SPONSORED POST*
As a general rule of thumb, portfolio diversification is the best hedge against inflation and economic instability. Having different types of cryptos in your portfolio will not only help limit your losses but also your portfolio volatility over time. Ripple (XRP), Bitcoin Cash (BCH), and Big Eyes (BIG) are three good options to diversify your portfolio. XRP is a top 10 blockchain project trading below $1, while BCH is a Bitcoin (BTC) hard fork, and BIG is an upcoming community project that has recently entered stage 6 of its presale. Let’s learn more about these three and their distinguishing qualities.
Ripple (XRP) – A Top 10 Crypto Under $1
Ripple is a blockchain project in the financial services industry with its native token, XRP. It is an energy-efficient, permissionless, decentralized network with a minimal transaction fee, high speed, and scalability. Payments, tokenization, DeFi (Decentralized Finance), stablecoins, and CBDCs (Central Bank Digital Currencies) are some of its top applications presently. Its XRP Ledger uses a consensus mechanism to confirm public and transparent transactions.
Its creators, Ripple Labs, have been in a legal battle with the U.S. SEC (Securities Exchange & Commission) since 2020, which could change how cryptocurrencies are regulated in the future. With a market cap of over $22 billion, XRP was ranked in the top 10 on CoinMarketCap (CMC) at the last check. The crypto currently trades below $1, while its previous ATH (all-time high) was $3.84 in 2018.
Bitcoin Cash (BCH) – A BTC Hard Fork
Resulting in a 2017 BTC hard fork, Bitcoin Cash (BCH) is a peer-to-peer electronic cash solution. Compared to its predecessor, it can process a more significant number of transactions per block, lowering its transaction fees and time theoretically. However, both operate on the same PoW (Proof-of-Work) consensus mechanism and have their max supply fixed at 21 million.
BTC also went through a hard fork in 2018 and created Bitcoin Cash ABC (eCash) and Bitcoin Cash SV (Satoshi Vision). This altcoin was trading below $110 at the time of writing against its ATH of $4,355.62 in December 2017, marking a decline of over 80%. Furthermore, its market cap is over $2 billion and ranks among the top 35 projects on CMC.
Big Eyes (BIG) – The Upcoming Meme Project
Built on the Ethereum blockchain, BIG is a community-fueled and community-focused cryptocurrency in the meme space. The cute cat altcoin has many meaningful goals, including wealth generation for its community, transforming the DeFi ecosystem, and saving the oceans through charity events. BIG has a thorough roadmap of four stages to achieve its goals and succeed in its mission.
The roadmap also includes launching its NFT (non-fungible token) events and a collection aimed at the top 10 in the space. Additionally, 70% of its 200 billion supply is available to the public in the presale. 20% are reserved for exchanges, 5% for marketing, and 5% for charity.
Investors can also use the code BEYES907 to get a bonus on all coins purchased.
What’s the Process of Entering BIG’s Presale?
The process of entering BIG’s presale is very straightforward. All you need to have is a crypto wallet and funds in one of the three required cryptos, BNB, USDT, or ETH. You can then buy your required number of tokens through their presale page. The purchased tokens would be available for collection only after the conclusion of the presale season.
Final Thoughts
Simply put, one should always add different projects to their portfolio to ensure diversification. XRP, BCH, and BIG are some excellent choices for the said purpose right now, with the last one near its market launch. Initiated only in mid-2022, the project has raised over $8.5 million in its presale so far.
For more information on Big Eyes (BIG), you can visit the following links:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.
