Two cryptocurrencies that are popular in the crypto market

by Arthur · October 23, 2022

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The cryptocurrency market is filled with thousands of cryptoassets, and they primarily establish their position with unique offers to their holders. Big Eyes Coin (BIG) and Binance Coin (BNB) are two utility tokens trending in the crypto market. They can remain relevant through multiple cycles of bull and bear markets because they are constant value providers.

But over the years, meme coins have defied that logic. Dogecoin(DOGE) has always been a relevant meme coin project regardless of market conditions because the holders find purpose in the memes. It has also evolved over the years with the launch of meme coins such as Shiba Inu (SHIB), which demonstrated the power of DeFi as a tool to create wealth. Big Eyes Coin has revolutionized the meme coin landscape again despite the pre-sale. The pre-sale figures are unlike any other meme project launched before.

Binance Coin, on the other hand, is a top tool that constantly stays relevant with its contributions to centralized and decentralized systems in the crypto landscape.

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Binance Coin is the old horse

Binance coin (BNB) started as a tool for the Binance exchange, the leading centralized exchange (CEX) in the cryptocurrency market. BNB enabled users to pay smaller transaction fees while making other payments on the exchange. Its relevance spread to the decentralized community when it launched its own EVM-compatible network. The Binance Smart Chain served as a top ecosystem for DeFi and is one of the most preferred alternatives to the Ethereum blockchain due to its impressive scalability capabilities.

Recently, Binance Pool unveiled a $500 million lending project to boost the bitcoin mining industry. Binance believes the move will support the sustainability of a thriving digital asset ecosystem. Binance has unveiled a new lending scheme as the crypto mining sector suffers greatly from the bear market. The move comes after Jihan Wu, the creator of Bitmain, announced the creation of a $250 million fund to buy troubled assets from mining companies. Wu is currently in charge of Bitdeer Technologies, a spin-off of the company that makes bitcoin mining equipment, which will initially invest $50 million in it. The company plans to sort out the rest of the budget with external investments.

Big Eyes Coin believes in the power of cuteness

Big Eyes Coin (BIG) significantly enhances what the meme coin landscape has to offer. Since Dogecoin has set a precedent for forcing the market into a bull run, most crypto enthusiasts have been looking forward to the next meme coin to achieve the feat. Big Eyes Coin has been the most promising token since then. However, the token is pulling crazy numbers on pre-sales; this is a similar pattern to Dogecoin with insane trading volume in a bear market.

Big Eyes Coin would also be much more of a rival to Dogecoin and other dog coins as the new meme coin uses a cat mascot. Big Eyes Coin also hopes to inspire hundreds of new projects to adopt the cat mascots and revolutionize the market. Big Eyes has built an impressive community on social media that will push the project’s narrative and campaigns. On top of that, it is a community-led project, so it has greatly benefited from its decentralized mechanism in decision-making.