Crypto-enthusiast or not, most of you will have heard of the giants that are Bitcoin (BTC) and Ethereum (ETH)… but every legend has its beginning, is Big Eyes Coin (BIG) the next household name? Both Bitcoin and Ethereum have been around for more than a decade and have seen significant growth and development during that time. When comparing features, advantages, and potential future developments of these coins, Big Eyes Coin, a recent entry, appears to have what it takes to compete with the old classics as a big crypto player.
Big Eyes Coin - On Its Way to The Top
Big Eyes Coin is a cat-themed meme coin on the Ethereum network that has raised $17.5 million so far in its presale and is almost set to go live. This much-awaited meme coin has exciting plans in the works as well as attractive offers and an impressive charity wallet.
The project uses the built-in DeFi functionalities offered by Ethereum to both create value for its users, and provide them with useful services. The new token will also profit from the dominance of meme coins’ social media presence and the attraction of its Sushi Crew NFTs. Combining these traits will give users opportunities for growth and financial success.
With new promotions like LAUNCHBIGEYES200 which gives buyers an additional 200% bonus on their tokens, hype and buzz surrounding the new coin is growing exponentially. The project is using this to support ocean charities like Seasheperd, as 5% of the total supply is being reserved for donations to several ocean-saving organisations.
An eco-friendly coin with fantastic offers is surely the making of the next crypto giant. Ethereum and Bitcoin demonstrate that it is beneficial to invest at an early stage, and Big Eyes Coin presale is the perfect opportunity.
Ethereum - The Household Name
Ethereum has been a big name in the crypto sphere since its introduction, continuously placing among the top three virtual currencies by market capitalisation, with a current value of $199,311,738,022. Its two most popular features are smart contracts and decentralised applications, and with improvements like the networks switch from Proof of Work to Proof of Stake, its place in the market will likely be strengthened as the year goes on. However, the network has faced criticism as users experience high transaction costs and sluggish confirmation, potentially slowing down the giant’s success and making way for new coins like Big Eyes Coin.
Bitcoin - The First of its Kind
The first cryptocurrency to be created was Bitcoin (BTC), which was introduced in 2009 as a Proof of Work mechanism, and without a doubt, it is a legend in the crypto sphere. Naturally, its worth has grown as a result of its popularity. In May 2016, Bitcoin cost around $500, and it is currently trading at $22,758.97! Bitcoin has gone through many ups and downs over its history, but it has shown amazing resistance. Despite losing 65% of its market value over the previous year, the token has significantly increased this month, rising 38%.
That said, there are three major criticisms of the coin, its scalability, energy consumption and privacy. Its scalability comes into question as Bitcoin is unable to handle a high number of transactions as these are limited by the block size. Bitcoin mining, the process by which new Bitcoins are created and transactions are confirmed, requires a significant amount of energy and has led to environmental impact concerns. Lastly, a lack of privacy on the public ledger makes the coin less popular with those who want anonymity.
Whilst the big names of Ethereum and Bitcoin have historically excelled in the crypto industry, there are some concerns that their time in the sun is coming to an end. Both networks have well-known limitations and the projects may not be adapting fast enough. Big Eyes Coin, on the other hand, seems to be having a rapid rise to success and investors are keen to get in whilst the price is still low. To join this giant-in-the-making, use the code LAUNCHBIGEYES200 to get a 200% bonus.