Cryptocurrencies are making an impact on the global economy. Although blockchain technology and cryptocurrencies have their roots in Japan, they have quickly gained popularity because of their distinctive qualities. The ascent of cryptocurrencies has begun, and businesses must act quickly to avoid being on the losing end of crypto-economics.
People are anticipating using cryptocurrency to pay for daily living expenditures in 2023. Big Eyes Coin (BIG) is an innovative cryptocurrency that aims to provide wealth to its users. It aspires to transfer income from the existing banking system to the DeFi ecosystem, enabling users to make money in the web3.0 area while also enjoying its benefits. In this expository article, we will analyze the features of Big Eyes Coin alongside Ethereum (ETH) and Tezos (XTZ).
Ethereum (ETH): The Building Block of Crypto
Ethereum (ETH) is a prime example of a crypto-edition household name, running as a decentralized blockchain system with its own cryptocurrency. The open-source platform also hosts other cryptocurrencies and performs decentralized smart contracts.
It was discovered in 2013 through a whitepaper written by VitalikButerin, who later teamed up with other co-founders to gather funds to take the project public. Ethereum’s goal was to become a globally used platform for decentralized apps (dApps), allowing people worldwide to build and execute fraud, censoring, and downtime-resistant software.
Ethereum is regarded as the forerunner of the blockchain smart contract network concept, enabling the execution of smart contracts via the blockchain, and enhancing the already existing benefits of smart contract technology. The ERC-20 compatibility standard of Ethereum allows the platform to act as a host for other cryptocurrencies, which is primarily what it is utilized for. The market capitalization of Ethereum is expected to be more than $148 billion. The current price of Ethereum is $1,266.64, and its 24-hour trading volume is $4,408,339,513.
Tezos (XTZ): Project Creation
Tezos (XTZ) is a major player in the cryptocurrency industry and is another cryptocurrency to consider purchasing right now owing to its extensive capabilities and profit possibilities.
The vast ecosystem that is powered by Tezos (XTZ) is home to developers, creators, and innovators who are all dedicated to expanding and improving the protocol that drives Tezos (XTZ). Tezos (XTZ), one of the most popular coins on the cryptocurrency market, appeals to developers, traders, and fans alike.
Users can create crypto projects spanning Web3, non-fungible tokens (NFTs), DeFi, entertainment, design tools, and more with Tezos (XTZ). By using their tokens, holders can generate a passive income. Users of Tezos (XTZ) have the option of trading the cryptocurrency for high returns or investing and lending the cryptocurrency for token payouts.
The instability and ambiguity that characterizes the cryptocurrency market and the larger market in 2022 might be considered the cause of the ongoing drop in Tezos (XTZ) pricing. Tezos (XTZ) is currently trading at $1.36, a significant decrease from its previous high of $9.17. Investors are still deciding whether the price will rise soon with this.
Big Eyes Coin (BIG): New Meme Coin Looking To Increase Utility
Big Eyes Coin (BIG) is a trending cat-themed meme coin created to promote social development and economic accumulation. As a coin with a strong sense of community, 80% of its supply is shared for generating wealth in the local area, and 5% is donated to charity. Big Eyes works to protect the ocean from two serious issues: overfishing and pollution. The 5% will be kept in a wallet until it is time to donate it to marine conservation organizations.
Big Eyes went from being a meager coin to dominating a $1 billion market. Big Eyes intends to establish an NFT project that will result in Big Eyes events and push BIG for a top 10 NFT project with its love of art and desire to rule the sea.
Big Eyes Coin may benefit from the increased scalability that Ethereum offers for its community because it is based on the Ethereum network. Big Eyes Coin has only success in mind with its flawless roadmap plan. Big Eyes has the potential to be as popular as other dog meme coins and has developed a devoted following on social media. Early investors in Big Eyes have the chance to make a huge profit as the coin is on its way to becoming one of the top meme coins.
For More Information On Big Eyes (BIG):
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Telegram: https://t.me/BIGEYESOFFICIAL
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