Cryptocurrencies began as a way to take financial power away from centralized systems like banks and other institutions and give that power back to the people. The launch of Bitcoin (BTC) started a true revolution. A lot has changed within finance since then, and now the masses have control over their currency and don’t have to depend on these financial institutions. Solana (SOL) and Dai (DAI) have built strong followings within the crypto industry because of all they have to offer, but Big Eyes Coin (BIG), a new meme coin, is set to outperform them with all it has to offer.
What is the Fuss about Big Eyes Coin (BIG)?
Big Eyes Coin (BIG) is a community-based meme coin currently in stage 5 of its presale. The new crypto has become so popular within the crypto industry, especially as it has raised a whopping $6.85 million and has yet to launch. Big Eyes Coin (BIG) was created with many big goals. The primary one is to build a strong Decentralized Finance (DeFi) ecosystem and reward users with the profit it brings into this ecosystem. Big Eyes Coin (BIG) also wants to join the effort to protect the oceans and the life within them, and multiple donations will be given to organizations and charities that support this cause.
Big Eyes Coin (BIG) is one of the most talked about cryptocurrencies on the internet. It wants to speed up cryptocurrency adoption. All features and systems within the Big Eyes Coin ecosystem have been designed to streamline crypto trading. Users will also be provided with tutorials and guides to speed up familiarization.
With Time, Solana (SOL) Could Become the Next Ethereum (ETH)
SOL is the native coin that powers the Solana blockchain, and it was built to improve the accessibility of blockchain technology and cryptocurrencies. To achieve this, Solana’s open-source blockchain aims to solve the problems of scalability, security, and decentralization using its Solana (SOL) tokens. These tokens are used to perform transactions, mint Non-Fungible Tokens (NFTs), run Decentralized Applications (dApps), and participate in governance voting on the blockchain. Because Solana (SOL) tokens can be used to mint NFTs and its blockchain supports smart contracts, it has joined the list of “Ethereum Killers” who the crypto industry feel can take Ethereum’s (ETH) place. However, it stands out in this group because of its low transaction costs and very fast transactions, making it a favorite among crypto traders.
Dai (DAI): Blockchain Loans Done Right
Dai (DAI) is a stablecoin released in 2017. MakerDAO, a Decentralized Autonomous Organization, runs it. Many veteran cryptocurrency users believe Dai (DAI) to be the first DeFi stablecoin to experience widespread popularity. By October 2022, Dai (DAI) was the second-largest stablecoin in the crypto industry.
As a stablecoin, the Dai (DAI) value is pegged to a reference asset. In this case, it uses the US dollar. The MakerDAO protocol allows interested users to lock their cryptocurrencies in smart contracts and mint Dai (DAI) as a loan. These cryptocurrencies locked by users serve as collateral, and when the loan is paid back, these are returned, and Dai (DAI) is burned. The Dai (DAI) loan interest rate is set by governance voting on the MakerDAO.
To find out more about Big Eyes Coin (BIG), follow the links below:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
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