These 3 Cryptocurrencies Can Spike In Value In 2023: Algorand (ALGO), Stellar (XLM) and TMS Network (TMSN)
Cryptocurrency investors and traders are constantly looking for the next big cryptocurrency that can leave a major effect across the blockchain space and provide a lot of value to them.
Recently, the TMS Network (TMSN) token has been causing a lot of buzz within the Web3 space, as it completed Stage 1 of its presale and over 50% of its Stage 2 presale already.
Today, we will dive into this blue-chip cryptocurrency's potential and see how it will fare against already established projects, such as Algorand (ALGO) and Stellar (XLM).
Algorand (ALGO) is an open-source blockchain that utilizes the Pure Proof-of-Stake (PPoS) consensus model.
The Algorand (ALGO) blockchain is aimed at competing against large payment and financial networks.As of March 24, 2023, the Algorand (ALGO) cryptocurrency was trading at a value of $0.214131.
Algorand (ALGO)’s all-time high was on January 20, 2019, at $3.56. We can see that Algorand (ALGO) is trading 94% lower than its all-time high.
The Algorand (ALGO) cryptocurrency aims to kick back up in value, where in the last 24 hours, it saw an increase of 2%. However, other competing projects might catch up.
Alongside Algorand (ALGO), there are also Stellar (XLM) and TMS Network (TMSN) that have piqued investor interest.
Stellar (XLM) is an open network for the storage and the overall transfer of money. The Stellar (XLM) network aims to enable anyone to transfer funds quickly on a global scale through blockchain technology.
Its native cryptocurrency, Stellar (XLM), is used to pay transaction fees on top of the network.As of March 24, 2023, Stellar (XLM) has been trading at $0.090771.
The all-time high of the Stellar (XLM) cryptocurrency was at $0.875563, a value point it reached on January 3, 2018. This
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