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Social media has evolved into one of the internet's most crucial digital features. Platforms such as Facebook, Instagram, Snapchat, and Twitter aided the internet's move into a new age known as web 2.0. As the popularity of cryptocurrencies has increased significantly over the last three years, technology experts have speculated that the normalisation of decentralised financing (DeFi) might usher in a new era of the internet, web 3.
Ethereum (ETH) is one of the most popular crypto networks in the market. On the other hand, Big Eyes Coin (BIG) is hoping to reach similar heights to Ethereum. With Elon Musk's recent appointment as CEO of Twitter, might the social media site be the one to take cryptocurrency to the next level?
Big Eyes Coin (BIG) has managed to construct a solid reputation through its strong activity on Twitter. The upcoming meme coin already has close to 60,000 Twitter followers and has been endorsed by crypto influencers such as Gino Assereto, Ieda Wobeto and Rafa who all equally have large followings on Twitter.
The currency's distinctive mascot, an anime/manga-style cat with large eyes, has most certainly contributed to its online appeal. Big Eyes Coin is aiming for a lucrative market, with the anime industry valued at $24.80 billion in 2021, an element that could also be responsible for its prominent notoriety online. Big Eyes Coin intends to launch on Uniswap (UNI), a well-known decentralised trading system that facilitates automated trading of decentralised finance (DeFi) currencies.
BIG's debut on Uniswap will surely boost BIG's growing exposure since UNI has almost 1 million Twitter followers. In the sixth stage of its presale, the token has already raised $9.34 million. If Big Eyes Coin continues to get support from high-profile personalities online, it may eventually be integrated into real-world applications.
Ethereum is the second-largest cryptocurrency by market capitalization. From financial tools and games to complex databases, the Ethereum blockchain is now powering everything. "Ethereum is for more than money," says the non-profit Ethereum Foundation. It is a marketplace for financial services, games, and apps that cannot steal or censor your data."
As part of the social media giant's iOS and Android Tips payment functionality, Twitter announced in February 2022 that users may now add their Ethereum wallet addresses to their accounts. Tips allow Twitter users to add public-facing payment options to their accounts, allowing them to offer tips or money to others on the network, as the name implies. The social media platform has recently been advocating for the use of Ethereum more than Bitcoin. Twitter stated in January 2022 that users may attach NFTs to their user profile pictures as long as they were on the Ethereum blockchain. In June 2021, Twitter distributed NFTs created on the Ethereum blockchain.
Now that Elon Musk is the new CEO of Twitter, the reality of currencies like Big Eyes and Ethereum is becoming more probable. TRG datacenters' research team discovered that attitudes about cryptocurrencies on Twitter were inextricably tied to how they were priced in actual terms at the moment.
With Big Eyes Coin's rapidly developing social media presence and Ethereum's profound influence on crypto, Twitter will probably be the key catalyst that will bring us to the next generation of web 3, as here is where cryptocurrencies usually trend.
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. 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.
