If you have been tracking the news, you'd know there is no better time than now to invest in cryptocurrencies. Given the surge in prices, these decentralized assets are drawing investors from worldwide. Apart from promising returns, cryptocurrencies and meme coins pack a punch in terms of all the benefits investors could take advantage of, be it data privacy, secure trading platforms, or no third-party intervention. If you are new to the world of cryptocurrencies, you can start your investment journey by looking up some of the top performers like Big Eyes Coin (BIG), Ethereum (ETH), and Monero (XMR). Once you are satisfied with your research, you can make an informed decision. Here's a look at some of the key features of these three cryptocurrencies:
Big Eyes Coin is an upcoming meme coin that aims to build a platform that gives users the right incentive to switch to decentralized finance for investing and wealth generation. Its launch coincides with a time when meme coins are being sought for their potential to generate passive income. It will be rolling out a native token called BIG which will be used for all transactional purposes like staking, liquidity pool provisioning, and other similar uses. The BIG Token will be available on presale for interested buyers.
The total supply of the BIG Token will be capped at 200,000,000,000 units, and almost 70% of the tokens will be set aside for public presale. Another 20% have been reserved for exchanges. The remaining 20% of the token supply will be allocated for donations to charitable causes and marketing activities. What's more, is that the platform doesn't impose any taxes on the sale or purchase of tokens.
When it comes to buying BIG Tokens, the team has ensured that the process is simple. All users need is an activated digital wallet like MetaMask or one that's compatible with WalletConnect if the buyer is using a mobile browser. The platform recommends MetaMask for its desktop users and Trust Wallet for mobile browsers. Once the wallet is activated, the buyer needs to select the payment method and make the payment. However, if you are using a credit or debit card, you will first have to buy ETH Tokens and then use them for buying BIG Tokens. Buyers should have at least $15 worth of ETH tokens so that they can purchase the minimum quantum of BIG Tokens as allowed by the platform.
Ethereum is a decentralized technology that powers dApps, cryptocurrencies like Ether, and other decentralized systems. Its native token, ETH, can be used for staking, yield farming, token swapping, and much more. It has recently been in the news for its upcoming software upgrade to proof-of-stake consensus protocol and is referred to as 'The Merge'. The move will enable the platform to offer faster services while cutting its carbon footprint massively. In a recent development, Cointelegraph reported that Ethereum now has control over almost 69% of the total volume locked in DeFi assets that could be worth $51.47 billion. The website claimed that the rise in Ethereum's share may have been due to the surge in demand because of Instagram announcing its support for Solitaire Blitz and NFTs.
Monero is a decentralized platform for trading cryptocurrencies. It boasts several features that can help investors take advantage of all the benefits offered by cryptocurrencies and still do much more. For instance, there's the Monero Research Lab (MRL), wherein cryptographers and researchers can interact and brainstorm ways to ramp up the platform. It has a native token that can be used for staking, token swapping, and earning rewards, among other transactional purposes. Recently, Cake Wallet, a non-custodial wallet, announced that Monero's XMR Token (78%) recorded the highest usage volume on its platform in its inaugural month of August 2022.
If anything is evident from the above-mentioned features, it's that Big Eyes Coin is set for an explosive launch with experts already talking about its potential to drive impact in the DeFi ecosystem. Apart from enabling more investors to switch to DeFi assets, it has the potential to help even existing cryptocurrency users explore new opportunities for passive income generation, including a chance at earning 100x returns.
Big Eyes Coin (BIG)
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be risky, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.