Will budding investors choose Big Eyes Coin over Bitcoin and Litecoin?

What is Gen Z’s perception of Bitcoin (BTC)?

Bitcoin has been number one for a while. It was the first significant cryptocurrency on the market. The concept of some form of decentralized currency was very appealing. Released in 2009, Bitcoin (BTC) did not reach the $1 mark until 2011. It peaked in 2021 at $64,800; since then, more people have been interested in the currency. However, newer technology may interest Gen Z more. The market for Bitcoin is already saturated and the stage where you could have made the most was before Gen Z could invest. This can lead them to seek out new cryptocurrencies that haven’t peaked yet.

Another thing that could influence Gen Z’s perception of Bitcoin (BTC) is the proof-of-work mining method. This method requires miners to solve complex mathematical equations to find the complementary hash code of the last block on the blockchain. This process allows blocks to be added to the blockchain. Those who solve it are awarded one Bitcoin. As more people have started trying to mine Bitcoin, the puzzles have gotten harder. Miners have now started using super-intelligent computers to solve these equations for them. These computers consume a large amount of energy and consume a shocking 127 TWh. This amount of energy consumption is wreaking havoc on our environment: something Gen Z is hugely passionate about.

How does Gen Z view Litecoin (LTC)?

Litecoin was released two years after Bitcoin (BTC); however, most older Gen Z will not remember this since they were of school age at the time. Currently, it is number 21 on CoinMarketCap. By no means an unpopular cryptocurrency; it’s nowhere near the popularity level of Bitcoin, which can make the coin seem more forgettable. Since the coin did not blow up like Bitcoin, it is still doing well and has a faster transaction speed that may appeal to a generation used to instant gratification.

Like Bitcoin (BTC), Litecoin uses a blockchain that still uses the proof-of-work mining system. As mentioned earlier, this mining method uses a huge amount of energy. It can negatively affect the environment and promote the speed of climate change, which will not appeal to the environmentally conscious generation.

Why does Big Eyes Coin (Big) appeal to Gen Z?

Big Eyes Coin (BIG) is a new cryptocurrency that has sold $3.2 million in its presale. It is a meme coin, a form of cryptocurrency that has only recently become popular. This new form of crypto could be exactly what Gen Z wants to invest in. A new cryptocurrency like Big Eyes Coin could be a good investment for them as it is not saturated like Bitcoin and its value is likely to increase exponentially. With its playful themes, the meme nature of this coin is likely to appeal to Gen Z over the boring, monotonous vibes of mainstream cryptocurrencies.

Big Eyes Coin (BIG) also runs on another blockchain, the Ethereum blockchain. After the recent merger, the Ethereum blockchain has switched from proof-of-work to proof-of-stake method. The PoS method validates cryptocurrency transactions by allowing the currency owners to stake their coins; this gives them the right to check and validate new blocks of transactions and add them to the blockchain. This method is 99% more environmentally friendly than PoW. With the state of the current environment, Gen Z wants to do everything they can to preserve it, potentially including switching to a greener cryptocurrency like Big Eyes Coin (BIG) over Bitcoin (BTC) and Litecoin (LTC)

Follow the links below to learn more about Big Eyes Coin’s donations to ocean saving charities!

Big Eyes Coin (BIG)

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