As we recover from the unexpected collapse of crypto lender BlockFi, cryptocurrencies have fallen once more. With notable cryptocurrencies like Dogecoin (DOGE) and Cosmos (ATOM) displaying instability and uncertainty, it can take time to locate a project with growth potential. However, a newcomer is slowly making its way into numerous crypto headlines. Big Eyes Coin (BIG), the best investment opportunity in 2023, is now in presale, and all eyes are on it!
Dogecoin (DOGE) is generally regarded as the first meme coin. DOGE (DOGE) was long ranked tenth in terms of market capitalization. However, as of this writing, it is ranked ninth on the list. Moving up the market is a strong indicator that the market is rebounding. Nobody could have expected that Dogecoin (DOGE), created in 2012 by Billy Marcus and Jackson Palmer, would spawn an entire industry sector. Dogecoin (DOGE) was dubbed the first meme coin since it was designed to mimic Bitcoin (BTC). Consequently, Dogecoin (DOGE) has surpassed Bitcoin as the most popular meme coin in the crypto market. This cryptocurrency is accepted as payment by over 300 online shops.
Interest in Dogecoin (DOGE) soared after Elon Musk recommended it as a superior Bitcoin (BTC) substitute in a tweet. Elon was expected to accept Dogecoin (DOGE) as payment for his services by many meme coin dealers and supporters, and for a moment, he did. One may claim that Dogecoin (DOGE) popularity stimulated the development of other meme coins.
The price of Dogecoin is $0.091170, and its 24-hour trading volume is $626,514,271. On the previous day, Dogecoin increased by 0.70%. At the time of writing, the market cap of $12,095,654,999 places the present CoinMarketCap ranking at position 8.
Cosmos (ATOM), a highly functional cryptocurrency project, is renowned in the industry for offering workable answers to some of the most challenging issues, including fragmentation, scalability, speed, and performance. It essentially counterbalances the "slow, expensive, unscalable, and environmentally destructive" proof-of-work techniques used by more traditional blockchain systems, including Bitcoin (BTC). This was accomplished by Cosmos (ATOM) by providing a network of interconnected blockchains.
The native cryptocurrency of the Cosmos platform, ATOM, lies at the heart of all operations. ATOM plays a significant role by offering utility and facilitating many crypto activities, including network administration, payment fees, and user engagement. Since its introduction, Cardano (ADA) has generated a lot of buzzes since it promotes scalability and decentralization while giving consumers independence and liberty through quick, inexpensive, and effective transaction processes.
The native token of the system is called the ADA coin, and it bears the name of the 19th-century mathematician Ada Lovelace, who is widely recognized as the first computer programmer. The parent chain of numerous Blockchain-based applications, including the Sundaeswap DEX and the MELD decentralized lending technology, is provided by Cardano (ADA). The current price of Cosmos is $9.78, and its 24-hour transaction volume is $105.38 M.
The three main pillars of a successful cryptocurrency project are a strong community, distinctiveness, and utility. These three essential characteristics show that Big Eyes Coin (BIG) is moving in the right direction.
The platform's fan base is growing daily, and its members are already publicizing how well the initiative is doing. Big Eyes' community has grown due to the project's various utilities. The Big Eyes team supports many deserving causes as part of its mission to deliver vital services worldwide. Big Eyes' current presale period has helped it achieve this goal in many ways.
Big Eyes has utilized its platform to promote numerous international causes throughout this time. With ambitions to support more, Big Eyes has already contributed to four recognized charitable foundations. The Ethereum blockchain network is the home for Big Eyes' basic architecture.
The Big Eyes project is being hosted on the Ethereum network to give consumers a fantastic experience as they experience its ecosystem.
Technical issues like scalability, traffic, throughput, and security flaws plagued some existing blockchain applications. Big Eyes chose the Ethereum blockchain as its host to prevent those issues on its platform. So be sure to have a great experience when you join the BIG family. If you like this project, here is a promo code Ocean397 to win some free tokens when purchasing BIG.
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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.