Blockchain-based assets like cryptocurrencies and meme coins are fast evolving as alternative options for traditional investment options, all thanks to the advancements in distributed ledger technology. In 2021, the International Monetary Fund (IMF) pegged the market capitalization of the global crypto assets industry at $2.5 trillion. The number is a reflection of the wave of disruption that these assets have been driving across the financial services industry by reducing the dominance of third-party service providers. As far as investors are concerned, crypto assets’ rallying returns and focus on privacy ensure that they get the best of both worlds. Given the deluge of information about cryptocurrencies, it can be a bit overwhelming for rookie investors who are merely trying to spot some dependable options. However, they can start by researching some of the leading names like Big Eyes (BIG), Ethereum (ETH), and Uniswap (UNI) to clear some of the confusion. Once they are satisfied with their knowledge, they can make an informed decision. Here’s a peek into the USPs of these three cryptocurrencies.
Big Eyes: Simplifying DeFi Assets For The Average Investor
Big Eyes is a recently launched meme coin that is inspired by memes based on the life of a cat called Big Eyes, whose biggest complex was his eyes. Whenever he was called cute because of his big eyes, he thought it made him look meek and weak. After living a comfortable life in Washington DC, he was treated to a rude shock after being abandoned by his owners. What followed was a series of unfortunate events and a year of traveling that made him look at his life differently. He realized that his big eyes and cuteness were a strength that could make him rich through viral memes. And, the rest as they say is history. The underlying aim of designing a meme coin like Big Eyes was to bridge the gap between regular investors and decentralized finance (DeFi). Big Eyes seeks to encourage more people to benefit from DeFi protocols by making them less confusing and more accessible.
To facilitate various kinds of transactional purposes on its network, the platform has also launched a native token called BIG. The token has a supply of 200,000,000,000 units and will be available on presale. It can be used for purposes like staking, financing marketing campaigns for the platform, liquidity pool transactions, and for distributing rewards. The platform has set aside 90% of the token supply for presale. Also, no tax or charge would be levied at the sale or purchase of BIG Tokens.
If you are interested in purchasing BIG Tokens, you can use cryptocurrencies like BNB or ETH for this purpose. If you don’t have these cryptocurrencies, you can purchase them with a debit or credit card. The next thing that buyers need to ensure is that their digital wallet is compatible with Wallet Connect and is activated. The Big Eyes team recommends MetaMask for buyers using desktops and Trust Wallet for mobile phone users. In the last step, buyers have to select the payment method and make the payment. The purchased tokens will be made available after the presale ends.
Ethereum’s EIP 4844 Status Upgraded
Ethereum is among the most widely used blockchains in the world. The technology powers thousands of dApps, virtual machines, cryptocurrencies, and non-fungible tokens. It’s also the underlying technology of Ether cryptocurrency. The network has its native token called ETH which is the key cryptocurrency for the platform. The platform recently switched to the proof-of-stake consensus algorithm in a major software upgrade that was called “The Merge’. With the upgrade, the blockchain was able to reduce its energy costs by up to 99%. In a recent development, Ethereum has been in limelight because of its upcoming upgrade – Proto-danksharding or EIP 4844, which is a part of Ethereum’s rollup-centric scaling plan. On November 24, 2022, Ethereum Foundation’s Tim Beiki announced that the blockchain’s core developers have decided to change the status of five proposals including EIP 4844 to “considered for inclusion”.
Uniswap Allows NFT Trading On Its Network
Uniswap is a decentralized trading protocol for swapping cryptocurrencies and building user-friendly dApps. With Uniswap, developers can get access to Ethereum-compatible tools. Plus, there are starting guides, a Javascript software development kit, and documentation to help them with the protocol. As the platform has an open-source code, they can also tweak it according to their requirements. Its native token is UNI and it facilitates all kinds of transactional uses on the network. Recently, Uniswap announced that its users would now also be able to trade NFTs on its network across major marketplaces. It would be airdropping USD Coin worth $5 million for experienced Genie users and offer gas rebates to the first 22,000 buyers.
As far as cryptocurrency analysts who have reviewed the three options go, many are putting their weight behind Big Eyes because of the meme coin’s potential for growth over the long term. It has been garnering favourable reviews because of its functionality and is expected to smash many crypto records over time, as per these analysts.
Learn more about the Big Eyes Token:
Presale: https://buy.bigeyes.space
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
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