What is the best crypto to invest in 2023? Look at BNB, Algorand and Big Eyes Coin

What is the best crypto to invest in 2023?  Look at BNB, Algorand and Big Eyes Coin

Always a difficult decision to make. Which crypto will be popular next? No one could have predicted Dogecoin’s (DOGE) meteoric rise to the top of the meme coin ladder, with its spectacular gains. Despite the inherent volatility of cryptocurrencies, we can find out which ones have what it takes to be the next big thing by examining fundamentals.

We will examine BNB (BNB), Algorand (ALGO) and Big Eyes Coin (BIG) in this article to find out which one has the potential to be the best crypto in the 2023 market. Let’s get started.

BNB: The Building Blocks of Binance

The native token of the cryptocurrency exchange Binance is BNB (BNB). When used to cover fees on Binance, BNB is beneficial to traders as it reduces trading expenses. In addition, BNB can be used to buy other cryptocurrencies on the Binance market.

Binance Smart Chain, another blockchain owned by BNB, allows for the development and implementation of smart contracts and decentralized apps (dApps). Additional uses for BNB are possible as a result of the growth and diversity of the Binance ecosystem, including inclusion in DeFi protocols and other blockchain-based projects such as Pancake Swap.

Due to its utility on one of the biggest exchanges, BNB has a very high chance to become the top crypto this year as Binance continues to grow.

Algorand: A revolutionary network

Algorand is a ground-breaking blockchain technology that has swept the world. Silvio Micali, professor of computer science at MIT and winner of the Turing Award, the highest honor in computer science, is credited with creating it.

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So what makes Algorand so unique? For starters, it combines the best features of a regular database’s speed and scalability, with the security and decentralization of a blockchain. This means that it can process a large volume of transactions per second, making it suitable for use in practical applications.

The issue of “consensus” is one of the biggest difficulties other blockchain platforms, including Bitcoin and Ethereum, face. In a blockchain, multiple computers, or “nodes”, must agree on the network’s status, but this can take a while and slow down the system. This problem is solved by Algorand’s “Pure Proof-of-Stake” consensus process, which enables fast consensus without compromising security.

Algorand can be used for a variety of use cases, including supply chain management, digital identity verification, and decentralized finance (DeFi). This technology can change how we do business and communicate online. A clear contender for the top crypto in 2023.

Big Eyes Coin: $25 Million Raised In Presale!!!

Big Eyes Coin One of the most promising meme currencies on the market right now is Big Eyes Coin (BIG). It’s halfway to its pre-sales goal of $50 million, having raised $25 million and counting! Big Eyes Coin is one of the most prestigious and prominent pre-sale tokens over the previous three years.

Investors are grabbing as many Big Eyes Coin tokens as they can because of the coin’s amazing potential. Big Eyes Coin is a cryptocurrency with the main goal of transferring as much money as possible to the DeFi ecosystem.

In addition, Big Eyes Coin is a currency that tries to support environmental issues! The Orca Network and The Sea Shepherd, two organizations that aim to protect marine life, receive regular support and funding from Big Eyes Coin. It is a visible charity wallet where 5% of all tokens are held and distributed to charities like these. No wonder Big Eyes Coin is getting so popular!

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Big Eyes Coin holds our spot for the most promising new meme coin and could be the dark horse to take the top crypto this year!

Identifying the next top crypto can be challenging. We hope that your search for the next big cryptocurrency has been helped by our analysis of these different cryptocurrencies. As always, make sure you do your due diligence before purchasing any type of asset. Good luck with your investment!

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Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent Bitcoinists. Bitcoinist does not guarantee the accuracy or timeliness of the information available in such content. Do your research and invest at your own risk.

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