What Does BNB’s Partnership With FTX Mean for Emerging Blockchain Networks Like Big Eyes Coin?

BNB (BNB) is one of the largest cryptocurrency exchanges based on global daily trading volume. Recently, the blockchain network has announced its partnership with rival FTX adding a new twist to the days-long public disagreement between the world's two main crypto exchanges, which contributed to the decline of multiple digital coins such as Bitcoin and Ethereum.

This comes after the multiple crashes that have occurred throughout the year, starting initially in May 2022. Despite this year being a difficult time, people are still looking for ways to bring financial fruition through the use of cryptocurrencies. Big Eyes Coin (BIG) is a new network that has already received a lot of attention due to its adorable charm and eccentric mascot. But what does BNB's partnership with FTX entail for new networks like Big Eyes Coin? 

BNB's Partnership With NFX

As previously mentioned, BNB (BNB) is one of the most prominent cryptocurrencies in the market due to being the largest global exchange based on daily trading volume. The Binance network includes the Binance Chain, Binance Smart Chain, Binance Academy, Trust Wallet, and Research initiatives, all of which use blockchain technology to provide new-age money to the globe. Many of Binance's sub-projects rely on BNB to function.

Binance said on 8 November 2022 that it had signed a letter of intent to purchase rival FTX Trading, which it claimed was experiencing liquidity issues. FTX announced a strategic deal with Binance, subject to due diligence. Ever since the announcement, Bitcoin has reduced early losses, trading down 2.8% from almost 5% earlier. Ether, another heavily monitored cryptocurrency, is down 3%. Meanwhile, Binance Coin, Binance's crypto exchange asset, rose 12% in response to the announcement.

Can Big Eyes Coin Capitalise On The Bear Market?

If you haven't heard about Big Eyes Coin (BIG) already, then you've most likely been living under a rock. The new meme coin has already demonstrated its potential to capitalise on a bear market through its marketing creativity and distinctiveness. Simply visiting the Big Eyes website will give you an idea of the kind of NFTs that will be available. Since cats are the main theme, anticipate a range of colourful and hilarious cat illustrations, as well as other cat-related themes.

NFT Sushi Crew is a Big Eyes currency marketplace for folks who enjoy collecting adorable items and taking part in fun events. These NFTs may not be sufficient to defeat digital behemoths such as The Sandbox or Decentraland. What the NFTs promise, on the other hand, makes a significant difference. The blockchain network aims to conserve the ocean with a designated charity wallet in which 5% of its entire supply will be donated to marine conservation organisations.

Big Eyes Coin's sustainability stems from its use of the Ethereum blockchain, which has recently transitioned from a proof-of-work (PoW) consensus to a proof-of-stake consensus (PoS). Due to its energy efficiency and usage of less specialised equipment, proof-of-stake is a more ecologically friendly technique that might reduce electronic waste. The meme coin has already raised $9.72 million in the sixth stage of its presale. Through its unique and feasible take on meme currencies, BIG has taken advantage of veteran networks like Bitcoin and Ethereum collapsing.

Find Out More About Big Eyes Coin (BIG) In The Links Below:

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

YouTube: https://www.youtube.com/watch?v=DxAjrXI_1uw