Cryptocurrencies plummeted even lower this week as the FTX disaster continues to unfold, affecting the cryptocurrency market and deepening the crypto winter. Investors continue to worry about how deeply FTX’s rot has permeated the industry, resulting in a general decrease in faith.
This week, previous market leaders Polygon (MATIC) and Stellar (XLM) are experiencing a price decline; the crypto market has now turned to a trending meme coin- Big Eyes Coin (BIG).
This article provides a deep dive into what makes Big Eyes Coin (BIG) the ideal crypto for this Christmas.
Polygon: Up And Up
Polygon (MATIC) is the 11th most valuable cryptocurrency by market valuation and one of the most widely used blockchain networks for Ethereum scaling as well as infrastructure development.
Polygon (MATIC) has been climbing in price since plunging to a low of $0.34 in June, following the May market crisis. The price of Polygon (MATIC) surpassed $1 on August 14, and it has been generally within this range since then.
Flipkart, one of India’s major e-commerce platforms, has announced a strategic relationship with Polygon, an Ethereum layer 2 scaling protocol. Flipkart, which is 77% owned by Walmart, announced in a press release that the collaboration will result in the establishment of a Blockchain-eCommerce Centre of Excellence (CoE).
Polygon (MATIC) has increased by almost 17% in the last 30 days. Polygon (MATIC) is presently trading at about $0.8232, down 72% from its all-time high (ATH) price of $2.92, according to CoinmarketCap statistics. The blockchain platform recently made headlines when PAXO Finance, a decentralized currency market, and investment lending protocol, launched its Alpha Mainnet on Polygon.
Stellar: Send And Sell Almost Anything
Stellar (XLM) is a global payment and transfer platform based on blockchain technology. Surprisingly, this open-source network is inextricably linked to fiat currencies. It outlaws the exchange of gold-backed cryptocurrency. It does, however, facilitate NFT sharing. Lumens (XLM), the ecosystem’s native token, is used in a variety of ways across the platform.
Stellar (XLM), which debuted in 2014, is a decentralized payment network capable of processing up to 5,000 transactions every second. Stellar has collaborated with IBM on its Hyperledger initiative to ensure the long-term stability of the network and currency.
Stellar (XLM) enables anyone to send and receive not only cryptocurrency but also other digital assets and fiat currencies. It is excellently positioned to spearhead the shift into the mainstream, thanks to its basic layout that attracts new users daily. Stellar has created an open money network that is not reliant on enterprises and gives its users complete authority as well as the ability to manufacture, send, and sell almost anything.
Transfers to any location in the world are feasible with the Stellar (XLM) initiative, which also serves clients who do not have a bank and provides opportunities in other cryptocurrencies.
Big Eyes Coin: A Ongoing Success Story
Big Eyes Coin differentiates itself as a community-oriented platform that works hard to pique the attention of its members in the project. The presale has, so far, raised more than $11 million, thanks to the community’s support.
The proposed NFT club launch aims to provide more benefits to BIG community members because the platform allows for the production, transfer, and trade of NFTs.
The token is first and foremost concerned with its user community, and its whitepaper states that it is committed to driving money into the decentralized finance (DeFi) industry. Decentralization will be at the heart of the ecosystem, with each user contributing to the Network’s development as long as they possess the native token, BIG.
Users will be able to use the BIG token to gain access to benefits such as Big Eyes Swap, a non-custodial decentralized exchange, Big Eyes Coin NFT Marketplace, and the Big Eyes Sushi Club, which offers a special club for NFT holders.
The Big Eyes Coin (BIG) ecosystem aims to be immersive and valuable to the entire world, not just the cryptocurrency community. This is demonstrated by the network’s commitment to ocean preservation programs, for which it has reserved 5% of its token supply.
Use the code for a BIG bonus: BIGG0954
For More Information On Big Eyes Coin (BIG) :
Join Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/#signup
Telegram: https://t.me/BIGEYESOFFICIAL
