Can Ethereum And Big Eyes Coin Outperform Bitcoin In The Current Bull Market?

by James · April 18, 2023

Last week, Bitcoin (BTC) surpassed the $30,000 mark, marking the start of a bull market in the crypto industry. As a result of BTC’s success, other digital currencies are expected to increase in value. Ethereum (ETH) in particular has been hovering around the $2,000 level, and many experts believe it will surpass this threshold soon.

While ETH has struggled to match the momentum of BTC in the past, it recently transitioned from a Proof of Work system to a Proof of Stake system, offering a more environmentally friendly alternative to the market. This reflects a growing trend of cryptocurrency being aware of its impact on the environment and carbon emissions.

As new currencies are released, they will have more freedom to explore innovative ways to make crypto sustainable. For example, Big Eyes Coin (BIG) has incorporated environmental commitments into its mission statement, pledging to donate 5% of its total coins to marine sanctuaries. In summary, the crypto industry is currently in a bull market and there is an increasing emphasis on sustainability in the market.

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Shanghai Crypto Regulation Update May Shake Up the Industry

In the past, Ethereum (ETH) struggled to keep up with the growth of Bitcoin (BTC). However, with the implementation of the “Shanghai” update, ETH has the potential to disrupt the crypto industry by moving away from the traditional Proof of Work systems. By adopting Proof of Stake, ETH aims to increase demand and increase the coin’s value, while positioning itself as an environmentally conscious currency. This shift reflects a growing trend in the industry towards sustainability and recognition of the current environmental needs.

Big Eyes Coin

Big Eyes Coin’s environmental commitments: Addressing climate change

Big Eyes Coin (BIG), a newcomer to the crypto industry, has noticed the changing demands of the market. By recognizing the importance of environmental concerns, they are positioning themselves as a currency that will not contribute to their obsolescence by clinging to outdated and unsustainable methods.

The crypto industry has been under scrutiny by governments for its environmental impact, and by prioritizing environmental charity in its manifesto, BIG shows its commitment to addressing these concerns.

Even during the pre-sale phase, which ends on June 3, BIG has made its position clear, and many investors have taken notice and pounced on the opportunity to invest. By doing so, they hope to achieve the highest level of return on investment while supporting a currency dedicated to making a positive impact on the environment.

Is Bitcoin’s momentum sustainable in the long run?

Bitcoin (BTC) has been a dominant force in the crypto market, but growing awareness of its negative impact on the environment could lead to a shift in public opinion and a reduction in value. This can create opportunities for more environmentally conscious currencies, such as ETH and BIG, to gain traction and increase their value. Carbon emissions from BTC mining are on the rise, making it vulnerable to criticism from those concerned about the environmental impact of cryptocurrency. As a result, there is a possibility that BTC’s dominance could be challenged by greener alternatives in the future.

Big Eyes Coin

Ethereum (ETH) has been lagging behind Bitcoin (BTC) for some time, prompting altcoins like Big Eyes Coin (BIG) to analyze the shortcomings of BTC and areas for improvement of ETH. They are creating currencies to fill the gaps and provide a more promising and sustainable investment option.