The Year OF The Altcoin: Is Big Eyes On The Way To Dominate The Crypto Market Over Ethereum And Apecoin?

The Year OF The Altcoin: Is Big Eyes On The Way To Dominate The Crypto Market Over Ethereum And Apecoin?
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Ethereum (ETH) has been a dominant force in the cryptocurrency market as the second-ranked cryptocurrency, just below Bitcoin (BTC). Apecoin (APE) has also gained popularity as a cryptocurrency favored by metaverse users. However, the spotlight may now be shifting towards new altcoins, and Big Eyes Coin (BIG) is poised to potentially dominate the crypto market.

Ethereum: The Leading Blockchain Platform

Ethereum is one of the pioneering decentralized blockchain networks that hosts numerous crypto platforms. Unlike Bitcoin, which was primarily designed for currency exchange, Ethereum was built to enable smart contracts and support decentralized applications, offering a wide range of functionalities on its network.

The recent Shanghai Upgrade has brought several benefits to Ethereum users. For instance, long-term Ether token holders can now withdraw their funds from their accounts. In just half an hour after the Shanghai Upgrade was completed, the network witnessed over 280 withdrawals totaling 5,413 $ETH, equivalent to around 10 million dollars in fiat currency.

Another notable change is Ethereum's adoption of a new consensus mechanism. Previously reliant on proof-of-work, Ethereum has now transitioned to proof-of-stake, making it more convenient for investors as they no longer need to perform tasks within the network to remain engaged. Vitalik Buterin, the co-founder of Ethereum, has highlighted that one of the network's priorities post-Shanghai is to improve speed and cost-effectiveness to compete with rivals such as Avalanche (AVAX) and Solana (SOL).

The Rise of Apecoin

Apecoin was specifically designed for enthusiasts and explorers of the Metaverse, the decentralized virtual space for digital art collection and NFT investment. Despite being relatively new, having been launched in March 2022, Apecoin has gained significant attention, with trading volume exceeding two million dollars in its first week. It has also generated a significant following on social media platforms such as Twitter and Reddit.

However, Apecoin is not immune to the overall volatility of the crypto market. Its value has fluctuated widely, ranging from $6.50 to $40, which can be off-putting for potential investors. Apecoin still has much to prove in the crypto market, and time will tell if it can establish itself among other established altcoins. Notably, Apecoin has incorporated charity as a percentage of every transaction fee goes to a charity wallet.

Big Eyes Coin as a Big Competitor

Big Eyes Coin, on the other hand, addresses some of the shortcomings of other altcoins. Dogecoin (DOGE), for example, faces the issue of excessive coin production, leading to a decrease in its overall value. In contrast, Big Eyes Coin has a finite supply, reducing the likelihood of encountering this problem for investors in $BIG. Apecoin, on the other hand, is known for its volatility and unpredictability, which Big Eyes Coin seeks to overcome.

Big Eyes Coin has made history with its presale, being one of the most generous presales in the crypto world, demonstrating its commitment to giving back to the community in creative and exciting ways. For instance, the Lootboxes were a unique approach to encourage the purchase of $BIG, with the potential for investors to win double or even triple the amount of $BIG, attracting many buyers.

Currently, there is a set date for the end of the presale for Big Eyes Coin. Investors have until June 3rd to participate before the price increases. Additionally, Big Eyes Coin is offering a 300% bonus that can be claimed using the bonus code END300.

To learn more about Big Eyes Coin (BIG), click on the following links:

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