The US Securities and Exchange crackdown is in full swing. Government regulators have issued multiple investigations and lawsuits on high-profile cryptocurrencies, including XRP and BNB.
Looming disaster for the tokens has led to massive sell-offs from investors. XRP owners Ripple sold off $336 million worth of XRP tokens, and now $3.8 billion worth of BNB was staked to farm SUI tokens—a new emerging cryptocurrency being labelled the ‘Ethereum Killer’.
Blockchains such as Sui (SUI), MultiversX (EGLD), and Big Eyes Coin (BIG) have become appealing choices for investors looking for safe investments to come out unscathed from the SEC crackdown—but what makes them different from XRP and BNB?
Sui: Foundationally DeFi
To create a fully decentralised blockchain platform and coin, the community must have complete ownership over the assets. Sui (SUI) is a DeFi Layer 1 blockchain that is built on this premise.
Using a delegated Proof-of-Stake (PoS) system, scaling SUI is achieved horizontally without high-energy demands problematic to global emissions that regulators are cracking down on. Instead, SUI users can benefit from low-cost fees and fast transactions.
Unlike BNB, Sui will support dApps with high efficiency to further expand decentralisation on the web to usher in a DeFi future for Web 3.0 that government regulators can’t control and limit.
MultiversX: Bringing DeFi to the Metaverse
MultiversX is also a DeFi blockchain network set out to pave the way for decentralisation for Web 3.0. However, MultiversX’s vision expands beyond DeFi by tapping into the virtual reality identity of Web 3.0 that experts label as the ‘Metaverse’, where the future of the internet is a virtual representation of reality.
Within MultiversX, there will be a virtual world covering the ecosystem of DeFi, NFTs, and Web 3—it will be fully interoperable where all types of DApps, cryptocurrencies, and blockchain platforms can operate together. Users can access portals in the world with an avatar to engage with apps, cryptocurrency, and users.
MultiversX users can make and spend money there, redefining the idea of ‘The American Dream’ to ‘The Metaverse Dream’ with endless possibilities to capitalise upon in MultiversX.
Big Eyes Coin: A Rich Web 3.0 Ecosystem
Big Eyes Coin harbours all the qualities investors seek with a DeFi, scalable, and Web 3-compatible coin. BIG plays upon the premise of ‘sharing the cuteness’ by creating cute themes for Big Eyes Coin that feels personable with users and represents what people want for the future of transactions that are fun, playful and, decentralised.
BIG quickly received social media buzz as a meme coin similar to Dogecoin. Still, Big Eyes Coin has incredible scope since it uses the PoS consensus mechanism to be scalable. It has created a charity wallet that will expand alongside the coin’s market value and aims to have 90% of its community owning BIG by launch on June 3rd.
The foundation for BIG is strong, but its scope further expands by creating a social NFT platform where the community can share, buy and sell their BIG digital assets. The project has plans to develop a rich ecosystem in the metaverse by launching a Big Eyes Coin casino with over 4,000 games and 14 play-to-earn games.
Investor Safety and Web 3 Compatibility
Investors feel safe in MultiversX and Big Eyes Coin for their community-driven approach, and their ability to be sustainably scaled and futureproofed with new-age technologies and concepts, including Web 3 and the Metaverse.
However, Big Eyes Coin goes the extra mile to please regulators and users alike. Its personable approach brings fun and light-heartedness to an industry plagued by corruption and scams.
For more on Big Eyes Coin (BIG):
Presale: https://buy1.bigeyes.space/?source=tekedia
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
OpenSea: https://opensea.io/collection/big-eyes-lootbox-cards
Twitter: https://twitter.com/BigEyesCoin