Big Eyes Coin (BIG) is taking the cryptocurrency market by storm, and its reception keeps improving daily. The presale has crossed the $3 million mark, and it’s only been three weeks. These are indications it will soon join coins like Ethereum (ETH) and Polkadot (DOT) in the top rankings as the most profitable token to invest in at the moment. Sit tight as we give a rundown of these tokens and how the market stands.
Kicking And Screaming With Ethereum (ETH)
Since its launch in 2o15, the Ethereum (ETH) network has been a force to reckon with in the cryptocurrency market. Ethereum (ETH) is one of the largest cryptocurrencies in the market presently, and with good reason. It is second to Bitcoin in market capitalization and offers a better advantage in terms of versatility and profitability.
Ethereum (ETH) is popular for its smart contract protocol, which enables the network to execute transactions as soon as the conditions for the exchange are met. The network previously operated on a proof of work protocol, which was plagued by slow transaction execution and high gas fees, because of the energy required to perform each transaction. Following the much-awaited merge upgrade, the proof of stake protocol has replaced the obsolete structure, and we await reports on the network’s performance with the new addition.
Ethereum (ETH) is in decline, as the price has fallen by some 7.7% in the past week. Notwithstanding, ETH’s cryptocurrency price is expected to spike in the coming weeks. In that case, it is advisable to invest in the token now to benefit from its spike.
The First Name In Security – Polkadot (DOT)
Polkadot (DOT) is one of the most significant cross-chain tokens in the cryptocurrency market. The platform comprises several side chains and a primary relay chain. Its main objective is to achieve scalability while providing a high degree of security to its transactions.
The Polkadot (DOT) network allows for interactions between unrelated blockchains, like Binance and Ethereum. This functionality takes the stress off using intermediate currencies to move assets from one blockchain to another. The platform executes this through its bridges. The bridges link the constituent blockchains together, as well as with external blockchains.
Another distinctive feature of Polkadot (DOT) is that it has several parallel blockchains that can handle smart contract transactions independent of the main blockchain. This arrangement ensures users or operations never overload the network since more than one blockchain is available for trades.
Polkadot (DOT) runs a proof of stake protocol, where the token, DOT, is used to stake and vote on protocol changes. DOT sells for about $6.44, according to CoinMarketCap.
Cat On A Hot Tin Roof – Big Eyes (BIG)
Memecoins exist to provide a humorous atmosphere in the crypto space, to remind us not to take ourselves too seriously. Hence, the developers often overlook the importance of making clearly defined roadmaps to guide the project’s success. However, Big Eyes is not your regular memecoin, and it has a lot in store for you. Read on to find out.
One of the Big Eyes’ significant features is its anticipated NFT club launch, which will increase user traction and activity on the network. More users and operations mean more value for BIG tokens. Also, NFT trade on Big Eyes (BIG) will require no network charges. Hence, all members are free to create and trade NFTs anytime. The official launch will occur sometime in the third pre launch phase, while the current stage will feature a minor release to the members.
Another critical aspect of the project is charity donations. As a member of the Big Eyes (BIG) community, you get to be a part of charity causes to ocean life conservation movements to give back to society. The developers have created a wallet containing 5% of the original tokens, from which they will be drawing their donations.
Big Eyes (BIG) will also be listed on exchange platforms to place the token before a larger audience. UNISWAP is planning a launch soon, and other DEXs are expected to follow soon after.
So, what are you waiting for? Your favorite memecoin is here to stay. Hop on the project while the prices are low. Click here to participate in the presales.
Big Eyes Coin (BIG)