Since blockchain technology and cryptocurrency debuted on the world scene, many crypto launches have ushered cryptocurrencies that emerged as favorites for holders and traders. Today, we have Big Eyes (BIG).
Big Eyes (BIG) is a new cryptocurrency project built on the Ethereum (ETH) blockchain. It seeks to build a massive community to dominate the cryptocurrency market charts.
This article explores how Big Eyes (BIG) stands against perennial crypto heavyweights Cardano (ADA) and Ravencoin (RVN).
Cardano — The Next-Generation Blockchain
When network congestions and overcrowded servers plagued several blockchains, many users immediately sought a blockchain solution for quicker transaction processing and lower gas costs.
Launched in 2017, Cardano (ADA) addressed this issue with its hybrid protocol and innovative blockchain model, quickly rising to the top of users’ preferences in the cryptocurrency market.
Cardano’s setup allowed for quicker transactions and a less congested network. The blockchain has two layers: a settlement layer for compiling and “settling” wallets and ledgers and a computation layer for carrying out user transactions.
The Cardano (ADA) network deployed Ouroboros, a proof-of-stake (PoS) consensus protocol, ensuring energy efficiency in processing and storing transactions. As a result, the platform runs faster and charges lower transaction fees.
This insures Cardano’s top 10 crypto rank, as the network holds a market cap of over $12 billion at the time of writing, the 8th largest in the cryptocurrency market.
Ravencoin — Encouraging Blockchain Adoption
Ravencoin (RVN) was launched as a Bitcoin (BTC) fork in 2018 to make it easy for anyone to create and transact digital assets decentralized, thanks to its peer-to-peer blockchain.
As a result, cryptocurrency holders have total control over their funds and are independent of other institutions.
Ravencoin’s native token is RVN. It operates on the Proof-of-Work (PoW) consensus mechanism and secures the crypto platform.
It uses an RVN wallet known as MangoFarmAssets, with a tokenized version available on the BSC, which can be used for borrowing, lending, and trading on a decentralized finance (DeFi) application.
One of the distinctive value propositions of Ravencoin (RVN) is that it can be mined with comparatively fewer mining requirements, enabling people to mine Ravencoin (RVN) tokens using desktop and laptop computers.
Big Eyes — New Meme Coin
Big Eyes (BIG) is a new memecoin with huge prospects and garnering a massive following. Its fast-selling pre-sale is already in stage five, generating over $8.5 million so far. However, Big Eyes (BIG) isn’t only community hype and pre-sale.
Big Eyes’ (BIG) developers plan to establish an NFT marketplace, Sushi Crew. The NFT marketplace will offer NFTs minted by the developers for sale and allow users to mint and manage theirs on the crypto platform.
NFT transactions will be free of charge, a move by the developers to eliminate high transaction fees associated with the Ethereum (ETH) blockchain.
Big Eyes Coin (BIG) is also concerned about protecting the environment, especially the oceans. The developers have created a wallet with 5% of the initial token supply and will use that wallet to make recurring donations to several charities that work to save marine life in the ocean.
The Big Eyes (BIG) community can also look forward to the project’s release of its ERC-20 token, BIG, on major DEXs, which will help it gain more traction with a wider audience. The initial launch with Uniswap (UNI) will significantly boost BIG’s price.
Cardano (ADA) and Ravencoin (RVN) have undoubtedly established themselves as top cryptocurrencies. However, the recent crypto collapse has impacted them significantly.
As a result, experts began seeking better alternatives, particularly newer cryptocurrencies like Big Eyes (BIG). Experts believe that with its clear roadmap, Big Eyes (BIG) can reach the top, offsetting Cardano (ADA) and Ravencoin (RVN) in the process.
With an ongoing pre-sale, Here’s your chance to join the next big cryptocurrency favorite as its pre-sale nears completion.