There is a lot of anticipation for the upcoming year because many analysts believe that the cryptocurrency industry won’t suffer as much as it did in 2022. This year marked the beginning of the crypto winter, which witnessed more losses than profits. But if you possess particular cryptocurrencies, things might become better in 2023.
Litecoin (LTC), Cardano (ADA), and Big Eyes Coin (BIG) are three cryptocurrencies whose prices may rise more than those of other cryptocurrencies in 2023, placing their owners among the top gainers. These tokens are regarded as crucial assets with the ability to boost wealth by experts. Let’s look at what makes these three cryptocurrencies appealing to people.
Litecoin (LTC) is a peer-to-peer (P2P) payment network that operates on a global scale. In 2011, Charles Lee created Litecoin, which started out as a fork of the popular cryptocurrency Bitcoin (BTC) with better mining capabilities. It also added a better mining algorithm, enabling faster transactions and more scalable processing power.
Litecoin can process transactions faster than Bitcoin because it uses the Scrypt algorithm, which requires less memory. In contrast to other cryptocurrencies like Bitcoin, which could take up to 10 minutes or longer to confirm a transaction, Litecoin can accomplish it in as little as two to three minutes. Hackers and other unscrupulous individuals who want to grab control of users’ data by stealing or modifying data already present on the blockchain are unable to enter the secure blockchain of Litecoin (LTC).
The cryptocurrency that powers Cardano is a blockchain platform for building smart contracts and decentralized apps. The blockchain platform is powered by the cryptocurrency, Cardano (ADA). Cardano (ADA) improves how people construct, trade, and interact today while providing consumers with long-term sustainability and creating a new standard in crypto technology. Because of this, Cardano (ADA) supports a community of innovators that is growing DeFi capabilities and caters to those looking to make a difference in the global financial industry.
Cardano (ADA) is a fantastic cryptocurrency alternative for increasing the profitability of cryptocurrency users’ portfolios because of its high-yield potential. Cardano (ADA) offers consumers the opportunity to increase the value of their investment and generate a passive income thanks to its strong DeFi capabilities. Cardano (ADA) coin holders can use their coins as collateral to get cryptocurrency loans or lend their coins to earn interest. Additionally, users of Cardano (ADA) can stake their ADA tokens to earn annual percentage yield (APY) rewards, which will increase the number of ADA coins in their wallets.
Big Eyes Coin (BIG)
A new coin called Big Eyes Coin (BIG) has a great possibility of making the most money rapidly. Future supporters of the project who have high hopes for Big Eyes Coin have been creating a lot of hype. Big Eyes Coin is educating people about cryptocurrencies by dispelling myths about decentralized finance. There is a sizable meme community on social media because many people create a large number of memes every day. By taking advantage of this, Big Eyes Coin is making an investment in a certain market sector that will ultimately aid the platform’s success.
The Big Eyes Coin project will host a Metaverse that its users can access when it launches. The implementation of the dynamic tax system will contribute to the reduction of additional fees for all transactions done on this platform. Big Eyes Coin wants to keep growing, and they plan to do so by working with social media influencers and through smart marketing strategies.
Big Eyes Coin will host a Non-Fungible Token (NFT) event and accept payment using Big Eyes Coin (BIG) tokens. Throughout this time, contests will be held with rewards given out in an effort to advance the Big Eyes Coin NFT into the top 10 spots on the NFT market. A portion of the transaction fees from these purchases goes to the owners, the purchasers of the NFTs, and a charity event to support sea life preservation.
To learn more:
Big Eyes Coin (BIG)
BIGG6745 – code for bonus tokens with your Big Eyes purchase!
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.