The majority of news outlets have predicted that 2023 will be a bustling year for the cryptocurrency market. 2022, on the other hand, performed poorly when compared to past years. Even the biggest players failed to avoid the remarkable and expensive crash of Terra/LUNA, which brought the cryptocurrency industry dangerously close to extinction.
Although cryptocurrency is here to stay, future investors may need to exercise greater caution. Six coins stand out as a result of this: Big Eyes Coin (BIG), Toncoin (TON), Monero (XMR), Cronos (CRO), Ethereum (ETH), and HUH Token (HUH). In this article, we will explore why these currencies are timely and strategically designed for today’s market.
Big Eyes Coin is an innovative Ethereum-based meme currency project that has surprised the market by raising over $11 million in presale rounds. To leverage the supremacy of the Ethereum blockchain to provide possibilities that result in income for its community, Big Eyes Coin is attempting to establish itself as a DeFi token.
Big Eyes has the potential to be as popular as other dog meme coins and has developed a devoted following on social media. Early investors in Big Eyes have the chance to make a huge profit as the coin is on its way to becoming one of the greatest meme coins.
Toncoin is a leading cryptocurrency project that has recently garnered attention due to its inexpensive cost. Toncoin currently lacks real-world applications, and analysts say it is not a long-term investment.
Telegram created Toncoin to launch a brand-new digital economy. However, the network has been beset by delays and issues, and many analysts believe it will fail. Toncoin promises privacy, but with Twitter and Facebook cracking down on user data privacy, Toncoin will face an uphill battle. With a $27,412,747 24-hour trading volume, the price of Toncoin is currently $1.85.
Monero is sometimes compared to currency due to its high levels of anonymity, speed, and security. It allows users to conduct transactions in privacy. Monero employs proof-of-work as its consensus method, but unlike Bitcoin, it has evolved to allow tiny mining setups to remain viable.
Monero has been astonishingly resilient after falling to a one-year bottom of $100 in June 2022, posting double-digit increases in recent weeks and remaining in the $138-$140 range. Early in November, Monero reached $158. Despite the general market despair and gloom, Monero has remarkably held its own. With a 24-hour transaction volume of $62,114,484, the current price of Monero is $150.46.
Cronos is the Cronos platform’s native token. It began as an ERC-20 coin, but in November 2021, Crypto.com launched its blockchain on Cosmos. Cronos is a cryptocurrency used to process payments on the Cronos network, allowing holders to get priority privileges, discounts, and staking rewards.
Cronos, fortunately, had a fruitful 2021 and reached an all-time record of $0.9698064 on November 24. Cronos has seen a surge in price and might be one of the most profitable projects on the market.
Since the transition from Proof-of-Work to Proof-of-Stake, Ethereum is formally becoming deflationary. Less Ethereum will be in circulation over time, increasing the value of the Ethereum that is already there. However, it will be years, if not decades, before we see any real price changes as a result of the token’s newly included deflationary component. Additionally, the centralization of the validator network of Ethereum has raised some concerns in the cryptosphere. The project is extremely concentrated, with only 2 addresses accounting for 46.15 percent of all its nodes.
Ethereum is one of the most widely used cryptocurrencies, therefore its pool of blockchain validators is certain to keep expanding and diversifying. Many believe that the price of Ethereum will increase as the platform develops and experiences improvements like sharding.
The HUH social app will make it simple and seamless for users of social media to earn rewards from their contributions. The cross-chain interoperable HUH network will be powered by the HUH token. The HUH ecosystem has undergone numerous redesigns with new components being introduced, all while taking into account the evolving issues posed by social media outlets. The design elements that make it simple for social media users to post material have been improved with careful consideration.
Artists and content producers will be able to hold events in the HUH Metaverse and receive additional tokens as payment. The HUH cryptocurrency, which rewards users for referrals, will also enable users to seek greater returns. The price of HUH Token is currently US$0.0000006191, and its 24-hour trading volume is $10.
Big Eyes Coin has shown immense success in its presale stage. Clearly, the meme token has won the trust of the investors. Consider investing in Big Eyes Coin as it is only going to get bigger with time!
Click on the link below to enter the presale and use the BIGG2896 code to get bonus tokens!
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