The Ethereum blockchain is arguably the most popular blockchain for building dApps and smart contracts. For these reasons and others, Ethereum is considered one of the most popular crypto platforms for investors. Recently, in a comedic turn of events, Donald Trump has been found to be holding up to $5000 in $ETH.
After vehemently dismissing crypto in the past, the former U.S. president seems to have come around on the subject. What does this mean for crypto? Join us as we discuss what this means for the Ethereum price and popular projects like Solana and the Big Eyes Infinity (BIGINF) presale.
Donald Trump’s $500K In ETH, How Will This Affect The Ethereum Price?
The Office of Government Ethics has recently released a document listing former president Trump’s assets and income sources. Interestingly, this document lists among its items a cryptocurrency wallet holding between $250K to $500K in $ETH. This wallet seems to be connected to the line of NFTs that Trump released in December 2022 as part of Trump’s campaign to return to the White House in 2024.
Crypto prices are easily affected by celebrity associations; just look at Dogecoin and Elon Musk. So, will this affect the Ethereum price? It’s very possible that some outsiders will be swayed to invest in Ethereum because of this news. However, Ethereum is already an established platform with a strong community and solid infrastructure. So, ultimately, this may not end up affecting it very deeply.
Although it may affect other projects on the Ethereum blockchain, like Big Eyes Infinity. This nascent meme coin is an ERC-20 token available for presale right now. The Big Eyes Infinity presale is here to walk in the shoes of the Cat Crew’s previous presale, Big Eyes Coin. $BIG was released to the public on July 3rd after raising over $27 million. However, it faced some issues with claiming tokens and a bot attack creating fake selling pressure, so the Big Eyes Infinity presale was started to respond to these issues. It is also meant to give those who missed out on Big Eyes Coin’s presale a second chance to invest.
How Ethereum And Solana Address Network Congestion
Ethereum and Solana differ in their solutions for consensus mechanisms, transaction speeds, and network congestion. Ethereum’s transition to Proof of Stake aims to improve scalability and reduce energy consumption. However, it still grapples with network congestion during peak demand, leading to slower transactions and higher fees.
On the other hand, Solana’s innovative combination of Proof of History and Proof of Stake allows for high throughput and low latency, minimizing congestion and ensuring faster transaction processing. The choice between the two platforms depends on factors like speed and scalability.
As an ERC-20 token, $BIGINF uses Proof-of-Stake. However, its true potential lies in its P2E applications. With the upcoming release of the P2E games platform, Big Eyes Infinity tokens will be more important than ever.
What Does This Mean For The Big Eyes Infinity Presale?
The objective of this presale is to contribute to the community that may have missed out on benefiting from the $BIG presale. Big Eyes Infinity ($BIGINF) is dedicated to the Cat Crew and endeavors to forge a brighter future by drawing wisdom from past experiences.
As a result, all $BIGINF tokens will be distributed via an airdrop to holders upon launch, eliminating the need for a claiming procedure. The launch of $BIGINF will take place directly on a DEX exchange, optimizing potential gains for the community.
One thing is sure, though: the Big Eyes Infinity presale is unmissable. Take advantage of the presale and buy $BIGINF now to maximize your potential profits in the future. Because when the P2E platform launches, $BIGINF will be your doorway to infinity.
Learn More About Big Eyes Infinity (BIGINF):
Presale: https://buy1.bigeyes.space/
Website: https://bigeyes.space/
Telegram: Contact@BIGEYESOFFICIAL
Twitter: https://twitter.com/BigEyesCoin
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