Coin launches over the years have ushered tokens that emerged as favorites of the crypto traders and holders at the time. Now, we have Big Eyes Coin (BIG), a new Ethereum-based memecoin project, looking to gather a massive community with plans to attain top ranks in the cryptocurrency market charts. This article will review how the new coin stands against old favorites, Cardano (ADA) and Chainlink (LINK).
Cardano (ADA): Next Generation Blockchain
When overcrowded servers and congested networks plagued several blockchains, many users directly sought a blockchain solution for faster transaction processing and lesser gas fees. Cardano (ADA) resolved this in 2017 with its hybrid protocol and novel blockchain model and became a top choice among users in the crypto space.
The leading innovative solution Cardano (ADA) gave the market was its blockchain arrangement, which made for faster transactions and a less loaded network. The blockchain has two layers; a settlement layer, where wallets and ledgers are compiled and ‘settled,’ and a computing layer, which handles the execution of user transactions.
Cardano’s network runs on Ouroboros, a Proof-of-Stake (PosS) protocol ensuring the energy spent to process and store transactions is minimal. This enables the platform to run faster while charging lesser transaction fees.
The native token, ADA, sells for $0.40, according to CoinMarketCap.
Chainlink (LINK): Platform On The Ethereum Blockchain
Chainlink (LINK) is another blockchain solution existing on the Ethereum network that seeks to harmonize financial services globally. The network uses oracles to transfer data from external sources, like banks and payment systems, to on-chain smart contracts. Smart contracts bring about the automation of financial transactions, which drastically improves the quality of such services worldwide.
Chainlink (LINK) bridges external financial institutions with decentralized finance, allowing conventional financial institutions access to the benefits of smart contracts. The network accesses Application Interfaces–verified sources of data–through middleware called oracles. The oracles translate the data to the smart contracts on the blockchain and back to the APIs. The emphasis is on ensuring the oracles are tamper-proof to protect the data from being compromised.
The platform’s native token, LINK, applies to various use cases. It serves as a governance token, is used for gas fee payment, and is staked by members to receive rewards. LINK is available on CoinMarketCap for $7.31.
Big Eyes Coin (BIG): NFTs, DeFi and More
Big Eyes Coin (BIG) is a memecoin with huge prospects and a massive following. The presale, which started in early September, has generated over $7.3 million and will be rounding up soon, as it’s already in its fifth stage. As for prospects, here are some of the key attributes of the Big Eyes Coin project.
The Big Eyes Coin (BIG) development team plans to launch an NFT marketplace, Sushi Crew, which will feature tokens minted by the developers for sale while allowing users to mint and manage theirs on the platform. NFT transactions will attract zero charges, which is the developers’ move to eliminate high gas fees associated with the Ethereum blockchain.
Big Eyes Coin (BIG) is committed to its community, as the developers released about 70% of the tokens for the presale event. An ongoing giveaway contest is where ten lucky winners will be rewarded with BIG tokens from a draw. Eligible members will be holding BIG coins by the draw date, and in mid-December, the developers will announce the winners.
On top of that, Big Eyes Coin (BIG) is also interested in ensuring the environment’s safety, particularly the oceans. The developers have set up a wallet with some 5% of the initial token supply, from which they will be making periodic contributions to several charities involved in saving ocean marine life.
The Big Eyes Coin (BIG) community can also anticipate launches on major DEXs, which will help the project achieve more popularity with a larger audience. The developers are working on an initial launch with UNISWAP, which will significantly boost the token’s cryptocurrency price.
Here’s a chance to be a part of the next crypto favorite as the presale nears completion. Here is a free promo code CUTE1674 to get your coins, and don’t forget to hold them for the giveaway draw!
Big Eyes Coin (BIG)
This news is republished from another source. You can check the original article here