Many investors, even the new ones, look at the bigger tokens to purchase, which are Bitcoin (BTC) and Ethereum (ETH). However, altcoins like Big Eyes Coin (BIG), Solana (SOL), and Polkadot (DOT) might become more popular as institutional investors move beyond Bitcoin and Ethereum.
Coinbase Exec Implies Institutional Investors are Ditching BTC & ETH
In a recent live stream, Coinbase’s Head of Institutional Research David Duong told crypto analyst Scott Melker that institutional investors are looking to purchase crypto assets other than Bitcoin and Ethereum.
If institutional investors increase their interest in purchasing alternative coins, the crypto community may see more diversification in months to come. This could have a positive impact on the whole market, and investors might start considering other altcoins as well, such as Big Eyes Coin.
Big Eyes Coin: a Rising Star in the Crypto Market
Big Eyes Coin has yet to be listed on an exchange, but as its presale continues to succeed, many investors are flocking to this new token.
So far, the digital asset has raised $31 million, and BIG tokens are selling fast!
A huge part of Big Coin’s presale success is its supportive community, the Cat Crew, which grows bigger by the minute. This engaged and active community is not just coin and cat lovers but also lovers of the environment.
The digital coin promises its supporters that 5% of its total supply will go to its Visible Charity Wallet. The amount of money collected will be donated to ocean-saving charities. This means investors are investing not only in generating wealth for themselves but also in saving the environment.
As a way to thank the Cat Crew, Big Eyes Coin will offer regular giveaways, which include tokens, NFTs (non-fungible tokens), and more rewards. It also promises its community that it will be the first to hear news about Big Eyes’s future events.
Solana Blockchain Down Due to “Network Issues”
Solana investors were confused and alarmed when the digital asset’s blockchain unexpectedly halted almost all transactions. Many were enraged while SOL’s engineers and developers tried their best to investigate the issue.
Solana’s Head of Strategy Austin Federa addressed the network’s outages at the ETHDenver conference, saying that there was “no specific root cause analysis” from their team of engineers.
Nevertheless, Federa reassured the community that they are striving to create a faster ecosystem within a span of a few months in contrast to Ethereum’s network, which took years to develop.
Polkadot Maintains Less Risk for Investors
Meanwhile, Polkadot is observed to have a moderate volatility rank, according to InvestorsObserver.
The website’s Volatility Gauge implies that it is still too early to predict whether the digital asset’s rank will rise or fall. Meanwhile, their Risk/Reward Gauge shows that the token has moderate price swings and is far from falling to price manipulation.
DOT has seen a massive decline of 10.36% in 7 days and is currently priced at $5.94 as of March 5th.
Big Eyes Coin, Solana, and Polkadot are just three of the many altcoins in the crypto market. Some altcoins may face blockchain issues while others may have their prices down in weeks. It is up to you to choose which coin you would like to put your trust in as well as its community.
If you want to take a break from market volatility, check out Big Eyes Coin’s presale and discover future benefits for early investors. Visit their website or social media:
Big Eyes Coin (BIG)
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
