The Battle of NFTs – Ethereum’s CryptoPunks vs ApeCoins Bored Apes vs Big Eyes Coin NFT Sushi Crew
Scary start to the week as cryptocurrency markets for Bitcoin, XRP, Cardano and Polkadot all experience difficulties. At the time this piece was written, the price of Bitcoin fell to £17,310. Many major cryptocurrencies have been on a bullish run since the beginning of June, which is the lowest level.
Since its inception, the NFT (non-fungible token) space has experienced exponential growth as more people have expressed a desire to own a non-fungible token. This is due to both the market value and the diversity of digital assets it provides. Experts and enthusiasts expect the NFT business to surpass its current market cap of $80 billion by 2025.
In the early days of NFT, the majority of digital assets created were meme-like images, videos and GIFs; new iterations and variants of these digital assets are minted as NFTs on a variety of other blockchains. Since NFTs want to represent and develop real collectibles, game assets and metaverses, we can conclude that they are on the rise in the virtual world.
In this article we will look at some of the most bought NFTs and the prospect of Big Eyes joining the NFT market.
Ethereum (ETH) Home of CryptoPunks
Cryptopunks is one of the first instances of a Non-Fungible Token on Ethereum, and it served as the model for the ERC-721 standard, which underpins the majority of digital collectibles and artwork. The Ethereum blockchain contains nearly 10,000 distinctive collectibles.
Initially, these unique characters were available to anyone with an Ethereum wallet. When all 10,000 collectibles were claimed, this gave birth to the NFT Marketplace. From this point on, CryptoPunk NFTs must be purchased.
ApeCoin (APE) Land of Boring Apes
Yuga Labs used ApeCoin as the model for the Bored Ape Yacht Club non-fungible token. ApeCoin, which was created to be used in the APE Ecosystem, is funded by the APE Foundation, which also supports the APE Ecosystem.
In 2021, the NFT industry had a significant growth in popularity. We observed many athletes and celebrities purchasing these Monkeys as a result of this exponential increase. showcase them on their social media channels to increase visibility for both the NFT industry and the cryptocurrency sector. Bored Ape NFTs are owned by celebrities such as Serena Williams, KSI, Kevin Hart, Snoop Dogg and Shaquille O’Neal.
Big Eyes Coin (BIG) Join the Sushi Crew
Big Eyes is a brand new meme coin project active on the Ethereum network. Top meme coin and DeFi prospects have decided that the Ethereum blockchain is the ideal network for them. That’s exactly what the Big Eyes coin is; it is a meme coin that aims to use DeFi to improve the community.
Big Eyes Coin uses non-fungible tokens to increase the value of its assets in the community, and the funny cat memes can help it gain momentum in the NFT market. Big Eyes Coin already has a significant following on social media, and once the Sushi Crew NFTs are released, the following is expected to expand.
Final thoughts
The industry has grown rapidly ever since NFT games first appeared. Gamers find meaning in their favorite pastime now more than ever. Sales of non-fungible tokens have risen steadily and have reached an all-time high; from less than $100 million in sales in 2020 to a significant increase of up to $25 billion in 2021, they have steadily increased since then.
Big Eyes Coin could be the breath of fresh air the NFT market needs, creating cute cat themes that will attract everyone around the world.
To learn more about Big Eyes Coin (BIG) click below
Advance sales: https://buy.bigeyes.space/
Website: https://bigeyes.space/
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