Out of the thousands of altcoins available in the Web3 space, three have managed to stand out the most as of recently. Not every single altcoin can stand the test of time or manage to accumulate a lot of value within the long-term, and as a result, investors will need to analyze each cryptocurrency to see how far they can climb in value.
TMS Network (TMSN), Litecoin (LTC), and Cosmos (ATOM) are three altcoins that are creating a lot of noise, and today, we will be analyzing the performance and appeal of each altcoin to see which one can make the perfect investment for any investor in 2023 and beyond.
TMS Network (TMSN)
The TMS Network (TMSN) project will be developed with the objective of enabling anyone on a global scale access to the opportunity of trading cryptocurrencies, equities, forex, CFDs, and more, all from a single platform.
Users of TMS Network (TMSN) will not be required to create a separate account in order to use the platform and can instead simply connect a cryptocurrency wallet that they already have and begin trading immediately.
The TMS Network (TMSN) platform will also enable social trading features and will also fully support the integration of MT4 and MT5. The TMS Network (TMSN) presale is currently at Stage 3, and during this time, TMS Network (TMSN) trades at $0.093. Moreover, there is a 50% bonus, where any investor will get 50% more tokens than they buy. So if someone bought 1,000 TMS Network (TMSN), they would get 1,500 instead.
The TMS Network (TMSN) token holders will also earn commissions based on the overall trading volume on the platform. Analysts predict the project to jump in value and its cryptocurrency to reach $2.20 by the end of December 2023.
Litecoin (LTC) is one of the latest events that will occur within the ecosystem and will impact the network in a significant way. With this halving approaching, the Litecoin (LTC) Foundation team created a video that explained in-depth what this mathematical event looks like, when it will happen, and how the rewards system surrounding it will work. In short, this is a programmed reduction in the Litecoin (LTC) block rewards that miners of the altcoin get for verifying the transactions and adding new blocks.
As for its value, the Litecoin (LTC) cryptocurrency traded at $82.90 on May 14, 2023. In the last 30 days, Litecoin (LTC) decreased in value by 12.2%. In the last week alone, the Litecoin (LTC) cryptocurrency saw a slight drop of just 1.4%, and in the last 24 hours, Litecoin (LTC) has managed to get into the green zone and increase by 2.9%.
The Cosmos (ATOM) team announced on Twitter that The Game of NFTs Hackathon had been extended until June 19, 2023. This means that developers have more time to showcase their projects and build innovative solutions on top of the Cosmos (ATOM) ecosystem.
Participants of this Cosmos (ATOM) event will be able to access developer-oriented educational workshops and videos and even get mentorship and insights from NFT leaders and industry experts. It is clear that the Cosmos (ATOM) ecosystem is aiming to grow. However, the value behind the project has been in decline. On May 14, 2023, Cosmos (ATOM) traded at $10.95. In the last 30 days, Cosmos (ATOM) saw a decrease in its value by 9.7%. In the last two weeks, Cosmos (ATOM) experienced a decline in its value by 7.5% as well.