The crypto market is expected to get better as the year progresses. This means crypto enthusiasts can be optimistic about some altcoins making impressive rallies during the second quarter and beyond. Upgrading your portfolio in anticipation of these good times may turn out to be a smart decision, especially if you’re lucky enough to get the right purchases.
However, the crypto market isn’t solely on luck. Personal analysis and research, keeping up with market trends and news, and applying necessary risk-mitigating factors are other things that go hand in hand with your luck. With these things in place, you can consider Big Eyes Coin (BIG), Waves (WAVES), and Compound (COMP) for purchase. The altcoins look promising and could make significant impacts in your portfolio.
Waves (WAVES) Could Impress in the Coming Months
WAVES is an Erc-20 token performing utility functions on the Waves blockchain network. It powers all activities in the protocol and facilitates transactions and rewards for holders. It performs the functions expected of a conventional utility token on the platform while being a medium of value exchange outside the network.
Waves (WAVES) is a tradable crypto asset with an uncapped supply. It was one of the crypto assets with great resistance to the crypto winter effect during the initial phase of the winter plague. However, the crypto asset later suffered a dump in price, declining dramatically from its $62 all-time high.
However, the crypto asset hasn’t lost its momentum totally. It has started the new year impressively, recording a significant increase since the beginning of the year. The crypto asset is expected to keep up with this run and may likely yield greater returns before the end of the year.
Compound (COMP) Expected to Perform Well with Increasing Adoption of Crypto Lending and Borrowing
Compound is one of the leading liquidity protocols that support the lending and borrowing of crypto assets. The wide acceptance of the concept has positioned Compound for increased prominence and adoption, and it’s now poised for a better run in the coming months. Analysts have tipped the Compound token (COMP) as a profitable Q2 purchase with expectations that it may yield returns before the end of the year.
Compound is an Ethereum-based protocol where users can gain interest on their crypto asset by lending and earning rewards through liquidity provision. Users can leverage the decentralized protocol to enjoy DeFi benefits satisfactorily. It is a safe platform with optimum accountability. Users can gain governance rights by leveraging the Compound token (COMP), enabling them the right to vote and access exclusive information about the platform.
The DeFi platform leverages an in-built smart contract to facilitate automated lending and borrowing of crypto assets. Lenders get cToken when they fund the platform’s liquidity pool, which reflects their stake in the pool. It cToken is used to redeem their stake plus interest when the time is right. Analysts have found Compound token (COMP) impressive in recent times, and it may improve on its good run soon, making it a good option to consider for portfolio upgrade.
Big Eyes Coin (BIG) The Next Big Thing In The Cryptosphere
Big Eyes Coin is preparing to launch on UniSwap and other major exchanges soon as its presale nears completion. The cat-theme token has had nothing short of a successful presale, and it looks likely to continue its run when it launches in the market. Many have tipped it to inspire other cat meme tokens, like Dogecoin inspired dog tokens, if it eventually becomes as successful as predicted.
Big Eyes Coin has utility in the DeFi ecosystem, with real-life intervention in protecting aquatic lives and making the water bodies safe. The community-owned meme coin aims to provide wealth for community members through numerous incentives and wealth-generating opportunities.
The crypto project’s NFTs collection is one means community members can leverage to increase their wealth. The NFTs are billed to become valuable in the future, and holders can expect huge returns. The same goes for the Big Eyes Coin (BIG), which is fast selling out on presale. You should join the presale now before it ends.
Big Eyes Coin (BIG):
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL