Cryptocurrency is a unique digital currency that rewards active participants and observers. To make any real profit in the crypto market, crypto traders and investors must keep their eyes peeled for the next Bitcoin (BTC).
Those who fail to do their proper research are often caught with their pants down when the next coin peak and other investors are raking in their vast profits. With the proper research, investors can take advantage of this bear market and invest in the coins that show the potential to deliver significant gains. Two coins that should be on the radar of every investor are Cardano (ADA) and Big Eyes Coin (BIG).
Cardano (ADA) is a unique cryptocurrency that has been around in the crypto market for a couple of years. Created by Charles Hoskinson in 2017, Cardano was designed to provide a scalable and effective platform for crypto users. Cardano makes use of a proof-of-stake system called Ouroboros. Ouroboros assesses the contents of each digital wallet and the total sums added to the blockchain.
Cardano’s Settlement Layer, which houses user accounts and ledgers, enforces the protocol. The Cardano computing stack’s second tier handles the functionality of computing apps. Cardano has a double-layer blockchain technology that allows it to process a million transactions per second. With the fantastic features filled in the Cardano platform, many investors are choosing to hedge their bets with the crypto asset.
Big Eyes Coin (BIG) is the latest cryptocurrency that is looking to revolutionize the world. Big Eyes Coin is different from other meme coins as it is mined using the Proof-of-Stake algorithm. By using the Proof-of-Stake mechanism, Big Eyes Coin allows its users to stake their coins and create their validator nodes. The process of staking means putting up coins as collateral for use in transaction confirmation. This means the crypto coins are locked up while staked. Investors can then un-stake those coins when it’s time to exchange them. The staking process allows the blockchain to grow by adding new blocks without using any of the massive amounts of energy that the Proof-of-Work algorithm requires.
Although Big Eyes Coin might be an up-and-coming coin, BIG has made quite the explosion in the crypto market. The coin has raised millions of dollars in its presale, causing many investors to believe they made the right call, putting their money in the meme coin. It is incredibly secure as Big Eyes Coin makes use of the Ethereum (ETH) blockchain. More than the blockchain, BIG also took an extra step to assure security by contracting the platform up for auditing by Solidity Finance. The positive result also encouraged many crypto users to invest in the coin repeatedly.
By using the Ethereum (ETH) blockchain, Big Eyes Coin also operates using low carbon footprints, thus taking steps to protect our environment. To also protect the environment, BIG has also decided to donate 5% of its total tokens to organizations that are dedicated to saving water bodies. These unique features make Big Eyes Coin a favourable investment option for many crypto users.
Find out more about Big Eyes Coin (BIG) in the links below:
Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
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