
Introduction
The rise and emergence of cryptocurrencies are inevitable. The adoption rate has increased exponentially over time, and there is no doubt that cryptocurrency will soon become a mainstream medium of payment around the world. It might not happen overnight, but it will be one for history books. The cryptocurrency market is considered one of the most volatile markets worldwide. More and more people are using cryptocurrencies for their everyday needs. New crypto projects are bringing new features and utilities for their users. Big Eyes (BIG) seems to be different from other crypto projects. It is a meme cryptocurrency that utilizes features of DeFi and NFT on its platform to make it valuable and attract an audience worldwide. The main goal of Big Eyes (BIG) is to shift wealth from the traditional banking system to the DeFi ecosystem.
Big Eyes (BIG)
Big Eyes (BIG) is a new addition to the meme coin community designed to help the community conserve the ocean and transfer wealth into the De-Fi ecosystem. This protocol intends to build a free as well as decentralized system in which there are no transaction fees. All community members can buy and sell tokens without worrying about transaction fees. This platform will target NFT and decentralized financial industries and plans to enter the NFT market with an ocean conservation concept.
It has taken inspiration from various meme tokens over the years, gathering what it learned and integrating them into the system to help create a single, versatile ecosystem that spans from DeFi to NFT. Big Eyes (BIG) intends to construct a large community of committed users where its strength lies, and members will receive tokens, NFTs, and rewards regularly for partaking and connecting in the community. Moreover, meme coins will use NFTs to help provide strong incentives to their holders.
Litecoin (LTC)
Ex-Google employee Charlie Lee founded Litecoin (LTC) in 2011, a peer-to-peer, decentralized second-oldest cryptocurrency to improve Bitcoin (BTC). This coin is intended to be a digital currency that can be traded without an intermediary, securely, and very quickly at a minimal cost. This protocol uses a memory-intensive script Proof-of-Work (PoW) mining algorithm prioritizing efficient transaction efficiency and speed. This means that even consumer-grade GPU hardware is allowed to mine Litecoin, and it exists as a blockchain where participating nodes process transactions. Litecoin (LTC) hosts smart contracts, which settle automatically based on predetermined terms and enable the creation of decentralized apps (dApps) and ERC tokens.
Dogecoin (DOGE)
Dogecoin (DOGE) was released on December 6th, 2013, by Billy Markus and Jackson Palmer after they created a comic featuring a Shiba Inu on Christmas day. The goal was to create a fun cryptocurrency that was easy to use and had an overall positive vibe. Luckily, Dogecoin (DOGE) quickly became popular and has made overnight crypto millionaires in the past few years. It is an open-source peer-to-peer cryptocurrency that aims to be used as an alternative to Bitcoin (BTC) as it features the Shiba Inu dog as its mascot; it has many other interesting facts that make it one of the best meme cryptocurrencies in the market now.
Final Verdict
Big Eyes (BIG) is a new cryptocurrency in the third stage of presale and looks like the next prominent cryptocurrency that will explode in value. The team is pushing its NFT collection to the top 10 NFT art collections worldwide and donating a percentage of its tokens to save aquatic life. Litecoin (LTC) and Dogecoin (DOGE) might face high competition in the crypto market, resulting in scalability issues. Moreover, Dogecoin (DOGE) lacks innovation and has no clear roadmap for its future. On the other hand, Big Eyes (BIG) has raised $7 million in the presale stage, and it is expected to go up to $50 million in the future.
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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 scams, 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.