Cryptocurrencies That Will Skyrocket In 2023: Tezos, Solana And Big Eyes coin

The year 2022 has been a year of reduced wealth and portfolio REKT. However, the coming year may be the opposite for smart investors. Certain altcoins could help you improve your wealth by varying margins, making them worthy of consideration.

New projects like the Big Eyes Coin (BIG) top the list with the prominent Solana (SOL), alongside Tezos (XTZ), which looks set for a surprisingly excellent run. The three altcoins are billed for high-profit returns, making them great options for investment.

Solana Is Cost-Effective And Scalable

The Solana blockchain offers perks that users seek in most blockchains. It is the fastest, with about 400 millisecond block times. Solana’s cost-effectiveness, scalability, and user-friendly features make it  dApp developers’ favourite. The decentralised blockchain network provides users with the tools and resources to build powerful and functional dApps.

Solana is one of the few networks to successfully solve the blockchain trilemma — decentralisation, security, and scalability. It uses a hybrid algorithm consensus (proof-of-stake and proof-of-history) alongside other technologies to achieve this feat. The Solana native token, SOL, powers the network, facilitating every activity.

It’s one of the most valuable crypto assets by market capitalisation, with a high prominence level. Solana was one of the high-performing crypto assets in most portfolios in 2021, peaking at $260.06 from an all-time low of $0.5 in 2020. Solana’s 80% decline in the current year has made losses for many crypto investors, but it could make up for the decline in 2023.

Tezos Is Facilitating The Web 3.0 Revolution

The Tezos Blockchain is designed to enable constant upgrades, which will make it keep up with the ever-changing dynamics and demands of the blockchain space. The user-focused smart contract platform is similar to Ethereum but hopes to become more advanced to facilitate Web 3.0 evolution.

Tezos uses a delegated proof-of-stake consensus, but it has a unique stacking mechanism called Baking. Baking gives the network participants governance rights, allowing them to vote and deliberate on decisions concerning the network, leveraging the platform’s native token XTZ.

XTZ majorly facilitates governance on the smart contract and dApp platform. Users can earn more rewards when their proposals for the network are accepted and implemented. XTZ had its best run in the previous bull run, peaking at a $9+ market price.

It has suffered a huge decline and currently sells below $2. However, hope isn’t lost on XTZ. This may be the best time to purchase it, as experts believe it could cross the $10 mark in the long run.

Big Eyes Coin Is Reimagining Meme Tokens

Big Eyes Coin (BIG) is the next big thing in the crypto space, according to many experts. Big Eyes Coin will spotlight meme coins like Dogecoin and Shiba Inu. It is a cat-themed token that will dispel the age-long assertion that meme coins have no solid use cases or utility.

Big Eyes Coin will offer DeFi-related utility, helping users to leverage opportunities in the space for financial benefits and growth opportunities. This will increase the rate of DeFi adoption and ease accessibility. Big Eyes Coin will also integrate NFT-related functions, allowing community members to leverage its collection to access certain events and content.

Big Eyes will run a well-managed treasury with the right allocation to marketing and charity. This endeavour will increase the crypto project’s popularity while benefiting the world’s ecosystem. The meme coin marketing endeavour will involve endorsement from market movers, increasing the token’s prominence.

Many investors have found Big Eyes Coin’s charity intervention in protecting the Oceans and aquatic life laudable, and they hope to contribute their quota by adopting the project. Currently, Big Eyes Coin has everything working in its favour, including a great presale run, raising more than $9M. This token could put you amongst the top gainers in the coming years.

Click on the links below to be a part of the meme community!

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

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Disclaimer

Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release or sponsored post. Thecoinrepublic.com is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.

Latest posts by Guest Author (see all)

Source: https://www.thecoinrepublic.com/2022/10/30/cryptocurrencies-that-will-skyrocket-in-2023-tezos-solana-and-big-eyes-coin/