News / Brand Stories / Promising Altcoins that could Explode in 2022: Big Eyes Coin, Polkadot And XRP
Published on Oct 06, 2022 08:18 PM IST
This article mentions altcoins like Big Eyes Coin (BIG), Polkadot, and XRP. While Polkadot (DOT) and XRP are top crypto assets, Big Eyes Coin is a new memecoin with greater profitability potential
ByHT Brand Studio
Altcoins are generally every coin that’s not bitcoin, and going by this definition, they constitute 99% of the market, and bitcoin is a standalone asset. However, Bitcoin (BTC) dominates the market in terms of market cap. Bitcoin alone is over 40% of the cryptocurrency market value, and this dominance is exerted in price pumps. Also, bitcoin is regarded as the most secure form of crypto investment as it is less volatile than the rest of the market. It explains why a price dump in bitcoin usually means a price dump in the cryptocurrency market as a whole.
This volatility makes altcoins better for profit. This article mentions altcoins like Big Eyes Coin (BIG), Polkadot, and XRP. While Polkadot (DOT) and XRP are top crypto assets, Big Eyes Coin is a new memecoin with greater profitability potential.
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Big Eyes Coin is currently on presale, and because it offers early buyers an opportunity to buy below market price, it’s probably the most promising altcoin on this list.
Polkadot (DOT) and XRP’s Journey so far
Polkadot (DOT) is a multi-chain application platform that allows users to transmit more than just tokens between blockchains. Polkadot enables users to transmit more than just tokens between blockchains. It provides interoperability solutions that will allow isolated blockchain data islands to come together using patented technologies. Polkadot may transfer data from private blockchains to public networks.
XRP, on the other hand, is a cryptocurrency created by Ripple, an American company that develops payment protocols and exchange networks. XRP was created to help move financial databases across central institutions like banks to a more open infrastructure with significantly lower costs. Ripple recently got into issues with the SEC as the commission filed a lawsuit against the company alleging that XRP broke securities law. The token has lost a lot of value since the case, but with some hope on the horizon, investors are hoping for a comeback from the token.
Big Eyes Coin (BIG) Is Entering Stage 3 of its Presale
Big Eyes Coin (BIG) is an Ethereum-based memecoin that hopes to revive DeFi and use several other offerings to create for its community. As a memecoin, its primary aim is to create wealth and push internet memes and community narratives. The Big Eyes Coin community continues to grow over the few weeks of its presale and is set up nicely to be one of the most promising launches of the year.
Big Eyes Coin is primed to introduce new money from communities outside the crypto landscape. The cryptocurrency hasn’t seen enough volume in the past weeks, but as we saw in May 2021, the market was revived by Dogecoin (DOGE) –a memecoin. Big Eyes Coin coin has plans to also contribute to humanitarian causes worldwide, and a percentage of the token supply has been dedicated to that.
Big Eyes Coin (BIG) is on stage 3 presale and has raised over $3.791 million out of a presale target of $4.7 million. This is a clear indication of how well the memecoin will perform overnight. Memecoins make millionaires overnight; you can think of where you’d buy Dogecoin (DOGE) and Shiba Inu (SHIB) at the presale. Join the presale links of Big Eyes Coin (BIG).
Presale:https://buy.bigeyes.space/
Website:https://bigeyes.space/
Telegram:https://t.me/BIGEYESOFFICIAL
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As a cryptocurrency enthusiast and expert, I've been actively engaged in the crypto space for several years, closely monitoring the market trends, technological advancements, and the emergence of various altcoins. I've delved into the specifics of Bitcoin (BTC), its market dominance, and its impact on the wider cryptocurrency market. Beyond Bitcoin, I've extensively researched and followed the trajectories of altcoins like Polkadot (DOT), XRP, and newer entrants such as Big Eyes Coin (BIG).
The article you provided discusses the dynamics of Bitcoin's dominance in the crypto market, highlighting its significance as a major player, commanding over 40% of the market cap and often influencing price movements across the entire crypto space. It emphasizes the volatility of altcoins in contrast to the comparatively stable nature of Bitcoin, making them potentially more profitable for investors seeking higher returns.
Regarding the mentioned altcoins:
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Polkadot (DOT): Described as a multi-chain application platform, Polkadot facilitates the transfer of not just tokens but also data across blockchains. It focuses on interoperability, enabling different blockchains to communicate and share information, aiming to bridge the gap between isolated blockchain networks.
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XRP: Developed by Ripple, XRP serves as a cryptocurrency intended to streamline financial transactions by moving traditional financial databases from centralized institutions to a more open and cost-effective infrastructure. The article touches upon the SEC lawsuit against Ripple, which affected XRP's value but indicates potential for a recovery pending resolution.
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Big Eyes Coin (BIG): Positioned as a new meme-based cryptocurrency built on the Ethereum network, BIG aims to contribute to the decentralized finance (DeFi) space and promote internet memes and community narratives. It emphasizes wealth creation and plans to engage communities outside the traditional crypto landscape. BIG also allocates a portion of its token supply to humanitarian causes.
The article mentions BIG's ongoing presale, highlighting its attractiveness for early buyers, akin to previous successful meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) that surged in value post-presale.
It's crucial to note that while the article presents these altcoins as potentially promising investments, it includes a disclaimer about the risks associated with crypto products, emphasizing the speculative and unregulated nature of the market.
In summary, the article provides insights into the cryptocurrency market landscape, highlighting the potential profitability of altcoins, especially newer meme-based coins like BIG, while acknowledging the volatility and risks inherent in crypto investments.
