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Regardless of the crypto market’s condition, DeFi has continued to evolve. Many blockchain networks and layer-2 scaling protocol are continually adjusting their services to suit the latest DeFi demands.
Recently, Ethereum upgraded to a full Proof of Stake (PoS) consensus mechanism, many other blockchains have also carried out new integrations and innovations worth noting too. DeFi is not stopping anytime soon but is rather set to take over traditional internet systems through Web3.
As the crypto market sets to recover from its latest quagmire, these cryptocurrencies are showing signs of moving ahead. They include Binance Coin (BNB), Ripple (XRP) and Big Eyes Coin (BIG). Find out more in this article.
Summary
Binance’s Newest Policies Continue To Attract Traders To Binance Coin
Since the FTX liquidity crunch, Binance has been vocal about securing investors’ funds in reserves to prevent situations like that from repeating. Binance declared its asset reserves stored in a cold wallet to help investors understand how their funds are protected and recovery strategies to use during liquidity challenges.
Binance’s transparency has contributed to BNB’s increased attraction. Following the announcement of a potential FTX buyout, Binance Coin (BNB) skyrocketed by more than 20% in 24 hours before correcting after the deal fell out.
Binance remains the leading crypto ecosystem and the largest exchange by trading volume. Its strategic partnership has helped it to earn the much respect it currently has in the crypto industry.
Its utility token, BNB, is very much revered in the market by top institutions who also hold it just like Bitcoin and Ethereum. Binance Coin could be a good shield against extreme markets seeing how trustworthy it has appeared to be recently.
Coinbase’s Interest In Ripple’s Case, A Sign Of Promising Victory?
Coinbase recently picked interest in Ripple’s case with the SEC in court. Although other crypto ecosystems too have shown interest, including Cardano; Coinbase’s interest has been more obvious, especially after winning the go-ahead to file a supporting brief for Ripple (XRP).
Ripple has been on a positive trend since this development was announced. Also, Ripple recorded a high trading volume one week after the news announcement. Ripple could be on a huge ride if it eventually wins its case in court. It has all it takes to skyrocket if this is the case.
Big Eyes Coin’s Predicted To Pump After Launch
The latest prediction by the community nudges Big Eyes Coin to pump after it launches soon. Big Eyes Coin has been performing so well in presales, raising more than $11 Million in the process, according to reports on its website.
Big Eyes Coin secured a tier-1 CEX launch expected to hold soon. Meaning that you could be buying and trading Big Eyes Coin (BIG) in a centralised exchange soon. With all the activities recorded on Big Eyes Coin lately, its community’s prediction could be the case when it launches fully to the market.
You could still get started over presale. Visit Big Eyes Coins’ official website and head to the “Buy Big Eyes Coin” section. Or, click the button below, and be sure to use code BCUTE033 for a BIG token bonus!
Learn more about Big Eyes Coin:
- Presale: https://buy.bigeyes.space/?section=buy
- Website: https://bigeyes.space/
- Telegram: https://t.me/BIGEYESOFFICIAL
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.
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