Crypto traders must regularly ponder the assets to purchase in a vast ecosystem. Numerous alternatives exist, and every project may seem the next best thing. But the coin market is a harsh ecosystem. You’ll have to contend with volatility while avoiding malicious projects from greedy developers. That’s why you need all the help you can get. Well-researched information can kick you in the right direction.
Are you looking for reliable projects to buy and hold on the coin market? You’re at the right place. This piece will review the features of Ethereum, Binance coin, and Big Eyes Coin . You’ll learn what makes them stand out from other alternatives.
Is Ethereum (ETH) the Best Blockchain on the Crypto Market
Not many projects can boast of longevity like Ethereum. This crypto token is the second largest on the coin market and has been around for up to a decade. Ethereum attained its current heights as the pioneer of the DeFi sector. Ethereum was the first blockchain to support smart contract creation. Long after, developers realized they could host decentralized apps on these smart contracts. To date, Ethereum has the largest number of decentralized applications.
Ethereum’s blockchain has one major downside - its speed. The project’s inability to process thousands of transactions per second has hindered its growth. Rather than design any Ethereum blockchain, the development team has identified a better solution - layer-2 protocols. By relying on layer-2 blockchains, Ethereum will have the capacity to process more transactions. As more layer-2s are added, the speed of Ethereum’s main chain will increase exponentially. There are already three successful layer-2 integrations; Polygon, Optimism, and Arbitrum.
Explore The Crypto World with Binance Coin (BNB)
Binance coin is less than a decade old but has survived on the coin market longer than most projects. What’s more? It has stayed at the top of the coin market since its launch. There’s still plenty of potential for Binance coin to explore.
Binance coin, also called BNB, is the cryptocurrency that powers the Binance exchange. Binance is one of the largest centralized exchanges worldwide, with millions of users. BNB is charged on the transactions processed via this platform. This means there’s a constant demand for the token. It’s more than you can say for many other crypto tokens.
The constant demand for BNB to pay gas fees positively impacts the project’s price. That’s why it has survived and recovered from several bear seasons. If coin market history is anything to go by, it will come out swinging of the current horrendous bear dip.
Binance coin is one of the few crypto projects with its blockchain. Previously powered by Ethereum, BNB now runs on the Binance Smart Chain.
Big Eyes Coin (BIG) The Purrr-fect Meme Coin
Big Eyes Coin is a meme coin, but don’t let that fool you. Big Eyes Coin has set out to break the dominance of dog-themed coins on the coin market. Opting for a cat-themed design, it’s clear that Big Eyes Coin developers want to make a statement. This attractive feline approach allows Big Eyes to stand out from other coin market alternatives.
Graphics aren’t the only exciting features that Big Eyes Coin has. This coin also has a max supply of 200 billion tokens. Its developers want to use the total token supply to create an inclusive community. They will also dedicate 5% of the total supply to charitable donations. Big Eyes Coin has proven its popularity. It had a successful presale.
Big Eyes Coin developers raised about $31m. This is evidence of how much traction this meme coin has gained over a short period. Unlike other meme tokens, Big Eyes Coin will add a token exchange to its ecosystem. This project also enjoys the solid infrastructure of Ethereum’s blockchain.
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