• Latest
  • Trending
  • All
Why Are Bitcoin, Big Eyes Coin and Litecoin So Popular in 2023?

Why Are Bitcoin, Big Eyes Coin and Litecoin So Popular in 2023?

April 24, 2023
Crypto Kills Kittens & Steals Your Liver — Fear-mongering at Its Finest

Crypto Kills Kittens & Steals Your Liver — Fear-mongering at Its Finest

June 6, 2023
Implications For The Crypto Market And Signuptoken.com’s Millionaires Club

Implications For The Crypto Market And Signuptoken.com’s Millionaires Club

June 6, 2023
Ethereum Top 10 Whales Now Hold 31.8M ETH, A New All-Time High

Ethereum Top 10 Whales Now Hold 31.8M ETH, A New All-Time High

June 6, 2023
Popular Analyst Says Litecoin on the Edge of Breaking Out, Updates Outlook on Ethereum – Here Are His Targets

Popular Analyst Says Litecoin on the Edge of Breaking Out, Updates Outlook on Ethereum – Here Are His Targets

June 6, 2023
Exploring Tether’s Stability, Market Volatility, and the Prominence of Dogetti, Cardano, and Ethereum

Exploring Tether’s Stability, Market Volatility, and the Prominence of Dogetti, Cardano, and Ethereum

June 6, 2023
Bitcoin developers clash: Has BRC-20 tokens’ time run out?

Bitcoin developers clash: Has BRC-20 tokens’ time run out?

June 6, 2023
7 steps for managing the work order process

7 steps for managing the work order process

June 6, 2023
Crypto shares tumble as Binance SEC lawsuit ripples through industry

Crypto shares tumble as Binance SEC lawsuit ripples through industry

June 5, 2023
The next Dogecoin but 10x better

The next Dogecoin but 10x better

June 5, 2023
Ethereum Deflation Hits Record High Six Months After Merge, What This Means For ETH

VanEck Predicts Ethereum (ETH) To Reach $11,800, Here’s When

June 5, 2023
Hedera, BTC, Litecoin, XRP Prices Wait for a $50 Trillion Black Swan Event

Hedera, BTC, Litecoin, XRP Prices Wait for a $50 Trillion Black Swan Event

June 5, 2023
Crypto Traders Suffer $320M Losses in Liquidations as BTC, ETH, BNB Prices Drop Amid Binance SEC Lawsuit

Crypto Traders Suffer $320M Losses in Liquidations as BTC, ETH, BNB Prices Drop Amid Binance SEC Lawsuit

June 5, 2023
Tuesday, June 6, 2023
DLT EMPIRE
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Altcoin
  • Crypto Mining
  • Dogecoin
  • Litecoin
  • Market
No Result
View All Result
DLT EMPIRE
No Result
View All Result
Home Litecoin

Why Are Bitcoin, Big Eyes Coin and Litecoin So Popular in 2023?

by Cuevas Antonio
April 24, 2023
in Litecoin
0
Why Are Bitcoin, Big Eyes Coin and Litecoin So Popular in 2023?
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter


Burning coins can be an effective way to increase the value of certain cryptocurrencies by permanently reducing their supply. There are various reasons why people might choose to burn coins, including eliminating compromised or redundant coins. In this article, we will explore how burning coins can benefit the crypto industry and discuss two upcoming halving events that could impact the cryptocurrency landscape.

Introducing BIG

BIG Eyes Coin (BIG) is a DeFi meme coin that has garnered significant attention in the crypto industry. Although BIG has not yet launched, it has already become the most prominent presale token of 2023, raising a staggering $34.05M in investments since January. BIG’s popularity can be attributed to its generous offers and bonus deals, such as the limited 300% discount for customers who use the code END300. The token appeals to crypto meme-coin enthusiasts, but it also has ambitious plans to introduce utility, such as launching its own crypto exchange and releasing an NFT collection called the Sushi Crew. Additionally, 5% of all investments made in BIG will be donated to charity, and the token uses a Proof-of-Stake (PoS) consensus to validate transactions, reducing the energy consumption of the blockchain.

2024 Bitcoin Halving

Bitcoin (BTC) is a well-known cryptocurrency that has experienced significant volatility over the years. However, analysts predict a bull market for BTC due to its upcoming halving event. Bitcoin’s halving is a process where the rate at which new bitcoins are created and released into circulation gets halved. The event is set to occur in either April or May of 2024, prompting many investors to invest in BTC before the coin’s value increases. Experts forecast that BTC could reach $40K in the next year, and the reward system will continue until the year 2140, at which point there will be a proposed limit of 21 million bitcoins in existence.

2023 Litecoin Halving

Litecoin (LTC) is also preparing for a halving event that is considered one of the most anticipated events in the 2023 altcoin calendar. The volume of LTC awarded to miners will be halved, which could impact the value of Litecoin and other crypto assets. LTC has a similar halving mechanism to BTC, which also undergoes a halving event every four years. As a result, these events can cause a series of price movements surrounding the cryptocurrency, making it essential to monitor if you’re invested in cryptocurrencies.

While burning coins can increase a cryptocurrency’s value, it can also have negative effects such as reducing the liquidity of the currency. This means that fewer coins are available for buying or selling, which can impact the market. However, this will not apply to both BTC and LTC due to their vast supply amounts.

Click Below For More On Big Eyes Coin (BIG)

 

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

 

 

 

 

 

 



Source link

Tags: BigBitcoinCoinEyesLitecoinPopular
Share196Tweet123Share49
Cuevas Antonio

Cuevas Antonio

  • Trending
  • Comments
  • Latest
Rise of AI-Powered Cheating: Challenges and Solutions for Educators

Rise of AI-Powered Cheating: Challenges and Solutions for Educators

March 20, 2023
Former FTX US President Reportedly Quit After ‘Protracted Disagreement’ With Bankman-Fried

Former FTX US President Reportedly Quit After ‘Protracted Disagreement’ With Bankman-Fried

April 10, 2023
What is Cloud Mining and How Does it Work?

What is Cloud Mining and How Does it Work?

April 10, 2023
Silicon Valley Bank: Bitcoin investors in panic as market goes sideways

Silicon Valley Bank: Bitcoin investors in panic as market goes sideways

0
24 Crypto Terms You Should Know

24 Crypto Terms You Should Know

0
Bitcoin, Ethereum, Dogecoin Rally As Team Biden Cushions SVB Blow

Bitcoin, Ethereum, Dogecoin Rally As Team Biden Cushions SVB Blow

0
Crypto Kills Kittens & Steals Your Liver — Fear-mongering at Its Finest

Crypto Kills Kittens & Steals Your Liver — Fear-mongering at Its Finest

June 6, 2023
Implications For The Crypto Market And Signuptoken.com’s Millionaires Club

Implications For The Crypto Market And Signuptoken.com’s Millionaires Club

June 6, 2023
Ethereum Top 10 Whales Now Hold 31.8M ETH, A New All-Time High

Ethereum Top 10 Whales Now Hold 31.8M ETH, A New All-Time High

June 6, 2023

Recent News

Crypto Kills Kittens & Steals Your Liver — Fear-mongering at Its Finest

Crypto Kills Kittens & Steals Your Liver — Fear-mongering at Its Finest

June 6, 2023
Implications For The Crypto Market And Signuptoken.com’s Millionaires Club

Implications For The Crypto Market And Signuptoken.com’s Millionaires Club

June 6, 2023
Ethereum Top 10 Whales Now Hold 31.8M ETH, A New All-Time High

Ethereum Top 10 Whales Now Hold 31.8M ETH, A New All-Time High

June 6, 2023

Categories

  • Altcoin
  • Altcoin News
  • Altcoins
  • Artificial Intelligence
  • Bitcoin
  • Blockchain
  • Business
  • Crypto Mining
  • Cryptocurrencies
  • Culture
  • Dogecoin
  • Economy
  • Education
  • Ethereum
  • Featured
  • Governance
  • Litecoin
  • Market
  • News
  • Uncategorized

Converter

Cryptocurrency Prices by Coinlib

© 2023 Dlt Empire | All Rights Reserved

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Altcoin
  • Crypto Mining
  • Dogecoin
  • Litecoin
  • Market

© 2023 Dlt Empire | All Rights Reserved