Despite having been around for a relatively short period, the cryptocurrency space is one of the most popular financial markets. It has wasted no time in establishing itself as a volatile space that offers traders the opportunity to make plenty of money in a single price move. The cryptocurrency market is also renowned for the variety of options that it offers traders. You’ll find thousands of options on the cryptocurrency market at any given time.
To succeed in cryptocurrency, you need to pay attention to market hype and discussions. More often than not, tokens that enjoy plenty of attention usually experience price gains under favorable conditions. Many traders and experts have talked about Solana, Stellar and Big Eyes Coin. This piece will tell us why. Perhaps they’re the next big coins to watch out for.
Developed in 2017, Solana has managed to establish itself as one of the biggest projects in the crypto space. This unique, decentralized project is renowned as one of the most popular cryptocurrencies on the coin market. When Solana was released, it didn’t take long for people to realize that the cryptocurrency could process transactions at lightning speed. Early reports placed the processing capacity of Solana at 65,000 transactions per second.
The real secret of Solana’s success in the cryptocurrency space is its ability to serve as an alternative to Ethereum. Yes, Solana can host smart contracts that support decentralized applications. Considering that Solana could perform the same functions as Ethereum at a faster and cheaper rate, it didn’t take long before people started drawing comparisons between both projects. They strongly felt that Solana would be the coin to replace Ethereum and drive the DeFi sector forward. Solana’s impressive transaction speed and low cost are that it runs on a proof-of-stake and proof-of-history mechanism. SOL is the token that powers activities on this platform.
A common feature about cryptocurrencies that generate plenty of hype is that they offer innovative features. Stellar is a cryptocurrency that plans to bring decentralization to the non-crypto community. It will use its decentralized protocol to support payments and transfer of value. In simple terms, Stellar will connect payment systems, banks and people. This application of decentralization is what many people wish to see in the crypto space. Therefore, it’s no surprise that people are buying into the project.
What’s more? Stellar also has an open-source code. This means that anyone can copy the code to use it to create a similar project. XLM is the token that powers this decentralized protocol.
Big Eyes Coin
Big Eyes Coin is a meme coin. So, it’s easy to wonder why anyone would speak about it. But the truth is Big Eyes Coin is a meme coin, unlike others in the crypto space. Not every day do you come across a meme coin that can also be used to mint NFTs. The development team for Big Eyes Coin plans to use the token to mint NFTs and create a reliable wealth development system for its users. This community-driven project will offer 170 billion tokens to users. This means that users are expected to have a strong presence on the decentralized protocol.
Many experts have compared Big Eyes Coin to the big names in the meme sector, like Shiba Inu and Tamadoge. While Big Eyes Coin still has some way to go, the early signs are there for all to see. Big Eyes Coin’s developers want to make Big Eyes Coin one of the largest tokens on the coin market by 2030. The presale is already in the fourth stage. Click the link below to join it.