TARA Climbs 600% in a Week – TUK Next to Explode?
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
Taraxa (TARA) took the market by storm in the first week of August with a 631.68% surge.
Although the price action is dwindling, the project has managed to kindle activity in the market.
According to industry analysts, eTukTuk (TUK) will ignite a similar price action next.
Taraxa is an EVM-compatible smart contract platform that has been slowly gaining momentum over the last two years.
The project is designed to solve real-world problems, based on blockchain technology and AI. Taraxa’s key highlight is scalability, with a transaction speed of over 5000 transactions per second (tps).
The figure gives it a competitive edge against some of the most prominent blockchains.
Its requirements for running a node are also remarkably low, cutting down the expenses involved.
One of the major factors behind the recent spike in TARA’s demand is the hype around Taraxa’s decentralized Layer-1 network, fuelled by Block DAG and EVM compatibility. It not only reshapes transaction efficiency but also stands apart with rapid processing.
EVM-compatibility of the blockchain empowers devs to seamlessly port their Ethereum creations onto Taraxa. More importantly, the project’s pioneering AI-powered solutions within a decentralized framework are expected to be a game-changer in the sector.
Its celebrated features include AI-powered social analytics, machine-generated transactional data, informal handshake agreements, and multi-layered IP licensing.
If you have your eyes on long-term returns, TARA is a good buy now. But if you’re looking for an explosion within the next few weeks or months, it’s too late to buy TARA.
But the upcoming price dip will
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