Lido DAO (LDO) Sees Record-Breaking Daily Inflow, Maker (MKR) Gets In The Green and The TMS Network (TMSN) Presale Completes Stage 1 Quicker Than Anticipated

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The blockchain space is filled with the project, and from over 22,000 coins and tokens for investors and traders to pick from, things can look intimidating very quickly.Some projects have managed to break through the clutter and grab the attention of cryptocurrency enthusiasts, and today, we will be exploring some of those projects.Lido DAO (LDO),…

The blockchain space is filled with the project, and from over 22,000 coins and tokens for investors and traders to pick from, things can look intimidating very quickly.Some projects have managed to break through the clutter and grab the attention of cryptocurrency enthusiasts, and today, we will be exploring some of those projects.Lido DAO (LDO), Maker (MKR), and TMS Network (TMSN) represent some of the most solid projects for investors and traders to diversify their portfolio with, and we are going to go over why this is the case, Lido DAO (LDO) Lido DAO (LDO) made a huge splash in the blockchain space when it reported record-breaking daily inflows, with over 150,000 in Ether (ETH) staked.Due to the heavy staking inflow, the protocol engaged its safety feature known as the Staking Rate limit, and this led to some users facing delays when it came to recovering stETH on the Lido platform.Despite the growth in daily inflow, Lido DAO (LDO) has not been performing well.Within the past seven days, LDO has decreased in value by 18.43%, and its 24-hour decrease was at 4.53%.

This has prompted investors to look elsewhere for additional altcoins to invest in.Maker (MKR) On March 7, 2023, Maker reported on Twitter that by the end of January 2023, MIP65’s $500 million short-term bond investment strategy provided $2.1 million in lifetime fees to MakerDAO.The investment strategy represented more than 50% of MakerDAO’s annualized revenues.As a result, Maker (MKR) went into the green zone, with the value of the cryptocurrency increasing by 0.64% in the last 24 hours and by 2.96% in the last hour.It could reach a bullish run if it keeps up with its daily momentum.MKR is trading at $912.30 as of March 8, 2023.

TMS Network (TMSN) As investors consistently look for alternative cryptocurrencies, TMS Network (TMSN) as a token has managed to grab a lot of attention.The underlying TMS Network (TMSN) project is blockchain-based.It aims to provide a platform where users can trade any derivative, such as equities, stocks, and more, using cryptocurrencies.

Because it’s based on blockchain technology, TMS Network can offer low latency and access to on-chain analytics.

Each user can also access features, such as MT4 and MT5 compatibility for enhanced functionality, and can even gain access to trading bots.The TMS Network (TMSN) presale Stage 1 presale concluded much quicker than anticipated, and throughout Stage 2, investors can get the token at $0.032, and 50% of the stage has already been completed.As the cryptocurrency and ecosystem grow and evolve, by the end of 2023, TMSN can reach $2.05 in value based on price predictions made by analysts.Investors curious about getting all of the benefits surrounding the TMS Network (TMSN) token can jump into the presale early before the project increases in value by following the links below.For more information on TMS Network, please check out the following links below: 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 Twitter: https://twitter.com/tmsnetworkio The post Lido DAO (LDO) Sees Record-Breaking Daily Inflow, Maker (MKR) Gets In The Green and The TMS Network (TMSN) Presale Completes Stage 1 Quicker Than Anticipated appeared first on Analytics Insight.

Auto-Conversion USDC Dominated Trading Volume On Decentralized Exchanges Amidst Depegging Incident On Saturday, several centralized crypto trading platforms and payment processors stopped USDC auto conversions.However, USDC experienced a significant trading volume on decentralized exchange (dex) platforms such as Uniswap, Curve, and Pancakeswap.Uniswap alone recorded $10.13 billion in trades over the past day, with more than 55% of those swaps involving USDC against wrapped ether, and the stablecoin tether.

During the last 24 hours, USDC emerged as the most dominant trading pair on dex platforms.

USDC Trades Below $0.975 Accounted for More Than $26 Billion on Saturday Based on statistics, the stablecoin usd coin (USDC) recorded $26.73 billion in global trade volume during a 24-hour period.On Saturday, USDC depegged from the U.S.dollar, reaching a low of $0.877 per coin.As a result, crypto firms such as Binance, Coinbase, Crypto.com, and Bitpay paused USDC payments and auto conversions.However, despite centralized exchanges halting USDC conversions, the stablecoin accounted for 29% of the $90.70 billion in 24-hour global crypto trades.

According to statistics from coingecko.com, over the last day, $15.66 billion was settled on dex trading platforms, with $10.13 billion of that amount resulting from trades on Uniswap version three (v3).The two most dominant trading pairs on Uniswap were USDC/WETH and USDC/USDT, with USDC swaps with wrapped ether accounting for $2.92 billion, and USDC trades with tether equating to $2.69 billion.Together, USDC/WETH and USDC/USDT represented 55.48% of all trades on Uniswap v3 on Saturday.USDC/DAI accounted for 5.8% of Uniswap v3’s trades, amounting to $587 million in volume.Additionally, USDC saw numerous other trades with various crypto assets listed on the dex platform.

On Curve’s Ethereum-based dex, $179 million in USDC/DAI swaps occurred during the day.

USDC was a prominent Curve pair with several other stablecoins like USDT, FRAX, GUSD, MIM, among others.Curve 3pool share is the bellwether of crypto sentiment💥 During today’s USDC depeg, ppl panic sold USDC & DAI for USDT.USDT share in 3pool collapsed to 2% Ironically, when Tether FUD happened during Terra crash & FTX collapse, USDT was the “infamous” & left 85% in 3pool🤔 pic.twitter.com/VNo3ykxiob — Panda Jackson (@pandajackson42) March 11, 2023 Curve’s 3pool experienced a decrease in its share of USDT to 2% as traders sold USDC during the depegging incident.On Saturday, the dex platform Pancakeswap v2 recorded $265,888,470 in trading volume, with USDC/BUSD being the most traded pair out of 3,554 trading pairs.

$59.95 million, or 22.55% of the trades, were USDC/BUSD swaps.Pancakeswap’s Stableswap saw $250,361,665, with USDC/BUSD pairs accounting for 44.72% or $111.95 million of the swaps.

Uniswap v2 processed $152,276,446 in swaps on Saturday, with USDC pairs once again topping the list of v2 trading pairs.USDC trades with wrapped ether on Uniswap v2 represented 32.95% of the dex’s volume, and 14.80% of the swaps were USDC/USDT.While dex platforms generated a significant amount of volume from USDC trades, centralized exchanges also witnessed a considerable number of USDC swaps on Saturday.

Metrics indicate that Binance recorded $582.97 million in USDC trades against USDT, and Kraken saw $476 million in USDC/USD trades.Kucoin registered $269.80 million in USDC/USDT swaps, and Kraken’s USDC trades with tether (USDT) amounted to $235 million.Kraken saw another $80.43 million in USDC trades with bitcoin (BTC), and another $78.32 million of USDC/EUR swaps.

Of the $26.73 billion in USDC swaps on both dex platforms and centralized exchanges, each USDC swap was for $0.975 or less, depending on the hour of the day.Tags in this story Auto-Conversion, Binance, BitPay, Coinbase, coingecko.com, Crypto, Crypto.com, Cryptocurrency, Curve, DAI, decentralized exchange, depegging, DEX, FRAX, Global Trade Volume, GUSD, Kraken, KuCoin, MIM, Pancakeswap, Pancakeswap v2, Payment processor, Stablecoin, Stableswap, Tether, trading, uniswap, uniswap v3, US Dollar, USDC, wrapped ether What are your thoughts on the USDC swaps and trading volume from Saturday? Share your opinions in the comments section below.Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida.Redman has been an active member of the cryptocurrency community since 2011.He has a passion for Bitcoin, open-source code, and decentralized applications.Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.Image Credits: Shutterstock, Pixabay, Wiki Commons Disclaimer: This article is for informational purposes only.It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies.

Bitcoin.com does not provide investment, tax, legal, or accounting advice.Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.Cryptocurrency Polygon (MATIC) Launches Decentralized ID Infrastructure, Cardano (ADA) To Enter Voltaire Age Soon, TMS Network (TMSN) Already Surpassed Stage 1 Of Presale Cryptocurrency traders and investors dedicated to the Web3 space know that one of the essential aspects of making a genuine return on investment is to follow the latest trends and developments and remain in the loop about new, upcoming projects that can quickly climb up in value.Grabbing a coin or token throughout a presale can be risky, but it also has high-growth potential.One such project that has grabbed the most attention is TMS Network (TMSN).Other cryptocurrencies that have undergone updates include Polygon (MATIC) and Cardano (ADA), and today, we will explore how they are being developed and updated.Polygon (MATIC) Polygon (MATIC) introduced a decentralized ID infrastructure.Polygon ID utilizes zero-knowledge proofs (ZK proofs) that use cryptographic techniques that enable users to verify their identity online without needing to pass their sensitive information to a third party.

MATIC, as a cryptocurrency, is trading at $1.04 on March 9, 2023.The cryptocurrency decreased its value by 13.91% in the last seven days and by 7.15% in the last 24 hours.The Polygon ID introduction could potentially lead to gains, but for now, the cryptocurrency is on a downward trend.Cardano (ADA) The Cardano (ADA) community has begun hinting that the Voltaire era is closing in.

On March 1, 2023, the development firm behind Cardano, Input Output Global (IOG), shared that it aims to deliver the Age of Voltaire through three governance pillars.These three pillars are split in the Member-Based Organization (MBO), followed by the Constitution, and finally, the Democratic consent.

On March 9, 2023, the Cardano (ADA) cryptocurrency was trading at $0.315.In the past seven days, its value has decreased by 10.81%, and in the last 24 hours, it decreased by 3.22%.

With the bearish outlook for the ADA cryptocurrency despite the announcement, investors are looking at alternatives.TMS Network (TMSN) One of the key altcoins that have grabbed the attention of investors and traders is the TMS Network (TMSN) cryptocurrency.The TMS Network is a decentralized trading platform that enables users the ability to trade all derivatives through the utilization of cryptocurrency payments.Users can just connect their wallets and execute any order without giving up their assets or creating an account.Users can trade any asset class through TMS Network, including stocks, forex, futures, etc.

There is also a social trading infrastructure, one built to enable traders access to features such as Copy Trader, so they can profit from the decisions of the best traders, and access to MT4 and MT5.

Stage 1 of the presale has concluded quicker than expected, and Stage 2 is 50% complete.The TMNS token is offered at $0.032 throughout Stage 2 of the presale.

Analysts predict that its value can reach $2.10 by the end of December 2023, which has sparked investors’ interest.Investors and traders have the opportunity to jump into the early stages of a project that can become a dominant force in the blockchain space and can access all of the related information surrounding its presale in the links below.Presale: https://presale.tmsnetwork.io Website: https://tmsnetwork.io Telegram: https://t.me/TMSNetworkIO Twitter: https://twitter.com/tmsnetworkio The post Polygon (MATIC) Launches Decentralized ID Infrastructure, Cardano (ADA) To Enter Voltaire Age Soon, TMS Network (TMSN) Already Surpassed Stage 1 Of Presale appeared first on Analytics Insight.Cryptocurrency Filecoin (FIL) Drops In The Last Week, Storj (STORJ) On The Rise And TMS Network (TMSN) Has Passed Stage 1 Of Presale Within the Web3 industry, new projects are consistently popping up that grab the attention of investors or traders with their presale.

One project has managed to separate itself from the competition with its presale and has passed Stage 1 quicker than expected.That project is TMS Network (TMSN).Alongside the TMNS token, other altcoins saw price swings throughout the week.Today, we will be diving into Filecoin (FIL), Storj (STORJ), and TMS Network (TMSN) to see what cryptocurrency stands out.Filecoin (FIL) Filecoin (FIL) announced that the March 14 mainnet launch of the Filecoin Virtual Machine was approaching and reviewed some of the most common use cases in development.Despite the announcement, the cryptocurrency fell in value throughout the previous week.

As of March 8, 2023, the FIL crypto has been trading at $5.71.This gives investors and traders an indication that the cryptocurrency has decreased by 17.59% in the previous seven days.In the last 24 hours alone, FIL decreased by 2.43%.The cryptocurrency has a bearish outlook, and investors look at different projects as alternatives.Storj (STORJ) On March 2, 2023, Storj announced that they became the official storage partner of the ETHDenver event and would offer attendees a discount on the emissions-reducing technology.The Storj (STORJ) cryptocurrency jumped in value, and its market cap has increased by 6.56%.

The trading volume behind Storj (STORJ) also jumped by 6.20%.While not on a bullish trend, the STORJ cryptocurrency has growth potential.

TMS Network (TMSN) TMS Network (TMSN) has become one of the latest projects to grab the appeal of investors and traders.It is a decentralized trading platform that can enable users the ability to trade all derivatives through the usage of cryptocurrency payments.From stocks, FX, and CFDs, any user can trade them all with cryptocurrency payments.Users are not required to create an account; they can just connect their cryptocurrency wallets directly.Each ecosystem participant can also earn commissions from trading volumes generated by others using the platform.Even dedicated Copy Trader features added through the Social Trading infrastructure will enable anyone to copy the best trades from others in the ecosystem.MT4 and MT5 compatibility will allow users to connect with expert advisors and trading robots on the TMS Platform and access low latency and fast execution.

Stage 1 of the TMNS Presale has concluded, and Stage 2 is already 50% complete, with the token being offered at a value of $0.032.Analysts have predicted that $TMNS will reach $2 in value by the end of 2023.As a result, investors and traders have the unique opportunity to jump into the early stages of a project that can become a dominant force in the crypto space.

All of the information surrounding the presale and project can be found by visiting the links below.Presale: https://presale.tmsnetwork.io Website: https://tmsnetwork.io Telegram: https://t.me/TMSNetworkIO Twitter: https://twitter.com/tmsnetworkio The post Filecoin (FIL) Drops In The Last Week, Storj (STORJ) On The Rise And TMS Network (TMSN) Has Passed Stage 1 Of Presale appeared first on Analytics Insight.Top posts appropriately capitalized1 hour ago Report: Silicon Valley Bank Under FDIC Auction As Calls For Bailout Grow The U.S.Federal Deposit Insurance Corporation (FDIC) began an auction process for Silicon Valley Bank (SVB) late Saturday night, according…Auto-Conversion5 hours ago USDC Dominated Trading Volume On Decentralized Exchanges Amidst Depegging Incident On Saturday, several centralized crypto trading platforms and payment processors stopped USDC auto conversions.However, USDC experienced a significant trading…

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Optimism (OP) Interest Spikes with Coinbase Announcement while Fantom (FTM) Is in The Red and TMS Network (TMSN) Stage 1 Preasle Completes

For a project to remain relevant and competitive within the broader blockchain space, it must innovate in numerous ways and consistently improve its offering.Some projects maintain this growth flow, while others fall behind and enter the red zone.Investors who want to diversify properly must follow the latest trends and remain on the bleeding edge of…

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