Place/Date: – September 9th, 2022 at 1:42 pm UTC · 4 min read
Source: Big Eyes Coin
The surge in the development of cryptocurrency has led to the introduction of several new coins to the industry. Following the blueprints of pioneer coins – Bitcoin and Ethereum – altcoins are bringing new approaches and expanding how digital currencies should be perceived.
Bringing the witty and fun anime-themed cat to the crypto stage, Big Eyes Coin (BIG) focuses on improving Decentralized Finance and making large donations to organizations supporting ocean conservation. Avalanche (AVAX) hopes to usurp power from Ethereum with its built-in blockchains and subnets. Additionally, Cronos (CRO) is designed to improve the adoption of digital currencies to increase personal control over money and the protection of users’ data and identities.
Big Eyes Coin (BIG): The New Meme Coin King
Big Eyes Coin (BIG) is a new meme coin rapidly gaining popularity due to its unique approach and cute mascot. This coin hopes to expand decentralized finance by infusing money into it. Instead of capitalizing on the purchase of coins by token members to develop the platform, Big Eyes is building a blockchain ecosystem that generates revenues through NFTs, merch sales, community events, and so on. Standing out is a smart way to improve reach in the crypto industry; as a result, the Big Eyes (BIG ) coin designed a cute anime-styled mascot in contrast to the mainstream dog mascots associated with meme coins. The Dynamic Tax System has been established to ensure no additional tax charges on the transactions processed on the platform. Furthermore, through the purchase of BIG tokens, users will have access to the NFT Sushi Crew, where there will be exclusive NFT events. Similarly, Big Eyes aims to have one of its NFT projects in the top ten NFTs soon.
Avalanche (AVAX) Coin Hopes to Solve the Blockchain Trilemma
The advancement of blockchain technology has influenced Avalanche to improve interoperability. With this, several blockchains will be able to interact on the Ethereum platform. It is a Layer-1 blockchain that functions as a platform for customized blockchain networks and decentralized applications. To solve the blockchain trilemma (decentralization, security, and scalability), three built-in blockchains – X-chain, C-chain, and P-chain – have been designed. The implementation of Decentralized Finance will ensure that users enjoy low transaction charges.
As earlier stated, Avalanche was designed to directly compete with Ethereum and with the three-blockchain technology; it will achieve this in record time. With the Avalanche (AVAX) tokens, users can trade, stake, and save their coins. In addition, individuals with the token have the privilege to make governance-related decisions. As of early September 2022, staking Avalanche (AVAX) tokens provides an annual reward of 11.57%, with two weeks being the minimum time for staking.
Cronos (CRO) Coin: Bringing Better Rewards Closer to Its Users
Cronos is a decentralized and open-source blockchain that intends to increase the global reach of cryptocurrency. Its three main functions are payment, trading, and financial services. The ownership of Cronos (CRO) tokens will ensure that users enjoy higher earnings for lending, priority services, and discounted fees. Cronos (CRO) token holders will also enjoy benefits such as airport lounges and rewards. With its blockchain, the platform acts as a cross-asset intermediary settlement layer that can be accessed with Cronos (CRO) coins. The coins can be staked to earn rewards for processing transactions on the network. Additionally, staking will allow users to earn an annual interest of up to 10-12%. There is a limited supply of 30 billion CRO tokens. It is important to note that Cronos has rebranded and is no longer referred to as ‘crypto.org Coin.’ This rebranding mirrors the improved decentralization of the coin and the significant growth of the Cronos ecosystem.
Not many meme coins are revered in the crypto industry, and Big Eyes Coin (BIG) stands to change this narrative. To contribute to the blooming NFT sector, Big Eyes has created the NFT Sushi Crew to generate more revenue for its ecosystem. And while Avalanche (AVAX) and Cronos (CRO) are making their impact on the industry, Big Eyes Coin (BIG) will take the prize with its distinctive ideas and innovations.
More information on Big Eyes Coin: Website, Telegram, Twitter.
Disclaimer: Coinspeaker is not responsible for the trustworthiness, quality, accuracy of any materials on this page. We recommend you conduct research on your own before taking any decisions related to the products/companies presented in this article. Coinspeaker is not liable for any loss that can be caused due to your use of any services or goods presented in the press release.
