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New cryptocurrencies in the coin market face more challenges to attain a high level of market success. This is because the market demands are greater than before. Top cryptocurrencies like Dogecoin (DOGE) and Shiba Inu (SHIB) achieved huge success without a well-defined use case, but such a feat seems impossible to replicate in the current market.
Market analysts have noticed the paradigm shift, and crypto project developers are advised to equip their crypto assets with beneficial and relatable utilities, strong use cases, attractive features, incentives, and other things that can increase market success. Big eyes (BIG) is a new cryptocurrency, but its developers seem to have taken expert advice. Unlike conventional meme coins, Big eyes come with a well-defined utility and other factors that can spur it to market success.
We review the token and its potential to attain Polygon’s (Matic) and Litecoin (LTC) market success level below.
Polygon (MATIC): the leading crypto asset
Polygon (MATIC) is a leading crypto asset in the coin market with over $7.8 billion market capitalization that ranks it among the top 12 cryptocurrencies in the market. The Ethereum-based cryptocurrency peaked at an all-time high of $2.92 during the last bull market, and experts have tipped it for continuous market success during favorable market conditions. The cryptocurrency powers the Polygon network, regarded as the first Ethereum-scaling platform.
Polygon boasts of a flexible framework that allows developers to build multiple types of decentralized applications. Over 19K+ DApps have leveraged Polygon to scale their performance, and the network remains committed to providing web3 application developers the needed resources and infrastructure.
The decentralized platform allows blockchain developers to build low-cost, scalable, and easy-to-use decentralized applications without compromising security. Polygon’s features and utilities make it one of the most successful crypto projects ever launched in the market, and the developers are committed to its improved growth.
Litecoin (LTC): the earliest crypto in the crypto market
Litecoin is one of the earliest cryptocurrencies in the crypto market. The decentralized and open-source platform is one of the most secure, with zero downtime in over a decade of existence. The cryptocurrency boasts over 126 million transactions due to its increase in adoption, especially during the first 6 months of the current trading year. The digital currency was designed to facilitate faster, more secure, and cost-effective payments, leveraging blockchain technology.
Litecoin is based on the Bitcoin (BTC) protocol but uses a different hashing algorithm. It boasts low-cost transaction fees, and it’s four times faster due to its reduced block time and confirmation speed. These features make it a suitable cryptocurrency for small-scale transactions and point-of-sale payments. The cryptocurrency developers have also introduced a debit card that allows users to use it anywhere to purchase needed goods and services.
The pure cryptocurrency attributes its success to its simple nature, utility, and real-life application. It is one of the most universally accepted cryptocurrencies, and its increased adoption makes it boast over $4 billion in market capitalization. Litecoin (LTC) peaked at an all-time high of $412.96 during the last bull market, but the crypto winter has seen it decline in price over the past months. Analysts believe the cryptocurrency will rise beyond its two-figured market price and rally towards its ATH in the coming months.
Big Eyes (BIG): the new meme coin
Big eyes (BIG) isn’t short of features that can see it earn a great reputation in the coin market and attain the market success level of the cryptocurrencies mentioned above. The meme coin will feature a decentralized blockchain-based ecosystem that will enhance DeFi usability and acceptance amongst users globally. The meme coin ecosystem will boast numerous features which users and community members can access, leveraging Big eyes’ unique non-fungible tokens.
The crypto asset’s NFT, and DeFi use cases increase its chance of market success. Big eyes will also benefit the world’s ecosystem through charity that will be channeled towards saving Oceans. The DeFi-related meme crypto asset has what it takes to achieve market success, including a dedicated team of developers focused on its growth and a strong community.
While Big eyes is still on presale, top market players are optimistic about the project. Most believe the meme with a well-defined utility could follow the steps of top projects like Polygon and Litecoin to achieve market success.
You can learn more about Big eyes and join its presale via the links below:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
The post Can Big Eyes attain Polygon and Litecoin level of market success? appeared first on The Cryptonomist.
