The cryptocurrency market is home to thousands of cryptocurrencies that aim to give their communities a high-performing service that can help them earn passively. Solana (SOL) and Avalanche (AVAX) are two cryptocurrencies that are currently dominating the market, remaining in the top twenty cryptocurrencies consistently.
However, a new coin is on the horizon, Big Eyes Coin (BIG). The new meme coin has garnered significant attention since its inception, raising $5.1 million in its first four stages of the presale. The token still has eleven stages of its presale left, making it an ideal time to purchase it while the price is low!
You’re In For A Big Surprise With Big Eyes
The Big Eyes Coin ecosystem focuses on our ecosystem and its own. Big Eyes Coin aims to shift wealth into the Decentralised Finance (DeFi) ecosystem while tackling threats to marine life. Marine life is on the brink of extinction, with experts predicting it could happen as soon as 2300.
As you know, cats like fish. That’s why Big Eyes Coin will hold a charity wallet with 5% of its tokens inside. These tokens will help ocean conservation sanctuaries tackle threats to marine life like plastic pollution and overfishing.
Traditionally with meme coins, they need to generate hype and stay relevant to succeed. Big Eyes Coin has created a marketing wallet with 5% of its token inside to help keep Big Eyes Coin ahead of its competitors. Big Eyes Coin has plans to release comic books and merchandise that could see a wave of new users gravitate towards the platform.
Solana Continues Its Dominance At The Top
Solana tackles one of the biggest problems in the blockchain industry, scalability. Blockchains using the Proof-of-Work (PoW) consensus are limited in the number of transactions they can process each second.
That is why Solana avoided the outdated consensus and combined the Proof-of-Stake (PoS) consensus with Proof-of-History (PoH) to reach an unprecedented amount of transactions per second. At its optimum performance, Solana can process up to 50,000 transactions per second, allowing Solana to scale effectively.
Ultimately, Solana was introduced to the market as a scalability solution. Ethereum (ETH) and Bitcoin (BTC) were processing a low number of transactions per second, and Solana became a viable alternative to their slow service.
Avalanche Could Be A Fruitful Addition To Your Portfolio In Q4
Avalanche, like Solana, avoided the PoW consensus and chose PoS. It allowed Avalanche to become one of the fastest time-to-finality blockchains in the industry. Additionally, Avalanche became carbon neutral in November 2021. This massive step forward for crypto was hailed by those worried about the environmental impact of cryptocurrency.
Blockchains that are designed to scale often have problems with functionality. Avalanche avoids this problem by utilising three blockchains, the X-Chain, P-Chain, and C-Chain. By utilising three blockchains, Avalanche could scale infinitely in the future.
Avalanche users can also launch customised blockchains with Avalanche technology. Users can deploy blockchains that fit their application needs, dictating exactly how the blockchain runs, releasing them to the public, or keeping them completely private.
Avalanche and Solana have tackled many issues in the blockchain industry to help them cement their place in the top twenty cryptocurrencies. Their high-performance consistency makes them desirable cryptocurrencies to have in your portfolio.
However, Big Eyes Coin could overtake them in the future. Big Eyes Coin is built on the Ethereum blockchain to utilise its new PoS consensus. By building on Ethereum, Big Eyes Coin remains environmentally friendly and scalable. The new meme coin has generated a lot of attention thus far in its successful presale. Will you join the Big Eyes Coin community?
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Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.