With the emergence of Bitcoin BTC came other DeFi tokens that are piloting a new wave of simplified payments for crypto users around the globe. These DeFi platforms have ushered in a new era of limitless transactions without third-party involvement. Users can now borrow, save, lend, or trade cryptocurrency without the traditional bureaucracies in financial markets.
In this article, we will highlight some of the best DeFi tokens to place a bet on and why they are good investments-Solana (SOL), Binance Coin (BNB), & Big Eyes Coin (BIG).
The “Ethereum Killer”
Although Bitcoin (BTC) and Ethereum (ETH) seem to be the front runner in payment systems, Solana is proving beyond doubt that it is an excellent token to invest in. The numbers tell this tale perfectly. Its native blockchain token SOL gained approximately 23.25% price appreciation in March 2022. This price appreciation boosted SOL’s market capitalization to about $39.9 billion.
Created in 2017 by Anthony Yakovenko, Solana runs on the ERC-20 blockchain technology. The platform allows developers to build DeFi apps with added perks like excellent security, fast speed, low fees, and scalability. SOL is often regarded as the “Ethereum Killer” due to its blazing speed. The Solana blockchain network can perform up to 40,000 transactions per second.
The Most Popular DEX
Over time, BNB has proven to be one of the best coins to invest in due to its consistent growth. At a market capitalization of $45.87 billion, experts believe the cryptocurrency is set for a continued increase. A significant indication that the token is the right place to bet your money.
Built on the ERC-20 blockchain technology, BNB houses several BNB Smart Chain initiatives, which are used for Decentralized Finance (DeFi), liquidity pools, DEX trading, and Non-Fungible Token (NFT) marketplace payments. Also, BNB acts as a payment method by which participants can pay for activities on the BNB Smart Chain.
There is a new DeFi King in town – Big Eyes Coin (BIG)
There is a new DeFi King in town. This new DeFi token holds a lot of good features for users. Community-focused and the enticing transaction fee that Big Eyes Coin BIG possess are among the top things that position the token as the next big thing in the crypto world.
The low transaction cost is a significant attraction to the Big Eyes Coin BIG ecosystem. Members of the community can buy and sell tokens without any transaction fee. There is a total of 200,000,000,000 BIG tokens in circulation, enough to round for those willing to reap from the promising ecosystem.
Although Big Eyes Coin BIG is in its earliest phases, you can purchase BIG tokens at its private sale event happening on the Big Eyes Coin official website. Participating in the sale affords you the rare opportunity of a discounted sale of 1 USDT = 10000.00 BIG.
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Source: https://www.thecoinrepublic.com/2022/09/01/defi-tokens-that-could-boost-your-holdings-by-10x-solana-binance-coin-big-eyes-coin-coin/