The cryptocurrency market is known for its volatility, with prices rapidly swinging up and down. TMS Network (TMSN) has been on the rise recently, giving investors a chance to make large returns. In the meantime, traders’ attention has been drawn to Ripple (XRP), which has emerged as the best-performing cryptocurrency over the past week. Further, the market is awash with speculation as Cardano (ADA) shows hints of an 11% increase.
In this article, we examine these three cryptocurrencies more closely and explore possible factors that may have contributed to their recent performance.
Ripple (XRP)
The Ripple (XRP) price has gained by 1% in the previous 24 hours, moving to $0.468157, making it the best-performing top-100 crypto over the past week.
As the market gets more confident that the Ripple-SEC case will result in a favorable outcome, the price of Ripple (XRP) has impressively climbed by 20% over the previous week and by 25% over the past two weeks.
The fact that Ripple’s (XRP) 24-hour trading volume is still strong, at just over $1.5 billion, indicates that there will likely be more gains in the coin’s value shortly.
This will no doubt be the case if Ripple (XRP) gets a favorable ruling in its appeal, which may push Ripple (XRP) above $1 and put it back on track to reach its all-time high from 2018.
Cardano (ADA)
Cardano (ADA) has been displaying encouraging upward trends, with the possibility for a price increase of 11% soon. With a strong uptrend that started in the first part of March, Cardano (ADA) has gained traction recently.
During the past 13 days, Cardano (ADA) has been moving up gradually, and its value has increased by more than 18%. Cardano (ADA) is expected to move toward the local high and see a bounce from the local trend support line, leading to an 11% increase.
The banking crisis and the ensuing growth of the cryptocurrency market have significantly influenced Cardano’s (ADA) recent surge. Cryptos like Cardano (ADA) offers an alternative investment with the potential for significant rewards as investors flee the traditional financial markets.
Furthermore, investors looking for undervalued projects have found Cardano (ADA) a desirable option due to its strong technology and emphasis on sustainability.
TMS Network (TMSN)
Since the presale started, TMS Network (TMSN) has generated a lot of buzz. Considering that TMS Network (TMSN) provides a DEX that enables users to trade cryptocurrencies, stocks, CFDs, and FX, it offers a specific use case.
Many cryptocurrency users seeking to gain from investing in all these asset types have found the use case compelling. Due to this, since the presale’s announcement, demand for TMS Network (TMSN) has only gone up.
TMS Network (TMSN) raised $500,000 at $0.025 during the stage 1 presale. TMS Network (TMSN) has already raised $300,000 at $0.038 during the stage 2 presale. TMS Network (TMSN), which increased by more than 100% between two successive presale phases, has demonstrated its potential.
Conclusion
In conclusion, the cryptocurrency market is still rife with surprises, with promising trends being shown by TMS Network (TMSN), Ripple (XRP), and Cardano (ADA). TMS Network (TMSN) has attracted much interest with its distinctive and alluring offerings and has continued its upward trend of gaining more and more investors.
So if you are looking to invest, now is the time to do so while TMS Network (TMSN) is still in its 2nd stage of the presale, at only $0.046 per token!
You can find out more about TMS below:
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/TMSNetworkIO
Twitter: https://twitter.com/@tmsnetwork_io