Cryptocurrency

Big Eyes Coin Is Merging Activism with Blockchain Technology While Wrapped Bitcoin And Shiba Inu Offer the Same Old Functionalities

IndustryTrends

Cryptocurrencies have made a significant difference in the financial market since their inception. Due to this, several people have been developing their blockchains and most of them turn out to be rug-pulls due to inadequate planning and sponsorships. Therefore, certain currencies are perceived as a scam and nothing else. But with Big Eyes Coin (BIG), Wrapped Bitcoin (WBTC), and Shiba Inu (SHIB), this narrative might be changing. This is because these currencies operate on decentralized networks and make transaction fees cheap.

Big Eyes Coin (BIG) takes a step further by combining activism with blockchain technology; 5% of the BIG tokens will go to charity organizations. Wrapped Bitcoin is a token that plans to represent Bitcoin (BTC) on the Ethereum blockchain. Shiba Inu (SHIB) is a meme coin that promotes decentralization and spontaneity.

Big Eyes Coin Is A 'No Rug-Pull' Zone

Big Eyes Coin (BIG) is a meme coin that plans to compete with the big cryptocurrencies by creating a platform that increases wealth and values the contribution of the community members. Big Eyes Coin is a decentralized platform that sets itself apart from other meme coins by using a cute doe-eyed cat mascot instead of the overused dog mascots. Judging from the already established large communities on social media and the ongoing successful presale, Big Eye Coin's roadmap is progressing swiftly with enviable growth.

Non-Fungible Tokens (NFTs) will be an integral part of the Big Eyes ecosystem. These NFTs are cat-themed and live up to the goal that the platform sets out to achieve. As an incentive, both buyers and creators of NFTs are entitled to 5% of the profits made from the sold NFTs. Big Eyes Coin cares about the environment and plans to make large donations to organizations that support ocean conservation. Recently, Big Eyes Coin donated to Pets for Vets and Sea Shepherds. The project is also actively communicating with its community members as they hold interactive Twitter sessions often.

Access Bitcoin On Ethereum With Wrapped Bitcoin

Wrapped Bitcoin is a project that plans to represent Bitcoin on the Ethereum network. It is an ERC-20 token that was created to track Bitcoin's value. Due to the popularity of Decentralized Applications (dApps) on Ethereum, Wrapped Bitcoin was an attempt to ensure that Bitcoin users enjoy these apps.

Wrapped Bitcoin (WBTC) can be exchanged for BTC and vice versa and this is made possible by a Proof of Reserve system. Wrapped Bitcoin makes it possible for Bitcoin to be accessible and functional on other platforms. This implies that with Bitcoin, individuals can access Ethereum's smart contracts and dApps.

Communication between blockchains is currently warped and not all of them have access interoperability; Wrapped Bitcoin hopes to address this and create a seamless method to facilitate better interactions. Although Bitcoin has been around for a while, it has its limitations and Wrapped Bitcoin plans to expand its reach by making it more beneficial for traders, and certain institutions that accept cryptocurrency as an alternative form of payment.

Shiba Inu: Decentralized And Flourishing

Shiba Inu (SHIB) is a meme coin that aims to be an efficient alternative to Dogecoin which is the pioneer token of the meme community. Shiba Inu ensures the abundant availability of SHIB; as there is a total supply of one quadrillion of SHIB tokens and users can purchase as many as they want. Shiba Inu is completely governed by its community members and there is no centralized leadership on the platform.

With the help of the community members, ShibaSwap (a Decentralized Exchange (DEX) that facilitates trading with no intermediaries was created. Due to the success of the ShibaSwap, the users plan to release an NFT collection and a DAO-based governance system.

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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