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As the crypto winter of 2022 thaws out, its time to look for the next big investment. New crypto TMS Network (TMSN) has crypto investors talking after selling all $500k of the first stage of their presale. But now that the bull season is taking shape, how will it fair against legacy coins Binance Smart Chain (BSC) and Cardano (ADA)?

Binance Smart Chain (BSC) and Cardano (ADA) need no introduction, but well take a brief look so we can compare how TMS Network (TMSN) might compare.

Binance Smart Chain (BSC)

Binance Smart Chain (BSC) has been one of the most successful cryptos since its launch. It helps with it being the native crypto of the biggest exchange, but its not just that that makes Binance Smart Chain (BSC) attractive.

Binance Smart Chain (BSC) uses a Proof of Stake (PoS) consensus mechanism to validate transactions and create new blocks on the blockchain.

Binance Smart Chain (BSC) boasts really low transaction fees, which are significantly cheaper than Ethereum. It achieves this by using a dual-chain architecture, where Binance Chain and Binance Smart Chain (BSC) work together.

Cardano (ADA)

Cardano (ADA) is one of the main Ehtereum killers. It uses a Proof-of-Stake (PoS) consensus algorithm called Ouroboros, which allows for high transaction throughput and low transaction fees on Cardano (ADA).

Cardano (ADA) aims to provide a secure and scalable platform for decentralized applications (DApps) and smart contracts, which can be used in various industries. Like other cryptos, Cardano (ADA) has run into development problems, with some investors losing faith in it.

Thats not to say Cardano (ADA) is finished, because its far from done. That said, investors will likely want to see some major development before we see any sizeable investment.

TMS Network (TMSN)

TMS Network (TMSN) is a decentralized trading platform that operates on a trustless ecosystem that eliminates intermediaries and offers faster transaction times and lower costs.

Much of that is available on other Defi platforms, but TMS Network (TMSN) offers much more. Its the only decentralized exchange that offers users access to a broad range of digital assets, including over 500 cryptocurrencies, equities, forex, and CFDs.

In addition to these, TMS Network (TMSN) offers a copy trading feature that allows users to follow and copy the trades of successful traders on the platform. This feature can be beneficial for novice traders who want to learn from experienced traders or for successful traders who want to earn commission.

Its all powered by the native token of TMS Network (TMSN), which gives you access to all features. It is also used to pay for extremely cheap transaction fees, gives you access to governance, and if anyone is wanting to earn a passive income, simply stake your coins and earn while you sleep.

Its these features and more thats generating all the interest in TMS Network (TMSN). The first stage of the presale exceeded all expectations, and now the second stage is underway, interest is growing.

Conclusion

Binance Smart Chain (BSC) and Cardano (ADA) are two coins that need little introduction. That said, both coins have run into problems, and with the bull season typically dominated by newer coins, its hard to see past TMS Network (TMSN).

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

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How Will TMS Network (TMSN) Stand Up Against Layer 1 Giants like ... - Digital Journal

Cryptocurrency has seen unprecedented growth in the past year, and many coins have come to the forefront of the market. From stablecoins to those made with a focus on fun or entertainment, digital assets have steadily gained adoption in the mainstream.

Among these assets, BNB, Dogecoin, and DigiToads have continued to be favorite Reddit topics and generated significant excitement within the Reddit community due to their recent surges in value. This article will examine the features that make these coins exciting and why theyre gaining traction.

The native cryptocurrency of the worlds biggest cryptocurrency exchange by trading volume, Binance, is called Binance Coin (BNB). It was first developed in 2017 and used to pay for platform trading costs, but it has since evolved to include a far larger variety of use cases.

The Binance Smart Chain (BSC), a high-performance blockchain platform that facilitates the development of decentralized apps (dApps) and smart contracts, is one of the most noteworthy applications of BNB. BNB is a crucial part of the ecosystem since it serves as the gas charge for transactions on the BSC.

Travel companies, gaming platforms, and e-commerce websites accept BNB as payment in addition to its usage on the Binance exchange and BSC. Due to its extensive use and popularity, it is a preferred alternative for cryptocurrency investors.

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A joke based on the well-known Doge internet meme led to the creation of Dogecoin (DOGE) in 2013. However, as of 2023, it has developed into a significant cryptocurrency with a market value of over $10 billion.

Dogecoin is a peer-to-peer cryptocurrency that runs on a decentralized network, much like Bitcoin. It features a unique inflationary method ensuring the network always has fresh coins to contribute. One of Dogecoins most remarkable features is its vibrant community, renowned for its charitable giving and philanthropic endeavors.

Although invented as a joke, Dogecoin has shown to be resilient and has even received support from well-known individuals like Elon Musk and Mark Cuban.

The surge of interest in cryptocurrencies among Reddit users has been unprecedented, and it doesnt seem to be slowing down anytime soon. BNB, Dogecoin, and DigiToads have remained fan favorites among Reddit groups and will likely stay that way for the foreseeable future.

For More Information on DigiToads:

Visit The DigiToads Website

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BNB, DigiToads, and Dogecoin Continue To Be Fan Favourites in ... - The Coin Republic

ReelToken providing a crypto solution for M&E industry, built on Polygon (Matic) and Binance Smart Chain (BSC) blockchains The technology has the ability to add future or existing blockchains to further ensure the best value, speed, reliability, and security Indias latest Web3 integrated social media platform, ReelStar has announced that its decentralised blockchain token, ReelToken (REELT), is now listed on Gate.io and other leading exchanges, including Bitmart, MEXC, and BKEX. The token is set to launch globally on 23 March.

ReelToken (REELT) is a unique cryptocurrency solution for the media and entertainment industry, offering smart contract functionality and multi-blockchain infrastructure on the POLYGON (MATIC) and Binance Smart Chain (BSC) blockchains. This enables holders of ReelToken to securely hold, exchange, and use REELT for discounted goods and services within the ReelStar App, and to efficiently convert them to fiat or other cryptocurrencies.

The ReelStar app is the first user-centric, blockchain-integrated mobile-first platform for content creation and sharing for all types of media. It is a seamless and easy-to-use platform, employing a full range of NFTs, to allow users to easily create and monetise content for a global audience with the in-app marketplace for artists' and creators' content. Within the app, users can trade crypto and NFTs, communicate through an end-to-end encrypted peer-to-peer chat system and access their safe and secure ReelPay digital wallet.

''Our platform is designed to provide a global audience and marketplace for artists and creators to monetize their content,'' said Navdeep Sharma, Co-Founder, ReelStar. ''We are excited to partner with Gate.io, MEXC and other top exchanges to bring ReelToken to a wider audience, and to provide an easy-to-use platform for anyone to access and leverage Web3 and future technologies for both entertainment and profit.'' ReelStar's multi-blockchain infrastructure provides cost efficiencies, and redundancies and has the ability to add future or existing blockchains to further ensure the best value, speed, reliability, and security. The platform is highly scalable, reliable, and cost-conscious, and safeguards security with leading-edge standards in protocols, encryption, and authentication.

ReelStar is the first mobile video and entertainment application based on a Web3-enabled platform, able to provide integrated access to the Metaverse/Omniverse. The platform will facilitate positive, meaningful, and beneficial local and global communities, providing a safe, secure, and private environment for sharing, communication and collaboration.

In November 2022, veteran cricketer Irfan Pathan launched ReelStars logo in Australia. It is also the title sponsor for Celebrity Cricket League in India, the Creator United Awards 2023, and the upcoming Nora Fatehi and Guru Randhawas The Unity Tour in Australia. ReelStar has raised USD 5 mn from just the first two stages of its Initial Token Offering (ITO), REELT. The ITO was capped at 5% of 15 billion tokens. About ReelStar ReelStar is the latest Web3 integrated social media platform, created with a revolutionary vision to globally democratize access to Web3, metaverse, and future technologies. The companys goal is to bring the everything app - a functional, easy-to-use, private, and secure social media, video streaming, messaging and payments platform. This will open a bridge to the Web3 Metaverse beginning with their NFT minting and open NFT marketplace/platform. Indian, born and raised, serial entrepreneurs, Navdeep Sharma and Nick Bahl, now based in Australia, are the co-founders of this breakthrough app. The entire ReelStar ecosystem is powered and enabled by the blockchain utility token, ReelToken (REELT).

For more information, please visit website http://www.reelcrypto.io. Image: ReelToken

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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ReelStar's ReelToken (REELT) Gets Listed on Gate.io, MEXC and Other Top Asian Exchanges - Devdiscourse

Over the last few months, Chainlink [LINK] has built many products and services to integrate with different systems in the crypto space. However, LINK has seen little growth despite the developments made by the network.

Is your portfolio green? Check out the Chainlink Profit Calculator

Over the last month, the price of LINK fell by 7.21%, according to Messari.

This price of LINK, however, could be positively impacted by Chainlinks plans for the future. According to their recent announcement, new developments are being made for their line of products, including VRFs (Verifiable Random Functions), CCIPs (Cross-Chain Interoperability Protocol), and Price Feeds.

If these additions improve the state of their products, it could attract more users to the Chainlink network.

However, at press time, the overall demand for one of Chainlinks popular products, VRF, started to fall. According to Dune Analytics data, the number of requests for VRF on the Binance Smart Chain decreased from 21,378 to 10,892 over the last three months.

It remains to be seen whether the new upgrades will be enough to regenerate interest in the protocol.

The declining interest in Chainlink products also impacted the tokens revenue. According to Defi Llamas data, the week-on-week revenue generated by Chainlink fell materially.

In terms of social hype, Chainlink wasnt able to keep up, either. According to data provided by Lunar Crush, the number of social mentions and engagements for Chainlink dropped by 8.9% and 9% respectively.

Realistic or not, heres LINKs market cap in BTCs terms

The weighted sentiment for LINK also declined during this period, suggesting that the crypto community had more positive than negative things to say about LINK.

Coupled with that, the daily active addresses on the network fell over the last few weeks. This was also indicated by the falling velocity of LINK. The network growth for LINK also decreased during this period, suggesting that new addresses were not as interested in LINK at the press time price.

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How will Chainlink [LINK] fare in the next quarter? This data suggests - AMBCrypto News

The USDT announcement made by Telegram, however, did not have an immediate positive rally on the TON price.

Telegram Messenger is slowly transforming into a giant Web3 protocol through the TON blockchain. The instant messaging app has added the largest stablecoin by daily traded volume and market capitalization, Tether (USDT), to its wallet bot. As a result, Telegram users can send, receive and pitch USDT, Bitcoin, and TON coins seamlessly via chats.

The addition of Tether (USDT) to Telegrams bot marketplace enriches the users ability to navigate the crypto market amid heightened volatility. Moreover, stablecoins were designed to provide crypto traders an umbrella during heightened volatility to shield profits. Additionally, Tether (USDT) is widely accepted following the collapse of Binance-backed BUSD and the recent de-pegging of Circles USDC.

With Tether (USDT) available on several chains, including Binance Smart Chain, and Ethereum, among others, the company has not clarified which chains will be supported on the Telegram Bot wallet. Nonetheless, the integration of USDT is a significant leap in global cryptocurrency adoption.

Competition in the social media industry has forced existing companies to adopt blockchain technology through metaverse, and NFTs, among others. Telegram Messenger is a huge competitor to Metas WhatsApp and its Facebook Messenger, with over 550 million global users. Integrating the cryptocurrency market into the Telegram Messaging platform will significantly widen its international market.

Moreover, the cryptocurrency market is a trillion-dollar industry, expected to grow a hundred folds in the decades to come.

With the potential to disrupt traditional financial institutions, Telegram Messenger takes pride in over 2.3 million accounts and 311 validators who have facilitated nearly 120 million transactions.

Although not directly connected with Telegram, the Ton Foundation aims to compete with other top-layer 0 blockchains like Solana and Ethereum. Furthermore, the TON network takes pride in a market capitalization of approximately $2,849,756,004 and a 24-hour trading volume of about $32,261,890.

The USDT announcement, however, did not have an immediate positive rally on the TON price. According to market data from Coinmarketcap, TON coin exchanged around $2.34, down approximately 3.22 percent in the past 24 hours.

With a current circulating supply of about 1,221,401,181 TON coins out of 5 billion, the Ton Foundation earlier this month initiated a vote to free inactive early miners who hold most of the TON coins. However, some have argued that it would set a dangerous precedent for the decentralization aspect of the blockchain as early investors would be discriminated against on the grounds of being long-term holders.

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Telegram Adds Tether (USDT) to Its Wallet Bot Allowing Users to Transfer via Chats - Coinspeaker