Which Cryptocurrency Should You Buy In 2023 — Dogecoin, Big Eyes Coin, and Cosmos
Cryptocurrencies have dropped once more as we are still reeling from the unexpected collapse of cryptocurrency lender BlockFi. Finding a project with growth potential can be difficult because well-known cryptocurrencies like Cosmos (ATOM) and Dogecoin (DOGE) exhibit volatility and uncertainty. However, a newcomer is gradually making its way into numerous cryptocurrency headlines. All eyes are on Big Eyes Coin (BIG), the best investment opportunity for 2023, which is currently in presale.
Dogecoin (DOGE): The Meme Coin of the Community
Most people agree that Dogecoin (DOGE) was the first meme coin. The DOGE (DOGE) market capitalization had previously placed it at ten. But at the time of writing, it is ninth on the list. Moving up the market is a reliable sign that it is recovering. Nobody could have predicted that Billy Marcus and Jackson Palmer’s creation of Dogecoin (DOGE) in 2012 would give rise to a whole industry sector.
Given that Dogecoin (DOGE) was created to resemble Bitcoin, it was dubbed the first meme coin (BTC). As a result, Dogecoin (DOGE) has surpassed Bitcoin to become the crypto market’s most widely used meme coin. Over 300 online shops accept this cryptocurrency as payment.
After Elon Musk suggested Dogecoin (DOGE) as a better alternative to Bitcoin (BTC) in a tweet, interest in the cryptocurrency skyrocketed. Many meme coin dealers and supporters expected Elon to accept Dogecoin (DOGE) as payment for his services, and for a brief period, he did. It is possible that Dogecoin’s (DOGE) popularity inspired the creation of other meme coins.
Dogecoin has a price of $0.091170 and a $626,514,271 24-hour trading volume. Dogecoin saw an increase of 0.70% yesterday. With a market cap of $12,095,654,999, the current CoinMarketCap ranking is at position 8.
Dogecoin, Considered An Underdog Crypto Asset, Fared Better Than Most Others In 2022
Cosmos (ATOM): Secure Blockchain Network
The highly functional cryptocurrency project Cosmos (ATOM) is renowned for providing practical solutions to some of the most challenging problems, such as fragmentation, scalability, speed, and performance. Essentially, it balances out the “slow, expensive, unscalable, and environmentally destructive” proof-of-work methodologies utilized by more conventional blockchain systems, such as Bitcoin (BTC). Cosmos (ATOM) provided a network of interconnected blockchains to achieve this.
At the core of all activities is ATOM, the Cosmos platform’s native cryptocurrency. ATOM plays a significant role by providing utility and facilitating various crypto-related activities, such as network management, payment fees, and user engagement. In addition, Cardano (ADA) has attracted a lot of attention since its launch because it encourages scalability and decentralization while granting consumers independence and liberty through quick, affordable, and efficient transaction processes.
The name of the system’s native token, the ADA coin, honours the widely regarded first computer programmer and 19th-century mathematician Ada Lovelace, is the ADA coin. Cardano provides the parent chain for several Blockchain-based applications, such as the Sundaeswap DEX and the MELD decentralized lending technology (ADA). Cosmos’s price is currently $9.78, and $105.38 M transactions were made during the previous day.
Big Eyes Coin (BIG): Next Generation Meme Coin
A strong community, uniqueness, and utility are the three central tenets of a cryptocurrency project’s success. These three crucial traits demonstrate that Big Eyes Coin (BIG) is progressing correctly.
The platform’s user base is expanding daily, and its users are already promoting the progress of the project. In addition, the project’s various utilities have helped the community of Big Eyes expand. As part of its goal to provide essential services worldwide, the Big Eyes team supports a number of deserving causes. Big Eyes has accomplished this goal in various ways thanks to the current presale period.
Big Eyes has promoted numerous international causes using its platform throughout this time. Big Eyes has already contributed to four reputable charitable foundations and plans to support more in the future. The fundamental architecture of Big Eyes resides on the Ethereum blockchain network.
To provide users with an amazing experience while immersing themselves in its ecosystem, the Big Eyes project is being hosted on the Ethereum network.
Technical problems like scalability, traffic, throughput, and security flaws plagued some existing blockchain applications. To avoid those problems on its platform, Big Eyes selected the Ethereum blockchain as its host. So when you become a BIG family member, be sure to have a wonderful time. Here is a coupon code Ocean397 to get some free tokens when buying if you like this project.
Disclaimer: The information in this piece is solely the author’s opinion, does not involve investment advice, and is only being made available for informational purposes.
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