Many cryptocurrency projects have captured the crypto market by their ability to outperform expectations on their launch dates. Some prominent cryptocurrencies did not succeed as much before their launch as new coins. Even heavyweight cryptocurrencies like Ethereum (ETH) struggled at first before breaking through and becoming one of the most successful currencies on the coin market.
Tezos (XTZ) is a great example of a crypto project that surged contrary to expectations. Granted, it may be hard to find a token capable of popular acceptance, but a few new cryptocurrencies are displaying signs that their prices could skyrocket. Big Eyes Coin (BIG) is on top of that list. In this article, we will discuss the winning probability of Big Eyes (BIG) in comparison to other successful crypto projects.
Ethereum (ETH): the Second Largest Crypto
Ethereum (ETH) is a well-established blockchain-based decentralized open-source software network. This high-value cryptocurrency project has its currency, Ether, and its own programming language, Solidity.
A blockchain, which is a decentralized computer network or distributed ledger, regulates and maintains the Ethereum platform. Consider a blockchain to be a continuous record of all cryptocurrency transactions that have ever taken place. Network computers validate transactions and ensure data integrity.
This decentralized network is one factor contributing to the appeal of Ethereum and other cryptocurrencies. Users can exchange money without the need for a central middleman like a bank, and the currency is effectively self-sufficient because there is no central bank. Even though the transaction is public on the blockchain, Ethereum (ETH) enables users to conduct nearly untraceable transactions.
Developers can either buy Ether to access the platform or mine for tokens to join the network. The cost of transactions is determined by an underlying process called Gas.
Tezos (XTZ): the Growing Platform
Tezos (XTZ) is a cutting-edge blockchain network that provides more advanced infrastructure, allowing it to evolve steadily and expand without investors worrying about a hard fork, which has afflicted the Ethereum and Bitcoin blockchains. Tezos is propelled by the XTZ, also known as Tez.
Tezos (XTZ) seeks to design a sophisticated architecture that can grow and evolve without the risk of a hard fork. Ethereum and Bitcoin have witnessed this since their launch. Tezos (XTZ) developers suggest protocol enhancements, and Tezos (XTZ) holders can vote for them. Tezos distinguishes itself from the competition due to its distinct governance system. Users will be allowed to vote on development decisions based on the value of their investment.
Tezos is well known for employing a liquid-proof-of-stake (LPoS) method that allows for optional delegation. Tezos uses the XTZ coin, which is created through a process known as “baking,” and you will gain rewards if you stake your XTZ tokens as a “baker” with Tezos.
The Tezos blockchain has achieved remarkable success in the NFT market because it is more environmentally friendly and scalable than the Ethereum network. It has reduced mint prices for NFTs, drawing artists, and investors.
Introducing Big Eyes Coin (BIG)
The Big Eyes Coin, abbreviated as BIG, is a community-based DeFi cryptocurrency project. This cryptocurrency is interested in more than just producing money for its investors; it is also about saving marine life, restocking fisheries, and cleaning up the ocean.
BIG, the native coin, is utilized to power the BIG platform, a centralized blockchain. Users may expect a community whose strength resides in its togetherness; the larger the community and the more active individuals who join, the more powerful “Big Eyes” (BIG) will become.
The Big Eyes (BIG) project will also donate to charity; this token will not only be used to monetize a niche market but also serve as a means of doing good deeds for the cryptocurrency community and the less fortunate.
In addition, the cryptocurrency intends to contribute 5% of its earnings to charitable organizations while reinventing what meme coins are seen as. Big Eyes chose a kitten as its symbol to distinguish itself as the unique coin it is, in stark contrast to the dog-based design many meme currencies have typically adopted as their model. Tokens, NFTs, and other incentives are awarded to community members, who have access to all the latest information since the community comes first. Non-fiat token (NFT) programs for Big Eyes Coin (BIG) are slated to take place at various periods throughout the year.
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*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.