There is no doubt that digital technology has reshaped our world. People now have numerous communication and self-enjoyment applications available online. Blockchain is one of these revolutionary digital technologies that has paved the way for many inventions. His one of them is called cryptocurrency. It was introduced to the public in 2009 by “Satoshi Nakamoto” who invented the first cryptocurrency called Bitcoin. Since then, thousands of new cryptocurrencies have emerged. Cryptocurrency is decentralized digital money based on blockchain, a distributed ledger used to record transactions in code.
However, trading cryptocurrencies is not an easy task as it is a volatile market. The recent cryptocurrency market crash illustrates the risks associated with trading cryptocurrencies. Bitcoin (BTC), one of the most popular currencies in this market, will experience its biggest crash in 2022, with its price falling from its peak of $68,000 to $20,000 in 2011. It has been the worst month in Bitcoin history since.
Big Eyes (BIG)
Community tokens, also known as social tokens, have received considerable attention recently, exploding in terms of popularity and demand. This is evident from the fact that these tokens have risen by around 400% in the last few months. Big Eyes (BIG) One of these community tokens could rival popular coins such as Shiba Inu and Dogecoin. This new full-fledged community-based cryptocurrency aims to offer users more than just a platform. Its basic purpose is to shift wealth into the DeFi ecosystem and enable decentralized finance. Keep it as simple and user-friendly as possible. Its main features are:
- Fully community-based: The team behind Big Eyes believes that the community of users is the determinant of cryptocurrency’s strength and value. Being community-centric is therefore a top priority for Big Eyes. This community of developers and creators will help the Big Eyes ecosystem grow.
- Charity: The platform is also interested in giving back to its users. A visible charity wallet is one of her features included in Big Eyes, which holds 5% of her tokens for solving real-world problems like saving the oceans.
- Taxes: On top of all this, a dynamic tax regime will also be introduced to ensure sustainability. Investors are the priority on the Big Eyes platform.
The Big Eyes coin shows the steps necessary to achieve maximum growth in the shortest possible time. The first part of this plan is to gain attention through social media platforms. A platform’s acceptance and popularity on social media will determine its initial success. Community-based non-fungible token (NFT) projects will then be pushed by the platform to bring value to the Big Eyes ecosystem.
The next step is to unlock the complexity of the DeFi industry. Decentralized finance was created to provide a seamless opportunity for asset trading. However, this may be too technical for the average user around the world, thus reducing interest in the industry. Big Eyes Coin plans to change this narrative by creating tutorials and how-tos that simplify the process as much as possible.
How to buy Big Eyes (BIG) Coins
How to buy Big Eyes to deal with room elephants. Big Eyes is the ultimate meme coin platform that is currently on pre-sale and can be purchased in a very easy and user-friendly way. As recommended by the Big Eyes team, users will get a smoother experience when purchasing on a desktop browser using the Metamask wallet.
Mobile users are encouraged to use Trust Wallet and connect using the built-in browser. Once the wallet provider is ready, the user can choose from her three options. A user can use the card to buy ETH for her, buy Big Eyes with ETH, or buy with USDT. After the pre-sale ends, users will be able to receive their Big Eyes tokens.
Ethereum (ETH)
Ethereum is another very popular cryptocurrency powered by blockchain technology. Ethereum was designed for scalability, programmability, security, and decentralization. Ethereum is second only to Bitcoin in popularity, with Ethereum accounting for about 17% of the total cryptocurrency market. The intention behind Ethereum was not to limit it to just a medium of exchange, but to make it a decentralized computing network based on blockchain.
A distinct advantage of Ethereum is its longevity and broad ecosystem with a worldwide community committed to its mission. Additionally, the Ethereum network can handle a wide range of functions, among which the secure execution and verification of application code, known as smart contracts, is of most interest. However, the fact that Ethereum does not have a lifespan limit makes it less likely to increase in price than Bitcoin, making it a harder investment than Bitcoin.
Ethereum’s most prominent limitation is its scalability. As such, the crew behind ETH are planning to upgrade to a network called Ethereum 2.0 or Eth2. This upgrade is intended to significantly change the algorithm of the network. The Eth2 upgrade has been implemented, moving from an energy-intensive Proof-of-Work algorithm to a Proof-of-Stake algorithm.
Ape Coin (APE)
One of the most important trends in the Non-Fungible Token (NFT) world today is the Bored Ape Yacht Club (BAYC NFT). One of the most popular NFT collections, the BAYC ecosystem is more than just an assortment of digital animated characters. The BAYC ecosystem recently created ApeCoin APE with the aim of providing utility to community owners. There were 335 NFTs registered in the BAYC NFT collection, and the combined sales of all these NFTs reached approximately $95 million. This means that the average price of one BAYC NFT is around $285,000.
But even with these sizable numbers, the real hype gained by the BAYC platform came after the launch of ApeCoin on March 16, 2022. ApeCoin rose to unimaginable heights in his first five minutes of launch. Its utility could be a promising token of commerce, gaming, and culture as it helps power many of his Web3 projects and decentralized communities. ApeCoin will comply with the ERC-20 token standard and serve as a utility and governance token for the BAYC platform. As of this writing, approximately 150 million tokens have been distributed to his BAYC network holders.
ApeCoin was able to achieve a huge market capitalization of $2 billion, one of the biggest highlights. Compared to other cryptocurrencies such as Bitcoin, ApeCoin is much more scalable. This is an important factor for developers to consider when creating distributed applications that handle many transactions quickly and easily. With all these advantages, there are also some disadvantages to consider. The most prominent risk associated with ApeCoin is its volatility. The price of ApeCoin is highly volatile and subject to market influences, making it a high-risk investment.
Conclusion
Cryptocurrencies are undoubtedly the future of our digital world and there are so many options available today. Ethereum (ETH) is the second most popular cryptocurrency in the crypto market today and is the Always a priority. NFT enthusiasts can now turn to his ApeCoin, a product of the BAYC NFT collection, his one of the most popular NFT collections.
However, market volatility makes these coins a risky investment for most investors. A completely community-based new platform is also being developed in hopes of bringing together a large community of developers and creators. Big Eyes is one of those platforms and he’s the talk of the town. Investors with an interest in memetic culture should consider investing in Big Eyes Tokens as they may rival prominent coins in this category. Additionally, philanthropy is one of Big Eyes’ many features, so people with more philanthropic goals can also be part of Big Eyes.
For more information about Big Eyes (BIG), please visit the following link.
Pre-sale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
telegram: https://t.me/BIGEYESOFFICIAL
Always conduct proper research when dealing with pre-sales of currencies and tokens. The above information is not investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
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