The total crypto market volume has seen a rise of 35.54% to $54.32 billion in the last 24 hours, an indication that the cryptocurrency market is emitting a positive outlook for the remainder of February and possibly the whole of 2023. At the time of writing, the global market capitalization stood at $1.06 trillion.
Now with 2023 illuminating a bullish outlook for the crypto market following the near collapse of the crypto market in late 2022 caused by the crash of FTX, investors may look towards dipping their toes in much newer currencies like Big Eyes Coin (BIG) to further their returns while others like ApeCoin (APE) and Stellar (XLM) look to expand their gains.
Big Eyes Coin, The Coin Tossing Up 2023
What it calls ‘an irresistibly cute community-owned token’, Big Eyes Coin (BIG) so far has been unfazed by what was experienced in November 2022. Now in its 10th stage, Big Eyes Coin looks to be in a remarkable position having already raised $23.5 million in presale tokens. Its presale, which has been called the most successful Initial Coin Offering (ICO) in 2 years, is pretty much the synopsis that Big Eyes Coin is poised to become the next big meme token in the crypto market.
The cat-based meme token which has been built on the Ethereum Network is also a large contributor to the environment. In a bid to tackle climate change, Big Eyes Coin has employed its Proof-of-Stake (PoS) consensus to eliminate crypto mining, which is a key function in the crypto world but one which also contributes heavily to millions of carbon emissions to the atmosphere. Similar to its ambition to protect the air we breathe, Big Eyes Coin has also placed its ocean conservation efforts high above in its roadmap which pledges to allocate 5% of its total token supply to be donated to several ocean-saving charities.
The meme token also offers a variety of benefits and fun activities for all investors to partake in. For example, the Big Eyes Coin team has introduced a tail-raising initiative called “The Sushi Crew”, a club for Non-Fungible Tokens (NFT) holders who wish to access more content and events that make the blockchain hype ship well worth boarding.
With its whitepaper detailing its roadmap, the question is not about whether Big Eyes Coin will be the next big meme coin in the crypto market, it is merely about when.
ApeCoin, Where it Stands
ApeCoin is an ERC-20 governance and utility token launched on the Ethereum blockchain used within the APE Ecosystem to empower and incentivize a decentralised community building at the forefront of web3. As a result, it is secured by Ethereum’s proof-of-work (POW) consensus mechanism.
While 62% of all ApeCoin was allocated to the Ecosystem Fund, which will support community-driven initiatives, it also gives access to certain parts of the Ecosystem that are otherwise unavailable, like exclusive games and services.
At the time of writing, ApeCoin ranked 30th in the cryptocurrency market and was priced at $5.69. It had a market capitalization of just over $2 billion and a 24-hour trading volume of $111 million.
Stellar, The Easy Crypto
Stellar (XLM) is a peer-to-peer (P2P) decentralised network created in 2014 is designed to move financial resources swiftly and reliably at a minimal cost. Stellar links people, banks, and payment processors and allows users to create, send and trade multiple types of crypto.
XLM acts as an intermediate currency for operations and is also used to pay transaction fees. In layman’s terms, the protocol converts money in a few seconds, first into XLM, and then into the requested currency as well as an open network that allows money to be moved and stored.
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