Most cryptocurrency users have had difficulty determining which coins should be traded and which should be held since the beginning of the market crash. The current bearish market trend has negatively impacted most token values in the cryptocurrency market.
Therefore, you must carefully select which coin to buy to protect and increase your crypto investments. We take a look at three of the most talked-about coins that financial experts believe will see you through the downturn: Cardano (ADA), Polygon (MATIC), and Big Eyes Coin (BIG).
Cardano (ADA) One of The Top Coin Platform
Charles Hoskinson, also one of the co-founders of Ethereum, developed the Cardano (ADA) network in 2017 to provide users of cryptocurrencies with a more scalable and efficient platform than the Bitcoin and Ethereum platforms that were already in existence.
Ouroboros, Cardano’s proof-of-stake mechanism, verifies the contents of digital wallets and the total amounts recorded in the blockchain. Cardano’s Settlement Layer, where user accounts and ledgers are kept, is where the protocol is implemented.
The Cardano computing stack’s second layer is responsible for computing apps’ functionality. Cardano can process up to a million transactions per second because of the double-layer blockchain concept.
Cardano (ADA) has rapidly grown in popularity since its inception in 2017, and it is now one of the top coin platforms in the cryptocurrency market. In addition to being utilized as a means of exchange, it is also commonly used as a cryptocurrency wallet.
Polygon (MATIC) The Blockchain Solution
Polygon is the first of a new series of blockchain solutions that will enable older, less efficient blockchain networks to maintain stability and perform at peak efficiency. Polygon is an example of a side chain, meaning it was built to complement the main Ethereum blockchain. Thanks to the side blockchain, the Ethereum network can process more transactions in less time.
The Polygon network allows users to conduct transactions using Ethereum assets after converting them to Polygon tokens. Depending on their plans for the future, they may choose to place their Polygon tokens back into the Ethereum network.
In the cryptocurrency market, this interoperability facilitates less cumbersome and quicker trading. Make sure your app is compatible with Polygon swaps; otherwise, you could end up paying a lot for gas during the transaction.
Big Eyes Coin (BIG) The New Meme Coin
A new meme token called Big Eyes Coin (BIG) has been developed on a private blockchain with the community’s interests in mind. In light of the impending launch, it is highly recommended to participate in the token presale as soon as possible.
Over $2 million has been received so far in the presale, and according to the developers, 80% of the tokens will be made available. 5% of BIG tokens will be distributed to marine conservation charities.
Big Eyes Coin (BIG) is a promising cryptocurrency because of its ambitious launch goals. BIG tokens are inexpensive, so it makes sense to stock up before their value rises. Big Eyes Coin NFT mining and sales are still planned for the near future of the project, as indicated by the roadmap.
Big Eyes Coin is demonstrating its appreciation for its dedicated user base by giving away 250,000 tokens at no cost. The platform will select ten lucky users, the first of whom will get an incredible 100,000 BIG tokens. In 95 days, nine additional lucky individuals will be selected to receive the remaining tokens.
Big Eyes Coin (BIG)
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