While the crypto market experienced turmoil during the majority of 2022, 2023 has seen a different trend. The crypto market capitalisation has risen through the starting weeks of 2023, closing in on $1 trillion. Ethereum (ETH) and Cardano (ADA) are two cryptocurrencies that have contributed to this rise in market capitalisation, experiencing positive trends in the past seven days.
Another cryptocurrency performing well through 2023 is Big Eyes Coin (BIG). The platform has garnered significant attention throughout its highly-anticipated presale, raising $16 million at the time of writing. Let’s find out more about why there is so much attention and hype surrounding this new platform, as this editorial piece will examine each cryptocurrency and its expansive ecosystem.
All Aboard The Big Eyes Coin Train
The biggest ocean threats include plastic pollution, overfishing, and ecosystem degradation. Big Eyes Coin looks to thwart these threats, holding a charity wallet containing 5% of its tokens for ocean conservation charities. The meme token has made several significant contributions thus far, including $2000 to the Orca Network.
While most platforms produce NFT collections without utility, Big Eyes Coin will produce an NFT collection that allows its holders to utilise them as exclusive invitations to a series of clubs, events and parties on the Big Eyes Coin platform. Additionally, the Big Eyes Coin team aims for the collection to reach the top ten projects!
Big Eyes Coin will be community-centric, dedicating 70% of its tokens to the crypto community during the presale. The rest will be split accordingly, 20% to exchanges, 5% to the charity wallet, and 5% to the marketing wallet. The marketing wallet will keep Big Eyes Coin on top of the latest trends, ensuring its relevancy in the crypto market.
Ethereum Surges 16%
The altcoin king Ethereum has undoubtedly secured its place in the crypto hall of fame. The crypto giant makes up almost a fifth of the entire crypto market capitalisation, showcasing its importance in the volatile market.
Ethereum updated its technology in Q3 of 2022, switching its outdated Proof-of-Work (PoW) consensus for the modern Proof-of-Stake (PoS) technology. The upgrade allowed Ethereum to improve its performance, reaching up to 100,000 transactions per second while lowering its carbon emissions.
This switch in technology could have sparked Ethereum’s positive trend as of late. The crypto giant has increased its market capitalisation by 16.82% in the past seven days at the time of writing!
The Sustainable Blockchain At The Top Of The Crypto Market – Cardano
Cardano has shown its worth in the crypto market, producing a blockchain that is both sustainable and can perform at a high level. The sustainable blockchain utilises a PoS consensus, limiting its carbon footprint.
Like Ethereum, Cardano has seen a positive trend in the past seven days. Cardano has increased its market capitalisation by 8.05% at the time of writing, bringing its market capitalisation to an eye-watering $12 billion.
So, what makes the Cardano blockchain so desirable? Cardano’s expansive ecosystem allows developers to build decentralised applications and tokens on the blockchain network. There are more than 1,000 active decentralised applications on the Cardano blockchain at the time of writing.
Final Thoughts
Ethereum and Cardano are leading the charge in the revival of the crypto market, showing positive trends in the past seven days. Big Eyes Coin is also bringing positivity to the crypto market, raising incredible amounts of funds through its presale.
The new platform could launch earlier than anticipated if it raises $12 million through January. Additionally, Big Eyes Coin offers 200% bonus tokens with each order that uses the ‘LAUNCHBIGEYES200’ promo code at the checkout.
For more information on Big Eyes Coin (BIG), please visit the following links:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL