Cryptocurrencies have emerged as a viable alternative to traditional financial instruments. A key USP of blockchain-based assets is their reduced dependence on service providers like clearing houses and escrow agents, which enables the investor to have more control over the investment process. If you are still learning the ropes of cryptocurrency investment and are wondering how to select dependable options, most experts suggest starting with research. You can draw a list of some of the top performers like Big Eyes Coin (BIG), Tron (TRX), and Aave (AAVE), compare them, and then make an informed decision.
Big Eyes Coin: Taking the confusion out of DeFi protocols
Big Eyes is an upcoming meme coin that has been designed with the foremost goal of helping more investors to switch to decentralized finance (DeFi) protocols to boost their portfolios. It has been working towards making its platform a user-friendly one where users can access extensive resources to gain knowledge about not just the platform, but also blockchain technology.
Its native token is represented by the ticket symbol BIG and it facilitates transactional uses like staking, liquidity management, distributing rewards, and trading non-fungible tokens, among others. The Big Eyes team has capped the token supply at 200,000,000,000 units and 90% of the tokens will be made available for purchase on presale for interested buyers.
To purchase the BIG Token on presale, one of the first things that potential users need to ensure is that they have ample BNB or ETH Tokens for the transaction. For instance, users must have at least ETH Tokens worth $15 to buy the minimal admissible amount of BIG Tokens. If they don’t have these cryptocurrencies, then they can use their debit or credit card to purchase the ETH or BNB coins and then use them to buy BIG Tokens. Next, their digital wallet must be activated and compatible with Wallet Connect. For an optimal experience, desktop users are recommended to use MetaMask, while those using mobile browsers can opt for Trust Wallet. In the last step, all users have to do is select the payment method and make the payment. The tokens purchased can be accessed on the claims page after the presale ends.
Big Eyes’ plans include rolling out an NFT series where users will be able to trade them at attractive events and regular events. Plus, the platform would be giving away BIG Tokens and NFTs as rewards for participation.
Tron’s TRX Token surges by 19%
Tron is a leading decentralized exchange for buying, selling, and swapping cryptocurrencies. One of the popular features of the network is its blockchain explorer TRONScan, which not only supports the generation of tokens but also supplies data for on-chain queries. Plus, the platform has on offer a set of niche tools that developers can use to build highly functional dApps. Its native token is TRX and it is used for all transactional purposes on the platform. The TRX token recently hit headlines after its market price surged by 19% and was trading at $0.054 on December 2. The increase in the token price comes after it plummeted in November following the FTX crash.
Aave V3 siloes risks: Aave founder
Aave is an open-source liquidity protocol where users can borrow and lend assets like cryptocurrencies. Users also get to supply assets to Aave’s liquidity pool and watch them grow with the network. They can look forward to earning regular interest on these assets. It’s native token AAVE is useful in facilitating all these transactions. Recently, Aave founder Stani Kulechov talked about Aave V3 in a Twitter post and said the protocol paves the way for states where risks are siloed by listed assets in isolation mode. Hence, an asset can now be listed only if it is being borrowed against stablecoins or for unlocking listings for other assets.
Many cryptocurrency analysts have praised the Big Eyes platform for its unique utilities. Be it its higher growth potential, efforts to make the DeFi ecosystem more accessible, or a robust economic model, analysts feel it is well positioned to grow its investor base in the near future.
Learn more about the Big Eyes Coin:
For bonus tokens, use the code SUSHI261 when making your Big Eyes purchase