Across the blockchain space, there are numerous categories of cryptocurrencies that target completely different users and even use cases.
There are meme coins such as Dogecoin (DOGE) or cryptocurrencies that have a more serious use case, such as Loopring (LRC).
There are also new projects that aim to disrupt the traditional trading industry, such as TMS Network (TMSN), that can provide investors in traders with solid returns at its presale stage. To see how each of these projects compare, today, we will be going over each cryptocurrency individually.
The Dogecoin (DOGE) cryptocurrency is essentially a peer-to-peer (P2P), open-source coin that was originally launched in 2013 as a joke. The Dogecoin (DOGE) cryptocurrency was established by Jackson Palmer and Billy Markus and featured the Shiba Inu Japanese dog breed for its logo.
The Dogecoin (DOGE) cryptocurrency switched to the Auxiliary Proof of Work (AuxPoW) model in 2014 and is now being mined alongside Litecoin.
On April 14, 2023, the Dogecoin (DOGE) cryptocurrency traded at a value of $0.090155. Its all-time high point of value was reached on May 8, 2021, when the cryptocurrency climbed to $0.731578.
Additionally, Dogecoin (DOGE) saw a bullish level of performance in the previous month. In the last 30 days, Dogecoin (DOGE) increased in value by 20.1%. In the last seven days, its value increased by 5.3%, and in the last 24 hours, it increased by 3.5%. Alongside Dogecoin (DOGE), investors and traders have also been eyeing Loopring (LRC) and TMS Network (TMSN).
Loopring (LRC) is a Layer-2 scaling protocol aiming to enable developers the ability to create decentralized exchanges that have similar performance to centralized options. The network can provide a much higher level of speed when compared to Ethereum alone and, as such, can incentivize a global network of users to operate the platform.
The Loopring (LRC) platform is open-sourced, audited, and non-custodial. The holders of the Loopring (LRC) cryptocurrency also have the ability to stake it and earn a part of the protocol fees, which are paid by all of the exchanges built on top of the network.
The owners of a Loopring (LRC) Decentralized Exchange (DEX) will also need to stake the cryptocurrency and gain a high level of security and build their reputation rating.
When we look at the value behind Loopring (LRC), on April 14, 2023, it traded at $0.396160. In regards to its all-time high, the cryptocurrency reached a value of $3.75 on November 10, 2021.
In the last 30 days, Loopring (LRC) increased in value by 14.6%, and in the last seven days, its increase was at 10.6%. In the last 24 hours, the cryptocurrency also saw an increase of 10.9%.
TMS Network (TMSN)
TMS Network (TMSN) is a decentralized, Ethereum-based platform that can revolutionize the trading industry.
Through the usage of TMS Network (TMSN), any investor and trader have the opportunity to enjoy a seamless, enjoyable experience with instant transaction processing, no need for a separate account, and no need to use FIAT currencies.
The holders of the native cryptocurrency TMS Network (TMSN) can get access to advanced trading features, can engage in the governance procedure, and can get commissions from the trading volumes generated on the platform. This means that the more gets traded on top of TMS Network (TMSN), the more everyone can earn. The platform also has support for copy traders and for MT4 and MT5.
For investors and traders who want to get the TMS Network (TMSN) token at its Stage 2 presale phase, which can be accessed at the links below, it trades at $0.078. Analysts predict that its value can jump to $2.2 by the end of December 2023, indicating that there is a lot of room for growth.
Find more about TMS Network here:
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