Will Solana, Cardano And Big Eyes Coin Become Good Investments For 2023

It has already been an interesting start to the year for the crypto market. Initially seeming to be building towards an exceptional comeback after a tumultuous 2022, it looks like things have already peaked and are beginning to stagnate again. The top-ranking cryptocurrencies took a hit after certain announcements in the news, with Bitcoin (BTC) taking the brunt of the controversy. Ethereum (ETH) has been having a better time than its biggest contemporary, which is now bringing eyes onto its alternatives to see how they are being affected in comparison. Solana (SOL) and Cardano (ADA) are two of Ethereum’s biggest direct competitors, so the topic of them still being good investments in the face of their pioneer’s consistency is interesting. Also, a new token project is making strides despite the fluctuation of the market.

Two Rivals in The Same Position

Solana and Cardano both have more in common than their current situation, rather than being tokens, they are both decentralised blockchain platforms that host tokens on their networks. Taking direct inspiration from Ethereum, they both experienced exceptional growth in 2021 - the majority of the market did. Despite Ethereum being the biggest network of its kind, there were enough spaces open at the table for its rivals to sit at, most likely due to the improvements they made or unique functionalities that allowed them to stand out. At the height of its success, Solana had a price surge of 12000% and was ranked within the top 5 of all cryptocurrencies by market cap. Meanwhile, Cardano had a cap of $77 billion and was ranked just above Solana at 4. A lot has changed since then, with them now being ranked at 11 and 8, respectively. Practically remaining within the top 10, with Solana sitting right outside, is an example of their overall success despite the losses.

This is relevant because they are both currently in a difficult position at the moment. With the market as a whole being on the decline, attempting to rally and make a comeback, they have also suffered during this. Solana’s SOL has stagnated by 14% in a week, with a cap of $7 billion, a shadow of its peak of $66 billion 2 years prior. Meanwhile, Cardano’s native token ADA has fallen by 8% in the same space of time, creating a bearish atmosphere for both tokens. The fact that they have already managed to survive bigger drops than this should be driving a bullish outlook though. With the current dip, Solana should soon experience a large spike after investors start buying it at its now more affordable price. Meanwhile, Cardano is due for a huge update to its network that is highly anticipated by its community which should bring new interest to it as well as improve the confidence of its current uses. Despite how things are currently going, things look good for the near future for both networks and their respective tokens.

Not Just Another Meme Coin

Unlike these seasoned veterans of the market, Big Eyes Coin (BIG) is yet to officially launch. That said, it’s already doing big things and making a name for itself. The cat-themed meme coin, following in the footsteps of big names like Dogecoin (DOGE) and Shiba Inu (SHIB), seems like it could become the next big thing after raising a whopping 25.7 million at the halfway point of its presale alone. Many things about Big Eyes make it both a lucrative and respectable investment for the year coming, from its releasing 70% of the overall token supply to the public on release to its philanthropic goals of helping preserve the ocean. As a whole, it is an 80% release, with 5% of that being for the exchanges and the remaining 5% held in a charity wallet to be donated later on to charities with that mission in mind. Keeping with the trends of meme coins, Big Eyes will also release an NFT collection with a 10% tax. 4% given to the sellers and 5% given to the holders. This doesn’t even begin to scratch the surface of the four-stage plan of action the developers have laid out, showing the growing community that they have long-term plans for the future, even beyond 2023. The biggest thing about the project right now is that buyers can start to benefit from it already when using the code LAUNCHBIGEYES200, giving users a 200% bonus on purchases when applied.

is a lot of change going on in the market right now, but there always has been. This is the nature of crypto and investing in general, which to many is what makes it so exciting. Whether you’re looking for a high stake gamble or a solid investment that is guaranteed to passively create profit for you, there is something for everyone. All three of these projects have the potential to do big things this year, so with it still being early on - now is the best time to get involved.

Big Eyes Coin (BIG)

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Twitter: https://twitter.com/BigEyesCoin