When you think about the coin market, it’s easy to remember names like Bitcoin, Ethereum, and Solana. However, these are not the only cryptocurrencies in this ecosystem. There are thousands of them available to traders. Most inexperienced traders think purchasing the biggest coins is the best way to make money in cryptocurrency. This may seem like a good idea, but it also exposes you to massive price dumps.
A better strategy is to purchase crypto gems that are yet to peak. These projects have special use cases, but many people have yet to hear about them, or they are yet to peak. When you purchase them early, you’ll enjoy better price gains. This piece will look at hidden crypto gems to invest your money in.
Polygon may already have some reputation in the crypto space. But it’s still a relatively new coin with plenty to offer. When Polygon was first released on the coin market, it was referred to as the Matic network. As a layer-2 protocol, Polygon was designed majorly to support the Ethereum blockchain. It will ensure that all activities on the Ethereum blockchain occur smoothly and at a low cost. Many traders have wondered what’s next for this layer-2 token, but the upcoming upgrades on the Ethereum network have indicated that Polygon may soon become one of the most sought-after crypto coins. After the Ethereum merge, there are plans to increase the blockchain’s reliance on layer-2 protocols. Polygon is one of the protocols outlined to play a major role.
By supporting the Ethereum network, Polygon will gradually build a reputation. Undoubtedly, more people will have no choice but to use its blockchain. MATIC is the currency that powers the Polygon decentralized protocol. It uses a proof-of-stake consensus to power most of its transactions.
When Algorand was introduced to the coin market a few years ago, many users were thrilled to learn about it. This project exists as a cryptocurrency and as a blockchain platform. Algorand is popular for its ability to handle multiple transactions at once. It also has a near-instant transaction finality. This cryptocurrency project can handle multiple transactions, just like traditional payment systems. But it can do it better because it has access to the blockchain. Using the blockchain, it’s possible to process money transfers without waiting for third-party confirmations. ALGO is the currency on this blockchain. Users can use it to settle their transaction charges and secure the network. You can buy ALGO on the blockchain or on any of the top cryptocurrency exchanges worldwide.
Algorand is an open-source blockchain. Therefore, users can view its code and contribute to it. Algorand recruits validators to approve its transactions. These validators will be rewarded with ALGO tokens. This project touts itself as an efficient and highly scalable protocol. Therefore, many users have quickly signed up to participate in the project. There’s a total of 10 billion ALGO tokens on the coin market.
Big Eyes Coin
Big Eyes Coin is a crypto gem in the meme sector. It’s easily one of the hottest projects in the meme sector based on current events. This community-driven token is the first of its kind. The developers have created a meme coin that will let them mint NFTs. Now, that’s more than you’ll get from any other meme coin. Notably, 90% of the total supply of Big Eyes will be released to users. These tokens will be sold to users during the presale. This presale is broken into different stages, and we’re currently in the second stage. After the second stage, the price would increase by 15%. By supporting NFT creation, Big Eye is a meme coin that will maintain its relevance for a long period. The ultimate plan is to ensure this coin is one of the top projects in the crypto space by 2030.
Big Eyes Coin (BIG)