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Big Eyes Coin, Dogecoin, and Polkadot: Profitable Proof-Of-Stake Coins

IndustryTrends

As the world hunts for more sustainable and energy-efficient cryptocurrencies, buying proof-of-stake (PoS) coins like Big Eyes Coin (BIG) has become a sound strategy. These PoS coins offer the great economic potential to their holders, thanks to their staking capabilities.

However, separating lackluster projects from those with real upside potential can be difficult. Thus, this article explores three crypto assets with explosive potential.

Big Eyes Coin

Big Eyes Coin (BIG) is a unique, community-based, cat-themed, PoS meme coin. The project seeks to boost user adoption and profitability in the DeFi ecosystem.

The blockchain ecosystem of Big Eyes Coin (BIG) will promote growth, development, and wealth creation by offering community members unique learning and earning opportunities.

Users can take advantage of these opportunities by leveraging the platform's NFTs, which are expected to appreciate over the next few months.

The growth of its NFT value will boost the value of the Big Eyes Coin token (BIG) and provide funding for value-enhancing initiatives, such as the token burn and liquid pool acquisition.

Furthermore, the proposed marketing efforts of Big Eyes Coin's (BIG) developers, as well as the buzz surrounding the new cryptocurrency, inspire confidence that it could create millionaires once the cryptocurrency market stabilizes.

Though Big Eyes (BIG) is a new cryptocurrency, users and analysts have already expressed much interest in it, given that it generated $1 million in its first week of token presales.

It's still on presale, and interested buyers can purchase it at a paltry price before its value skyrockets.

Dogecoin

Dogecoin (DOGE) remains the largest meme coin by market cap, even though it's no secret that its creators intended the coin to be a joke.

However, the high-fashion industry is one sector where Dogecoin (DOGE) is beginning to create real utility. The news that Gucci has integrated cryptocurrencies, including Dogecoin (DOGE), as acceptable payment in its retail locations is significant for the digital asset.

Additionally, the naturally progressive fashion industry presents Dogecoin (DOGE) with a huge market opportunity. The partnership might signify that other clothing brands will soon start to accept DOGE in their retail locations.

Elsewhere, the Dogecoin (DOGE) Foundation is transitioning to PoS, copying Ethereum (ETH). In December 2021, Dogecoin (DOGE) published a timetable that outlined new features to be added to the platform in 2022.

One of these was the switch from PoW to PoS. DOGE miners have previously criticized the mining model, as they had to solve complex algorithms to verify transactions.

Correspondingly, these algorithms consume a lot of energy. However, the switch to PoS will make the platform more energy-efficient.

At the time of writing, DOGE, the native cryptocurrency of Dogecoin (DOGE), has a coin market cap of over $8 billion and ranks 11th on CoinMarketCap.

Polkadot

Polkadot (DOT) is a PoS cryptocurrency that addresses the challenge of cross-network interoperability through its parachains, a technology that enables parallel (simultaneous) execution of transactions.

Since the existence of the cryptocurrency market, it has been challenging for projects developed on several networks to communicate/interact with one another.

This resulted in the standardization of blockchains, starting with Ethereum's ERC. Still, to address the interoperability issue, any new cryptocurrency would need to use the same base layer, which is unlikely.

Instead, Polkadot (DOT) concentrated on developing a PoS blockchain that could enable data transmission between chains. Polkadot (DOT) also created a system that permitted transactions to be settled simultaneously and in parallel to deal with the increased volume of transactions.

Both of these upgrades significantly increased interoperability, popularizing Polkadot (DOT).

Polkadot (DOT) has proven to be a huge success for both developers and traders. Even with the harsh crypto collapse, Polkadot (DOT) is still one of the largest and best PoS cryptocurrencies. It currently ranks 10th in terms of market cap with a coin market valuation of $8.1 billion.

The Bottom Line

As the coin market evolves, PoS cryptocurrencies represent one of the smartest buys available.

This article highlights the profitability of the proof-of-stake coins, Big Eyes Coin (BIG), Dogecoin (DOGE), and Polkadot (DOT).

Dogecoin (DOGE) and Polkadot (DOT) can be purchased on any major exchange. However, you can enter the Big Eyes presale by clicking the link below!

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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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