The crypto market craze makes it hard to figure out blue chip coins to watch. Many new decentralized tracking tools like Dextools.io are gaining momentum to help traders figure out new and promising coins to try out. Surprisingly, rug pull projects also use these platforms to their advantage, making it hard for enthusiasts and traders to find promising tokens.
Big Eyes Coin is a new promising meme cryptocurrency that seeks to improve liquidity distribution in DeFi. It will also assist in powering many charitable causes globally. Big Eyes’ prospectiveness makes a good choice for crypto traders who may have missed out on Bitcoin and Ethereum.
In the other world, Shiba Inu and Ethereum could give traders the market profitability they seek. Let’s see more below.
The DeFi space cannot get over the Ethereum Merge just yet
The Ethereum Merge will remain a huge part of Ethereum’s history. It will be remembered as the year DeFi moved an inch closer to the future. For Ethereum to remain relevant as the DeFi leading network, it needed to update its blockchain system, including moving from the Proof of Work consensus to the Proof of Stake (PoS) consensus mechanism.
The Proof of Stake consensus would help Ethereum reduce its carbon and energy consumption and emission by 99%. This was imminent to win Ethereum some institutional favors.
Ethereum’s migration to ETH 2.0 changed many things on the network, including its founder’s dominance; its market relevance and dominance, and paved the way for more scalable DeFi innovations.
As investors prepare for the next bull trend, Ethereum could be a promising coin to keep a close eye on.
Shiba Inu, relentless in its pursuit of Dogecoin
In the past few months, Shiba Inu has flipped positions with many top 20 cryptocurrencies in its quest to be the leading meme token over Dogecoin. It’s quite surprising that Dogecoin has not moved from its position since the crypto winter, and has remained the leading meme token despite not powering a utility following a paradigm shift in the meme token space.
Shiba Inu has, regardless, maintained its eagerness to become the number one and is actively integrating utilities and protocols that will give its native token relevance in DeFi in tandem with the value it gets from its community—the ShibArmy.
Shiba Inu’s active partnership and position flipping make it a cryptocurrency to watch closely, as it possesses the capacity to become the leading meme token.
Big Eyes Coin is firing up to insane prices following presale
Big Eyes Coin is a community-driven meme token that will be used on an NFT marketplace and as a liquidity asset in the Big Eyes ecosystem.
Big Eyes Coin has been on a presale spree, with its unit price soaring. While this appears to be positive news for early buyers, it may not be so for late buyers who may have to buy the token at an inflated price.
However, Big Eyes Coin’s current price at the time of writing could still double once its presale ends and it launches on Uniswap. So there is still time to benefit from this opportunity.
www.bigeyes.space
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