Since the bear rally began at the beginning of the year, this is likely the worst period for the market. Most cryptocurrencies have fallen by over 80% from their all-time highs, not to mention the numerous institutions that have failed that had previously given investors reason to be optimistic about the market. Crypto fans now feel we are in a crypto winter that will persist for several years due to all these events. Users think there are better times to invest a large sum of money quickly in the market but rather to invest a small amount regularly into their favorite cryptocurrencies and other exciting ventures.
Big Eyes Coin (BIG) is a brand-new meme coin project that has just come to the attention of cryptocurrency enthusiasts. Savvy investors averaged their costs into the project by purchasing BIG tokens at every presale level. Even though Big Eyes is on stage 6 of the presale, the token continues to trade below its value. Its presale phases have raised more than $10 million, a sign of potential expansion.
It aims to become a DeFi meme coin that dominates the market like Uniswap (UNI) did. Big Eyes Coin intends to produce value that turns into riches for its community with a focus on DeFi.
Uniswap (UNI): Decentralized Trading
One of the first DeFi platforms to emerge is the decentralized protocol Uniswap (UNI), which runs on the Ethereum blockchain. By enabling users to trade cryptocurrencies without needing to order books or a centralized exchange, Uniswap addressed a pressing issue at its inception. Users could change and swap assets using Uniswap as an automated market maker without human intermediaries. Liquidity pools, where there are enough assets to satisfy everyday trade, make this possible.
Two hundred fifty-three crypto addresses that were allegedly linked to the anonymity tool Tornado Cash have been blocked and listed by Uniswap, according to current news. These addresses either had the U.S. government’s blessing or had recently received money earned dishonestly or stolen from some cryptocurrency sites. The Uniswap website, a frontend run and maintained by the New York-based Uniswap Labs, won’t be accessible to these addresses even though they can use the smart contract.
Uniswap Labs also published its privacy statement to be transparent about the information it is protecting and the uses to which it puts it. To enhance user experience, Uniswap gathers private off-chain and public on-chain data, including device type and browser version. The DEX made it clear that neither it nor any companies it works with have access to personal data. The fact that this is being done in response to concerns about decentralization is reassuring for users.
Big Eyes (BIG): A Meme Coin With Serious Utilities
The market has been caught off guard by the new Ethereum-based meme coin project known as Big Eyes Coin (BIG), which has raised over $10 million from its presale rounds. To leverage the supremacy of the Ethereum blockchain to provide possibilities that result in income for its community, Big Eyes Coin is attempting to establish itself as a DeFi token.
Big Eyes Coin: is it a fraud? No! The Big Eyes Development team has gone above and beyond to ensure their community’s and investors’ safety! As well as having their KYC validated on CoinSniper, they have undergone an audit by Solidity Finance.
The idea for Big Eyes Coin came from cat memes, which differ from the overused dog memes in their approach. Dogecoin (DOGE) and Shiba Inu (SHIB), two successful meme coin initiatives, have been imitated by some other ventures. However, with each attempt, the memes get more and more overused. The market requires something distinctive that will also grab customers’ attention outside the cryptocurrency scene.
Big Eyes will increase the value and riches in your wallet, mainly if you can purchase BIG tokens at the beginning of the presale. Floki Inu has been expected to offer consistent growth and an exciting ecosystem for many years. Dogecoin is better suited to being invested just for the novelty, but it might experience some price jumps if it becomes widespread.
Big Eyes has the potential to be as popular as other dog meme coins and has developed a devoted following on social media. Early investors in Big Eyes can make a considerable profit as the coin is on its way to becoming one of the most excellent meme coins.
Like Shiba Inu, Big Eyes (BIG) is an Ethereum-based meme coin that heavily incorporates cats into its branding and visual design. According to the project, a portion of the token’s supply is set aside for donations to organizations dedicated to conserving the oceans, which claims to be expanding the decentralized finance (DeFi) ecosystem.
A collection of NFTs will be made available as part of the initiative, giving users of those tokens access to unique Big Eyes events and other benefits. Using the Big Eyes currency as a community-owned DeFi coin, the Big Eyes team also intends to produce DeFi products, including a token swap platform and a cross-blockchain bridge.
The Big Eyes team organized a public presale to earn money and provide tokens to neighborhood residents. Although it eventually climbed once sold a specific amount of tokens, the Big Eyes ICO price was $0.000100.
70% of the entire supply of BIG tokens was set aside for this presale. The Big Eyes team has developed a platform where users can connect their Ethereum wallet and purchase BIG tokens using ETH or USDT. Through the presale, the team hoped to raise the equivalent of 1.95 million USD.