A new meme cryptocurrency, Big Eyes (BIG), aims to become a top-notch crypto platform following its launch into the market.
Meme cryptocurrencies are intentional parodies of trending events. Therefore, they easily go viral, gaining a massive following in the process.
Some of them have attracted the interest of famous personalities, who periodically participate in community events. This has increased interest in and demand for such tokens, which has, in turn, delivered exponential profits for holders.
Despite this, many meme cryptos have zero or limited utility, thus relying on hype to maintain their system. However, Big Eyes (BIG), a new cat-themed meme coin in the cryptocurrency market, is bidding to transform the general public’s perceptions of meme coins.
The Big Eyes (BIG) team plans to integrate financial services, issue NFTs, and support charitable causes simultaneously.
But can Big Eyes (BIG) become another market leader like Solana (SOL) and Zilliqa (ZIL)? This article will discuss the successes of Solana (SOL) and Zilliqa (ZIL) and how the new cryptocurrency, Big Eyes (BIG), is aiming to become a market leader.
How Solana Achieved Success?
Solana (SOL) is an open-source crypto platform with smart contract capabilities designed to efficiently host and run blockchain tools, such as decentralized applications (dApps) and non-fungible tokens (NFTs) while consisting of algorithms that ensure its network’s decentralization, scalability, and security.
The ecosystem runs on two consensus mechanisms: Proof-of-History (PoH) and Proof-of-Stake (PoS). While PoS facilitates transaction validations, the PoH enables rapid transaction verification and timestamp addition.
The Solana (SOL) network is considered by many crypto experts as a more versatile ecosystem than the Ethereum blockchain, especially in terms of transaction speed and costs. Nevertheless, Ethereum’s (ETH) migration to a PoS model may change this.
Solana (SOL) can theoretically hit up to 50,000 transactions per second (TPS) and has an average cost per transaction of less than $1, offering developers a quick and affordable environment for deploying dApps.
SOL, the native cryptocurrency of the Solana (SOL) ecosystem and among the top 10 cryptocurrencies by market cap, maintains the Solana (SOL) network’s security through staking and fee payments. It is also used to execute smart contracts and achieve governance on the network.
Zilliqa, Delivering Scalability to Blockchain Technology
Zilliqa (ZIL) is a blockchain platform that gained popularity due to its early implementation of sharding, a scalability mechanism. Sharding refers to segmenting a blockchain network into several interconnected networks to support more transactions.
Zilliqa (ZIL) wants to become the preferred blockchain for large-scale commercial applications in financial services, payments, gaming, and advertising. With its cutting-edge strategy, Zilliqa (ZIL) hopes to take on established centralized payment systems, like VISA and MasterCard.
Additionally, Zilliqa (ZIL) has a thriving marketplace where accomplished artists can monetize their works. With no prohibitive costs or scalability constraints, developers and cryptocurrency owners can create applications on the Zilliqa (ZIL) platform.
Big Eyes Is Aiming for the Top
Big Eyes (BIG) goes beyond the meme hype to provide its holders with significant benefits. In addition, Big Eyes (BIG) aims to create an exclusive NFT club. Club members will have exclusive access to NFT-only events, including limited-edition NFTs. Additionally, 5% of the NFT fees will go to the holders and NFT creators.
Furthermore, Big Eyes (BIG) has a crucial “no tax” policy for exchanging BIG tokens, which will increase the adoption and use of the Big Eyes (BIG) platform. With increased usage and activity, BIG coins, the utility token of the Big Eyes (BIG) ecosystem, will increase in value.
After launch, Big Eyes (BIG) hopes to gain accessibility by listing on major trading platforms like Uniswap (UNI).
Solana (SOL) and Zilliqa (ZIL) are undoubtedly among the top cryptocurrencies on everyone’s watchlist.
Big Eyes (BIG) may soon join that elite league, as its developers are optimistic about the crypto platform due to the success of its ongoing pre-sale and the real-world applications it plans to execute after launch.
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Source by www.cryptonewsz.com