In the cryptocurrency market, there are two modes of consensus that the majority of cryptocurrencies follow.These are proof-of-work (PoW) and proof-of-stake (PoS).Newer cryptocurrencies often gravitate towards PoS due to its nominal fees, faster speeds, high security, and reduced environmental impact.
Bitcoin (BTC) is the pioneer of the crypto world.Its PoW consensus paved the way for thousands of cryptocurrencies to follow.Its popularity is unfathomable as its market capitalization accounts for almost half of the entire crypto market.However, its inception dates back thirteen years and the crypto market has come a long way since then.
Dogecoin (DOGE) also uses a PoW consensus algorithm known for its low transaction speed and high carbon emissions.
The adorable Doge meme inspired Billy Markus and Jackson Palmer to build the first meme piece in existence.As you know, Dogecoin has grown far beyond their expectations and become something of a pioneer in the meme coin market.
So how does this affect Big Eyes Coin (BIG) and how can it outperform crypto and meme coin market pioneers? Big Eyes Coin is built on Ethereum (ETH).Although Ethereum is currently a PoW platform, it is preparing for a move to PoS.This is the most anticipated event the crypto market has seen this year.
Big Eyes Coin could potentially reach $50 million, catapulting it into the crypto market.
His dedication to one of the most crucial parts of our environment, the oceans, has caught the attention of crypto enthusiasts.Environmental cryptocurrencies are the way to go in today’s world.The launch of Big Eyes (BIG) is approaching at big steps !
Big Eyes Coin has built an ecosystem that greatly benefits the user.90% tokens will be available at launch to give control of the shapep latform to the community.A step-by-step guide will show you how to buy BIG later in the article.
The remaining 10% of the tokens will be split equally between a charity and a marketing portfolio.
Staying relevant in the crypto space is essential for success.
That’s why Big Eyes Coin has a marketing portfolio that can help it stay in touch with the latest trends.When you examine the Big Eyes Coin mascot, you will see that it has an Anime design.Anime is becoming an increasingly popular genre of comics and cartoons.
Currently, 40-60% of the world’s population watches or reads anime, so it’s no surprise that Big Eyes Coin caters to this market.Big Eyes Coin intends to create comics, as seen on its Instagram page, and merchandise featuring the Big Eyes mascot.It could potentially see a new wave of users gravitate towards the Big Eyes Coin platform.
These new users can immerse themselves in the Big Eyes Coin NFT events held every season.
Big Eyes Coin aims to have an NFT collection in the top ten projects, which will make user-owned NFTs valuable.Those who hold NFTs will have access to a plethora of events, including the exclusive Big Eyes Sushi Crew, as seen in the photo below.
Big Eyes Coin will remove tax from buying and selling on the platform so you can save more of your BIG tokens.Additionally, there will be $2 million in cash locked in for two years to ensure quick conversions.Big Eyes Coin will be available on Uniswap (UNI), one of the largest decentralized exchanges (DEX).
As mentioned above, Big Eyes Coin will be built on the Ethereum blockchain.Although Ethereum currently uses PoW, the upgrade to PoS could happen as early as September! PoS is now considered the favorable consensus by crypto whales due to its increased transaction speed and increased security.So, could this mean increased attention for Big Eyes Coin by crypto whales? All signs point to yes.How to register to launch of Big Eyes Coin
You can register for the launch of Big Eyes Coin with just a few clicks.
The website is easy to navigate for newcomers to the crypto world.All you have to do is go to the Big Eyes Coin website and click on register for the launch.
Fill in the required information, as seen in the photo below.
All you need is your first and last name with a valid email address to be part of the Big Eyes Coin community.It’s as simple as that ! Will Bitcoin (BTC) stay on top?
Anyone who has heard of cryptocurrency will have basic knowledge of Bitcoin.
The crypto giant has dominated the market since its inception in 2009.Even in times of trouble, Bitcoin has remained the face of crypto.However, will Bitcoin’s outdated consensus algorithm be its downfall? It’s possible.
Bitcoin has recorded a 9.06% decline in value in seven days at the time of writing.
As the maximum amount of Bitcoins available for mining gets closer, miners might opt for a new PoW cryptocurrency like Dogecoin.
Over 90% of Bitcoins are mined, leaving only 1.8 million!
However, there are many reasons why bitcoin users will move away from the bitcoin platform.Most notable is the environment.Bitcoin uses an astronomical amount of energy per year, equivalent to the same amount as Argentina! Excessive energy consumption results in high carbon emissions.
Cryptocurrencies like Bitcoin are held accountable for their environmental impact.This is one of the reasons why Ethereum chose to switch to PoS.
Although this is not an option for Bitcoin due to its value being determined by the amount of work it takes to mine a coin, this does not stop the negative publicity around Bitcoin.
Bitcoin users can switch from PoW platform to PoS platform like Big Eyes Coin.The new cryptocurrency has the potential to dominate the market through Q4, using improved Ethereum 2.0 technology.The pioneer of meme coins – Dogecoin (DOGE)
Like Bitcoin, Dogecoin was the first of its kind to enter the crypto market.Since its inception, there have been over two hundred meme pieces that have graced the market.None of them got the same popularity as Dogecoin.
Dogecoin could be an escape for Bitcoin miners because Dogecoin also uses PoW.
Users get 6.25 BTC when mining a block of Bitcoin and 10,000 DOGE when mining a block of DOGE.Although prices may differ, Dogecoin has an unlimited supply, which means users can mine it continuously.
Additionally, Dogecoin has the backing of billionaire entrepreneur Elon Musk.Even if you haven’t heard of cryptocurrency, you will know Elon Musk.He often tweeted his support for Dogecoin, which led to price spikes.
Elon Musk has over 100 million Twitter followers which shows his effect on the crypto market.In particular, Dogecoin.
Recent updates for Dogecoin include a layer 2 network for the Dogecoin platform named Dogechain.The Dogechain was built by DOGE holders and includes games, NFTs and DeFi for Dogecoin users.
Could this development help Dogecoin climb higher in the crypto market?
It has been 13 years since the introduction of Bitcoin.The consensus mode used by Bitcoin and Dogecoin could be classified as obsolete, making room for PoS platforms to outperform them in the crypto market.Even those with little sympathy for the environment will gravitate towards PoS because of its high speeds, nominal fees, and increased security.
Big Eyes Coin is an innovative new platform that has built an ecosystem that caters to a massive target audience, with plenty of tools at their disposal.If the PoW consensus is exceeded, Big Eyes Coin could outperform Bitcoin and Dogecoin upon launch.
Big Eyes Coin’s success so far has created a buzz around the platform that has helped it reach $50 million.Will you join the growing Big Eyes Coin community? More information about the project
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