There are many exciting things taking place in the world of cryptocurrencies that we’ll have a look at in this latest roundup on crypto news. As we look at Lido DAO (LDO) and Internet Computer (ICP) our main focus will be on the young meme coin hotshot Big Eyes Coin (BIG) that has enjoyed an incredible presale this year and is destined for great things. What, exactly, those great things will be is what we’ll explore in this article.
What Can Lido DAO Offer Investors?
Lido DAO is a liquid staking solution that is available on the Ethereum network. The term liquid staking refers to receiving liquid tokens in exchange for depositing tokens. Lido was founded in December 2020 and is governed by a DAO (decentralised autonomous organisation).
Lido DAO is now one of the more used platforms for liquid staking, having accumulated over $13 billion in staked assets within a year of its inception. Despite being initially developed with a focus on Ethereum, it has now diversified and works on other blockchain networks like Solana and Terra, which it launched staking for in 2021.
Another important feature of Lido DAO is that it is decentralised and also offers a high annual percentage rate of 4.8, 8.1%, and 6.66% APR respectively for staking Ethereum, Terra, and Solana.
What is Internet Computer?
Internet Computer, powered by innovations in cryptography, incorporates a radical revamp of blockchain design by providing the first World Computer blockchain. Its blockchain technology can be used to build almost any online system or service without the requirement for traditional IT such as cloud computing services. Due to this, it can enable full end-to-end decentralisation.
Imagine a scenario where you create a group chat to organise something with your friends or interact with photos uploaded by your romantic partner. These social networks constitute a vital part of everyday life but are accompanied by a myriad of privacy issues and can sometimes overwhelm users with advertisements.
Web3 can radically change this old formula. Whereas before blockchains could only build Web3 services in conjunction with traditional IT, such as cloud computing services, a World Computer blockchain enables the possibility of building services that run entirely on blockchain.
Big Eyes Coin is the Meme Coin Seizing Attention
Meme coins have been a wonderfully lighthearted addition to cryptocurrencies. Their ability to connect with what constitutes contemporary culture – internet memes – has allowed them to gain a foothold within the crypto sector. Crypto investors are always searching for new crypto projects and the meme coin terrain is always unveiling new coins.
The latest meme coin that has many investors gravitating towards it is Big Eyes Coin.
Based on the theme of cat memes, Big Eyes Coin has blended the online meme culture with an enticing ecosystem to create a strong sense of community. It has utilised its social media platforms to successfully enchant people into becoming followers, supporters, and then investors.
Big Eyes Coin has accumulated well over $35m in its presales, cementing its place in history as one of the biggest cryptocurrencies in terms of presale numbers. The impressive nature of this is heightened when one considers that investor confidence in the overall state of cryptocurrency may have been rocked by multiple turbulences, including the FTX crash and subsequent closure of several crypto-focused banks.
With its presale to end in the opening week of June, Big Eyes could have what it takes to become the biggest meme coin in crypto. Others better beware of this ferociously cute cat.
For more on Big Eyes Coin (BIG):
Presale: https://buy1.bigeyes.space/?source=tekedia
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
OpenSea: https://opensea.io/collection/big-eyes-lootbox-cards
Twitter: https://twitter.com/BigEyesCoin