Investors in Polkadot (DOT) and The Sandbox (SAND) are facing difficult conditions as a result of the volatile nature of the crypto market in recent weeks. Unfortunately, the continual negative trends illustrated by both charts have no end. Despite the industry’s continued commotion, the Big Eyes Coin (BIG) ecosystem is growing stronger by the day as investors continue to load their wallets with innovative tokens.
Polkadot (DOT) is a top-tier sharded network that enables secure interactions among blockchains. It accomplishes this by establishing a connection with parachains to make it easier for the blockchain-based services and dApps installed on the platform to securely interact and exchange data and digital assets.
Polkadot (DOT) is extremely scalable and interoperable, and it claims growing user numbers every day. Both users and developers can utilize the open-source layer-zero framework with confidence and at a reasonable cost. Utilizing the platform, developers may quickly create new decentralized applications (dApps) and services with Polkadot (DOT). The native token of Polkadot is called DOT, and it aids in protocol governance and user transaction completion.
For holders, Polkadot (DOT) was a very lucrative cryptocurrency asset in the previous year. Users received a return on their investment thanks to the bull market effect, which drove the cryptocurrency asset to a new record. The bear effect, however, has caused the cryptocurrency asset’s price to fall from its double-digit market rate to a single-figure price. Since the start of the crypto winter, Polkadot (DOT) has been on the down, but things might turn around soon.
The Sandbox (SAND)
Investors are turning away from gaming tokens after going through two significant cryptocurrency market crashes this year. As a result, the value of assets like The Sandbox (SAND), which attracted a lot of interest up until last year, has significantly decreased. In the past 30 days, The Sandbox’s (SAND) price has dropped 26%. On November 25, 2021, The Sandbox (SAND) reached its all-time high (ATH) of $8.40. However, since the ATH, it has been going downhill.
The Sandbox (SAND) fell below $1.10 during the market meltdown brought on by the Terra (LUNA) fiasco in May and continued to decline over the following months. The Sandbox (SAND) dropped to $0.53 in the recent market collapse brought on by the failure of FTX.
According to statistics from CoinMarketCap, The Sandbox (SAND) is currently selling at $5.7, down 93% from its all-time high. A three-part LAND sale that The Sandbox (SAND) launched in conjunction with companies including Tony Hawk, Snoop Dog, and Playboy recently made headlines.
Big Eyes Coin (BIG)
The new meme currency Big Eyes Coin (BIG) stands out for its excellent features, including a large supply and a lack of transaction costs. Numerous meme coins, like Dogecoin and Shiba Inu, adhere to the same trend by emphasizing dogs. Big Eyes Coin observed this tendency and decided to break it by designing a cute cat avatar in the anime/manga manner. By emphasizing the $26.89 billion anime industry, Big Eyes Coin has expanded its audience.
Additionally, BIG is aiming its coin at Japan, a nation with an estimated 3.4 million active cryptocurrency users, which encourages the growth of the blockchain network. These characteristics play a role in the cat-based meme coin’s high level of interest from the cryptocurrency community. The token is in charge of motivating the ecosystem and enabling some cryptocurrency operations within its ecosystems, including network governance, user involvement, and transaction fees. Over $11 million has been raised for BIG, which is presently in presale.
Because of its increasing adoption potential and utility, the ERC-20 token could be an excellent crypto asset. Big Eyes Currency (BIG) has a great probability of becoming the next meme coin to become viral, and participating in the presale now could be a wise option.
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