There aren’t many words out there that put as much fear into the eyes of the crypto industry as ‘SEC’. SEC stands for the Securities and Exchange Commission, a regulatory board for financial exchanges. Due to the volatility of crypto, the SEC has long since been trying to regulate the industry, and as new rulings continue in 2023, it’s important to consider the future of crypto when staking.
Not all tokens are equal though – the benefits of staking cash in TMS Network (TMSN), Algorand (ALGO), and Litecoin (LTC) all vary greatly. Read on to find out your best option.
TMS Network (TMSN)
TMS Network (TMSN) is a decentralized investment platform, designed to unify crypto, CFDs, equities, FX, and more into a single trading spot. This in itself has protected TMS Network (TMSN) against the SEC, as derivatives are not assets that are being regulated. Along with an educational hub, AI trade bots, advanced analytics, and even social trading platforms, TMS Network (TMSN) presents itself as a safe investment spot despite SEC rulings.
Investors in TMS Network (TMSN) also benefit from high transaction speeds, low fees, and even the right to vote on the future of $TMSN. This voting right could be hugely important in the face of serious SEC action, and along with the platform’s unification of crypto with derivatives, this is doing a fantastic job at protecting TMS Network (TMSN) against the oppressive regulations of the SEC.
Algorand (ALGO)
A huge problem that has arisen from crypto is the unsustainability of blockchain protocols, something that has led environmental activists to pester the SEC for regulations. Algorand (ALGO) is battling against this, offering a blockchain that has a minimal carbon footprint without compromising the speed or fees of its network. Algorand (ALGO) has achieved this in two ways – by leveraging a PoS (Proof of Stake) protocol, and by partnering with ClimateTrade.
In addition to this partnership and focus on environmental sustainability, Algorand (ALGO) also has partnerships with some seriously high-profile clients such as its NFT project with FIFA. Historically, these kinds of high-profile connections will often protect a token against oppressive regulations, and this is exactly what is expected to happen with Algorand (ALGO).
Litecoin (LTC)
Litecoin (LTC) is a crypto token that is valued far higher than TMS Network (TMSN) and Algorand (ALGO) at around $84, but this does not mean it is the strongest option in the face of SEC rulings. Whilst Litecoin (LTC) blew up as one of the crypto giants thanks to its rapid speeds, low costs, and flexible infrastructure, Litecoin (LTC) does not currently have anything that protects it against the SEC.
Unlike TMS Network (TMSN) which tackles the SEC through derivatives and Algorand (ALGO) which achieves it through high-profile partnerships and environmental sustainability, Litecoin (LTC) is a pretty standard albeit efficient crypto token. Therefore, Litecoin (LTC) is anticipated to have a bumpy 2022 and is likely to fall in value significantly, whilst TMS Network (TMSN) and Algorand (ALGO) should at least stay stable.
Conclusion
In conclusion, the recent developments in SEC rulings have great potential to send ripples through the crypto industry, and this will have a hugely negative impact on tokens such as Litecoin (LTC) unless they start innovating fast. Algorand (ALGO) on the other hand will still be beneficial to stake into in 2023 thanks to its connections and sustainability, although this will be overshadowed greatly by TMS Network (TMSN).
Don’t worry – you’ve not missed out on the decentralized unification of the TMS Network (TMSN) platform just yet. Whilst the first wave of presale is already over, it’s not too late to get involved in the ongoing second stage. Don’t just sit there with your Litecoin (LTC)… make your move!
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
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