SPONSORED POST*
Chainlink (LINK), Filecoin (FIL), and Big Eyes Coin (BIG) are three essential cryptocurrencies to own in 2023, and we’ll see why soon enough. 2023 looks promising compared to what most crypto enthusiasts thought, especially after the crypto winter of last year. 2022 had enough events to send the market into another two-year bear rally like we have seen with disastrous years in the past. However, the year got off to a great start, with most crypto assets quickly recovering what they lost to the later part of last year.
With such healthy price trends in the market, crypto enthusiasts have to position themselves nicely with their favorite cryptocurrencies if they want to make some money from the market volume we’ll be seeing in the coming months. Here are three cryptocurrencies with some impressive narratives shaping up for them and are great picks for the year:
Chainlink (LINK)— Decentralized Oracle Solution
Chainlink (LINK) is a decentralized node network that relays data and information from off-chain sources to smart contracts. Smart contracts are self-executing codes for running a task, activity, contract, or full protocol. However, in some cases, these smart contracts may need information outside of the blockchain network. This information also has to be relayed in a way that can be easily translated on-chain; this is where Chainlink(LINK) plays a vital role. In recent news, Chainlink entered a partnership with TrueUSD(TUSD) to help validate the reserves of the stablecoin as minting takes place. All Chainlink has to do is verify data from the issuing bank before minting a new TUSD stablecoin. This is a great partnership for Chainlink, and it will push a new narrative for the crypto asset. Binance recently switched to TUSD following regulatory crackdowns and the discontinuation of their native stablecoin Binance USD(BUSD)
Filecoin (FIL)— Decentralized Storage Solution
Filecoin (FIL) is a decentralized network that provides users with cloud storage. The network incentivizes a global network of operators who provide file-sharing and storage services. The network provides one of the fastest, cheapest, and most secure ways to store data on the internet. The Filecoin network is built on top of the Interplanetary File System technology for decentralized file processing (IPFS). The two systems have many similarities, but the primary distinction is that IPFS is free to use but does not pay miners. Filecoin is not free to use, and it has the potential to produce cash. Also, with the narrative building up for Chinese coins in the market, Filecoin(FIL) is gaining much traction, particularly because most of its early miners are Chinese. The narrative continues to grow as most crypto enthusiasts believe the inflow pushing the next bull run will come from the East.
Big Eyes Coin (BIG)— New Memecoin Project
Big Eyes Coin (BIG) is a new Ethereum-based memecoin project looking to build on the existing precedent of memecoins. Big Eyes Coin is a cat-themed memecoin, and with the market narrative shaping up nicely in favor of the crypto asset, Big Eyes Coin (BIG) holders are in good condition for some profit. Crypto enthusiasts believe that existing memecoin projects are already overpriced for the desired price pumps most people look forward to. However, Big Eyes Coin(BIG) being on presale is where most buyers need it to be. It is at the lowest price it will ever be and allows for huge profit margins toward launch.
Big Eyes Coin is a community-governed project, and seeing as it creates a family-like vibe for the community, collective governance comes at ease. The model will allow users to contribute to governance by creating proposals and voting consensus for the network. Big Eyes Coin presale is selling fast; join here now.
For more information:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
*This article was paid for. Cryptonomist did not write the article or test the platform.
Source: https://en.cryptonomist.ch/2023/03/22/big-eyes-coin-memecoin-project/