Even in a down market, there are possibilities to earn a profit this holiday season. These three lucrative currencies — Big Eyes Coin (BIG), Solana (SOL), and THORChain (RUNE), which have received increased attention throughout the year — could resist the present market trend.
Here are some reasons why they might be a wise investment for the holidays.
Solana’s Speedy Consensus
Solana (SOL) is among the most popular layer-1 blockchains to rule the industry. It is designed to be swift, safe, and expandable. It can handle 50,000 transactions every second or more!
To achieve its outstanding scalability, Solana (SOL) uses a unique consensus process called Proof of History (PoH) and Proof of Stake (PoS). It makes sense that DeFi apps, games with in-app purchases, and NFT markets have picked Solana (SOL) as their platform of choice given these speeds.
Significant business players have also backed Solana (SOL). But this isn’t all that fantastic. Recently, FTX, one of the largest exchanges in the world, declared bankruptcy.
As the largest investor and stakeholder of Solana (SOL), this put the entire initiative in jeopardy, and as a result, the price fell by almost 60%. Experts think the initiative has more potential if Solana (SOL) can transcend this setback and reach new heights. It is suggested to use caution with Solana (SOL) till then and look into alternative forms of investment.
THORChain – Advance The DeFi Ecosystem With THORChain
The THORChain protocol is a well-known decentralized liquidity blockchain that enables individuals to exchange assets across networks. The THORChain ecosystem’s native currency is called RUNE.
The decentralized liquidity protocol known as THORChain (RUNE) enables the quick exchange of digital assets across several networks. With the breakthrough DeFi project THORChain (RUNE), users can communicate between chains without being concerned about losing primary custody of their assets.
Thanks to THORChain, users can obtain liquidity without relying on order books (RUNE). As a result, they can trade one asset for another in a permissionless setting. DeFi products and services are available to and can be provided by holders of THORChain (RUNE). Owners of THORChain (RUNE) tokens can stake their assets for the opportunity to receive annual percentage payments (APYs).
The DeFi initiative will soon allow customers to save and lend cryptocurrency, according to the THORChain (RUNE) website. Holders can earn token interest by lending their currency to liquidity pools in addition to obtaining other rewards for advancing the ecosystem.
Big Eyes Coin – Transforming The Meme Coin Sector
Given the enthusiasm Big Eyes Coin has generated so far, it would be foolish to ignore or undervalue this new meme coin given the optimism around it and the FOMO it has sparked. Big Eyes Coin (BIG) has a good probability of succeeding, yet nothing is certain. You have three options when investing in cryptocurrencies: all in, all out, or conservative.
According to analysts, the third choice is the best one for cryptocurrency investors because it lowers their risk exposure. But avoiding the Big Eyes Coin (BIG) presale could be detrimental, as Shiba Inu (SHIB) and Dogecoin’s (DOGE) prices increase. The new meme is risky since it can soon see a price increase compared to the two meme coin giants.
Big Eyes Coin’s potential for success will be boosted by its distinctiveness as a cat-themed meme currency with DeFi and NFT functionality and its popularity as a result of the multiple marketing strategies they have implemented, including its placement on a Time Square billboard. The cryptocurrency project will support charity while allowing consumers to increase their fortune.
If you want 5% bonus tokens with your Big Eyes Coin purchase, use the ‘BIGsave268’ code at the checkout!
For more information on Big Eyes Coin (BIG), please visit the following links:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Disclaimer: This article is a paid publication and does not have journalistic/ editorial involvement of Hindustan Times. Hindustan Times does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein.
The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.
Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the views, opinions, announcements, declarations, affirmations etc., stated/featured in same. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Hindustan Times of being absolved from any/ all potential legal action, or enforceable claims. The content may be for information and awareness purposes and does not constitute a financial advice.