The environmental impact of cryptocurrencies is a growing concern among experts, with some of the top cryptos leaving a massive carbon footprint. According to the Cambridge Bitcoin Electricity Consumption Index, Bitcoin utilizes 0.38% of global electricity. Depending on the proof-of-work consensus makes, this top giant consumes more electricity than some countries.
In this article, we discuss an eco-friendly cat-themed coin that is redefining the meme space – Big Eyes Coin (BIG) along with information about the massive updates in top altcoins like Uniswap and Litecoin.
Big Eyes Coin: A Greener Future for Crypto?
Big Eyes Coin is a community token hosted on the Ethereum network that uses the Proof of Stake (PoS) consensus algorithm. This means lightning-fast transactions and lower energy consumption, making it a nature-friendly alternative to traditional Proof of Work (PoW) coins. BIG’s ongoing presale has already raised close to 30million and is growing, fueled by its unique narrative of a cute cat that saves the world.
The project has also introduced loot boxes, giving investors a chance to win up to $25k in tokens for a $500k Kitty vault investment. Moreover, the white paper states that 5% of the entire supply will go towards cleaning up the world’s oceans through charity events. These initiatives make BIG an ideal choice for investors who prioritize eco-friendliness.
Uniswap Steps into the V3 Protocol
Uniswap’s imminent switch to the BNB Chain with its V3 protocol is a significant development in the cryptocurrency market. This move is aimed at integrating automated market maker technology into the Binance blockchain, which focuses on low-fee trading for exchanges. This strategic move is expected to provide access to the enormous DeFi market potential of the BNB Chain, leading to greater network effects and growth for Uniswap.
LiteCoin Sparks
Litecoin has remained in the third position in terms of market capitalization for nine years. Built on the same Bitcoin protocol, Litecoin maintains the same mining functionality, decentralization, anonymity, and proof-of-work consensus method. Recently, a developer brought ordinals to Litecoin, initiating the race to add NFTs to more proof-of-work blockchains. This has sparked huge interest in the altcoin, with enormous development potential ahead of it.
Final Thoughts
Big Eyes Coin’s nature-friendly initiatives have set the standard for green crypto, inducing a bandwagon effect that may encourage other cryptocurrencies to follow suit. As the project enters stage 12, the cat mascot may unlock significant benefits after its launch. Overall, these developments signal a shift towards more eco-friendly crypto solutions that prioritize sustainability and environmental responsibility.
Find out more about Big Eyes Coin (BIG):
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL