In 2022, the cryptocurrency market was comparatively quiet, with many altcoins experiencing record low prices. It is safe to say that the crypto winter was unnecessarily prolonged.
The upside is that in anticipation of the next cryptocurrency bull run, investors are now shopping for cryptocurrencies with more useful applications and long-term growth potential. Investors are keeping an eye on digital assets like Aave (AAVE), Litecoin (LTC), and Big Eyes Coin (BIG) because they are poised to deliver significant gains in the near future. Read on to learn about these coins.
Aave (AAVE): Leading Cryptocurrency Lending Platform
Aave (AAVE) is one of DeFi’s most well-liked lending protocols. The platform makes it possible to lend and borrow cryptocurrency in exchange for interest payments. The AAVE token, which serves as the protocol’s native governance token, is one of the most well-known DeFi tokens and is one of the several that are offered.
Without using banks or other middlemen, you can obtain a loan straight from a lender via Aave. Instead, all assets are managed via smart contracts, a part of blockchain technology. Customers can do business using smart contracts without paying or entrusting a third party. Users can lend, borrow, and profit from cryptocurrency assets using the decentralized Aave (AAVE) lending system. On this decentralized platform, community members can either be lenders or borrowers. Users who lend would provide market liquidity to earn money as interest passively, and variable interest rates would be charged on borrowed cryptocurrencies.
The Aave (AAVE) platform facilitates the execution of trustless lending and borrowing services and does not call for intermediaries, know your customer (KYC) procedures, or anti-money laundering (AML) paperwork. Aave is also adamant about maintaining the growth of its DeFi ecosystem to accommodate cryptocurrency users. The platform also contains intriguing features and use cases that have the potential to significantly increase its price before the year is up.
Litecoin (LTC): Safe and Secure Crypto Platform
Litecoin (LTC) is a decentralized cryptocurrency that’s based on Bitcoin (BTC) open-source technology. One of the first still-existing cryptocurrencies, Litecoin was developed by Charlie Lee in 2011 as a rival to Bitcoin. Being one of the most secure digital currencies available, Litecoin has followed the same cryptographic principles as its forerunner.
Litecoin (LTC) is also very well-liked because it has less transaction fees and quicker transaction speeds than Bitcoin (BTC). But the main driver of fresh interest in Litecoin (LTC) is the projected price halving that took place in 2019. The price of Litecoin (LTC) typically increased as a result of this event since it reduces the incentives given to existing miners by half while theoretically maintaining the same level of demand.
Big Eyes (BIG): Extraordinary Altcoin Set to Rally Soon
Big Eyes (BIG), a brand-new meme coin, is presently available for pre-sale. Big Eyes, which is anticipated to launch soon, appears to be following Dogecoin’s lead and is probably going to experience a similar level of success. Being a meme coin, Big Eyes places a strong emphasis on its community and works to develop a website that its users will find rewarding. Big Eyes is fulfilling all the criteria for a potent meme coin by creating a cozy and enjoyable platform where users can unwind and have fun.
With the aid of blockchain technology and the NFT market, The Big Eyes Coin (BIG) seeks to share wealth among its community and users. The Big Eyes Coin (BIG) ecosystem works to safeguard a significant portion of the global ecology while promoting growth, development, wealth creation, and profit-making for its community members. Users of the Big Eyes Coin (BIG) platform can take advantage of the market for non-fungible tokens (NFTs), which is expected to increase in value dramatically over the next few months and once the NFT market gains in value. The Big Eyes Coin (BIG) token would appreciate in value in tandem with NFTs.
To gain access to more information regarding Big Eyes, use the links below:
Big Eyes Coin (BIG)
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.