Since the start of the crypto collapse, most users have struggled to decide which coins to trade and which to hold. The bearish market trend has affected the cryptocurrency prices of most tokens, and you must consider which coin to invest in to secure your crypto assets. Here, we review Cardano (ADA), Polygon (MATIC), and Big Eyes Coin (BIG), three top coins finance analysts who think they will help you weather the collapse.
Cardano’s (ADA) Key Features
Ethereum’s co-founder Charles Hoskinson launched the Cardano (ADA) network in 2017 to provide crypto users with a more efficient and easily scalable platform than the existing Bitcoin and Ethereum platforms. Cardano (ADA) has come to be known as a blockchain 3.0 technology, or a third-generation blockchain, with Bitcoin and Ethereum representing the first and second-generation blockchain systems, respectively.
Cardano (ADA) runs a proof of stake protocol called Ouroboros, responsible for validating crypto wallet and ledger account balances. The protocol exists on one part of the two-layer blockchain, the Cardano Settlement Layer, where you find user accounts and ledgers. The Cardano Computing Layer’s second layer deals with computing app operations. The double-layer blockchain idea helps the Cardano network handle up to a million transactions.
Since its launch in 2017, Cardano (ADA) has become one of the largest coin platforms on the cryptocurrency market by market cap. It is already widely used as a payment method and medium for storing crypto assets. Like every other token, it has taken a heavy blow in value, dipping from about $1.25 in January 2022 to $0.4 by September 2022. Cardano (ADA) currently sells for $0.51, a 7.5% rise over what it sold for a few days ago.
This rise and the anticipated smart contract integration will help boost Cardano’s (ADA) user base considerably in the coming weeks.
Polygon (MATIC) – The Popular Platform
Polygon represents a generation of blockchain solutions that help older, less efficient blockchain systems retain stability and operate at optimal functionality. In Polygon’s case, it was developed as a side chain to support the existing Ethereum blockchain. The side blockchain helps Ethereum handle more transactions in lesser time frames.
Users with Ethereum assets can convert those assets to Polygon tokens and transact their business on the Polygon network. They can also deposit the Polygon tokens back into the Ethereum system, depending on what they want to use them for. This interoperability allows for easier and faster transactions in the cryptocurrency market. However, you must ensure your application supports Polygon swaps so you don’t have to pay high gas fees during the exchange.
Polygon looks to be achieving a steady climb out of the crypto collapse as it has made a 0.75% increase in value within a week. Trading it could prove to be profitable in the near future.
What is Big Eyes Coin (BIG)?
Big Eyes Coin (BIG) is a new meme token built on an exclusive blockchain and designed with a special focus on putting the community first regarding benefits and decisions. The presale for the token is on, and the launch is within sight, so it would be best if you joined the presale early.
The developers promise 80% of the tokens will be available for the presale, which has already raised over $2 million. 5% of the remaining tokens will go to charity organizations involved in preserving ocean life.
Big Eyes Coin (BIG) is an attractive token as it looks to hit the ground running after its launch. It is best to get the coins now that they are cheap and keep them till they appreciate. According to the roadmap, the project is already in the second stage and will still feature Big Eyes Coin NFT mining and sales soon after the launch. Big Eyes Coin (BIG) looks to be the next big meme coin in the cryptocurrency market.
To find out more about Big Eyes Coin (BIG), visit the links below:
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