3 Cryptos Under $1 Set to Explode in June 2023: TMS Network (TMSN), XRP (XRP), and Arbitrum (ARB)

Place/Date: - June 2nd, 2023 at 2:39 pm UTC · 3 min read
Source: TMS Network

3 Cryptos Under $1 Set to Explode in June 2023: TMS Network (TMSN), XRP (XRP), and Arbitrum (ARB)
Photo: TMS Network

If you’re looking for cheap crypto stocks with immense potential in 2023, look no further than TMS Network (TMSN), XRP (XRP), and Arbitrum (ARB). These three tokens, led by TMS Network (TMSN) are set to perform decently in Q2 2023 and explode during the 2024 market bull run.

Ripple (XRP)

XRP cryptocurrency is the native token of Ripple, a technology company founded in 2011 by Jed McCaleb and Chris Larsen. Ripple relies on XRP’s fast, efficient, reliable, carbon-neutral technology to enable global transactions for its users. XRP transactions are facilitated by the Ripple transaction protocol (RTXP) on a decentralized, open-source blockchain platform known as the XRP ledger (XRPL).

The US Securities and Exchange Commission (SEC) sued Ripple in 2020 for the unauthorized sale of XRP tokens, which the SEC claims are securities. The ongoing legal battle has had a detrimental impact on the price of XRP, as investors choose to wait for a ruling before investing. However, the lawsuit appears to be coming to an end with XRP on top. This has spread positive sentiment among investors, who now appear to be buying the token. XRP is up 11.66% in the last week and 8.5% in the past month. If Ripple wins the lawsuit, the price of XRP will rise even further.

Arbitrum (ARB)

Arbitrum (ARB) is a new layer-2 scaling solution for the Ethereum network. Arbitrum (ARB) improves scalability and enables faster and cheaper transactions while maintaining decentralization and security.

Arbitrum (ARB) allows users to make transactions off Ethereum’s main chain and have them confirmed and batched before relaying them to the main chain. Arbitrum (ARB) can handle up to 40,000 transactions per second, while Ethereum can only handle 14 transactions per second. Furthermore, while transactions on Ethereum cost $7, they only cost 2 cents on Arbitrum (ARB).

Arbitrum (ARB) is also compatible with Ethereum’s Virtual Machine (EVM), meaning that users can deploy Ethereum smart contracts on the platform without modification. Arbitrum (ARB) will benefit immensely from this seamless integration with Ethereum as DeFi activities on the main chain continue to grow.

TMS Network (TMSN)

TMS Network (TMSN) is a new market entrant that has caused a buzz in the cryptoverse. TMS Network (TMSN) launched its presale campaign in February 2023 and has seen great interest from investors. As more users flock to the protocol, so has the price of the $TMSN token. The token is 4300% up since the presale began.

TMS Network (TMSN) is an Ethereum-based trading platform that enables traders to trade all derivatives in a fully decentralized platform. The platform sets itself in several ways:

Unlike traditional trading platforms, TMS Network (TMSN) allows users to trade stocks, cryptocurrencies, forex, and CFDs through crypto payments without needing a trading account. TMS Network’s non-custodial portfolio management enables traders to always retain full control over their assets, eliminating the need to trust a third party. This in turn gives them greater peace of mind and security when trading.

TMS Network (TMSN) also features a novel revenue-sharing model where $TMSN token holders receive a commission on trading volumes generated by other traders. This incentivizes users to increase the trading volume on the platform, generating more revenue for the platform and its users.

You can find out more about TMS Network: WebsitePresaleWhitepaperTelegramTwitter.

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