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With Bitcoin (BTC) breaking $30,000 last week, crypto has been established to now be in a bull market, and many other currencies are expected to rise in value following the success of BTC. Ethereum (ETH) has been teetering on the edge of $2,000, and many are speculating that it will break through this ceiling very soon. In the past, ETH has struggled to match the acceleration of BTC, but with a recent merge from a Proof of Work system into a Proof of Stake one, ETH is offering a green alternative to the market, reflecting the growing demand for cryptocurrency to take its effect on the environment and carbon emissions into account. Currencies soon to be released will have more freedom to explore different approaches to making crypto sustainable, and many, like Big Eyes Coin (BIG), are incorporating environmental pledges into their manifestos, such as BIG's promise to donate 5% of its total coins to ocean sanctuaries.
Ethereum (ETH) has been unable to match the growth of Bitcoin (BTC) in the past, but with the so-called "Shanghai" update ETH has the possibility to shake the foundations of the crypto market by splitting away from the past Proof of Work systems that have dominated the industry. By operating under Proof of Stake, ETH intends to increase demand and therefore the value of the coin, while establishing itself as a currency that is able to recognise the environmental needs of today.
Newcomers Big Eyes Coin (BIG) have also recognised the importance of moving with the demands of the market. By acknowledging the importance of considering environmental concerns they, along with ETH, are establishing themselves as a currency that will not cause its own obsolescence by refusing to change from old, damaging methods that are increasingly being targeted by governments as unsustainable within the climate crisis. By holding environment-based charity at the forefront of their manifesto, BIG have shown that they are willing to change the perception of crypto as destructive to the environment, and can instead be a benefit to it. BIG have made their position clear even in the presale stage, which ends on the 3rd of June, and many investors have been recognising this and have jumped at the opportunity to invest before it is launched, to gain the highest level of return on investment.
Bitcoin (BIG) has undeniably dominated the market since its inception, but with the growing awareness of its damaging effects on the environment, and carbon emissions from BTC mining only rising, there is a chance that the court of public opinion will turn on BTC, and decrease its value in the future, This will leave space for greener, more conscious currencies, such as ETH and BIG to move in and increase their value.
Ethereum (ETH) has been lagging behind Bitcoin (BTC) for some time, and other altcoins such as Big Eyes Coin (BIG) have been analysing this and recognising the holes in BTC's armour, and areas for improvement in ETH, and developing their currencies to fill these gaps, to make them a more promising and sustainable option to invest in.
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 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.
