Let’s dig into the real issues within fiat currencies, and how the limited supply of cryptocurrencies like Bitcoin (BTC), Cardano (ADA), and Big Eyes Coin (BIG) are winning over investors around the world.
The issue with fiat currencies has been clearly witnessed in several countries across the globe, including Venezuela, Iran, Zimbabwe, and recently in the United Kingdom. These countries have experienced varying levels of hyperinflation and other macro effects in the last 30 years. All of which have contributed to their respective currencies falling.
Countries and individuals have usually turned to the dollar $ in times of inflation as a strong currency that will provide a higher level of asset security and lower risk of inflation.
However, even the dollar is not immune to macroeconomic effects, and the limited supply of cryptocurrencies Bitcoin (BTC), Cardano (ADA), and Big Eyes Coin (BIG) are becoming increasingly useful as secure means to hedge against inflation and macro effects.
So what is Bitcoin?
Bitcoin was created to circumvent the issues within fiat currencies in 2009. It achieves this by leveraging blockchain technology, a decentralised ledger system using the proof-of-work (PoW) mining method to create new blocks on the blockchain.
Why is it such a popular investment over fiat currencies?
Bitcoin is the largest cryptocurrency in the world by market capitalisation; this was down to its huge success and widespread adoption within private and public sectors. Despite Bitcoin’s success, it has had a turbulent history, with peaks and troughs akin to the stock market. However, this cryptocurrency has maintained its upward momentum, interest, and position at the top of the crypto rankings.
Bitcoin is a popular investment because it guarantees a price rise for every investor. This is because it is a limited-supply cryptocurrency with a maximum supply of 21 million.
This limit was initially designed to mimic the amount of gold and create a digital gold which will stand the test of time. Indeed experts are now saying that Bitcoin is a more lucrative investment than gold.
What is Cardano?
Cardano refers to a blockchain platform launched in 2017 by Charles Hoskinson. The native currency for this decentralised application development platform is “ADA”. Which is the token with which you can enter the platform and create new blocks through the Ouroboros proof-of-stake (PoS) consensus.
Why is it such a popular investment over fiat currencies?
Like Bitcoin, Cardano is a limited-supply cryptocurrency with a total supply limit of 45 billion ADA. This means that it, too, will guarantee investors’ returns in the future as the number of coins is limited. The same cannot be said for fiat currencies, which do not have a finite supply and, as mentioned above, are at the mercy of macroeconomic and political effects.
The finite nature of this coin, coupled with its sustainable directives, means that a price surge is on the horizon.
When Cardano was launched, it was priced at $0.0024, representing a 1000x increase as it is currently priced at $0.361, according to CoinMarketCap. With an all-time high of $3.10, experts predict it will rise to a maximum of $5.74 by the end of 2030.
What is Big Eyes Coin?
Big Eyes Coin (BIG) is a new meme coin designed to create wealth for its community, move wealth into the Defi, and protect a vital part of our ecosystem, the oceans and marine life. Big Eyes Coin (BIG) is currently gaining momentum in its presale stages, with a huge $8.8 million raised so far. This cat-themed coin is making a lot of waves as it races towards presale completion.
Like Bitcoin and Cardano, Big Eyes tokens BIG also have a finite supply of 200,000,000,000 BIG. This will ensure investors’ returns in the long run, especially investors who are able to snap up the presale bargains in time.
Why are Big Eyes Coin attracting so many investors over traditional options?
Investors are considering cryptocurrencies like Big Eyes over other investments like stocks because of Big Eye’s ability to ensure returns on their investment in the coming years. It’s poised to protect assets against inflation and create wealth. Especially when you take into account Big Eyes meme momentum which will ensure it becomes a global success.
Final Thoughts
Although we cannot know which countries and individuals are now securing their asset’s future in cryptocurrencies, we do know that it is happening as people lose faith in fiat currencies and the crypto market expands. Therefore, it seems likely that cryptocurrencies like Big Eyes, Cardano, and Bitcoin will become increasingly popular as they continue to secure investments against macroeconomic effects.
When you are buying BIG tokens use this PROMO CODE to get more: BEYES580
For more information on Big Eyes Coin (BIG), please visit the following links:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
