s recent 12% price increase on the monthly chart.

Amidst these developments, TMS Network (TMSN) has emerged as a dark horse in the cryptocurrency market, stunning investors and experts alike with its staggering growth rate of 2400% in just 2 months. This relative newcomer has outperformed established cryptocurrencies like Ripple (XRP) and Dogecoin (DOGE), capturing attention for its stability and growth potential.

TMS Network (TMSN) is a blockchain-based platform that aims to revolutionize the way transactions are conducted in the financial industry. It promises to offer faster, more secure, and cost-effective transactions, making it an attractive option for businesses and individuals alike. The recent surge in its value can be attributed to growing interest from investors who are looking for promising projects in the ever-evolving world of cryptocurrencies.

The success of TMS Network (TMSN) highlights the inherent volatility and unpredictability of the cryptocurrency market. While established cryptocurrencies like Ripple (XRP) and Dogecoin (DOGE) continue to garner attention due to external factors such as announcements from influential figures like Elon Musk, newer players like TMS Network (TMSN) can quickly gain momentum and disrupt the market.

As with any investment, it’s crucial for investors to exercise caution and conduct thorough research before putting their money into any cryptocurrency. The cryptocurrency market can be highly speculative and volatile, and prices can change rapidly. It’s essential to consider factors such as the project’s fundamentals, technology, team, and market demand before making any investment decisions.

In conclusion, TMS Network (TMSN) has surprised the cryptocurrency world with its remarkable growth rate, outperforming Ripple (XRP) and Dogecoin (DOGE) in just 2 months. However, the cryptocurrency market remains dynamic and unpredictable, and investors should exercise caution and conduct thorough research before making any investment decisions. As the market continues to evolve, it will be interesting to see how TMS Network (TMSN) and other cryptocurrencies perform in the future.

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Sakamoto Nashi

Nashi Sakamoto, a dedicated crypto journalist from the Virgin Islands, brings expert analysis and insight into the ever-evolving world of cryptocurrencies and blockchain technology. Appreciate the work? Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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