Very like the remainder of the 12 months, the crypto market is experiencing a downward pattern. The crypto giants are falling, and customers are frightened about which cryptocurrency to choose for his or her portfolio in This autumn. This unfavourable pattern has come as a shock to many cryptocurrency fans as cryptocurrencies traditionally carry out properly throughout Autumn. Bitcoin (BTC) reached its all-time excessive in November 2021.
Ethereum (ETH) and Dogecoin (DOGE) have declined heavily in the past seven days, showcasing how volatile the crypto market can be. So, will Big Eyes Coin (BIG) become a haven for the crypto community while crypto giants are declining in the market? This editorial piece will examine the use cases of Big Eyes Coin and whether it has what it takes to compete with Ethereum and Dogecoin.
Big Eyes Coin Looks To Replicate The Success Of Crypto Giants
Big Eyes Coin has designed an ecosystem that facilitates growth for the DeFi ecosystem while prioritising sustainability. The new meme token will host an NFT collection, which could reach the top ten projects. Additionally, Big Eyes NFT holders can utilise the NFTs as keys to special events, parties and clubs on the Big Eyes Coin platform.
As mentioned above, Big Eyes Coin prioritises sustainability. To remain sustainable Big Eyes Coin has set up a dedicated charity wallet. The charity wallet contains 5% of BIG tokens and will make regular contributions to ocean conservation sanctuaries. Big Eyes Coin has already donated $2000 to Orca Network, inspired by the philanthropic work of Snoop Dogg.
Big Eyes Coin is rampaging through each of its presale stages, representing a unique opportunity to the crypto community as the token is unaffected by the crypto crash. Big Eyes Coin has raised $9.71 million at the time of writing, showcasing the community’s excitement surrounding the platform.
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Can Ethereum Bounce Again?
It has been a tricky week for Ethereum holders. The crypto large has declined by 22.56% previously seven days on the time of writing. Nevertheless, just like the crypto market often does, Ethereum is more likely to bounce again and supply good returns sooner or later. This decline may characterize a singular shopping for alternative for customers if Ethereum rises within the coming weeks.
Though Ethereum is experiencing a downward pattern, its ecosystem just lately underwent a technological improve. The Ethereum 2.0 merge noticed Ethereum swap from a Proof-of-Work (PoW) consensus to Proof-of-Stake (PoS).
In switching to a PoS consensus, Ethereum diminished its giant carbon footprint by 99.95%! Moreover, Ethereum can attain an unfathomable variety of transactions per second, going above and past Solana’s (SOL) spectacular 50,000.
Dogecoin Plummets After Worth Rally
Dogecoin was the recipient of an incredible price rally after the news that Elon Musk purchased Twitter. Dogecoin had risen by 160%, bringing its market capitalisation to $15 billion!
However, Dogecoin has since fallen from its high, declining by 31.02% in the past seven days. The decline has taken its market capitalisation down to $10.9 billion at the time of writing, showcasing how volatile the crypto market can be.
Although Dogecoin is plummeting, Elon Musk could help the meme coin giant rise again. When Elon Musk accepted DOGE as a valid currency for Tesla merchandise, Dogecoin experienced a price spike. If Elon Musk accepts DOGE as a currency for tipping creators on Twitter, we could see the same trend occur.
Ethereum and Dogecoin are currently experiencing a downward trend. However, like the crypto market, they are likely to bounce back, making them potentially ideal cryptocurrencies to purchase.
Big Eyes Coin also offers a unique buying opportunity. The new token is unaffected by the market slump and is garnering a lot of attention from the crypto community thus far.
For extra info on Massive Eyes Coin (BIG), please go to the next hyperlinks:
Web site: https://bigeyes.space/
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