2022 proved to be a difficult year for the crypto landscape and cryptocurrency investors alike. As we move into 2023, many investors and analysts are looking forward – to a potential bull run, as well as means to safely preserve their money in this current bear market.
This article will explore two key options investors have been using during the past few months. The prevalence and rise of stablecoins – coins that are, unsurprisingly due to their name, generally stable in value – and meme coins as means of preserving and even creating wealth is one well worth taking note of. The stablecoin Tether, more commonly known by its ticker symbol $USDT, and Big Eyes Coin ($BIG), are proving to be two astute investments for 2023 and beyond.
Tether Token: Widely Used And Traded, And For Good Reason
Tether token ($USDT) is the most widely used and traded stablecoin, placing third on most coin market charts, just under giants Bitcoin ($BTC) and Ethereum ($ETH). And there is a good reason for that. In a market that is currently very volatile and where prices dip and fluctuate within windows as short as four hours, Tether token offers stability and safety in preserving wealth within the cryptosphere. Stablecoins are pegged one-to-one with a fiat currency and therefore offer secure, volatile-free entrance and exit from the crypto markets. USDT is also widely accepted and traded, meaning it is easier to trade stablecoins for other cryptocurrencies than it would be using traditional fiat currencies. Using stablecoins like Tether, users can trade on decentralized exchanges (DEX) and benefit from DeFi in general. In short, stablecoins offer the best of both worlds: the stability of fiat currencies, paired with the innovative blockchain technology of cryptocurrencies.
But why Tether token? The more widely traded a stablecoin is, the more doors it can open, simply put. This means USDT can be used for an array of different transactions, including purchasing over cryptocurrencies, which we will explore in more detail in the next section.
Big Eyes Coin: Why This Meme Coin Has Grown Despite The Bear Market
The latest and arguably hottest meme coin, Big Eyes Coin, has benefited greatly from the prevalence of stablecoins in the crypto landscape at the moment. The Big Eyes project has seen an influx of $BIG token purchases using stablecoins, and for good reason. Whereas some investors are happy keeping their wealth stored in stablecoins, many others look towards the next bull run, where they expect Big Eyes Coin to do remarkable things.
Whereas stablecoins offer safety in stability, Big Eyes Coin is expected to create serious wealth within the DeFi sector as its price shoots up. Currently working through its presale stages, it has raised over $12.5 million, which is remarkable in this bear market. Big Eyes Coin offers more than just meme fun, too, but offers utility within the NFT market and aims to bring wealth into DeFi.
The Big Eyes NFT marketplace will allow users to trade, sell, and buy Big Eyes NFT, and will be named the Sushi Crew. It will also allow users to gain access to exclusive content within the Big Eyes ecosystem.
The Big Eyes team also set out to make serious charitable donations, creating a dedicated charity wallet that keeps 5% of all BIG tokens. Their focus will be on the conservation of our planet’s oceans and marine life, as well as reforestation initiatives.
Because Big Eyes Coin is in its presale stage, it is far cheaper than it will be once it launches fully and begins trading on UniSwap. To buy into it, follow the steps detailed on the Big Eyes website (linked below), or by following the button below. Use exclusive code BIGsave636 when purchasing from this stage of the presale for BIG bonuses and discounts!
For All Things Big Eyes Coin, Follow Below:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
