For over a decade, cryptocurrencies such as Litecoin and XRP, which have been around for a while, have experienced several challenges, including market downturns, regulatory scrutiny, and technological advancements. Despite these challenges, they have remained resilient and have played an essential role in the cryptocurrency industry.
The newly launched Big Eyes Coin seeks to replicate the resilience and impact of these established cryptocurrencies. Therefore, it is worth exploring the topic of legacy cryptocurrencies in more detail.
The Legacy Of Litecoin
In 2011, Litecoin (LTC) was launched as a cryptocurrency that could offer faster and cheaper transactions than Bitcoin. Mining Litecoin typically involves specialized hardware, and the cryptocurrency undergoes a halving event after every 840,000 blocks to decrease the rate of new Litecoin issuance. A notable occurrence in the history of Litecoin was the creation of a fork called Litecoin Cash, which aimed to reduce transaction fees and increase the block size limit but failed to gain significant adoption. Nevertheless, Litecoin is widely used and accepted, with Litecoin BitPay being available since 2018.
Currently, LTC is valued at $91.37, showing a 3.46% decline, and has a market capitalization of $6.63 billion as of Thursday.
XRP’s Crypto Legacy
XRP, like Litecoin, is a cryptocurrency that has a long-standing legacy. Its launch in 2012 made it one of the earliest digital currencies that aimed to enhance cross-border payments by providing faster and more efficient transactions.
Currently, XRP is facing a lawsuit battle against the SEC, which accuses the crypto of being an unregistered security. In August 2022, a member of the XRP community filed a FOIA request for communication records between the SEC and JP Morgan concerning Ripple Labs and XRP. However, the FOIA request is facing delays, indicating that an XRP win may still be distant.
The long wick on the April 5 candlestick indicates that sellers are posing a significant challenge to the bulls near $0.53. On Thursday, XRP’s price was at $0.49, down 4.14%, with a market cap of $25.77 billion.
June 3rd Marks The Closing Of Big’s Presale
Big Eyes Coin, a unique meme token, has been conducting its ICO since August last year and has raised a staggering $33 million in presale. It is currently almost hitting stage 13, and it has been announced that the presale will come to an end on June 3, 2023. Originally, the plan was to launch the token after reaching its presale goal of $50 million. However, due to Kitty Cuddlers’ plea for the token to launch earlier, the BIG team decided to launch earlier than planned. This presents a challenge for those who are still enjoying the various benefits of BIG while being great news for Kitty Cuddlers who have been patiently waiting to withdraw their assets. To celebrate this milestone, BIG is offering its loyal users a special gift, the BULLRUN250, a 250% bonus for every purchase. In addition, BIG is hosting a $BIG competition where two winners can win a whopping $100k.
Recently, the token introduced its NFT Loot Box trading cards, which can now be collected, minted, and traded on OpenSea, demonstrating its tremendous potential. However, the official cryptocurrency launch of Big Eyes Coin is yet to be announced.
The Dream Of BIG
The team behind Big Eyes Coin, while they acknowledge the token being fairly new in the arena, hopes that it will mirror many of the legacy tokens’ attributes and at the same time prove why it’s a worthy crypto investment.
Follow Big Eyes Coins’ Official Pages
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
