Place/Date: - August 31st, 2022 at 3:43 pm UTC · 7 min read
Source: Big Eyes Coin
The cryptocurrency market’s continuous growth is creating room for more crypto projects to be born amid the current crypto winter. As new cryptocurrencies add to the market, crypto enthusiasts continue looking for those with the best quality to buy. One such cryptocurrency which has shown great potential and is getting people talking is Big Eyes (BIG).
To date, crypto tokens Avalanche (AVAX) and Chainlink (LINK) remain strong competitors in the crypto space, setting the pace for newcomers to follow.
In 2020, Avalanche (AVAX) took off to a great start following its launch in the cryptocurrency market that year. Further back in 2017, Chainlink (LINK) began its journey in the competitive market, breaking above the $1 mark in 2019.
Like Avalanche (AVAX) and Chainlink (LINK), Big Eyes (BIG) has what it takes to have a successful stint once it launches. This article will review how it compares with both tokens. It will also show why it will shake up the cryptocurrency market and become the next cryptocurrency to explode in 2022.
It is not surprising that Avalanche (AVAX) is among the most-traded crypto tokens today. It is currently the 15th biggest cryptocurrency and second largest DeFi token by market capitalization, as per CoinMarketCap. Several features and capabilities set it apart from competitors in the cryptocurrency market.
Avalanche (AVAX) is an evolutionary cryptocurrency powering one of the world’s most iconic blockchains, the Avalanche (AVAX) network. The network is a unique layer-one blockchain functioning as a platform for custom-built blockchain networks and dApps.
Avalanche (AVAX) offers users access to a powerful platform that they can build on. Thanks to its rugged proof-of-stake (PoS) consensus mechanism, Avalanche (AVAX) is incredibly decentralized, making it a premiere scaling solution for Web3 dApps.
Avalanche’s (AVAX) goal is to provide a scalable blockchain solution that delivers blazingly fast, low-cost, and eco-friendly transactions. Avalanche (AVAX) is reputable for its high transactional output with no compromise to scalability. It can handle up to 6,500 transactions each second.
Avalanche (AVAX) empowers users to build highly customizable blockchain networks (also known as subnets) that fit their project’s needs. Subnets running on the platform are seamlessly interoperable with the broader Avalanche (AVAX) ecosystem. Therefore, they can scale infinitely without competing with other apps for network resources.
Avalanche’s (AVAX) network has a unique architecture that helps it achieve greater heights in the crypto sector. The network is a combination of three separate sub-chains: the X-Chain, C-Chain, and P-Chain. Each sub-chain has a distinct role, yet all work together to strengthen the network’s functionality.
The X-Chain (Exchange Chain) helps users to send and receive funds on the Avalanche network. At the same time, the P-Chain (Platform Chain) allows them to stack Avalanche (AVAX) and facilitate validator activities. The C-Chain (Contract Chain) acts as the blockchain for DeFi, allowing the execution of smart contracts and the creation of DeFi dApps.
Avalanche’s (AVAX) support for subnets gives Web3 games total control over their customizable blockchain networks while maintaining 100% decentralization and security.
Staking Avalanche (AVAX) is one of the ways users can earn financial rewards on its platform. Avalanche (AVAX) token functions as a medium of exchange within its ecosystem and helps process transactions. Users can use it to participate in staking to secure the platform.
Chainlink (LINK) is down three players from Avalanche (AVAX), sitting in 5th position on CoinMarketCap’s list of top DeFi tokens by market cap.
Launched in 2017, Chainlink (LINK) is an ERC-20 native token for Chainlink, a highly secure decentralized blockchain abstraction layer that enables universally connected smart contracts.
Chainlink (LINK) helps to connect payment methods and systems securely, external data feeds, and APIs to smart contracts.
The Chainlink network has a large open-source global community of smart contract developers, node operators, data providers, researchers, and more. Therefore, its users are a community seeking to advance Chainlink (LINK) into an ecosystem benefitting the entire blockchain technology.
Chainlink (LINK) gives users access to a network, allowing off-chain data integration into smart contracts. It is a key player in data processing and has numerous reliable partners.
Chainlink (LINK) has the attention of various trusted data sources, thanks to the integration of off-chain data. Data suppliers can monetize their information by selling access to data directly to the network. Users can earn revenue by becoming node operators running critical data infrastructure required for blockchain development.
Another aspect of Chainlink (LINK) that makes it highly profitable is staking. As part of Chainlink’s (LINK) roadmap for 2022, staking will now be available for holders. By staking their tokens, Chainlink (LINK) holders will earn long-term rewards for participating in ecosystem governance and helping to secure the network.
Unlike Avalanche (AVAX) and Chainlink (LINK), which are full-fledged DeFI tokens, the upcoming Big Eyes (BIG) is a meme token that seeks to add to the DeFi sector’s profitability by driving wealth to DeFi.
Big Eyes (BIG) is seeking to revolutionize the meme coin sector by going beyond the meme token archetype to incorporate other aspects of crypto, like NFTs. The token models after the cat – one of man’s best friends – and will enforce quick and smooth reactions, like cats.
Big Eyes (BIG) promises to be evolutionary and is open to updates for the benefit of the community. There are several fascinating things about Big Eyes (BIG), including that it guarantees a user-comes-first ecosystem.
Big Eyes (BIG) holders will benefit from holding the token in many ways. Besides the fun that will go with it as a meme token, Big Eyes (BIG) will have a transparent and active tax system. This system will enable fee adjustments with a marketing wallet, auto-burn features, and liquid protocol (LP) acquisition.
By participating in LP acquisition, token holders earn fees from transactions on the DeFi platform.
Big Eyes (BIG) auto-but features will make it a deflationary token, helping to lower supply and increase scarcity, resulting in higher demand and an increase in token value. Therefore, early Big Eyes (BIG) with a long-term focus will benefit immensely from selling at a higher price.
Adding to that, Big Eyes (BIG) will give users access to many NFT events and reward systems, helping them benefit from NFTs’ profitability. By purchasing NFTs on the projects, users can access Big Eyes’ (BIG) Sushi Crew, a club for NFT holders who like to buy amazing products and have fun.
Big Eyes (BIG) has a well-planned 4-stage roadmap with which it hopes to become the next cryptocurrency to explode in 2022. As an eco-friendly meme token prioritizing marine life conservation, Big Eyes (BIG) is on course to contribute to ocean preservation by donating to organizations dedicated to the cause.
There is no date for its launch yet, but Big Eyes’ (BIG) launch is just around the corner and will have a total supply of 200 billion tokens. It is currently on pre-sale, and anyone can buy any of the available 140 billion tokens (70% of the total supply) for public pre-sale.
There will be no tax for buying or selling Big Eyes (BIG) tokens. However, a 10% tax will apply to NFTs.
Thanks to its straightforward nature, no complications are associated with purchasing Big Eyes (BIG). Crypto enthusiasts seeking to buy can use their credit cards directly from the pre-sale portal. Others can buy using Ethereum (ETH) or USDT in their crypto wallets.
Those who purchase during the pre-sale will gain access to a ‘claim page’, enabling them to claim their Big Eyes (BIG) tokens at the end of the public pre-sale.
One thing Avalanche (AVAX) and Chainlink (LINK) have in common is the priority they give to their community of users. Like them, Big Eyes (BIG) promises to put its users first and help them enjoy a world of financial freedom.
Big Eyes (BIG) will do things differently in ways that most meme tokens do not. Its eco-friendly quality is commendable, as is its economic model, which will help it shake up the cryptocurrency market.
With the NFT market expanding and attracting more people globally, Big Eyes’ (BIG) entry into the NFT sector will make it a potential challenger in the crypto space.
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