Make no mistake. The market has been cooking for the latter half of 2022. The entire crypto space has been openly grilled by many detractors, as events such as the FTX crash, and drops in value fueled the FUD in the market. Investors couldn’t pat themselves on the back and give themselves a congratulatory ‘well done!’, as most of their investments were going up in flames and cooking to a charred state of well-done. However, things are starting to look hopeful for crypto as the smoke starts to clear. Cardano (ADA) and Ethereum (ETH) have shown upward trends, indicating that the start of the imminent bull market could be coming sooner than expected. If this is the case, now would be the best time to pick up these cryptocurrencies, as well as newer meme tokens such as Big Eyes Coin (BIG).
Coming to the ADA the Market: Cardano and Ethereum
Cardano (ADA) is a blockchain platform and cryptocurrency similar to Ethereum. It is often dubbed the ‘Ethereum killer’. It is based on a proof-of-stake consensus mechanism, which is meant to be more energy efficient than the proof-of-work method used by Bitcoin (BTC), and previously used by Ethereum before the merge. Cardano is also focused on providing a more secure and sustainable platform for the development of decentralised applications and smart contracts.
Cardano is a platform for building decentralised applications (dApps) and smart contracts, similar to Ethereum. It seeks to overcome several of Ethereum’s drawbacks, including scalability and governance.
Ethereum and Cardano both have extremely high utility as they make it possible to create and use decentralised apps and smart contracts. Numerous uses, including supply chain management, voting systems, financial services, and more, are possible for these applications and contracts. These apps and contracts may be safe, transparent, and trustless thanks to the usage of blockchain technology. Furthermore, the adoption of smart contracts enables process automation, which can save costs and boost efficiency. Make sure you’ve got these cryptocurrencies in your portfolio – they are likely to be key players in your investments’ performance.
Big Eyes Coin: The New Cat On The Blockchain
Big Eyes Coin (BIG) is a DeFi token based on the Ethereum network and is a meme coin you need to know about. Due to the high level of community demand, Big Eyes Coin will now launch near the end of January rather than the initially planned late 2023 launch. An astounding $16 million has been raised from the pre-sale altogether, and this cat isn’t done yet; it’s still gaining momentum as more investors become aware of the enormous potential Big Eyes Coin has. As Big Eyes Coin has raised $16 million, the next stage of its release will begin – stage 9. There is much promise and potential for this meme token, be sure not to miss out on this coin!
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As the market starts to build momentum again, we need to pay attention more closely to Cardano (ADA) and Ethereum (ETH). Due to their sheer versatility and utility, they are likely to perform well in the coming bull market. You should also keep your eyes on up-and-coming meme coins like Big Eyes Coin (BIG), as they have the potential to significantly increase the gains of your portfolio.
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Big Eyes Coin (BIG)