Cardano, Bitcoin and Big Eyes – Three crypto tokens to watch this crypto winter
The crypto winter has left many investors scrambling to get more out of their portfolios. With the huge price shocks that crypto-tokens have experienced, it is normal for investors to feel fear and uncertainty. As the crypto winter continues to affect token prices, investors are advised not to miss this opportunity to buy the dip. They should embrace the price discounts at token prices and load up on good projects that are currently trading below their value. Before buying any crypto tokens, investors are encouraged to do thorough research on the projects to prevent buying duds or bad projects. Fundamentals, use cases and tokenomics are three areas investors should examine before allocating capital to a project.
Three crypto tokens investors should watch this crypto winter are Cardano (ADA), Bitcoin (BTC) and Big Eyes (BIG EYES). These three crypto projects have solid fundamentals, a strong user base, and well-structured tokenomics. Investors should take a closer look at these crypto projects as they get ready to rebound after the crypto winter. Here is a brief summary of each project.
Take the lead – Cardano (ADA)
Cardano (ADA) is a PoS (Proof of Stake) blockchain founded in 2017. The goal is to build a decentralized project that allows innovators and creators to build and create positive change in the world. Blockchain has gained widespread use and relevance, including helping agricultural businesses track and monitor their farm-to-table activities. This and other tools from Cardano have made it one of the top crypto projects in 8th place.
The ADA token is the reward and governance token of Cardano. It allows the community to participate in the decision-making process by giving them the right to vote on issues affecting the blockchain. Furthermore, the 2021 ‘Alonzo’ hard fork brought smart contract capabilities to the blockchain. This attracted further builders and developers to the space. Cardano is poised to experience a resurgence in the next bull market. Keeping an eye on this project will help you reap the rewards.
A Bigger Piece of the Apple – Bitcoin (BTC)
Bitcoin (BTC) is the first cryptocurrency project and it was launched in 2009. The project was launched by an individual or individuals with the pseudonym Satoshi Nakamoto. Satoshi Nakamoto released a white paper describing how Bitcoin will be used as censorship-resistant money that will facilitate transactions on the internet. The project will be a peer-to-peer network facilitated by nodes powered by validators. Furthermore, the network will be secured using a Proof of Work (PoW) consensus mechanism where hard mathematical problems must be solved for new blocks to be created.
BTC is the utility of the network and is the “money” spent on the network. Users receive their tokens in a cryptographic wallet address secured with seed sentences. Bitcoin is by far the most popular crypto project and it has been here since its inception.
The new name in town – Big Eyes (BIG EYES)
Big Eyes (BIG EYES) is a community token built to give users more flexibility in the DEFI and NFT ecosystem. The project aims to channel liquidity into the DEFI and NFT ecosystems and increase access to users who hold the BIG EYES token. Big Eyes is a fully community driven project and will be fully owned by the community. At launch, 90% of the token will be available to users. The project is designed to give users more options and flexibility when accessing DEFI protocols. Ultimately, it will simplify DEFI and make it more accessible to users in the crypto space.
The Big Eyes project is poised to create a new paradigm in the NFT and DEFI spaces. You can become an early member of this project by participating in the ongoing pre-sale. Remember that you can earn different bonuses, and bonuses can be stacked. Buy tokens today and become a pioneer. Start buying BIG EYES tokens today
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