Top 3 Utility and Functional Tokens to Buy: Decentraland, ApeCoin, Big Eyes Coin
Top 3 Utility and Functional Tokens to Buy: Decentraland, ApeCoin, Big Eyes Coin. This is a sponsored advertising post. Nothing in this content should be construed as advice, it is meant for informational purposes only.
Today, we are witnessing a cryptocurrency boom, enabled by NFT adoption and integration of various utilities into the blockchain sector. The crypto collapse hasn’t eclipsed this growth either, as crypto adoption and market capitalization continue to record new highs. If you’re looking for that mix of fun, utility and profit, you should take a look at Decentraland (MANA), ApeCoin (APE), Big Eyes Coin (BIG) and what they offer.
MANA is the native token of Decentraland, a 3D virtual reality platform designed to help artists and creators monetize their content. MANA is a top NFT-based platform in the crypto world, mainly due to its numerous issues in the virtual worlds and metaverses. If you’re a crypto user seeking a cool medium for maximum entertainment, you’ll find Decentraland particularly functional.
Beyond this, MANA facilitates high-end transactions such as acquisitions of real estate (LAND), governance and voting on real estate questions, and a steady way to earn rewards on the Decentraland platform. Decentraland metaverse plays host to numerous events, and all of these events keep attracting gaming enthusiasts from all walks of life, helping them maximize the vast opportunities locked in various virtual reality platforms.
As the MANA utility and use cases expand to cater to a broader demographic of investors, market analysts have forecasted Decentraland’s native coin, MANA, to trade at around $8 by the end of the next year. However, it appears the Q3 crypto collapse and its ensuing dip in the cryptocurrency market have rendered these forecasts figments of imagination, at best.
According to CoinMarketCap, at the time of writing, MANA trades at $0.851. More than ever, MANA has consistently inched towards the $1 mark, thereby attesting to its stamina and profitability despite the inflation and various challenges affecting the cryptocurrency market.
APE is the utility token of the ApeCoin platform. Its utilities include the ApeCoin DAO and the various services deploying the APE token. This token stimulates the growth and development of a decentralized Web 3.0 by powering rewards for community participation, games and events, access to items and Governance. As a user, you can trade ApeCoin on various exchanges such as Coinbase, Binance, Huobi, KuCoin etc.
APE’s most popular NFT use case is by Yuga Labs. Yuga Labs was designed by the creator of the famous Bored Ape Yacht Club (BAYC) NFT collections, utilizing APE, the token, as the main cryptocurrency for their new products. The Bored Ape Yacht Club started in April 2021 and comprises thousands of individual ape NFTs, each bearing various facial expressions and clothing designs. This concept enjoyed popularity among celebrities such as Justin Bieber, Jimmy Fallon, and Paris Hilton, each investing in the NFTs, thereby revving up ApeCoin’s outlook as a major NFT coin and boosting its market cap.
APE boasts a market capitalization projected at $2.93 billion, and this is despite being one of the newest coins in the cryptocurrency market. It is ranked 37th in market capitalization as of August 2022. CoinMarketCap records, as of the time of writing, that the price of an APE is $5.45.
Big Eyes Coin (BIG) is a community-meme token designed to foster a better and safer world. BIG is the brainchild of a concerted effort to safeguard the water bodies and oceans while helping a growing community of crypto lovers benefit from crypto companies and DeFi.
It must be noted that this endearing cat mascot was created in reaction to the excessive number of dog-themed meme coins. So Big Eyes is a departure from the popular dog fanfare to build on the cat fanbase, drawing strength from its growing community in its mission to overthrow industry heavyweights like Dogecoin and Shiba Inu.
The Ethereum-based platform understands that every cryptocurrency has its heart and soul in the community. As such, it aims to always prioritise the demands of its community and reward its dedication to the project.
Big Eyes (BIG) also ranks among some of the top ten NFT initiatives in the cryptocurrency industry. For the NFT holders in the community, Big Eyes is working on an exclusive NFT Sushi Crew club such that holders can take advantage of exceptional rewards and purchase the best NFTs available.
Big Eyes is a project far ahead of its time, with bold ideas and opportunities for the crypto community. With its presale projected for Q4 2022, the buzz and fanfare for Big Eyes will take the cryptocurrency market by storm.
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