The Pros and Cons of Investing in Big Eyes Coin, Ethereum, and Verge

Investing in cryptocurrencies is all about making the right decisions after sheer market research and technical analysis. The arrival of new cryptocurrencies like Big Eyes Coin (BIG) fills the crypto market with multiple investment options for stakeholders. The consistent supply of innovative cryptocurrencies has largely contributed to its constant rise in popularity worldwide. Multiple investment options allow traders to manage their portfolios and work their way up to higher returns on investments.

Big Eyes Coin, Selling Fast

Big Eyes Coin is a relatively new player in the crypto industry but it has already attracted attention across its presale. The cat-themed meme coin has raised above $25.97 million in its pre-launch phase and the momentum continues, which means that traders who are yet to join the bandwagon still have little time left to be part of the procession. The presales phase is only less than a week from its end but you can still use the promotional code LAUNCHBIGEYES200 to get a gigantic 200% bonus.

Let’s compare the pros and cons of investing in Big Eyes Coin, Ethereum (ETHER), and Verge (XVG), which will help you make an informed investment decision.

Big Eyes Coin

Big Eyes Coin is yet to be formally introduced. As mentioned above, its presale numbers are more than impressive. It operates on a decentralized network, which lets its users go about their investments and transactions without being regulated by a government or a financial central authority.

Advantages

1. The decentralized nature of Big Eyes Coin makes it a secure and transparent investment option for transferring funds.
2. One of its top features is its relatively low market cap, especially compared to other cryptocurrencies like Bitcoin and Ethereum. That’s why there is a lot of room for growth in BIG, and investors who manage to get in early could potentially see significant returns in the future.
3. Big Eyes Coin offers a lot faster transaction speed than the industry leaders or traditional transaction options.
4. The cost of transactions is on the lower side with Big Eyes Coin when compared with most of the other cryptocurrency options.
5. As a Big Eyes Coin user, you can join an exclusive NFT Sushi Club, a future store, which can be used for bagging community rewards.
6. If you are someone who supports climate change initiatives, Big Eyes Coin is your perfect partner. The cat-themed meme coin is committed to the cause of preserving the ocean’s ecosystem. For that, the meme coin will store 5% of all tokens in a charity wallet.

Disadvantages

1. As we know, Big Eyes Coin is still in its pre-launch phase, which means it doesn’t have widespread adoption and recognition.
2. The low adoption might make it difficult for users to buy and sell BIG because many exchanges and wallets are yet to partner with it.

Ethereum Errupting

Ethereum (ETH) is a decentralized platform that allows developers to build decentralized applications. It is the second largest cryptocurrency after Bitcoin ($443.7 million) with a market capitalization worth $200.7 million.

Advantages

1. A strong track record and reputation always help a top cryptocurrency like Ethereum to gain more customers.
2. Its massive market capitalization makes it a trusted cryptocurrency among the crypto trader community.
3. Ethereum allows developers to build decentralized applications on its platform.

Disadvantages

1. Despite its popularity and reputation, Ethereum’s high cost is one of its biggest disadvantages.
2. Users must spend a larger sum to see significant returns with Ethereum.
3. Since Ethereum is a platform for decentralized applications, there is always the risk of a new platform emerging with features like better security and more efficiency.

Verge

Verge first came to the fore under the name of DogeCoinDark in 2014. It was later rebranded to Verge in 2016. It is a decentralized open-source cryptocurrency that was designed to provide fast and secure transactions.

Advantages

1. Verge uses advanced privacy technologies to ensure that untraceable and anonymous transactions.
2. A unique blockchain technology “Simple Payment Verification” allows Verge in ensuring lightning-fast transaction times.
3. Verge has an active and dedicated community that has been instrumental in its growth and development over the years.
4. Verge offers its users a wide range of payment options, such as online purchases, micropayments, and donations.

Disadvantages

1. Despite being around for many years, Verge is far from widespread adoption and is considered more of a niche cryptocurrency.
2. Verge can be subject to high levels of volatility, which makes it difficult to predict its value over time.
3. While Verge can be used for a wide range of payment options, it is still relatively limited in terms of merchant acceptance.
4. Verge’s privacy technologies are advanced, but some users have raised concerns about getting exploited by hackers or other malicious actors.

Cryptocurrency investment is not for everyone. It comes with its fair share of ‘high-risk, high-reward’ option. Talking about Big Eyes Coin, Ethereum, and Verge, they all come with their own sets of advantages and disadvantages.

Your particular needs should shape your investment decision. If you are someone who is seeking a cryptocurrency with growth potential and security-centric features, then both Big Eyes Coin and Verge could be your best options. If you’re someone who values a track record, Ethereum is the way to go.

Find Out More About Big Eyes Coin (BIG):

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.