The cryptocurrency industry is constantly evolving as coins make new developments and upgrades to compete in the market. This article will discuss two of the most exciting upcoming industry developments.
Ethereum (ETH) is already known amongst investors and developers as a top cryptocurrency and blockchain platform. The platform is currently undergoing a development which will further improve its utility.
Big Eyes Coin (BIG) is a new meme coin in presale that is making a positive impression amongst investors. While Big Eyes Coin is a meme coin with fun branding, it will have real world utility and has the potential to make big returns.
Big Eyes Coin Prepares For Launch
Big Eyes Coin is a new cryptocurrency that is currently experiencing one of the biggest presale events in recent history. The project has already raised over $32.5 million which is over half of the $50 million target. Big Eyes Coin is a meme coin, with a fun cat theme, but is also attracting investors for its impressive user features and potential to generate high returns.
Big Eyes Coin is built on the Ethereum blockchain and powered by its native ERC20 token, BIG. This gives users the benefits of Ethereum including fast transactions, lower costs and a reduced environmental impact due to its proof-of-stake mechanism.
Investors are also attracted to Big Eyes Coin’s tokenomics. Big Eyes Coin has a total supply of 200 billion BIG tokens. 70% of these are set aside to be sold at presale, 20% will go to crypto exchanges, 5% is set aside for marketing purposes and 5% of the total supply is to be held in a visible charity wallet. The Big Eyes Coin developers value transparency, and the coin will be owned by the community, with all decisions made by the group.
There are also some great incentives to buy such as no tax, no fees and regular offers, rewards and competitions. Big Eyes Coin is currently at stage twelve of presale and will launch at stage 15. In the final lead up to launch, the team are offering a 250% bonus code, BULLRUN250, when users buy BIG tokens or loot boxes.
Ethereum’s Shanghai Upgrade is Coming Soon
Ethereum is a revolutionary blockchain platform that was designed to be scalable, programmable, secure, decentralised and the developers are constantly upgrading the network.
In September 2022, Ethereum began the merge from a Proof-of-Work mechanism to Proof-of-Stake. This consensus has changed Ethereum’s mining process and uses significantly less energy than Proof-of-Work. This has improved Ethereum’s environmental impact as the power consumption has been cut by 99.9% since the transition. This change could have a major impact on the mining industry and some investors have raised concerns that it will be less profitable for miners to continue mining Ethereum.
The Shanghai upgrade will launch in April 2023 and is the latest development to the Ethereum network. This marks the finalisation of the transition to a Proof-of-Stake mechanism, and should improve Ethereum’s sustainability.
The Shanghai upgrade will allow Ethereum users to unstake their tokens, perform transaction validations and receive newly created tokens. Previously, users earned passive income through staking their tokens but could not release them. The Shanghai upgrade will solve this issue and later include other proposals related to Ethereum Virtual Machine, Object Format and Sharding.
For seasoned investors, Ethereum’s Shanghai upgrade is one of the most exciting developments in the crypto industry. It will improve Ethereum’s network and offer more user features. The introduction of Big Eyes Coin is another exciting new crypto development and the project is already showing strong potential.
Presale is a great opportunity to buy Big Eyes Coin because it is priced below market value and the bonus code will help anyone who decides to enter the project make high returns on their investments.
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