Two Cryptocurrencies That Are Trending In The Crypto Market

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The cryptocurrency market is filled with thousands of crypto assets, and they primarily establish their position with unique offerings to their holders. Big Eyes Coin (BIG) and Binance Coin (BNB) are two utility tokens that are trending in the crypto market. They can stay relevant through several cycles of bull and bear markets because they are constant providers of value.

However, over the years, meme coins have defied that logic. Dogecoin( DOGE) has always been a relevant meme coin project regardless of market conditions because the holders find purpose in the memes. That also has evolved over the years with the launch of meme coins like Shiba Inu (SHIB), which demonstrated the strength of DeFi as a tool for wealth creation. Big Eyes Coin has revolutionised the meme coin landscape once again despite being on presale. The presale numbers are unlike any other meme project that was launched in the past.

Binance Coin, on the other hand, is a top utility token that constantly stays relevant with its contributions to centralised and decentralised systems in the crypto landscape.

Binance Coin Is The Old Horse

Binance Coin (BNB) started as a utility token for the Binance exchange, the leading centralised exchange (CEX) in the cryptocurrency market. BNB enabled users to pay lesser transaction fees while powering other payments on the exchange. Its relevance spread to the decentralised community when it launched an EVM-compatible network of its own. The Binance Smart Chain served as a top ecosystem for DeFi and is one of the most preferred alternatives to the Ethereum blockchain because of its impressive scalability capabilities.

Recently, the Binance Pool unveiled a $500 million lending project to boost the bitcoin mining industry. Binance thinks the action will support the sustainability of a thriving ecosystem for digital assets. Binance has unveiled a new loan scheme as the crypto mining sector suffers greatly from the bear market. This move comes after Jihan Wu, the creator of Bitmain, announced the creation of a $250 million fund to buy troubled assets from mining companies. Wu is presently in charge of Bitdeer Technologies, a spin-off of the company that makes bitcoin mining equipment, which will initially invest $50 million in it. The company plans to sort the rest of the budget with outside investments.

Big Eyes Coin Believes In The Power Of Cuteness

Big Eyes Coin (BIG) significantly improves what the meme coin landscape offers. Since Dogecoin has set a precedent to force the market into a bull run, most crypto enthusiasts have been looking forward to the next meme coin to achieve the feat. Big Eyes Coin has been the most promising token since then. However, the token is pulling insane numbers on presale; this is a similar pattern to Dogecoin with insane trading volume in a bear market.

Also, Big Eyes Coin would be much more of a rival to Dogecoin and other dog tokens as the new meme coin uses a cat mascot. Big Eyes Coin also hopes to inspire hundreds of emerging projects to adopt the cat mascots and make them revolutionary to the market. Big Eyes has built an impressive community on social media that would push the project’s narrative and campaigns. On top of that, it is a community-governed project, so it has benefited greatly from its decentralised mechanism in decision-making.