Big Eyes Coin Aims to Explode Over 1000x in Value While Ripple's XRP Price Staggers
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Since their inception with Bitcoin (BTC), cryptocurrencies have played a crucial role in the global economy and have only proceeded to expand and find widespread use. Numerous cryptocurrencies have been developed to provide various services and remedies to societal and global economic problems.
One of these cryptocurrencies, called Ripple (XRP), was developed to offer options for rewarding users and buyers in the neighbourhood. There will always be something greater than the former, even though Ripple (XRP) provides a ton of features needed for rewards and more, the Big Eyes Coin (BIG) is sure to provide more sophisticated capabilities for reward and transactional operations in the cryptocurrency market.
Overview of Ripple (XRP)
The Ripple network launched in 2012 and the goal was to compete with classic banking systems and institutions using the Ripple (XRP) cryptocurrency. One of the main goals of XRP is to build a network that can handle an insane number of transactions at very high speeds. The idea was to build a network with a cryptocurrency that would be more sustainable than Bitcoin (BTC). This idea was conceived by Jed McCaleb and with the help of David Schwartz and Arthur Britto, Ripple (XRP) was created.
XRP Price Trend
XRP launched at USD 0.01. By September of the next year, it had gone up to USD 0.014 which was the highest since its launch. However, XRP started 2017 in a bad position with a price of USD 0.006 but by April of 2017, its market cap crossed USD 1 billion. By the end of 2017, its price had exceeded USD 1. In January of 2018, XRP hit an all-time high of USD 3.84.
For a brief moment, it was the second biggest cryptocurrency by market cap but the market crash in 2018 brought it back down to USD 0.25 and although its price exploded again in 2021, Ripple (XRP) is yet to reach the heights it attained at the beginning of 2018. As of early August 2022, Ripple (XRP) traded at USD 0.340348, and as of late August, it ranked as the seventh top cryptocurrency with a live market cap of USD 16,859,891,361 according to CoinMarketCap.
XRP Price Predictions
Crypto analysts expect XRP to trade at an average price of USD 0.43 by December 2022 with a maximum of USD 0.46 and a minimum of USD 0.41. This upward trend is expected to continue into the early months of 2023 with an expected average of USD 0.63 and a maximum of USD 0.73 and a minimum of USD 0.61.
'Price Prediction', an aptly named crypto price prediction platform, expects XRP to enjoy a steady increase in price for the next few years and exceed USD 30 in 2031.
Should You Buy XRP Even with Its Current Volatility?
XRP is unique because it doesn't use a blockchain. All transactions are run through validation servers and these compare new information constantly and process this information with a common ledger. XRP uses a consensus mechanism called HashTree and instead of comparing all the data that came before, it compares only a single value which is obtained by summarising the data on the ledger.
Because of this system, transactions using XRP are completed in less than 5 seconds which is significantly faster than what the biggest cryptocurrencies out there offer. This system is also easily scalable so XRP can function under high demand. As the world transitions from the use of fiat currency to digital currency, XRP stands as a very strong contender for an everyday cryptocurrency. However, there's new crypto out there that can only be described as being a class apart from the rest.
Why Should You Consider Big Eyes Coin (BIG) Instead?
A brand-new cryptocurrency called Big Eyes Coin aims to support ocean conservation while transferring funds to the Defi ecosystem. Big Eyes Coin is an example of a community-driven Defi initiative that is an incredible method to raise money for charity and the community. It is a meme coin that has the industry's cutest mascot and is supporting a good cause. By employing NFTs to allow users access to more material and events, Big Eyes Coin hopes to differentiate itself from other community tokens and build a blockchain environment that self-propagates for hyper-growth.
The most crucial component of Big Eyes Coin is its community, which is its major life force. Big Eyes Coin will gain the much-needed momentum by having a larger, more active community. In exchange, the community will receive frequent tokens and NFT giveaways in addition to extra prizes. Big Eyes views the community as being in the forefront, thus any news will first reach them. Furthermore, due to Big Eyes Coin's strategic nature, it plans to launch in four stages;
- The first stage, known as the crouch stage, will include token audits, a live pre-sale website, pre-sale life, and a live media stunt.
- The second stage, termed the leap stage, will include the token debut on Uniswap (UNI), the entire website going live, 20,000 holders, the first charity donation, samples of NFTs, token swap live, merch shop going live, and so on.
- The third stage, known as the run stage, will include the distribution of NFTs, a second charitable donation, 50,000 token holders, larger-scale media stunts, and so on.
- The fourth stage, termed the catwalk stage, will consist of a USD 1 million charity event, a bridge of more chains, the inclusion of more swaps, and the evolution of NFTs.
To Succeed in the NFT Market, You Need Big Eyes Coin (BIG)
With NFTs gaining popularity in 2022, the Big Eyes platform has been able to offer a planned art competition for the community on the forum. With the help of this feature, art sellers and buyers may interact socially on the platform and share unique experiences while using the Big Eyes Coin.
The community's votes will be collated by the panel appointed to oversee the competition, after which winners will be selected. These award recipients have a chance to earn Big Eyes (BIG) token prizes. A large amount of community attention will result from such an event taking place on the platform. This will in turn raise the token's popularity and with that, Big Eyes (BIG) might rank among the top ten NFT projects available today.
What Makes Big Eyes Coins Shine Under the Spotlight Compared to Other Memecoins?
Many cryptocurrencies in the crypto space keep making promises without actions to back them up, but with strategically laid down plans, Big Eyes Coin (BIG) is set to actualize every single promise it has made to prospective members of its community.
Big Eyes Coin (BIG) stands out in an increasingly crowded market thanks to a few core values.
These principles are embodied by Big Eyes, the organisation's mascot, who, like a cat, exhibits the cat persona. No motion or activity is wasted, Big Eyes doesn't fool around; everything is done with care and logic. In addition to being playful, Big Eyes likes to participate in all activities rather than merely carry out his intended function.
Similar to a cat, Big Eyes is challenging to kill. Big Eyes will be practically unstoppable with 9 lives.
And lastly, Big Eyes is expressive. Blockchain and Defi technology cannot be spread covertly. Big Eyes Coin (BIG) will be transparent and involve the community in all activities to foster confidence and attract new users.
All of them will aid Big Eyes Coin in standing out from the competition and developing into a unique meme coin deserving of recognition, much like the adorable cat Big Eyes.
How to Purchase Big Eyes (BIG)
The following actions must be completed after deciding to buy the Big Eyes (BIG) token:
Firstly, you must install a MetaMask wallet on your computer or a trusted wallet on your smartphone. Secondly, open your wallet browser. In your search bar, type the URL https://buy.bigeyes.space and click the search icon. Give the required information while filling out the form that has been opened on the website then proceed to select a token from your wallet to serve as the payment method.
For the third and final step, your purchased Big Eyes (BIG) tokens will be transferred to your wallet after the pre-sale is complete.
Big Eyes Coin (BIG) Cuteomics
Due to the community owning and running Big Eyes Coin, 90% of the tokens will be available at launch and there won't be any fees or taxes on purchases or sales.
70% of the 200,000,000,000 BIG tokens that will be issued will be sold in a public sale. 20% will go to exchanges, 5% to promote Big Eyes Coin (BIG), and the remaining 5% will go to charity and be displayed.
In addition, NFTs will be subject to a 10% tax distributed as follows: 4% of it will go to the original seller, 5% to the holders, and finally 1% will be donated to a good cause.
Any cryptocurrency project should be thoroughly investigated before potential purchases are taken into account. Big Eyes (BIG) is a standard case, but given the facts in this article, it is undeniably true that Big Eyes (BIG) has the potential to soon become a significant token in the NFT market.