The wide adoption of cryptocurrencies proves that they are wise investments. Significant brands have adopted and invested in cryptocurrencies, including major companies like Tesla, Microsoft, Paypal, BMW, and many others. The opportunities these digital currencies provide users opportunities to become billionaires overnight.
Very few investment options have the potential to provide such earning means. However, as much as cryptocurrencies can make you a billionaire overnight, it is common knowledge that the wrong investment option could make you lose billions overnight, particularly at a time like this when the entire market is down by more than 60%.
With that said, not all cryptocurrencies are profitable for purchase. Here, we'll give a detailed overview of three cryptocurrencies: BNB, Big Eyes Coin (BIG), and Polygon (MATIC), as three profitable investment options in 2022. Let's proceed.
Polygon (MATIC) was created to contribute substantially to the Ethereum blockchain platform as a layer 2 scaling solution to the network. The network was designed to solve the common drawback of scalability experienced on the blockchain network. Polygon is intended for Ethereum scaling and infrastructure development, providing lower gas fees and ultra-speed transactions without lowering its network security.
The overall decentralized applications hosted on the platform have increased by around 600% since last October, reaching about 19,000. In addition, Polygon completely endorses the tether stablecoin, and this approach can be considered to help the network expansion in the future. As of 12th September, Polygon has a live price of $0.90, a 24hr trading volume of $354 million, and a market cap of $6.6 billion.
BNB Coin is one of the leading cryptocurrencies in the market today, and it could be referred to as the ideal long-term investment choice for many. The exchange token for the network is the Binance Coin (BNB). The network was initially introduced on the Ethereum blockchain before it migrated fully to its Binance Smart Chain, currently known as the BNB Chain.
The network allows token holders access to reduced exchange fees and faster transaction rates. BNB is a much more scalable network compared to the Ethereum blockchain. Hence, we've seen the success of many dApps on the network.
The popularity of the Binance Coin has skyrocketed throughout the years. BNB's price has increased and is currently one of the top 10 cryptocurrencies by market capitalization with a live price of $297.86, 24hr trading volume of $347 million, and an overall market cap of $48 billion.
Big Eyes Coin (BIG) is a new meme coin built on the Ethereum blockchain and could be one of the most exciting things to witness in 2022. The network aims to transfer wealth and value into the DeFi space. It also intends to make the world a better place by giving 5% of its profits to ocean sanctuaries and saving the global ocean ecology. Big Eyes Coin (BIG), the new meme token, is rapidly gaining traction in the cryptocurrency and NFT (non-fungible token) communities and economies, as it also intends to generate wealth for users through NFT collections.
After hitting $1 million in its first week of the presale, the network achieved another milestone when it hit 2 million dollars in presale volume. At least 90% of the 200 billion tokens are expected to be available at launch. The tokens are selling fast, and now is the best time to purchase yours as an early gainer.
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.