.png){kind=logo}
As the crypto market heats up, investors are seeking high-potential altcoins to invest in. Ethereum, the second-largest cryptocurrency by market capitalization, has been leading the charge. Its founder, Vitalik Buterin, has been a driving force in the industry, advocating for the adoption of smart contracts and the use of the Ethereum blockchain.
The recent Shanghai upgrade has also fueled excitement, but many are wondering when smaller cap alts, like Big Eyes Coin, will follow suit. In this article, we will examine and analyze the similarities and differences between Ethereum and Big Eyes Coin in the fintech industry to determine the likelihood of the latter catching up to the alt season.
Big Eyes Coin is a relatively new cryptocurrency that aims to improve upon the scalability and security of previous blockchain technologies. It is considered to be the next big thing in cryptocurrency, offering a variety of features and ensuring that all who invest make the most of the coin.
The platform has grown substantially in the few months since the presale launched and has already built up a revenue stream of $34 million. This comes as a result of its evolving features that bring about a lucrative attraction for investors.
These include their loot boxes, and NFT investments. Since the presale is set to close soon, one other very attractive feature is the welcome bonus of up to 300% – END300.
The coin's main selling point is its potential to be as big as its predecessors Dogecoin and Shiba Inu, possibly being one of the largest players in the meme-coin space. In addition to this, it gives investors countless opportunities for financial growth, giving it a significant competitive strength against Ethereum.
Ethereum is a decentralized blockchain platform that enables developers to build decentralized applications (dApps) using smart contracts. Smart contracts are self-executing contracts with the terms of the agreement directly written into code, allowing for secure and automated transactions without the need for intermediaries.
Ethereum has been a game-changer in the fintech industry, providing solutions for various sectors, including finance, gaming, and supply chain management. Its most recent Shanghai upgrade has introduced a new consensus mechanism that allows for faster transaction processing and lower fees.
Their success can be attested to in their value, whilst taking a huge hit during the crypto winter, the coin has successfully begun a steady recovery. This reveals the strength and power of its investor network and its overall dominance in the market.
While Ethereum and Big Eyes Coin share similarities in their use of smart contracts and blockchain technology, there are significant differences that set them apart. Firstly, Ethereum is an established cryptocurrency with a market cap of over $250 billion, while Big Eyes Coin is a relatively new player with a market cap of just $34 million.
Ethereum also has a more diverse use case, with a wide range of dApps and protocols built on its platform. In contrast, Big Eyes Coin has a focus on wealth generation and environmental responsibility.
Another factor to consider is the level of adoption and network effects. Ethereum has a vast network of users and developers, with over 200 million unique addresses on its blockchain. Its extensive ecosystem includes popular DeFi protocols, like Uniswap and Aave, and NFT marketplaces like OpenSea. Big Eyes Coin, on the other hand, has yet to establish a significant user base or ecosystem, but shows potential to be environmentally focused whilst also attracting high rollers and big earners.
While Big Eyes Coin has potential as a new player in the cryptocurrency market, it has a long way to go before catching up to Ethereum's dominance. However, it is matched with Ethereum in certain cases such as dominance on NFT marketplaces, security, competitive strength and investment.
Ethereum's established network effects, diverse use cases, and growing adoption make it a more attractive investment for serious investors and researchers. However, as the crypto market continues to evolve, Big Eyes Coin could see growth in its user base and ecosystem, making it a more viable investment in the future.
Ethereum leads the alt season, and while Big Eyes Coin has the potential to be the next great memecoin, it has a long way to go before catching up to Ethereum. Investors looking for high-potential altcoins should keep an eye on Big Eyes Coin's development, but it's essential to do own due diligence and research before investing. Exciting times are ahead for the crypto market, and there are undoubtedly opportunities for high returns on altcoins, particularly Big Eyes Coin.
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
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.
