.png){kind=logo}
As one of the global financial system's youngest and most promising sectors, the cryptocurrency market is poised for explosive growth in the years ahead. In contrast to more traditional markets, the cryptocurrency ecosystem is focused primarily on the trading of decentralized digital assets.
As long as you know how to pick coins with good development potential, making money in cryptocurrency is simple. Big Eyes Coin (BIG) and Bitcoin (BTC) are examples of cryptocurrencies with significant untapped potential for future growth. These coins could bring you a lot of money in the future, so keep an eye on them.
Continue reading to learn more about the inner workings of these digital currencies and the characteristics that set them apart from one another.
Bitcoin, the first decentralized digital currency, was invented in 2009 by an anonymous developer using the alias Satoshi Nakamoto. All transactions on the network are conducted through peer-to-peer technology, and the network employs its coinage that is immune to censorship.
When Bitcoin was first conceived, its intended purpose was to serve as a substitute for traditional currencies. While Bitcoin has fallen short in this regard, its pioneering status makes it the most valued cryptocurrency.
Despite the network's Proof of Work blockchain nature and lack of true smart contract functionality, it possesses unique characteristics that set it apart from all subsequent networks.
Among these unique characteristics are its lack of a centralized authority and a limit on the total number of coins that may be produced, which is set at 21 million. Since 2011, when it was worth only one dollar, the price of a single Bitcoin has skyrocketed to an all-time high of nearly $69,000 in 2021.
As a cryptocurrency, Bitcoin is becoming more than just another digital token. It's the gold standard of digital currency. Its price action has a domino effect on other cryptocurrencies, and it is the cryptocurrency most frequently purchased by institutional investors.
Big Eyes' goal is to establish a Defi ecosystem where its users can sustainably make money while also helping preserve the ocean.
The maximum amount of Big Eyes native tokens in circulation is 200,000,000. It is the ecosystem's utility token and will be used to encourage further community development, reward early adopters, and prevent damage to the marine environment.
The Big Eyes project also includes the non-fungible token. The NFTs are meant to propel the project forward in a more organic way, and the initial collection of NFTs will feature creative components that are also environmentally sensitive. The NFTs are more than just a way to invest in art; they also grant holders access to private parties and other benefits.
Big Eyes takes a decentralized approach to increase the number of people who care about the seas and make financial resources more widely available. The whitepaper contains supplementary information. The earlier you join, the more time you'll have to reap the rewards.
During its pre-sale, 70% of all coins were made available for purchase, making the total supply somewhere around $200 billion. The corporation will use a quarter of the coins for trade, advertising, and other business purposes.
Find out more about the BIG token presale here.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
