Every crypto trader would tell you that 2022 has been a terrible year. The prices of cryptocurrencies have dipped massively. While many noobs have sold their holdings, the experts still expect a market reversal sooner or later. When this happens, there is a likelihood that only traders with reliable projects in their wallets will benefit. Weak projects may fail to lift off.
There’s no gain in saying that you need to buy top-rated projects to reap any benefits as a trader. So, what reliable projects should you watch out for? Keep reading to learn more.
Avalanche (AVAX) The Popular Crypto
Avalanche is a popular cryptocurrency because it’s designed to rival Ethereum. It’s no easy feat for any cryptocurrency to be called an Ethereum killer. Avalanche can achieve this rare status by doing the same thing as Ethereum – creating smart contracts. What’s more? Avalanche has an efficient decentralized protocol. This blockchain can 4process,500 transactions per second. Due to Avalanche’s efficiency, there’s an increasing number of projects on the protocol.
Avalanche is also known as AVAX. There are 720 million AVAX on this project. AVAX is used to pay network exchange fees. You can also purchase the token on top exchange platforms worldwide. Avalanche is also popular because it’s an open-source project. Any developer with the right skills can contribute to the protocol. You can also copy the code of this platform and use it to create a new project.
Cardano (ADA) The Host
Cardano is one of the cryptocurrency projects that has been around for quite some time. This token is named after Augusta Ada King. This cryptocurrency is renowned for running on the proof-of-stake mechanism. Proof-of-stake requires less computational power than Proof-of-work, and wil consume less energy. It’s also a faster system. The name of Cardano’s proof-of-stake is the Ouroboros protocol. This ensures that the protocol is environmentally friendly. Transactions on Cardano are secured by the stake of users.
Launched in 2017, this platform was one of the first platforms to be referred to as a third-generation platform. This cryptocurrency platform is designed to be a platform that will host decentralized applications. It will use a multi-asset ledger and smart contracts to host these projects. Cardano gives back to its community of users. It rewards players based on the total amount of their stake. Asides from all the impressive features offered by Cardano, this platform can also be used to mint NFTs. As Cardano’s involvement in the NFT space grows, the value of the token will also increase exponentially.
Big Eyes Coin (BIG) The New Meme Coin
Big Eyes is a cryptocurrency that excels in many different ways. To start with, this meme coin is unlike other projects in the crypto space. Big Eyes is designed to make a difference, and show the entire world that meme coins can be market leaders too. The token has an impressive utility – creation of non-fungible tokens. As a result of this utility, you can liken Big Eyes to some of the big names on the coin market such as Cardano, Solana and Ethereum.
Big Eyes is a cryptocurrency that’s interested in giving back to users. It adopts a community-driven approach. 5% of its total utility is transferred to charity. It will also reward $250,000 to its users. This token will reward users for their involvement in the presale. Big Eyes has had an outstanding presale. During the past six stages of the presale, Big Eyes has been able to raise $10 million. You can join the Big Eyes bandwagon by visiting their website. What more could you ask for from any meme coin?
Big Eyes Coin (BIG)
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