2023 Sees Market Volatility For Cryptos as March Beings: A Look at Three Great Portfolio Additions, Stellar, APECoin, and Big Eyes Coin

March is upon us, and crypto-savvy investors are in a dash for the top of the mountain, desperate to find the best bang for their proverbial buck. But with so much volatility in the market, where is a safe place to put stocks? In this analysis, we’ll examine three coins with a potential to 10x, if the circumstances allow. We’re talking about Steller (XLM), APECoin (APE), and Big Eyes Coin (BIG).

Stellar: Crypto on The Moon

One of the first forks of the Bitcoin protocol in 2014 was Stellar (XLM), which split off to form its own network. It is becoming a crucial token in the financial sector, providing non-DeFi institutions with the speed of blockchain transmission.

The Stellar Consensus Protocol, a modified proof of stake technique used by Stellar (XLM), aids in increasing network speed as compared to a proof of work approach. Users of Stellar can also assign their tokens and generate passive income from their investments thanks to the staking system.

Stellar (XLM) has been increasing in value, rising by more than 100% in January. On CoinMarketCap, XLM coins are presently selling for $0.093.

APECoin: Not Just Some Performing Monkey

APEcoin (APE), a gaming currency developed by Yuga Labs in January 2022, is expected to play a significant role in the upcoming Yuga Labs game. When the game debuts, the token stands a good chance of blowing up and experiencing the significant rally that its owners have long desired. The bear market surge ended the Bitcoin run at launch. APE, however, had one of the greatest performances in the first quarter of 2022. The NFT ecosystem’s Bored Ape Yacht Club, Mutant Ape Yacht Club, and other connected collections comprise one of the most valuable communities powered by the token. The token was released as an airdrop to the community’s core members, with certain allocations having a value of several thousand dollars on launch day.

Big Eyes Coin: The Cat’s Out The Bag (And The Bag’s In The River)

In the past several years, cryptocurrencies have experienced incredible growth. The use of cryptocurrencies has skyrocketed, taking over a sizable portion of the market. One of them, a brand-new meme coin called Big Eyes Coin (BIG), has already generated buzz during its pre-launch stage. The coin has demonstrated its probability to succeed with more than $30M raised in its single presale.

What is it about Big Eyes Coin specifically that has quickly raised its value to such a high level? The success of the coin has been attributed to a number of factors, including a sizable fan base, a capable development team, and cutting-edge blockchain technology that guarantees privacy and security.

The “Proof of Attention” (PoA) consensus process, which honors users for energetic network activity, is one of Big Eyes Coin’s key characteristics. This process is more secure and energy-efficient than the conventional “Proof of Work” (PoW) and “Proof of Stake” (PoS) techniques used by the majority of other cryptocurrencies.

The speedy transaction confirmations offered by Big Eyes Coin are one of its most popular features. Because of the meme coin’s short transaction time, token holders may easily conduct routine transactions and micropayments

The Big Eyes Coin team seems to be moving in the right direction. Despite recent success, the team keeps pushing forward with efforts to advance technology and expand the community. It intends to introduce smart contract functionality as well as a decentralized exchange soon. The coin might become more enticing to consumers and investors by gaining new features and capabilities.

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None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.

Robbie Kenllis

Published by
Robbie Kenllis

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