3 Cryptocurrencies – Big Eyes Coin, Bitcoin & Ethereum | marketrealtime.com

The first cryptocurrency to enter the market was Bitcoin (BTC), which was quickly followed by Ethereum (ETH). As people marveled at their underlying blockchain technology and utility, both coins dominated the globe. However, only some could imagine how meme coins, which have little use in real life, could achieve the same levels of popularity and take the top spots among the top 20 cryptocurrencies by market valuation.

We now have a newcompetitor in the crypto field. TheBig Eyes Coin (BIG) is preparing for a highly anticipated launch. Big Eyes Coin (BIG) believes that meme coins will eventually eclipse Bitcoin (BTC) and even Ethereum (ETH), even though doing so is becoming more doubtful.

The Unsurprising Rise Of Big Eyes Coin (BIG)

Big Eyes Coin (BIG)

View Full Image

Big Eyes Coin (BIG)

Big Eyes Coin (BIG) is a community-driven coin designed to enhance NFTs, the metaverse, and decentralized finance (DeFi). Contrary to what its name might imply, the project is based on the Ethereum (ETH) blockchain and will function as a decentralized program, making it more of a token than a coin. Through the inherited DeFi routes available on Ethereum (ETH), the project seeks to unite individuals into a community and produce value for its consumers.

The project has so far raised more than 9.5 million and is currently in its presale phase. It has also passed the smart contract audit, and cryptocurrency enthusiasts predict that it will generate large returns after its introduction, which is planned for the end of 2022.

The focus on different charities in this DeFi meme coin is another appealing feature. According to a report, active steps will be taken to safeguard marine life from the negative consequences of pollution and overfishing. To accomplish this, the initiative will contribute a sizable portion of its token supply to organizations that support the ocean. The graphic representation of a cat with large eyes that serves as the core of the meme currency is what gives it its name and its fondness for fish. Let’s now examine some additional characteristics that distinguish Big Eyes Coin (BIG) as a project to keep an eye on.

Bitcoin (BTC) – Most Prominent Altcoin

Bitcoin (BTC), the market leader in cryptocurrency, continuously sets an example for other coins to follow. The significant decrease in Bitcoin from its peak in November 2021, though, should be cause for alarm. Given the asset’s recent price decline, many investors are concerned about the eventual collapse of cryptocurrencies or whether a protracted bear market is establishing itself. Despite this, Bitcoin (BTC) continues leading the market thanks to its enormous capitalization and 21 million coin supply. To slow down the release rate, Bitcoin (BTC) was designed to undergo halving events every four years. The most tradeable coin in the world of finance is still Bitcoin (BTC).

The Excellence Of Ethereum (ETH)

Programmer Vitalik Buterin of Bitcoin (BTC) Magazine proposed Ethereum (ETH) in late 2013 and was released in 2014. Ethereum (ETH) is a distributed computing platform built on the blockchain that supports smart contracts. The platform’s native currency is ether (ETH). With no help from a third party, Ethereum (ETH) is recognized for being used to build various decentralized apps. As a result, extremely practical platforms like OpenSea, Uniswap, and MetaMask were created.

Ethereum (ETH) has been used to create some of the best NFT collectibles in the entire cryptocurrency world, including CryptoPunks and the Bored Ape Yacht Club (BAYC). Not to mention that some of the most well-known cryptocurrencies, such as Chiliz (CHZ), Shiba Inu (SHIB), and Binance (BNB), are based on the Ethereum (ETH) blockchain. By switching from a proof-of-work mechanism to a proof-of-stake protocol in September, Ethereum went one step further to enhance the value of the cryptocurrency market. As a result, it has cut its energy use by 99.5% and is currently among the most eco-friendly cryptocurrencies.

Use codeSUSHI351 for bonus tokens.

Big Eyes Coin (BIG)




Disclaimer: This article is a paid publication and does not have journalistic/ editorial involvement of Hindustan Times. Hindustan Times does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein.

The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.

Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the views, opinions, announcements, declarations, affirmations etc., stated/featured in same. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Hindustan Times of being absolved from any/ all potential legal action, or enforceable claims. The content may be for information and awareness purposes and does not constitute a financial advice.

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.
Download The Mint News App to get Daily Market Updates.


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *