Over the past decade, cryptocurrencies and other blockchain-based assets have been widely adopted and are now a part of the worldwide ecosystem for regulated financial services. In the meantime, the soaring rewards of cryptocurrencies continue to entice new investors while providing a plethora of other advantages including data privacy, a hedge against inflation, and a safe trading environment.
If you’re looking for a plan to assist you to identify trustworthy cryptocurrency projects, you can always begin with research. Choose a few of the best-performing cryptocurrencies, such as Big Eyes Coin (BIG), Avalanche (AVAX), Shiba Inu (SHIB), Cardano (ADA), and Chainlink (LINK), evaluate them, and then make a decision.
Avalanche (AVAX)
Avalanche (AVAX) is a leading smart contracts platform that prioritizes speed and cost-effectiveness. In fact, Avalanche (AVAX) boasts that it is the fastest smart contract platform since it is so certain of its speed. Unquestionably, Avalanche (AVAX) is very well-liked and is anticipated to continue expanding through 2023 and beyond. Speaking of rapid turnarounds, Avalanche (AVAX) has already made a strong comeback from its bear market bottom and aims to set new regional highs in the months to come.
Avalanche (AVAX), a powerful rival to other smart contract platforms, will need more investor attention before this can materialize, though. However, analysts are optimistic about Avalanche’s future. The current price of Avalanche is $13.47 USD, and the 24-hour transaction volume is $118,471,427 USD.
Big Eyes Coin (BIG)
Big Eyes Coin (BIG), a meme coin, has been getting a lot of good press. The cryptocurrency community has backed it, and it has generated a lot of discussion on the major social media networks. It has been nicknamed the “next big thing” in cryptocurrency by fans, and so far, it has lived up to that description, especially during its presale phases.
The goal of Big Eyes Coin is to outperform other meme currencies and cryptocurrencies and bring about a revolution in the crypto space. Big Eyes Coin (BIG) plans to provide a part of the money raised from their cryptocurrency presale to charities and other groups whose main objective is to enhance the ecosystem. Interesting, huh? Visit the link below for more information.
Shiba Inu (SHIB)
The iconic meme coin, Shiba Inu (SHIB), has cemented its position in the cryptocurrency market. As the year in cryptocurrency draws to a close, DeFi developers, analysts, and investors have high hopes for the second-largest meme token. Shiba Inu (SHIB) shot to fame in 2021 thanks to a prod from Elon Musk, the CEO of Twitter. Shiba Inu is positioned to resume its ascent with Musk’s last acquisition of the social networking site.
As the coin’s value increases, the burn rate for Shiba Inu has risen to above 400% as of the time of writing. SHIB has reached its peak and has set a new record for the indicator. The percentage of long-term investors, or “hodlers,” has increased to 47% as it is predicted that the coin will surge in 2023.
Cardano (ADA)
Cardano (ADA) is a ground-breaking blockchain-powered platform of the third generation. The platform for Cardano (ADA) allows for the creation of decentralized applications (DApps). To generate smart contracts, which are required to build decentralized applications and protocols, one can use the Cardano (ADA) blockchain network. Additionally, Cardano (ADA) uses a proof-of-stake consensus mechanism, which uses less energy.
Chainlink (LINK)
Chainlink’s token LINK has long been one of the top 50 cryptocurrencies. It rapidly became the largest decentralized oracle network after its inception in late 2017. Chainlink is required for transparent and dependable data usage across blockchain and non-blockchain enterprises. While it has lost a significant amount of ground since reaching an all-time high of $51 in May 2021, it has maintained fairly solid support between $5 and $7.
LINK is a crypto powerhouse with a market valuation of almost $3 billion, and a 10x is easily achievable, as we have seen in the past. And as the crypto market grows in size, Chainlink’s oracle network will become more important and necessary. The current price of Chainlink is $7.02, with a 24-hour transaction volume of $200,213,071. In the previous 24 hours, the price of LINK has increased by 2.4%.
Big Eyes Coin (BIG)
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
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