

2021 was a great year for markets worldwide, and crypto is no exception. However, just like everything, the uptrend is finally over, and most projects significantly lost their price from all-time highs.
So, let's talk about tokens such as Bitcoin (BTC) and Ethereum (ETH) and compare them against something new like Big Eyes Coin (BIG). Let's begin!
Starting with the king of cryptocurrencies, you have Bitcoin (BTC). It's one of the most respected projects in the space that drives the whole market. BTC also makes up a hefty portion of the overall cryptocurrency market cap and market dominance. The token was designed and tested by the infamous Satoshi Nakamoto. This is his alias, and no one knows about his whereabouts. Satoshi wanted to create a decentralized currency not prone to regulation by organizations or central banks.
This is what makes the fundamentals of Bitcoin (BTC). Ever since its launch back in 2009, there has been no stopping BTC growth. It's used as a trade medium to transfer funds between two parties. BTC is also a store of value since it can't be backtracked, unlike regular fiat currencies. According to its whitepaper, there are 21 million BTC tokens, with mining rewards reduced regularly. Its ATH was seen at the beginning of 2021 at $68,000.
Moving down the list, the next project is Ethereum (ETH). Like Bitcoin (BTC), it holds significant significance in the crypto market. The great thing about ETH is the fact that it is entirely open-source. Due to its flexible network, it helps to stabilize other smart contracts and decentralized applications. The protocol was founded by Vitalik Buterein back in 2012. Ultimately in 2015, the first block of ETH was officially mined. The primary application of ETH is in the on-chain development niche.
It houses several smart contracts and provides them with a platform to grow. During the early days, ETH was operational on proof of work consensus. However, thanks to recent developments, ETH has transitioned into a proof-of-stake protocol. ETH does have a steady token supply of under 120 million coins, and it also has gathered $18 million in funding across ICO sales and reached an ATH of $4900 in the bull run.
Finally, the list concludes with Big Eyes Coin (BIG). It's not a traditional cryptocurrency because it is incentives entirely on its community support. The project aims to keep itself apart from other meme tokens making a headline these days. This can be observed from several upgrades the protocol had over the months. One such example is their certification from Coinsniper. This is an excellent step in crypto regulation, which you want to see with newly released crypto tokens.
Secondly, BIG is a great supporter of the NFT market, and their non-fungible assets could soon be available to hold. Some of these NFTs will be separate for BIGs community members so they can get most of their coins. Recent news also confirms that BIG plans to help out several charities. The funds for this incentive would be provided from the pre-sale. Like BTC and ETH, this protocol also has a limited supply. Just over 200 billion BIG coins could be available to trade on major exchanges.
Bitcoin (BTC) and Ethereum (ETH), leading crypto projects, have seen a rise in their price point, especially in the 2021s bull run.
However, they are now down more than half of their original value. In these conditions, only time will tell if BIG can restore the market trust and become the next big thing in the space.
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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.