Cryptoanalysts believe that it is only a matter of time before Big Eyes Coin catches up with Solana and Dai
Cryptocurrencies began as a way to take financial power away from centralized systems like banks and other institutions and give that power back to the people. The launch of Bitcoin (BTC) started a true revolution. A lot has changed in finance since then and now the masses are in control of their currency and don’t have to depend on these financial institutions. Solana (SOL) and Dai (DAI) have built strong followings in the crypto industry because of everything they have to offer, but Big Eyes Coin (BIG), a new meme coin, is set to surpass them with everything it has to offer .
What’s the fuss about Big Eyes Coin (BIG)?
Big Eyes Coin (BIG) is a community-based meme coin that is currently in stage 5 of its presale. The new crypto has become so popular in the crypto industry, especially as it has raised a whopping $6.85 million and is yet to launch. Big Eyes Coin (BIG) was created with many big goals. The primary is to build a strong Decentralized Finance (DeFi) ecosystem and reward users with the profits it brings into this ecosystem. Big Eyes Coin (BIG) also wants to join the effort to protect the oceans and the life in them, and more donations will be made to organizations and charities that support this cause.
Big Eyes Coin (BIG) is one of the most talked about cryptocurrencies on the internet. It wants to speed up cryptocurrency adoption. All features and systems in the Big Eyes Coin ecosystem are designed to streamline crypto trading. Users will also be provided with tutorials and guides to accelerate familiarity.
In time, Solana (SOL) could become the next Ethereum (ETH)
SOL is the original coin that powers the Solana blockchain, and it was built to improve the accessibility of blockchain technology and cryptocurrencies. To achieve this, Solana’s open source blockchain aims to solve the problems of scalability, security and decentralization using Solana (SOL) tokens. These tokens are used to perform transactions, create Non-Fungible Tokens (NFT), run decentralized applications (dApps) and participate in governance voting on the blockchain. Because Solana (SOL) tokens can be used to mint NFTs and the blockchain supports smart contracts, it has joined the list of “Ethereum Killers” that the crypto industry feels could take Ethereum’s (ETH) place. However, it stands out in this group due to low transaction costs and very fast transactions, making it a favorite among crypto traders.
Dai (DAI): Blockchain Lending Done Right
Dai (DAI) is a stablecoin released in 2017. MakerDAO, a decentralized autonomous organization, runs it. Many cryptocurrency veterans believe that Dai (DAI) is the first DeFi stablecoin to experience widespread popularity. In October 2022, Dai (DAI) was the second largest stablecoin in the crypto industry.
As a stablecoin, the Dai value (DAI) is tied to a reference asset. In this case, it uses US dollars. The MakerDAO protocol allows interested users to lock their cryptocurrencies in smart contracts and mint Dai (DAI) as a loan. These cryptocurrencies that are locked by users act as collateral and when the loan is repaid, these are returned and Dai (DAI) is burned. The Dai (DAI) loan rate is set by governance voting on MakerDAO.
To find out more about Big Eyes Coin (BIG), follow the links below:
Pre-sale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram:
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent Bitcoinists. Bitcoinist does not guarantee the accuracy or timeliness of the information available in such content. Do your research and invest at your own risk.
