While the crypto market saw one of the most volatile years in 2022, Q1 of 2023 has been one of the best market trends the crypto market has seen since 2021. The global crypto market capitalisation has surpassed $1 trillion after falling to $800 billion through December 2022. This editorial piece will examine the ecosystem of Big Eyes Coin (BIG). The new meme token has raised an eye-watering amount through its highly successful presale.
The token looks to mirror the success of Solana (SOL) and Decentraland (MANA), two crypto platforms that have significantly impacted the market since their inception. While Solana focuses on sustainability and scalability, Decentraland prioritises Play-to-Earn (P2E) features, becoming the first virtual world owned by its users.
Big Eyes Coin – Can’t Stop, Won’t Stop Rising
The Big Eyes Coin ecosystem is gathering lots of attention for its innovative features and sustainable approach to a crypto market notorious for high energy consumption. The Big Eyes Coin token builds on the Ethereum (ETH) network, which has recently reduced its carbon footprint by 99.95% due to its new Proof-of-Stake (PoS) consensus.
While the Big Eyes Coin platform limits its energy consumption by building on the Ethereum blockchain, the Big Eyes team also works closely with numerous charities. Most charities Big Eyes Coin is involved with are linked to ocean conservation efforts. However, Big Eyes Coin has also donated a significant amount of funds to charities focusing on the welfare of children and other vulnerable animals.
Big Eyes Coin has pledged 5% of its tokens to a charity wallet to fund its charitable activities. The Big Eyes team will also release an NFT collection that is expected to reach the top ten projects. Tax fees for NFT purchases will amount to 10%, with 1% of the fee going directly to the charity wallet!
Solana Is Back On The Right Track
Solana was the victim of a vicious hack in 2022 which saw $8 million drained from 8,000 wallets on the Solana network. While this impacted the whole of the Solana community, the network has started to rebuild the trust of its users.
It is no surprise that Solana is performing well. The platform has produced a sustainable ecosystem, achieving carbon neutrality in 2021 through the Solana Foundation’s investment in refrigerant destruction.
As mentioned above, Solana is performing well. The crypto giant has increased its market capitalisation by 6.33% in the past twenty-four hours at the time of writing. This trend is a testament to Solana’s dominance in the crypto market thus far.
Decentraland Surges 18%
When examining the Decentraland ecosystem, you can see its commitment to making a vibrant platform for its users. The community-centric platform hosts a DAO, allowing MANA holders to make important decisions concerning the future of the platform.
Decentraland hosts one of the most lucrative NFT marketplaces in the crypto market. The marketplace contains multiple NFT collections users can customise their avatars with or purchase land in the Metaverse.
Like Solana, Decentraland has entered a positive trend through Q1 of 2023. The platform has increased its market capitalisation by 18.47% in the past seven days at the time of writing. Is this the start of the comeback of P2E platforms? All signs point to yes.
Solana and Decentraland are back on the right track as they are experiencing positive trends through Q1 of 2023. The two platforms have seen unparalleled success throughout their history, specialising in different sectors of the crypto market.
Big Eyes Coin looks to mirror the success of Solana and Decentraland, hosting one of the most eclectic presales in the past few years. Big Eyes Coin has raised $21.5 million at the time of writing and offers 200% bonus tokens if you purchase with the ‘LAUNCHBIGEYES200’ code at the checkout. Hurry before the code expires on the 3rd of February!
For more information on Big Eyes Coin (BIG), please visit the following links:
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