Purchasing and holding on to Bitcoin (BTC) when it was still small seemed like an unnecessary risk at the time but those who took the step are better off for it today. There are a lot of cryptocurrencies with good histories in the crypto market like Avalanche (AVAX) and Binance Coin (BNB) but even these started from almost nothing. Now, Big Eyes Coin (BIG) is the newest addition to the crypto industry and those willing to take that risk now could end up being the happy ones in the not-so-distant future.
Big Eyes Coin (BIG) – New Can Be a Lot Better
Big Eyes Coin (BIG) has potential the likes of which have not been seen in the crypto market for a long time. It is a lot more than just another meme coin joining the long list and the buzz it has been able to generate since its launch is proof of that. With its community as a driving force, Big Eyes Coin (BIG) wants to make a positive change in the world by supporting efforts of marine conservation.
The strong community is also key to building the self-propagating, strong blockchain ecosystem that Big Eyes Coin (BIG) has planned. This ecosystem will be sustained through NFTs and NFT-based events with regular giveaways. Big Eyes Coin (BIG) wants to bring a lot of wealth into its Decentralized Finance (DeFi) ecosystem and it is on the path to achieving this goal and its community members will be the ones who enjoy this.
Avalanche (AVAX) Could Be the Strongest one Among Ethereum’s (ETH) Rivals
Avalanche (AVAX) is an open-source blockchain that works using Avalanche (AVAX) tokens. It was built to be a rival to Ethereum (ETH), one of the largest cryptocurrencies in the world, and its design makes it a faster and cheaper alternative. The Avalanche blockchain supports the development of Decentralized Applications (dApps) and smart contracts, just like Ethereum (ETH), and it also supports NFTs. Avalanche (AVAX) reaches consensus using the Proof-of-Stake algorithm and because of this, it can handle 4,500 transactions every second, all at a fraction of the cost of transactions using Ethereum (ETH) or other similar cryptocurrencies.
Avalanche (AVAX) also puts its users in control and Avalanche (AVAX) token holders can stake their tokens to vote on the amount to be paid as fees on the blockchain. Fees levied on transactions are all burned to reduce the supply of Avalanche (AVAX) tokens which will drive up its price as it becomes scarce.
The Growth of Binance Coin (BNB) is a Source of Confidence for Users
Binance Coin (BNB) is a utility token that serves as the native cryptocurrency for the Binance Smart Chain (BSC) and all other products under the Binance ecosystem. Binance was launched in 2017 by Changpeng Zhao and Binance Coin (BNB) was initially used to provide discounts for trades on the Binance Exchange. It was launched as an ERC-20 token but it moved to its blockchain in 2019 when the Binance Chain was launched. Binance Coin (BNB) has come a long way from its utility levels at launch and it is now the default trading pair on the Binance Decentralized Exchange (DEX) and it powers smart contracts and dApps that run on the Binance Smart Chain. Its blockchain reaches consensus using a Proof-of-Staked-Authority consensus algorithm which allows users to become validators on the blockchain by staking their Binance Coin (BNB).
Although Binance Coin (BNB) and Avalanche have a history of being reliable in the crypto industry, the risk of holding on to the new guy has made a lot of millionaires in the crypto market. With Big Eyes Coin (BIG), there could be a lot more.
Big Eyes Coin (BIG)