Why are stablecoins DAI (DAI) and USD Coin (USDC) seeing increases in investors right now? At the time of writing, their market caps have both increased, whilst the rest of the market flounders. This is a question many prospective investors might scratch their heads over, given the downtrend of the crypto market following the FTX crash.

In this article, I will be looking at why stablecoins like DAI (DAI) and USD Coin (USDC) are so popular right now, as well as some of the reasons for the recent frenzy for up-and-coming meme token Big Eyes Coin (BIG).

What Are Stablecoins?

Stablecoins are cryptocurrencies that are pegged to a stable asset, such as a fiat currency or a commodity, in order to reduce price volatility. The goal of a stablecoin is to provide the benefits of a cryptocurrency (such as fast, cheap transactions) while maintaining a stable value.

Stablecoins are useful because they offer a way to store and transfer value in a stable manner, even in volatile market conditions. For example, if you are worried about the risk of volatility of a cryptocurrency like Bitcoin (BTC) in an unstable market, you could use a stablecoin instead. Stablecoins are also useful for carrying out transactions in which stability is necessary, like paying invoices, or salaries of employees.

In addition to their stability, stablecoins also offer many of the same benefits as other cryptocurrencies, such as fast, cheap transactions and the ability to transfer value peer-to-peer. This makes them a useful tool for conducting transactions and storing value in the cryptocurrency ecosystem.

Why Are DAI And USD Coin So Popular?

DAI (DAI) is a decentralised stablecoin that is collateralised by Ether (ETH), the native cryptocurrency of the Ethereum blockchain. It is popular because it is decentralised, meaning it is not issued or controlled by any central authority, and because it is transparent, with all transactions and reserve balances recorded on the Ethereum blockchain.

USD Coin (USDC) is a stablecoin that is issued by regulated financial institutions and backed by a reserve of US dollars held in a bank account. It is popular because it is fully collateralised by US dollars, which are a stable and widely accepted currency, and because it is issued by regulated financial institutions, which may provide some level of assurance to users. Whilst DAI uses a decentralised network of users with smart contracts on the Ethereum blockchain to issue its currency, USD Coin is issued by regulated financial institutions.

One key reason why many people prefer DAI over USD Coin is its transparency. DAI is completely transparent, with all transactions and reserve balances recorded on the Ethereum blockchain. On the other hand for USD Coin, the details of the reserve holdings and audit processes are not made publicly available.

Big Eyes Coin: The Hottest New Meme Coin

What is Big Eyes Coin (BIG), and why is it selling so fast? Investors are swarming to invest in Big Eyes Coin (BIG), a brand-new meme coin on the Ethereum network. Given that it sold over $13 million this past weekend, it is easy to see that its momentum will only grow.

Big Eyes Coin is in pre-sale and so right now operates outside of the crypto market. In a similar vein to stablecoins, holding Big Eyes Coin is a way of investing in cryptocurrency, whilst not getting exposed to volatility. Take advantage of the pre-sale to buy as much Big Eyes Coin as you can before it launches later this year. By picking it up at pre-sale price, not only will you be protecting your crypto investments from the market swings, but you’ll also maximise your potential gains!

Wrapping Up

One of the key reasons that Big Eyes Coin and other stablecoins like DAI (DAI) and USD Coin (USDC) are selling so fast, is that they are immune to the wild volatility of the crypto market, especially during a time of rampant uncertainty, fear and doubt of crypto’s future. Cryptocurrency is not going anywhere. Like the Internet revolutionised our world and gave us countless new possibilities and opportunities, cryptocurrency will do the same. During this bear market, have a look into stablecoins and pre-sale coins like Big Eyes Coin. You won’t regret it!

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Big Eyes Coin (BIG)

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The cryptocurrency market has had a tumultuous year, and most people are looking to close the year on a good note. Or better yet get off to a good start in the new year, and Big Eyes(BIG) and Polygon(MATIC) are two cryptocurrencies with the prospect of becoming huge in the coming year. Both cryptocurrencies give holders a decent position in the market despite irregularities.

Big Eyes(BIG) has been on the radar of most crypto enthusiasts for several months due to the traction it has built. Big Eyes first made the news when it raised $1 million in the first week of its presale. The meme coin is purported to be the next biggest thing in the crypto market, and it poses a lot of profit potential for those who can get in as early as possible. The presale has continued to move and has raised almost $12 million while looking to close out the round at a $13 million target. Hence, there’s still some room before this presale round closes.

Polygon(MATIC) is another cryptocurrency with huge prospects in the not too distant future. The narrative for the cryptocurrency is building beautifully as users expect the crypto network to push for maximum growth towards the next market bill run. Polygon has secured some impressive partnerships in the past several months, and the recently launched Donald Trump NFT trading cards chose Polygon as its preferred network.

Polygon (MATIC) Taking In Both Sides Of The Equation

Polygon(MATIC) is a layer-2 scaling solution on Ethereum created to help EVM blockchains perform better. The network has continued to grow since its launch and is among the most preferred networks across the DeFi and NFT market. It’s particularly preferred for the zero gas fee on the NFT market, and the almost zero transaction costs overall. A huge boon as the carbon tax enters and the cost of living bites.

Polygon is speculated to have high-profit potential towards next year and as the market begins to form healthily. In the past several months, the network has secured partnerships with web2 companies like Reddit, Starbucks, Meta, etc. It made the news that JP Morgan tested their first DeFi transaction on Polygon last month. The firm has a department for blockchain, and as other financial institutions begin to test their possibilities in the blockchain landscape, the mass adoption we all desire may begin to approach, and the profit is for early adopters to make.

Polygon, as a solution, is helping push the frontiers of web3 and other blockchain utilities. It could be a smart decision to be much earlier before the rest of the industry catches on.

Big Eyes Coin (BIG) Emerges Ready To Scale The Meme Charts

Big Eyes(BIG) is a new meme coin project primed for success as the presale has set some incredible milestones. The presale that started some months back raised $1 million in its first week and has now raised over $11 million in seven rounds. The presale stage is looking to close out at a $13 million target, and it would be smart to accumulate BIG tokens at this price before it launches.

Speculated to be as big as Dogecoin(DOGE), Big Eyes has built incredible hype and a solid community around its project. The memecoin aims to create a self-propagating ecosystem that leverages the utility it can build for the whole ecosystem while creating wealth for its community holders. Big Eyes will aim to create innovative DeFi features to help push this cause.

Big Eyes is also inspired by cat memes instead of dog memes like the predominant memecoins in the market. However, this unique approach seems to work fine for the project as it builds an interesting narrative and sets up a rivalry between Big Eyes and other dog meme tokens. Big Eyes has the dream presale for any emerging projects, and it allows early investors to make a profit and fast.

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Binance Coin (BNB) and Uniswap (UNI) are two of the primary tokens that crypto investors expect will experience significant price gains this year, despite the recent dip in the cryptocurrency markets. These two projects have a ten-fold potential for growth, but analysts also pointed out that Big Eyes Coin (BIG), a third cryptocurrency, has huge upside potential. In this article, we will discuss why Big Eyes Coin (BIG) might be one step ahead of all the new cryptocurrencies for long-term investment.

Binance Coin (BNB): Native Token Of The Exchange Growing

The Binance Coin (BNB) has seen a strong rise following the recent issue surrounding the crypto exchange FTX. Recently, it was discovered that FTX, one of the largest cryptocurrency exchanges in the world, was involved in insider trading and market manipulation. The allegations sent shockwaves through the Bitcoin community and incited a wave of skepticism and mistrust.

In the course of this issue, BNB earned a reputation as a haven for investors. BNB, the native cryptocurrency of the Binance exchange, has seen a significant rise in value recently. The impression of Binance as a more dependable and stable network than FTX may be a contributing factor to this.

It is a wise investment to hold Binance (BNB) in your portfolio. Trading on Binance offers discounts, and Binance tokens can be used to join various BEP-20 projects. If you have Binance tokens or BNB, you may easily invest in other cryptos and save money on trading fees at the Binance trading network.

Uniswap (UNI): Trade Ethereum-Built Assets Safely

Uniswap (UNI) is a cutting-edge decentralized project that allows buyers and sellers to trade and exchange Ethereum-built assets in a risky environment. To provide companies with liquidity without avoiding the monopoly imposed by big decentralized exchanges, Uniswap (UNI) was developed.

Users can transfer ERC-20 assets effortlessly via the Uniswap (UNI) interface, and there is no centralized authority to impose transaction limitations or hinder payments. Being an open-source project, Uniswap (UNI) is secure and private. This implies that the underlying code is open to criticism and alteration by the developer community.

The platform also makes it possible for users and developers to purchase money via the platform’s liquidity pools. They also profit when they add funds to a liquidity pool. There are various exchanges where the Uniswap (UNI) functional token, UNI, can be traded.

The most crucial characteristic of Uniswap is that it is a widely used community-driven protocol. The project’s creators designed the Uniswap token to act as the DAO’s currency for governance. Owners of tokens have the ability to vote on community initiatives, distribute funds from the community treasury, and provide feedback on the network as a whole.

Big Eyes Coin (BIG): New Cat On The Block

So far, the presale for Big Eyes Coin (BIG) has been successful in raising over $11 million. This shows how successful it can be and how well it can serve people’s demands for crypto. Big Eyes Coin (BIG) is a decentralized coin that possesses characteristics that set it apart from other tokens.

Many cryptocurrency enthusiasts become confused by Decentralized Finance (DeFi). However, Big Eyes Coin (BIG) can change this background by offering streamlined films and clear directions for utilizing DeFi. Users can learn and make money with this strategy.

Before making a purchase, crypto aficionados typically think about a token’s utility, which denotes quality. This is where countless meme currencies have failed, but Big Eyes Coin (BIG) wants to succeed. Big Eyes Coin (BIG) will provide income for the DeFi ecosystem, allowing it to run. Additionally, Big Eyes Coin (BIG) wants to protect ocean sanctuaries and aquatic habitats.

Big Eyes Coin (BIG) has promised to regularly host meme competitions where participants can display their digital artwork. These digital works of art would take the form of NFTs that could be purchased or sold online. It would not only increase involvement but also give its stakeholders a new source of income.

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2023 has already been a good year for the crypto market. The price of Ethereum (ETH) has increased by over 5%, Polygon (Matic) has increased by almost 4% and a new coin on the market, Orbeon Protocol (ORBN) has hit another high. Should prices continue to rise, this year could be the start of a new bull market for cryptocurrency.

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Ethereum (ETH) Surprises Holders With A 2023 Price Surge

Ethereum (ETH) started 2023 with a big win, increasing 5.37% in just five days after a year of monthly price decreases. Ethereum (ETH) is a decentralized open-source blockchain system with its own cryptocurrency, Ether. It was first released to the public in 2014 at a price of $0.311, though saw highs of $4,891.70 in November 2021.

Its native token, Ether (ETH) plays an important role in the DeFi market, being commonly used for NFT collections and transactions. With a multitude of applications, Ethereum (ETH) will likely increase in price over the next few years following the 2022 bear market.

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Polygon (Matic) Starts 2023 With a 3.83% Price Increase

Polygon (Matic) is a DeFi project designed to connect blockchain networks. It aims to solve many of the issues associated with Ethereum, including poor transaction speed and high fees.

When using Polygon (Matic), developers can launch tailored blockchains with attributes that meet their requirements. As the network has developed, Polygon (Matic) has allowed for further modules for specific functionality. Its native token, MATIC, has started 2023 with a small rise of 3.83%, which has many investors excited about what Polygon (Matic) has to offer in the upcoming year.

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Orbeon Protocol (ORBN) Nears End Of Stage 3 Presale On a Win

Orbeon Protocol (ORBN) is one of the fastest growing DeFi projects of 2022, increasing in value from $0.004 to $0.0435 since the presale began. As 2023 begins, analysts predict that Orbeon Protocol (ORBN) will further increase in value, hitting highs of $0.24 before the end of its presale.

Orbeon Protocol (ORBN) is outperforming other projects due to its unique use of DeFi technology. It bridges the gap between DeFi and startup investing, by letting retail investors buy shares in upcoming businesses.

In the current market, startups are only accessible to venture capitalists, who profit from their early investments before the business goes public. With Orbeon Protocol (ORBN)’s launchpad, everyday investors can buy shares in startups with NFTs.

Each NFT represents a share within the startup and can be purchased for as little as $1. To guarantee user confidence, Orbeon Protocol (ORBN)’s smart contract has been successfully audited by Solid Proof. In addition, users are protected when investing through a built-in “Fill or Kill” security mechanism. This mechanism refunds investors if their chosen startup fails to meet its targets.

Orbeon Protocol (ORBN) will also offer a swap, exchange, decentralized wallet and Metaverse in its ecosystem, all powered by ORBN tokens. Orbeon Protocol (ORBN) token holders are rewarded with a range of benefits such as voting and governance rights, trading bonuses, staking bonuses and access to VIP investor groups.

Although its still in its early stages, analysts predict that Orbeon Protocol (ORBN) could surge over 6000% in price in 2023, with early investors profiting the most.

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Telegram: https://t.me/OrbeonProtocol