Britain’s new prime minister, Rishi Snak, is a believer and former cryptocurrency practitioner. It’s no secret to MI5 that in his previous role as Finance Minister, Sunak was responsible for investigating various cryptocurrency companies and finding ways to integrate digital currencies into the economy.
The 42-year-old was particularly interested in stablecoins, widely recognized as the least volatile type of coin in the cryptocurrency market.In addition to the prospect of creating a central bank digital currency.
Unfortunately, Sunak was not a success and UK residents cannot pay their rent, food or other luxuries with cryptocurrencies.
However, historically, when someone in power gets involved with a cryptocurrency, the value of the digital currency usually goes up.
Elon Musk is a prime example. Prior to tweeting about Dogecoin (DOGE) in 2019, the memetic currency was relatively unknown. However, almost three years later, Dogecoin is one of the world’s most popular cryptocurrencies, with a market cap of $8,063,530,686 at the time of writing.
A growing trend in the crypto space is NFTs and, of course, Sunak has also dabbled in elements of this digital currency in the past, famously commissioning the Royal Mint to create NFTs.
Big Eyes Coin (BIG)Ethereum (ETH), and Decentraland (MANA) are all NFT-based cryptocurrencies, and it remains to be seen whether Sunak will benefit from taking charge of the UK.
Decentraland: A virtual reality NFT filled with games and digital real estate
Decentraland is an Ethereum-based software striving to create a different world that is fun and fulfilling. Decentraland will use his two main tokens, LAND and MANA, to facilitate various transactions and activities.
As the name suggests, LAND is an in-game NFT token that allows players to own land parcels and essentially real estate.
However, MANA is the currency that users need to purchase LAND in the first place and access various other goods and services.
Ethereum: The Major Currency of The Bored Ape Yacht Club NFT
The Bored Ape Yacht Club (BAYC) is one of the most successful NFT collections ever. With over 10,000 designs available, investors can own any cool digital monkey by paying with Ethereum.
And it’s no exaggeration to say that BAYC had an advantage. The most expensive monkey ever sold for his staggering price of $3.4 million, with the current cheapest option reportedly around $400,000.
In addition to being BAYC’s primary currency, Ethereum remains the second most notorious cryptocurrency with a market capitalization of $169,617,421,955, after Bitcoin (BTC).
Big Eyes Coin: Top 10 NFT Collection of Proposed Cat-Based NFTs
Like BAYC, Big Eyes Coin plans to release the best NFT in the crypto market. NFT Sushi Crew allows investors to own a variety of cute items as well as engage in a variety of fun activities.
And the benefit of each NFT investment is that it has a positive impact on the environment. Big Eyes Coin has openly declared that he will donate 5% of his total supply to marine conservation charities. This means better fish health and less global warming.
In fact, with perks like these, it’s no surprise that Big Eyes Coin is approaching $9 million in presale. Additionally, the remaining few stages mean the coin is likely to generate even more money.
If you want to take advantage of the rising Big Eyes Coin, you can use code BEYES526 to get your coin bonus.
Big Eyes Coin (BIG)