The cryptosphere is volatile, and the market fluctuates. However, some tokens and coins do better than others in bear markets. Cardano (ADA) and Ripple (XRP) highlight their vulnerabilities to bear markets, but TMS Network (TMSN) is proving resilient by attracting investors with the second phase of its presale.
Cardano (ADA) – Bringing A Human Face to Cryptocurrencies
Cardano (ADA) is a popular third-generation blockchain platform known for its focus on scientific research, sustainability, and peer review. Cardano (ADA) is named after Gerolamo Cardano (ADA), a 16th-century Italian polymath who significantly contributed to various fields, including mathematics, physics, and cryptography. This naming choice reflects the project’s multidisciplinary approach and dedication to research-driven development.
The Cardano (ADA) cryptocurrency, ADA, is named after Ada Lovelace, a 19th-century mathematician widely recognized as the world’s first computer programmer. Cardano (ADA)’s various development stages, such as Byron, Shelley, Goguen, Basho, and Voltaire, are named after renowned poets and philosophers, showcasing the Cardano (ADA) team’s appreciation for art, history, and the humanities. These names evoke an interdisciplinary spirit, emphasizing the importance of integrating diverse fields of knowledge to drive innovation.
This unusual aspect of Cardano (ADA) ’s naming conventions demonstrates the project’s commitment to bridging the gap between the worlds of technology and the humanities, reflecting a broader vision for the future of blockchain technology.
Despite Cardano’s (ADA) technological and philosophical heritage, it isn’t immune to bear markets, and investors may look elsewhere for better returns.
Ripple (XRP) – Earliest Digital Currency Struggles to Launch
Ripple (XRP) is a digital asset facilitating fast, low-cost, cross-border transactions. While many people are familiar with the role of Ripple Labs in developing and promoting Ripple (XRP), a lesser-known fact is the origin of the Ripple (XRP) project, which predates the establishment of Ripple Labs — and even Bitcoin — by several years. The idea for Ripple (XRP) was conceived in 2004 to create a decentralized digital currency system allowing individuals to make their own money. This led to the development of RipplePay, an early project iteration.
However, Ripple’s (XRP) transformation from a community-based initiative to a more centralized, enterprise-focused solution. In 2012 Ripple (XRP)’s focus shifted toward providing a global payment settlement network for financial institutions. This led to the founding of Ripple Labs (initially known as OpenCoin) and the creation of the XRP Ledger. Ripple Labs then introduced Ripple (XRP) as a digital asset to serve as a bridge currency and provide liquidity for cross-border transactions.
Constantly plagued by legal battles with the SEC, Ripple (XRP) is not gaining the traction it should, resulting in traders seeking greener pastures.
TMS Network (TMSN) – A Bear-Proof exchange
The new decentralized exchange TMS Network (TMSN) is a bulwark against bear markets. Built on the Ethereum blockchain, TMS Network (TMSN)’s design allows it to trade cross-chain and even traditional financial assets like foreign exchange and derivatives.
Even in downturn markets, trading still happens. Where there’s trade, there are trading fees, which means that the exchange is bear-proof. With its unique revenue-sharing system where those who own TMS Network (TMSN) tokens get a share of revenue on global trading, holding TMS Network (TMSN) tokens is a drawcard even when the markets are only showing red candles.
TMS Network (TMSN) offers traders and investors a cutting-edge array of trading tools, including bots, strategy builders and analysis, not to mention arbitrage signals. This allows users to leverage even bear markets, making it a best-of-show product for everyone trading on crypto and traditional markets.
Investors have shown their confidence in the viability of TMS Network (TMSN) by buying up the entirety of the tokens available during the first phase of its presale. After generating over $500k in the first phase, TMS Network (TMSN) is now presenting its second presale phase to the public, with tokens going at $0.038.
For more information, follow the links below.
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetworkio
Discord: https://discord.gg/njA95e7au6
