While the crypto collapse keeps raging in the markets, traders are optimistic that the bearish trend won’t continue for much longer. Analysts suggest the new year will come with improvements to the current token prices, as the coin values keep dropping weekly. Here’s a review on Dogecoin (DOGE), Tezos (XTZ), and Big Eyes Coin (BIG), which are expected to boom during the bull run in 2023.
Dogecoin (DOGE)
Dogecoin (DOGE) was the first memecoin launched into the cryptocurrency market. The token sought to inject some humor into the otherwise tense cryptocurrency market. The developers, Billy Markus and Jackson Palmer revealed later that they were only seeking to make a joke out of the existing tokens at the time.
Contrary to expectations, Dogecoin (DOGE) has consistently been a top-ranking token on crypto charts. Despite its low price per token, the platform is top-rated among users, as everyone needs a laugh from time to time.
The Dogecoin (DOGE) platform runs on a proof of work protocol, similar to the Bitcoin protocol, where users mine DOGE to earn rewards. However, mining is only profitable when users perform it with specialized computers like ASICs.
Dogecoin (DOGE) attained its highest valuation in 2021 when Elon Musk made a public statement to endorse the platform as a choice for future world trading. The announcement saw Dogecoin (DOGE) reach an 80-billion-dollar high, as several celebrities moved with the trend to invest in Dogecoin massively.
Dogecoin (DOGE) is expected to rise in 2023 with the bull run. Currently, the token sells for about $0.08 on CoinMarketCap.
Tezos (XTZ)
Tezos (XTZ) is one of the most versatile tokens in the cryptocurrency market, as it supports a wide range of DeFi tools and Web3 solutions designed to enhance the user experience on the platform. Moreover, developers can add valuable apps to the protocol according to their discretion to provide more value to the users.
Tezos (XTZ) has a self-amending proof of stake protocol. The protocol is self-amending because it constantly evolves with changes to the original protocol code. The constant evolution ensures that the platform doesn’t develop a hard fork due to the protocol changes.
The Tezos (XTZ) platform is widely known for its secure and speedy transactions, mainly due to its smart contracts and proof of stake protocol. The network also offers users value in games and NFTs, where the developers have reimagined blockchain games from the existing ones to create a fantastic user experience. Also, NFT creators and collectors have an avenue to tokenize their favorite moments and digital media. The most popular NFT collections are those based on music, art, books, and Formula One.
Tezos’ official token is the TXZ, which is used for baking the platform and voting on the platform’s future. The token is available on CoinMarketCap for $1.05.
Big Eyes Coin (BIG)
Big Eyes (BIG) is the latest token launch anticipated on the cryptocurrency market. The token is in its sixth pre-launch stage, and users are still flooding the platform to get their tokens at the presale price.
Big Eyes’ (BIG) developers have announced they will give out 250,000 tokens in a contest for the Big Eyes (BIG) community. The giveaway contest is open for all members who bought BIG tokens by the draw date. Ten winners will be selected and announced by mid-December, where the first place gets 100,000 of the reward pool.
Apart from the giveaway, the platform will soon host an NFT club, Sushi Crew, enabling users to create, sell, or exchange their NFT assets with others on the network. The developers have also prepared some tokens for distribution to members at discounted prices to encourage participation in the NFT marketplace. An essential bonus of the NFT club is that Sushi Crew won’t be charging network fees for NFT trade. Hence, users can complete as many transactions as they want without getting arrested. This move by the developers is to reduce the high gas fees often associated with trading on the Ethereum blockchain.
For more exclusive info and promo codes check out this video:
The Big Eyes Coin (BIG) presale is still on, so what are you waiting for? Click here to join the presale event and stay up-to-date with feeds from the developers.
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Big Eyes Coin (BIG)
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL