Big Eyes (BIG) is already contending with existing coins, and it’s no surprise that experts in the industry back the token up to dominate the cryptocurrency market after launch. As the presale reaches its $3 million milestone, we will review some top guns in the crypto space–Ethereum (ETH) and Solana (SOL)–and how Big Eyes fares against them.
Ethereum (ETH) The Second Largest Crypto
Vitalik Buterin, a 19-year-old programmer, proposed a whitepaper in 2013, introducing a highly flexible network. The project generated about $18 million from presales the following year, and the final version, Ethereum (ETH), was released in July 2015.
Ethereum (ETH) is a decentralized network home to several Decentralized Finance (DeFi) tools for both users and developers. Anyone can launch tokens on the network, and practically anything runs on the platform, from games to DApps and tokens.
Ethereum’s key feature is its smart contracts, through which transactions between users are verified and executed. The smart contracts dictate the terms for the exchange, and when those terms are met, they perform the transaction immediately.
Since its launch, Ethereum (ETH) has been a dominant figure in the cryptocurrency market, creating opportunities for a diverse group of people to access the benefits of DeFi, by extension, popularizing crypto use globally. Its developers recently made an upgrade that saw the network shift from a proof of work to a proof of stake protocol. This shift is expected to significantly improve user experience in terms of lower network charges and fast transaction execution.
Ethereum (ETH) sells for about $1, 292.14, according to CoinMarketCap.
Solana (SOL) The Decentralized Network
Like Ethereum, Solana (SOL) is a decentralized network for trading and exchanging tokens. It is established on a distinct blockchain, which boasts a proof of history protocol that allows the network to process numerous transactions simultaneously. Also, users often prefer it to Ethereum because of its low gas fees.
Solana (SOL) was released in 2018 and has since proven to be an excellent fit where other top crypto networks are lacking. SOL is the native token of the network and is used for paying the gas fees as well as for voting in future upgrades. Besides its fast transaction execution and low network fees, Solana supports a variety of decentralized assets like tokens, NFTs, and DApps.
Solana (SOL) is ranked as the 7th most popular cryptocurrency, depicting its relevance in the industry. It sells for $31.61, according to CoinGecko, which is consistent with the bearish trends in the cryptocurrency market.
Big Eyes (BIG) The New Meme Coin
The Big Eyes (BIG) project presents a memecoin designed to dominate the cryptocurrency market in a short while. Its presale is already in the second phase, and it has raised an impressive $3 million in about two weeks. According to the whitepaper, the prelaunch stages feature many protocol additions that will bring more users to the platform in no time; here’s why.
First, Big Eyes (BIG) hopes to be a sustainable project. The developers understand the importance of an active community and have indicated that the community will be top among the beneficiaries of the platform’s features. This is evident as they announced that about 70% of the 200 billion tokens would be available for presales, thus placing most of the tokens in the community’s hands.
NFTs have become quite popular and are a faster means of getting users to the platform. An NFT market will encourage the use of the BIG tokens, which will increase its demand and cryptocurrency price. The developers have scheduled an NFT club launch for phase three of the prelaunch stages, following a release of snippets for the community.
Another big news for the Big Eyes (BIG) community is that the token will soon be listed on several exchange platforms. The developers are working on getting it on UNISWAP first, then others will follow. Having the token listed on exchange platforms will help boost its value considerably.
So hurry to the presale to join the next big crypto project.
Big Eyes Coin (BIG)
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