With close to 22,500 cryptocurrencies already in the market and nearly 30 new currencies making entries over the past 4 days alone, it is fair to say that cryptocurrency is certainly becoming more than a sought-after medium for transactions among conventional money like USD, Pound, Yen, etc.
At the time of writing, the global crypto market capitalization was at $1.06 trillion and trading at a volume of $50.37 billion during a 24-hour window. The rapid growth in cryptocurrency’s popularity over the years has pushed governments around the world to recognize the potential of blockchain and cryptocurrency technology, and to draft legislation around it in a bid to make it a more secure mode of transaction. And while currencies like Ethereum (ETH) and BNB (BNB) have been in the crypto scene for some time and are now transforming to take on these challenges, new additions likeBig Eyes Coin (BIG) have entered the market already prepared.
Ethereum, Seven Years of Consistency
Ethereum (ETH) is a decentralised open-source blockchain system that features its cryptocurrency and works as a platform for numerous other cryptocurrencies. It is also a platform for the execution of decentralised smart contracts.
Since its inception roughly 7 years ago, Ethereum has maintained its spot as the second-largest cryptocurrency by market capitalization and has made it its primary objective to become a global platform for decentralised applications, allowing users from all over the world to write and run software that is resistant to censorship, downtime, and fraud.
At the time of writing, Ethereum was priced at $1,628.02 with a 24-hour trading volume of $7.1 billion and a market capitalization of $198 billion.
BNB, Bigger Than Ever
Binance (BNB) which was launched in 2017, is currently the biggest cryptocurrency exchange globally based on daily trading volume. Binance which is a unique ecosystem of decentralised, blockchain-based networks, aims to bring cryptocurrency exchanges to the forefront of financial activity globally.
While it was launched only as a crypto exchange back in 2017, today, Binance has spread its services among numerous different spheres. The Binance-native blockchain BNB Chain has continued to show steady activity growth since the fourth quarter of 2022.
At the time of writing BNB’s price was $323.98 with a 24-hour trading volume of $663 million and a market cap of $51 billion.
Big Eyes Coin: New Coin Big Player
Only a few months since making its entry into the crypto market, Big Eyes Coin (BIG) has already attracted the enthusiasm of many crypto investors.
Launched in August 2022, Big Eyes Coin is a full-on community-centric meme token with the ultimate goal of shifting wealth into the Decentralised Finance (DeFi) ecosystem. With its community-driven approach, Big Eyes Coin wants to give more by building a blockchain ecosystem that self-propagates for Hyper-growth using NFTs to offer access to more content and events.
Now in its 10 out of 15 stages, Big Eyes Coin has raised over $23.5 million in presale tokens to become one of the most successful Initial Coin Offerings (IOCs) in the past 2 years. The cat-themed meme token that has been built on the Ethereum network, through its Initial Coin Offering would provide an advantageous avenue for the investor to acquire tokens at a discounted price and would give early access to potentially high-growth tokens, as well as the option to become a member of the project’s community and decision-making process with 90% of it available at launch.
With a $50 million target before going live, Big Eyes Coin is pipped to be the meme token of the next for the next generation.
Find out more about Big Eyes Coin (BIG):
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