STRONG COMPETITION FOR POLKADOT AND UNUS SED LEO – BIG EYES COIN RAISES OVER $1 MILLION WITHIN ITS FIRST WEEK OF PRESALE
BIG EYES COIN RAISES OVER $1 MILLION WITHIN ITS FIRST WEEK OF PRESALE. This is a sponsored advertising post. Nothing in this content should be construed as advice, it is meant for informational purposes only.
In a nutshell, cryptocurrency is decentralized digital money based on blockchain technology. The most well-known cryptocurrency, Bitcoin, was introduced to the public in 2009, and thousands of other cryptocurrencies have emerged since then. This new decentralized payment system has taken the world by storm, and investors across the globe now consider this a serious option for their investments. Unlike other currencies under the management of a central authority like US dollars, cryptocurrency management is distributed amongst its users via the Internet.
Cryptocurrency seems really easy to many people, but it’s quite the opposite. Thousands of people have lost their lifelong savings by investing in the wrong crypto coins, but we have all heard the stories of crypto millionaires who made millions from investing a small amount of money. Adequate knowledge is necessary if you want to invest in any kind of market. A crypto market is not an easy one to understand completely, and on top of that, it is highly volatile. Despite all these limitations, it is a fact that it is one of the most popular investment options right now.
Big Eyes (BIG)
Big Eyes (BIG) is the latest addition to the crypto market, it is a meme coin that is also equipped with several usability features. Meme coins are always criticized for their lack of usability, the current rulers of this sector, Dogecoin (DOGE) and Shiba Inu (SHIB) are also decried heavily due to this reason.
Big Eyes (BIG) is aiming to change that perception about meme coins by integrating various usability features. With a strong focus on the community, this brand-new cryptocurrency aims to do more than just provide users with a platform. Defining and simplifying Decentralized Finance and making it accessible to the masses are two of its primary objectives.
Big Eyes (BIG) Coin showed the steps to achieve maximum growth in the shortest possible time. The first part of the plan is to gain attention through social media platforms. A platform’s acceptance and popularity on social media will determine its initial success. Community-based non-fungible token (NFT) projects will then be driven by the platform to bring value to the Big Eyes ecosystem.
Here are some steps to simplify the DeFi industry. Decentralized finance was created to provide a seamless asset trading opportunity. However, this may be too technical for the average global user and reduces interest in the industry. Big Eyes Coin intends to change this by creating tutorials and how-tos that make the process as simple as possible.
How to buy Big Eyes (BIG) Coins?
Here is a step-by-step guide for you to purchase Big Eyes (BIG) Coins:
First of all, you need to have a MetaMask wallet installed on your browser. You can use either a Desktop or a Mobile, however, we’ll recommend using a Desktop as it gives you a smoother purchasing experience.
When your preferred Wallet provider is ready, click on the “Connect Wallet” button and select the desired option. In the case of a Mobile Wallet, you need to select “Wallet Connect”.
The options are:
- Buy ETH with a card
- Buy Big Eyes with ETH
- Buy Big Eyes with USDT
Upon the conclusion of the Presale stage, you’ll be able to claim your Big Eyes tokens by visiting the website of Big Eyes, i.e. https://bigeyes.space/. These 3 steps will help you to purchase Big Eyes (BIG) Coins right away!
Many people believe that one of the most creative initiatives in the cryptocurrency space is the Polkadot coin project. The promotion of a heterogeneous multi-frame network is its primary goal. These factors have caused numerous investors to pay close attention to it. Using the network’s native coin, known as the DOT, the Polkadot network intends to solve several limitations associated with Blockchain technology, such as scalability and security.
The Polkadot network stands out because of its ability to close the interoperability gap currently present in Blockchain technology. Different cryptocurrency networks are all isolated from each other, with little information exchanged between them. One of the reasons why people are still hesitant to adopt the Blockchain ecosystem is this lack of interoperability. This gap is what the Polkadot network aims to close.
The Polkadot (DOT) blockchain has made this possible because it has a core network that allows other blockchains to connect and communicate with one another. The other blockchains will be hosted on this core network, also referred to as the relay network, which will also manage their security and transactions. Thus, seamless cross-chain interoperability will be possible.
Whether Polkadot is a promising investment or not is for the investor to decide after doing adequate research. It is important to note, however, that Polkadot was priced at $2.69 when it hit the market, and its price has since risen to over $8. This approximately 240% increase in price in less than two years signifies the fact that Polkadot has the potential to grow even further.
UNUS SED LEO (LEO)
UNUS SED LEO (LEO) is the name given to a utility token used across the iFinex ecosystem. The job of this token is to allow Bitfinex users to get a discount on trading fees. This discount percentage is dependent on the amount of LEO any customer has in their account.
The main feature of this LEO token is that it will not last forever since it is based on a buyback and burn mechanism which means that all the initial and maximum supply of the token will be bought back and burned by the iFinex company. Out of the one billion LEO available, 61,790,865 had been burned as of January 2022, which is equal to $232 million. The volume of fees earned by iFinex will determine how long the UNUS SED LEO cryptocurrency will exist.
In addition to being a discount token, it also serves as the marketplace token for all iFinex products. It exists on two blockchain platforms called the Ethereum and EOS blockchains, and both these blockchains are smart contracts enabled. In a rare two-chain IEO (Initial Exchange Offering), 64% of the total supply of one billion tokens was distributed on the Ethereum blockchain and 36% on the EOS blockchain. Interoperability between the two chains is possible thanks to Bitfinex. Although this project has a limited lifespan and unique utility, it still has the potential to be a good investment.
With so many various options available today, cryptocurrency is clearly the future of our digital world. New and innovative projects have also been developed for people to consider like the Polkadot network which aims to bridge the interoperability gap currently present in Blockchain technology. UNUS SED LEO is another utility token with significant potential for investors to consider. However, unpredictability and market volatility make these coins a risky investment.
As people are more interested in investing in new cryptocurrency after the recent market crashes, Big Eyes (BIG) seems to be a viable option. It is equipped with various usability features as well as strong fundamentals unlike various meme coins out there. Aside from that, you can purchase BIG tokens at an exceptionally low price since it is still in the presale stage.