The cryptocurrency market is highly volatile due to the frequent price changes of various cryptocurrencies. During the bear market, the value of the most popular cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and others, dropped dramatically. However, Meme coins, another sort of cryptocurrency, made a huge resurgence over other types of cryptocurrency, such as Sandbox (SAND) and Maker (MKR), in the first few months of 2022.
Meme coins, a different kind of cryptocurrency, have seen a rise in popularity recently. Meme cryptocurrencies are digital currency that takes their aesthetic inspiration from internet memes. The new meme coins or tokens being introduced to the cryptocurrency market, however, have several advantages over their predecessors. One such example is the Big Eyes Coin (BIG).
Big Eyes Coin (BIG): a Unique Meme Coin that Interacts With Its Community
As an unusual but lovable character, Big Eyes aims to show the value of friendship in its community, save the ocean and make multiple profits. The development of blockchain technology and decentralized currency, as stated by Big Eyes, will not occur in a vacuum or space. This can only be accomplished by open dialogue and the exchange of information. To move forward, Big Eyes is the one who thinks these concepts should be discussed freely.
Big Eyes additionally promises its users that the community will not impose any fees or taxes on their transactions. Holders of the Big Eyes Coin (BIG) cryptocurrency (Big Eyes’ native token) can transact on the platform without dealing with any problems relating to transaction fees because of the high value of the community it serves.
The Big Eyes ecosystem is hosting a contest for token holders to help bring their ideas to reality using the network effect token (NFT). Thanks to the challenge, interest in the Big Eyes Coin will increase. To increase the value of Big Eyes Coin (BIG) and contribute to the growth of the Decentralized financing (DeFi) Ecosystem as a whole, the coin’s creators plan to use social media to spread the word about their project, generate buzz about the cryptocurrency, and recruit new business owners to the platform.
The Sandbox (SAND): The Token of the 3D Metaverse Game Built on the Ethereum Blockchain
In 2011, Pixowl published The Sandbox in an attempt to develop a mobile game platform that may rival Minecraft. More than forty million people worldwide have downloaded Sandbox since it was first made available. The inventors of Sandbox, Arthur Madrid and Sebastien Borget, 2018 chose to expand the project’s goals by looking toward creating a 3D metaverse on the blockchain. This project aimed to give users a way to claim ownership over their creations and be compensated for their contributions to the ecosystem in the form of non-fungible tokens (NFTs).
Players in the popular 3D “metaverse” game, The Sandbox, can use the game’s native cryptocurrency, The Sandbox (SAND), to purchase plots of land and construct monetarily viable buildings on the Ethereum network. To further expand the potential for financial gain, all items created in The Sandbox belong to the player.
Maker (MKR), The Decentralized Token
Maker (MKR) is the token used on the Maker platform, which was created by Rune Christensen and is based on the Ethereum DeFi lending platform. Users can lock ether in smart contracts to mint Maker’s Dai stablecoin. Decisions of significance, such as protocol improvements and creating a Decentralized Autonomous Organization (DAO) composed of MKR token holders, are made by MakerDAO.
The Maker protocol makes Maker work; a group of developers created it in the Maker community and the Maker Foundation, and it’s freely available to anybody. The Maker Foundation has handed over project management to MakerDAO, a Decentralized Autonomous Organization (DAO) that grants holders of MKR the right to vote on and implement protocol upgrades.
Big Eyes is unusual in that it is a cryptocurrency that provides incentives to its users for engaging in its community activities. Big Eyes is the future cryptocurrency because it values users’ opinions and feedback.
Big Eyes Coin (BIG)
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