Cryptocurrencies attract investors globally because of the substantial profit margins if done correctly. Here, TMS Network (TMSN) is a new platform attracting all kinds of investors because of its unique features. Let’s see why it’s dominating over well-established players like Litecoin (LTC) and the Render Token (RNDR).
TMS Network (TMSN)
TMS Network (TMSN) is a decentralized platform where users can trade all kinds of digital assets, not just cryptocurrency. Its blockchain technology further ensures transparency, efficiency, and security in all transactions which are conducted without intermediaries.
The TMS Network (TMSN) platform provides users with a user-friendly interface and educational content. And its token holders get benefits like voting rights, trading commission shares, and advanced tools.
TMS Network (TMSN) has its fourth presale stage currently underway, and the token’s value is currently at $0.097, seeing a 2,000% increase since its launch. By December 2023, analysts predict the value to reach $2.20, making it one of the most profitable investments of the year.
Litecoin (LTC)
Litecoin (LTC) creates and transfers digital coins through an open-source or cryptographic protocol. Litecoin (LTC) was created from a fork in Bitcoin’s blockchain. Litecoin’s (LTC) main aim was to address the concerns surrounding Bitcoin, such as too much central control and large scale miners having the upper hand in mining. However, Litecoin (LTC) has become a peer-to-peer payment system over the years.
Like Bitcoin, Litecoin (LTC) also uses proof of Work consensus to secure the network. However, it differs from Bitcoin since it takes longer to produce a block, and mining is only possible with consumer-grade hardware. But in Bitcoin, miners mine with specialized computer equipment.
Since the start of 2023, Litecoin (LTC) has been steadily rising. In January, Litecoin (LTC) was worth $69.93, and in June, it reached $89.67. Litecoin’s (LTC) value incline is because new users are entering the market, so there is an increased demand for buying, and existing Litecoin (LTC) holders are distributing their tokens in newly created wallets.
With its minimal growth, analysts call for Litecoin (LTC) to be in a limbo state. In comparison, TMS Network’s (TMSN) value is rapidly increasing and does not look set to stop anytime soon.
Render Token (RNDR)
The Render (RNDR) Network is a peer-to-peer GPU (Graphics Processing Unit) marketplace.
The Render Token (RNDR) network uses blockchain technology and cryptocurrency through which users can trade unused GPU power, rendering projects of motion graphics and visual effects. So, Render Token (RNDR) is a step toward the next-generation digital products and services, as it renders final animations at higher speeds and lower costs.
The Render Token (RNDR) network has three components: creators, node operators, and octane readers. The node operators rent their extra GPU to creators and, in turn, receive Render Token (RNDR) tokens for the time spent rendering.
In 2023, Render Token (RNDR) saw a sharp incline to $2.42 from $0.4 in January. Analysts predict Render Token (RNDR) will decrease to an average of $1.37 by December – still more than three times its value at the year’s start.
The reason for Render Token’s (RNDR) surge was that the Render Token (RNDR) community completed its RNP-002 and RNP-003 votes, which changed the network’s architecture.
However, analysts expect Render Token’s (RNDR) rise to be short and the cryptocurrency to fall again and rise by small increments. TMS Network (TMSN), on the other hand, has increased by 2,000% since its development and looks to continue doing so, making it a profitable venture.
Conclusion
Litecoin (LTC) and Render Token (RNDR) are steadily rising, making them attractive investment options. However, the current growth seen in TMS Network (TMSN) is not comparable to the other two cryptocurrencies, making it a much more profitable investment option.
Find out more about the TMS Network (TMSN) presale below:
Presale: https://presale.tmsnetwork.io
Whitepaper: https://tmsnetwork.io/whitepaper.pdf
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetworkio
Discord: https://discord.gg/njA95e7au6