May 2022 saw a significant dip in the crypto markets. Over the past few months, Bitcoin (BTC) and almost all other digital currencies have dropped by around 50%. If you lost money in the crypto market crash, it is time to look for promising new projects in the pre-sale stage.
Every day, fresh cryptocurrencies are being introduced. A few of these digital currencies are specific to certain sectors. Examples include DeFi, NFT, and me. In 2018, the concept of “meme coins” became a popular trend. Dogecoin (DOGE) and Shiba Inu (SHIB) are two digital currencies that made their holders instant millionaires. Many are predicting that 2022 will be a landmark year for the meme-coin community.
The new crypto Big Eyes Coin (BIG) has huge profit potential. This is a fresh face in the meme industry and aims to become popular. Learn more about the future of innovative cryptos like Bitcoin and Algorand and how to get a head start on your holiday savings with ALGO.
Algorand (ALGO) – The Two-Tier Network
For those unfamiliar, Algorand (ALGO), a cryptocurrency, operates on a decentralized two-tier network. As the platform is open source, anyone can view and modify the source code. The platform’s goal is to provide a reliable, fast, and scalable place to make financial transactions.
It utilises a two-tier blockchain infrastructure that has the advantages of both layer 1 and layer 2 blockchains. Its foundational layer also enables atomic cryptocurrency trading, asset production, and onboarding of smart contracts. This makes it possible to ensure integrity and interoperability.
As seen by its creators, Algorand ALGO (Algo) will be the top cryptocurrency due to its incredibly fast transaction times and streamlined processes. It also has transparent governance. This system is fast and secure without sacrificing decentralization, thus solving the “blockchain trilemma”.
What Is the Big Eyes (BIG) Coin?
Big Eyes Coin (BIG) is a decentralized community-based meme coin that puts a premium on investment and reinvestment in Decentralized Finance (DeFi), a network that aims to protect some of the most precious natural resources on the planet. The platform’s developers are creating a blockchain