How could the next crypto, Big Eyes Coin help you earn like BNB and Litecoin? Let’s find out!
As the world changes rapidly, cryptocurrency adoption is growing at a healthy pace. However, global adoption of meme coins has been relatively slower than other utility cryptocurrencies.
Although the underlying blockchain technology is somewhat similar, traders are skeptical that meme coins are only reserved for profit-making. This is why the public must increase acceptance of new and established memes.
Moreover, if any type of cryptocurrency can turn a profit in a bear market like the current one, it is meme coins with incredible community power. So we bring you Big Eyes Coin (BIG), an emerging cryptocurrency that is expected to destroy the meme coin space.
Despite the red flags surrounding them, token holders are still very keen to keep their money flowing in the markets, which is a positive sign for meme coins. Meme pieces attract audiences based on flashy branding and highly emotional community utility.
Branding usually consists of a viral internet trend laced with humor and cuteness. It works as a token’s defining USP. Some mainstream meme cryptocurrencies include Dogecoin (DOGE) and Shiba Inu (SHIB). Following in the footsteps of established giants such as these, Big Eyes Coin also aims for an easy yet defining entry into the decentralized world of meme coins.
Big Eyes Coin (BIG) could hit $50 million
Many meme pieces don’t have a specific purpose that deserves much attention. However, the leaders of the meme coin space, Dogecoin & Shiba Inu, show us that certain projects are working to improve and support their communities.
Big Eyes Coin is a project similar to this intensity, where the meme coin aims to save the oceans. Big Eyes Coin is willing to dedicate 5% of its total token supply to the reintegration and rehabilitation of nature.
Big Eyes Coin presents itself as a truly specific token with a simple nature-enhancing pattern. In the process, the project team aims to develop a long-standing reputation in the system’s decentralized ecosystem.
Big Eyes Coin is on a mission to create hype about maritime safety and how our actions have harmed our oceans. It is high time that we pay attention to the conservation and protection of our oceans to ensure that the damage does not escalate. Due to the importance of the cause, the team hopes to provide dedicated community benefits to support them in their early stages.
Since the publicity of meme coins is mainly driven by the appearance of their mascot on the Internet, Big Eyes is not only the official name of the cryptocurrency, but also the mascot of the crypto project. Additionally, we have news that the project is expected to introduce various merchandise options and comic book series. It will revolve around their mascot to generate hype on their token.
Discounts on fees when paying with BNB
The emergence of Binance Coin arose out of the need for a utility token that could be treated as a base currency for reduced trading fees on Binance’s DEX.
Since 2017, the token has only grown in importance due to its widespread use on the official Binance trading platform. Over the years, cryptocurrency has expanded its horizons to include several utilities under its umbrella. Let’s go through some of the edges below.
Use of BNB
Merchant payments
Traders around the world are planting their interest in Binance’s base currency to receive payments from their customers with the new crypto payment method.
Trading
First of all, BNB is open for trading BTC and several FIAT cryptocurrency pairs to ensure that you can trade and profit on several exchanges.
Travel reservations
Many new and established booking sites have shown great preference for crypto payments and accept BNB as a valid payment method.
Transaction fees
Binance Coin’s primary assistance was to act as an intermediary token that would serve as a discounted currency option on the Binance Exchange.
Burning Process – Binance Coin
Coin burning is a popular concept in the crypto world. Many cryptocurrencies have dedicated plans to manage their coin supply over a period of time by burning their original supply.
Creating a scarcity of real supply only results in price escalation, as the decrease in supply is directly proportional to the increase in demand. In accordance with Binance policy, the utility token has a system of redeeming its Binance coins using 20% of its quarterly profits.
This results in the permanent destruction of redeemed tokens. According to the Binance team, the utility token will continue to receive quarterly burns until it manages to halve the total token supply, i.e. 100 million BNB. Eventually, this will cause the value of Binance Coin to escalate.
Where to buy BNB?
BNB can be bought on several active exchanges around the world. If you are a resident of the United States, your options are limited to only reputable crypto exchanges licensed by the Securities and Exchange Commission.
Some of the common options include Coinbase and Binance. However, for residents outside the United States, there are several options other than the two listed above, including KuCoin, Huobi Global, Kraken, etc.
Litecoin (LTC)
Among the many cryptocurrencies that were formed as a later currency of the Bitcoin blockchain, Litecoin is one of the oldest cryptocurrencies. It came out in 2011 with the initial problem statement that Bitcoin was losing its sense of decentralization.
Because of this problem, developers have forked another cryptocurrency to ensure that the true definition of decentralization is not lost. Moreover, thanks to the successful fork, the cryptocurrency has become a welcoming platform for large mining companies. It’s a re-read LTC to take the lead in the world of mining.
Understanding the Structure of Litecoin (LTC)
As mentioned earlier, the main motive behind Litecoin was to ensure that there is no centralized system that moderates the blockchain system. The move to defeat enterprise-sized miners by turning decentralized systems into centralized control centers was successful when LTC introduced a unique encryption method.
To become a Litecoin miner, you need to prepare ASIC mining machines like those required for Bitcoin mining. You can then easily store the transaction information in a blockchain block and process it for verification.
Where to buy Litecoin?
Litecoin is one of the most popular and common cryptocurrencies due to its wide range of uses. It may be available for trading on various cryptocurrency exchanges. This makes it easy for clients to add the currency as a valuable asset to their portfolio.
For both types of crypto enthusiasts residing in the US or not, options like Binance and Coinbase are the easiest exchanges. These markets make it easy for investors to get their hands on Litecoin. However, if they are not available in your region, you can also explore exchanges like KuCoin, Huobi Global, etc.
to summarize
The world was always ridiculed whenever there was a discussion about meme pieces. Therefore, meme coins have not been able to mark their authority among the major utility cryptocurrencies in the global market.
However, with new cryptocurrencies like Big Eyes Coin and established currencies like Dogecoin and Shiba Inu, meme coins are finally getting the prominence and value they deserve. Hence our recommendation of Big Eyes Coin as a potentially fruitful option for your wallet.
More information about the project
https://bigeyes.space/
