It is hard to imagine another industry that could survive despite suffering losses of two trillion dollars. Yet, the crash of summer 2022 has done nothing to stem the constant flow of new tokens.
On an average day, more than a dozen new projects are listed for presale. One of the most promising platforms in the pipeline is Big Eyes Coin (BIG), a community token.
Dogecoin – The Pioneer Of The Meme Token Genre
Cryptocurrency trading is a serious business, with fine margins of profits and losses attached to the industry. However, there’s an element of fun involved. Much of which is owed to Dogecoin, the first meme token to emerge in the market. When Dogecoin was introduced in 2013, it gave rise to the meme cryptocurrency category, which now includes hundreds of tokens.
Based on a wildly popular internet meme, Dogecoin was founded by Billy Markus and Jackson Palmer (Markus hails from the United States, and Palmer is an Australian native. The duo were equally bemused and fascinated by the success of cryptocurrencies, and they decided to create a light-hearted alternative to Bitcoin. Although they did so in jest, Dogecoin became an instant hit, even taking its creators by surprise.
The native token is called DOGE. The project was forked from Litecoin and functions as an open-source platform. Elon Musk, the CEO of Tesla and owner of Twitter, is a DOGE fan, and his tweets have generally coincided with a spike in Dogecoin’s price. One of DOGE’s principal uses has been as a reward for content generation on Reddit and Twitter.
Solana – A Distinguished Decentralized Applications Project
Like Dogecoin, Solana is one of the leading platforms on the market. Solana is an open-source initiative banking on blockchain technology’s permissionless attribute to provide decentralized finance services. Although development on Solana began in 2017, it was until 2020 that the Solana Foundation formally introduced the platform to the public. Solana’s headquarters are situated in Geneva, Switzerland.
The project’s main purpose is to support the creation of decentralized applications. Notably, Solana enhances scalability by consolidating a proof-of-stake consensus mechanism with a proof-of-history protocol. The resulting hybrid model has become Solana’s unique selling product, allowing the platform to attract interest from traders of all sizes.
Moreover, Solana was founded by Anatoly Yakovenko. Once a software engineer at Dropbox, Yakovenko partnered with Greg Fitzgerald and launched Solana Labs, laying the foundations for what would become Solana eventually. Solana’s native token is SOL. The platform owes its popularity to the PoH mechanism it employs: the hybrid model improves scalability, which augments usability.
Big Eyes Coin – A Much-Needed Boost For The Market
The fate of BIG correlates with the utilization of decentralized finance because the former will funnel users’ funds into the DeFi space. Another element of BIG is that it has a welfare motive. This means that a fixed percentage of each deal will be used for the conservation of the oceans. In addition, token holders can enjoy exclusive content through non-fungible tokens.
The makers of BIG will circulate 200 billion tokens altogether. The vast majority of BIG tokens will be available at launch (70% at presale and another 20% on various exchanges). The outstanding 10% is to be divided equally among marketing and charity.
Buying BIG is easy: download MetaMask on your phone, laptop, or tablet. You can purchase Big Eyes Coin by using your card or Ethereum tokens.
For more information on Big Eyes (BIG), you can visit the following links:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
