After a successful presale and listing on decentralized exchanges (DEX) such as Uniswap and OKX, as well as centralized exchanges (CEX) such as Poloniex and LBank, Big Eyes Coin (BIG) is all set to take over the meme coin space. Aside from that, BIG’s upcoming Big Casino includes 4000 P2E games and a range of P2E capabilities. BIG’s recent advances have sent warning signs for established currencies such as Chainlink (LINK) and Polkadot. How? Let’s find out!
BIG: all set to surpass stablecoin
Rapidly gaining popularity after a successful initial presale, Big Eyes Coin is an emerging challenger that is causing a stir in the cryptocurrency market. BIG is more than just a meme coin, it sets a clear path with powerful objectives. The project is on track to become a major player in the world of crypto gaming, Non-Fungible Tokens (NFTs), and social contributions. The coin’s innovative trajectory positions it to make a significant impact on the crypto market and establish itself as a force to be reckoned with.
In addition to an expanded casino platform, BIG also plans to expand the value of its network by entering the thriving NFT business with its adorable ‘Sushi Crew’ industry.
Crypto experts see a bright future for BIG and predict it will overtake Dogecoin and Shiba Inu. With the continued development of BIG, experts are now alarming stablecoins such as Chainlink and Polkadot, a significant expansion and triumph in the future days of BIG.
CHAIN faces challenges
The omens are not good for Chainlink. The currency, an Ethereum-powered decentralized oracle network, uses tokens from the non-circulating pool, including node oracle prices, to maintain the long-term viability and stability of the network. LINK, which currently retails for $5.74, is up 0.20% after falling 1.52% in the previous week. LINK has also noticed a decline in social media mentions, indicating a decline in LINK’s popularity and waning investor interest.
In addition, LINK skeptics see recent large transactions of LINK whales as evidence of increased selling pressure, in anticipation of further price declines of LINK compared to other alternative cryptocurrencies. According to their forecasts, LINK will soon fall to $4.46, starting a significant downward trend.
DOT has to join some rules
Polkadot, on the other hand, which was previously hailed as a pioneering cross-chain connectivity platform, is now struggling to keep pace while paving the way for BIG. The currency functions as an open-source, sharded multichain protocol that creates a secure network of specialized blockchains. The goal is to enable the smooth movement of different types of data and assets between chains, beyond tokens alone. This interoperability allows blockchains to be linked to each other. Polkadot’s primary goal is to create the framework for a decentralized internet of blockchains, also known as Web3.
DOT faces challenges that have led to a reduction in its market position. Despite its advanced technologies and relationships such as Moonbeam and Hydra DX, DOT faces an uphill battle to regain its market position. In particular, a partnership with Phala Network’s Phat Contract aims to bridge the gap between Ethereum Virtual Machine (EVM) and Substrate blockchains, enabling smooth transitions and communication between them. Polkadot (DOT) is currently priced at $4.89, 14.83% below its all-time high.
The last bite
Big Eyes Coin (BIG) has gained attention in the crypto market through a hugely successful presale. With its upcoming Big Casino and innovative approach to crypto gaming, NFTs and social contributions, BIG is poised to challenge established currencies such as Chainlink and Polkadot.
Chainlink faces declining popularity, while Polkadot struggles to maintain its market position despite advanced technologies and partnerships. However, Polkadot’s partnership with Phala Network’s Phat Contract offers opportunities for seamless transitions between blockchains. Polkadot (DOT), currently priced at $4.89, is 14.83% below its all-time high, requiring further assessment.
Big Eye Coin (BIG)
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