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The cryptocurrency industry has been known to have an air of skepticism surrounding it, what with its relatively recent introduction into the lives of everyday people and somewhat limited access to knowledge encompassing the topic. It can be quite intimidating to delve into the crypto world without a helping hand. Digital currencies will soon become the norm, so it is important to educate yourself and prepare for this impending transition as the dawn of a new financial era is upon us.
We will explore different cryptocurrency projects that currently show significant promise and will help build your understanding of what all three projects are hoping to achieve and perhaps are worth looking into, whether you’re an experienced investor or just starting. Let us take a look at Ripple (XRP), Big Eyes Coin (BIG), and Stellar (XLM).
Summary
Ripple (XRP): Low Transaction Fees At No Consequence Of Speed
Ripple (XRP) is a ledger that is a decentralized technology that is open-sourced and permissionless. This platform offers low transaction fees at $0.0002 per transaction, high-speed transaction settlements at 3-5 seconds a pop, and good scalability at 1500 transactions per second. This global payment network has managed to onboard some major players in banking and financial services- such as Bank of America and Travelex Bank- as their customers. Its native currency XRP, is a bridge currency to other currencies and serves as a medium of exchange between them. The XRP ledger features one of the first decentralized exchanges (DEX) with custom tokenization abilities built right into the blockchain protocol. Users of the XRP website can access a myriad of tutorials to assist them in the building of apps, to start using different coding languages, and managing accounts. Now that it joined the ISO 20022 Standards Body- being the first member focused on Distributed Ledger Technology (DLT)- Ripple (XRP) is a crypto that you should keep an eye on. The live price, at the time of this writing, is currently at $0.401735 and has gone up by 1.21% in the last 24 hours.
Big Eyes Coin (BIG): Newest & Hottest Meme Coin Pushing What A Meme Coin Can Be
Big Eyes Coin (BIG) has currently reached its 10th phase in the hopes of becoming a kingpin in the meme coin economy, with big hopes and big moves. After successfully exceeding the $25 Million mark in its presale, the project has almost reached its halfway point towards its launch. The token has broken records, as its presale is recorded to be one of the biggest presales in recent history.
The cat-themed project is seen to be a worthwhile investment option due to its core value of community in its decision-making and focus on achieving success. This lucrative project provides a decentralized network called Big Eyes Swap, in which users can exchange BIG tokens for other cryptocurrencies. The insertion of a handy Big Eyes calculator allows users to proficiently assess how far their capital will reach in the form of BIG tokens by using a slider that shows a direct currency comparison. This provides users with an understanding of how their trade will work simply and effectively.
In addition, the Big Eyes project has included a charity wallet in which 5% of all tokens will be deposited to go towards whichever environmental and marine preservationist charitable organization the Big Eyes community decides to follow. So far, donations have been made towards Pets for Vets- a charity that brings shelters animals and army veterans together- as well as Big Cat Rescue Corp, which saves exotic wild cats, rehabilitating the injured or orphaned in the hopes of reintegrating them back into their natural habitat once healed. This venture attracts those who wish to give back to the world whilst also being part of a meme-loving community that provides a support network for like-minded individuals. A limited-time promo code called “LAUNCHBIGEYES200” will provide an additional 200% to all purchases made using it. The promo was expected to end at the beginning of February. Still, it has now been extended until the 20th, and users can even invest a small amount, with the minimum purchase being $1, making it perfect for new starters wanting to dip their toes in the crypto pool. By the looks of things- Big Eyes Coin is on the come up is continuing to reach its goals.
Stellar (XLM): Connecting Financial Systems – Combining Traditional Finance With Cryptocurrency
Stellar (XLM) is a peer-to-peer decentralised network that connects financial systems across the globe that ensures a protocol for payment providers and financial institutions. Steller (XLM) brings together individuals, banks, and payment processors- offering all the capabilities to create, send and trade multiple types of cryptocurrencies. Stellar (XLM) ensures that a protocol is in place for payment providers and financial institutions, which is designed to move financial resources reliably and swiftly at a minimal cost. The basis of the Stellar (XLM) network is its native currency XLM also known as Lumens- which is used to pay transaction fees and serves as an intermediate currency for operations. The Stellar exchange protocol works by converting the transaction, first into XLM and then into the requested currency. With the project’s emphasis on high-level security, all XLM holders must have at least one token to remain active on the network. Stellar Lumens allows users to tokenize their real-world assets with its custom tools for asset insurance and high-level security protocols. The launch of the Stellar Asset Sandbox was recently announced on Twitter; it is a simple-to-use interface in which users can issue, mint, and burn new assets on the Stellar testnet with no code required. Businesses and individuals can test their asset issuance on this network. The live price today for Stellar (XLM) is $0.092106 and has currently gone up by 1.80% in the last 24 hours.
For More On Big Eyes Coin (BIG):
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
*This article was paid for. Cryptonomist did not write the article or test the platform.
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