Cryptocurrency

Spread Your Eggs Across These Top Three Cryptos: Solana, Axie Infinity and Big Eyes Coin

IndustryTrends

With the crypto market popping off with an optimistic start to the first month of 2023, it's important to get in the market whilst prices are still relatively low! Most people make the mistake of investing when crypto is at an all-time high, then become heartbroken when the crypto winter kicks in – we're here to help you reverse that process!

In this article, we will be going through a range of cryptocurrencies with distinctive features: Solana (SOL), Axie Infinity (AXS) and Big Eyes Coin (BIG).

Solana – Big L If You SOL'd All Your Solana

Solana (SOL) is a highly efficient open-source project that was introduced in 2020 by Anatoly Yakovenko. It is one of the biggest smart contract networks and a rival to Ethereum (ETH) – hence the title "Ethereum Killer". The coin relies on the permissionless characteristics of blockchain technology to offer solutions for decentralised finance.

Remarkably, Solana can process over 50,000 transactions per second, which is over 3,000 times faster than Ethereum and 1000 times faster than Bitcoin! This makes Solana more scalable as a result. In recent news, the Solana Network announced the launch of the "Saga," an Android phone from Solana Mobile with a web-3 focus that enables users to seamlessly access dApps on the Solana Network, trade, and mint NFTs.

According to information from CoinMarketCap as of the time of writing, Solana has soared by an astounding 81% in the past 30 days and currently ranks at number 11 – this is a bullish sign of times to come for Solana!

Axie Infinity – The Future Of Gaming

Meet Axie Infinity (AXS), a collectables game built on the blockchain in 2018 by Sky Mavis which blends the ideas of ownership, strategic gameplay and a whole load of fun!

In order to advance through the game's levels, players can gather, nurture, fight, and trade imaginary creatures known as Axies, which are modelled after well-known games with adorable monsters like Pokémon and Tamagotchi.

A distinctive feature of Axie Infinity is that these digital creatures are also genuine Non-Fungible Tokens (NFTs), which can be traded on blockchain marketplaces – meaning that they have true financial value.

People from all around the world will gather in Axie, a digital nation, to play, collaborate, and form lifelong connections. Not only is Axie a smart yet fun idea, but it will also help to increase the mainstream adoption of cryptocurrency by many gamers around the world to take their first steps into crypto.

Big Eyes Coin – Small Cat Swings For The Big Gains

Already making so much noise at such an early stage, Big Eyes Coin (BIG) has recently soared passed $22 million in its presale, making it the largest crypto presale in the world in the past two years!

So who's this new cat in town, you ask? Big Eyes Coin is a DeFi community-driven crypto with the dual goals of distributing wealth throughout DeFi and safeguarding the global ecosphere. 5% of BIG purchases will be automatically deposited into a visible charity wallet, with the proceeds going to organisations like Orca Network, Fundlife International, and the Seashepherd that support the protection of marine life.

This meme coin differentiates itself from its competition of thousands of dog-themed crypto's by having the mascot of an adorable cat with enticing big eyes – eyes as big as the gains it'll make! Recently the team announced an exciting NFT launch "The Sushi Crew", which will offer holders exclusive access to events, and also the opening of their new merch Sup-purrr Store. With all these advancements, this coin is only getting closer to reaching the moon!

The Wrap Up

You may have heard the phrase "spread your eggs"… Well, it's one of the most important investing tips, especially when it comes to the world of crypto – having a diverse crypto portfolio is key! Spreading your eggs into different baskets can help you to minimise your risk and maximise your gains.

You can possibly start by adding diverse coins that you can add to your portfolio now: Solana, Axie Infinity and Big Eyes Coin!

Big Eyes Coin (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.

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