Introduction
Cryptocurrencies have been a hot topic among financial experts as it is more flexible, profitable, and anonymous. It is an incredible future-focused industry that is diversified into many crypto sectors. The concept of cryptocurrency started as a wild west back in 2009, but it’s now in the financial mainstream around the world. It is getting popular because of its high profits. It is a highly volatile market. If you make trades at the right time, you will be a crypto millionaire soon. The high volatility is not always in favour of users. The recent crypto market crash has plunged 50% of the entire crypto market value. It has liquidated almost $1.5 trillion from the market. Pre-sale stage cryptocurrencies are the best choice in this bear market to get massive profits and recover your losses. Pre-sale cryptocurrencies will bring the biggest potential return if it focuses on the DeFi, Meme, or GameFi sector. These sectors are expected to get massive support and attention in the future.
Meme cryptocurrencies like Dogecoin (DOGE) and Shiba Inu (SHIB) have given massive profits in the past two years. Meme coins are usually based on an internet meme or supported by celebrities. Elon Musk is one of the major influences behind Dogecoin’s (DOGE) popularity. People have become overnight multi-millionaires only from Dogecoin (DOGE). However, there are new cryptocurrencies released that are expected to give even more returns than Dogecoin (DOGE) and Shiba Inu (SHIB). Big Eyes (BIG) is expected to make 1000x profits and outcast other meme cryptocurrencies in the future. Big Eyes (BIG) is a new cryptocurrency that focuses on shifting wealth into the DeFi ecosystem more swiftly. It aims to provide more sophisticated capabilities for reward and transactional operations in the cryptocurrency market. It is a community-driven DeFi initiative that is a strong contender for everyday cryptocurrency.
Big Eyes (BIG) – The Utility Meme
BigEyes (BIG) is a community-centered, decentralized token with the aim to grow a self-sustaining community that makes DeFi easier. This utility meme coin is based on a cat called Big Eyes and aims to offer useful features like longevity, concerning a cat’s nine lives, and simplicity, concerning a cat’s playful nature. The team will employ a Non-Fungible Token (NFT) to allow users more events and opportunities to earn tokens. The team hopes to differentiate itself from other cryptocurrencies and build a blockchain ecosystem for a good cause. The team will employ NFT to allow users access to more materials and events. With unique features and real-life applications, it hopes to differentiate itself from other meme cryptocurrencies with a self-propagating environment.
The community will receive giveaways like free tokens, NFT giveaways, and in-app rewards. The team views the community at the forefront. Big Eyes (BIG) stands out from other cryptocurrencies thanks to a few core values and utilities. It will plan a planned art competition for the community on the forum. This unique feature will help art sellers and buyers interact on the platform using the Big Eyes (BIG) token.
A guide on how to buy Big Eyes (BIG) Coins:
Follow this step-by-step guide to purchase tokens and be a part of this amazing community:
Step 1
Make sure you have MetaMask Wallet installed on your browser. If you are purchasing on mobile, It is recommended to use “Trust Wallet” and connect through a built-in browser.
Step 2
Once your preferred wallet is ready, click on “Connect Wallet” and select the appropriate option. If you are using a mobile, you must select “Wallet Connect.” You will have three options:
- Buy ETH with a card
- Buy Big Eyes with ETH
- Buy Big Eyes with USDT
Step 3
Once the pre-sale is ended, you will be able to claim your tokens. For more information, you can visit the website https://bigeyes.space/.
Binance Coin (BNB) – The Utility Token
Binance Coin, created in 2017, is a utility token for Binance and one of the largest cryptocurrency exchanges by volume. This ERC-20 token launched on the Ethereum blockchain acts like a discount coupon giving traders a discount on trading fees when they trade crypto on Binance Exchange. Binance Smart Chain (BSC) was developed for decentralized applications, smart contracts, and cryptocurrencies. This chain runs parallel with Binance Chain but is not considered a second-layer solution or sidechain, as it operates independently from Binance Chain. It aims to be Ethereum Virtual Machine (EVM) compatible and allows for simple migration of Ethereum projects onto BSC.
This coin is designed to pay listing fees, exchange fees, trading fees, and other expenses that users can incur on the Binance Cryptocurrency exchange. Binance Coin (BNB) fuels its transactions into two parallel-running blockchains in the BNB chain: The BNB Beacon Chain and the Binance Smart Chain (BSC). Binance’s first blockchain, the BNB Beacon Chain, focuses on staking and governance for BNB holders. Alternative to the Ethereum network, the BSC blockchain supports the Ethereum network and makes it possible to create smart contracts. Binance coin (BNB) uses a unique consensus mechanism known as Proof-of-Staked Authority (PoSA) to secure its transactions. It combines delegated proof-of-stake (DPoS) and proof-of-authority (PoA) consensus algorithms. This indicates that Binance Coin is used in the Binance chain and BSc chain for various actions, from transactions to staking.
Filecoin (FIL) – The Open-Source Coin
Filecoin (FIL) launched in 2017, an open-source, decentralized file storage and sharing network which enables users to rent out unused storage space in a transparent and reliable marketplace. In addition, this form enables your documents to be divided and saved globally on different computers rather than entrusting one organization with them. Unlike other platforms, this protocol focuses on being either a store of value or a platform on which DApps can be built. Being decentralized, it allows anyone to access and use the network. Using smart contracts, this platform allows users to come up with stateful programs. They carry out user-defined actions where some conditions must be met associated with market operations, proof verification, spend tokens, and more.
It serves as IPFS (InterPlanetary File System), a peer-to-peer network for storing and distributing data files, incentives, and security. This protocol includes blockchain and native cryptocurrency (FIL). Storage providers will be able to earn units of FIL for storing files. Blockchain for Filecoin (FIL) stores proof from storage providers that they are correctly storing files and transactions to transmit and receive FIL. Storage providers are people and organizations that run Filecoin tokens for running storage providers. A storage provider could be any inter-connected computer space with spare disk space or a dedicated system with a lot of storage specially built for Filecoin. Through its reward system, this platform blockchain rewards users for contributing useful storage to the internet, not for completing wasteful proof-of-work computations.
With its two unique consensus mechanisms, this platform aims to achieve the goal of creating decentralized storage and retrieval networks. It implements Proof-of replication (PoRep) and Proof-of-Spacetime (PoSt) algorithms. PoRep deals with storage providers convincing respective clients that they have stored copies of underlying data paid for their (data provider) physical storage. It is a buildup of precious schemes that are likely to be exploited by malicious miners. PoRep is carefully designed to prevent Outsourcing, Sybil, and Generation attacks. While on the other side, Proof-of-Spacetime enables users to verify that the storage provider per the contact is storing outsourced data. This mechanism was introduced as Proof-of-storage was ineffective in keeping track of how storage providers store long data.
Final Verdict
Big Eyes (BIG) is still in the presale stage and looks set to deliver and surpass other cryptocurrencies like Dogecoin (DOGE) and Shiba Inu (SHIB). It could witness an unpredicted price spike that will yield massive future profits. Meme cryptocurrencies have always given good profits. Moreover, Big Eyes (BIG) has already raised $1 million and looks ahead to $50 million soon.
Filecoin (FIL) is facing difficulty in obtaining profitability, and there is a lack of interest among financial institutions in FIL coin. At the same time, Binance Coin (BNB) perceives centrality around the Binance exchange. To be a part of this community or know more about the project. You can visit their website and social media platforms.
For more information on Big Eyes (BIG), you can visit the following links:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.
Source: https://coinpedia.org/press-release/this-is-the-story-of-big-eyes-a-brand-new-coin-thats-taking-over-bnb-and-filecoin/