Bitcoin and Big Eyes: Two Exciting Tokens That Could Grow Your Investment Portfolio Tenfold Before the End of 2022 – Outlook India | Jewelry Dukan

What is Bitcoin?

Bitcoin (BTC) is now the number one cryptocurrency in the world with a total market capitalization of more than $400 billion. It is a groundbreaking project that introduced the world to the limitless potential of blockchain technology in January 2009.

The whitepaper outlines the framework for building and operating a fully decentralized financial system (DeFi) by leveraging blockchain technology. In other words, Bitcoin ushered in the era where it was possible to send funds from one party to another without the need for a third-party financial intermediary to intervene or become involved.

Decentralized finance has become an alternative way for people who cannot access the traditional financial system to access products and services that can help them generate income and gain financial independence.

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Mainstream adoption of bitcoin

As the world’s first cryptocurrency, Bitcoin (BTC) was a giant leap into the future of currency as we know it, so of course it took the world a while to get used to it. However, its first major milestone was the $1 mark, which it hit in February 2011.

By December 2017, it had exploded to a price of $20,000. Then, in September 2020, another major bull run began, leading the price to peak at $58,782 in March 2021 before retreating and gaining momentum to reach its all-time high of $68,789 in November of the same year.

Bitcoin’s unprecedented mainstream acceptance and success in the markets quickly inspired the creation of other cryptocurrencies and blockchain networks, including giants like Ethereum (ETH), Tether (USDT), Ripple (XRP), Solana (SOL), Binance (BNB). ), etc.

Bitcoin (BTC) is still the world’s most successful/popular cryptocurrency. As previously mentioned, it is at the forefront of revolutionizing the conventional financial system, with a market cap of nearly half a trillion dollars.

However, Bitcoin (BTC) is not without its limitations and flaws. For example, the Proof-of-Work (POW) consensus mechanism requires a lot of energy to function, leaving a heavier carbon footprint as widespread adoption increases. Furthermore, ironically, its general acceptance is the main reason for the significantly high transaction fees.

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Why should I buy Bitcoin?

Bitcoin (BTC) remains the most popular and successful cryptocurrency project in the entire blockchain industry. Its bull runs have made many investors and early adopters rich. Most people started trading cryptocurrency today because bitcoin has shown that it is possible to make huge profits if you know when to buy the right cryptocurrency at the right time.

Even though Bitcoin (BTC) has suffered badly from the recent bear market, it remains an excellent choice for savvy investors looking for cryptocurrencies that could potentially grow their investment tenfold over the remaining months of 2022.

The reason is that historically, every bear market is followed by a bull run that results in price breaking the previous all-time high. In other words, the price dumping that results from the bear market is a way for the token to gain momentum for the next bull run.

Buying Bitcoin now that it’s cheap is the perfect way to position yourself for 10x or more gains if Bitcoin’s price surges above its current all-time high of $68,789.

tether

Tether (USDT) is the first and most popular stablecoin in the cryptocurrency world. It differs from Bitcoin because its price is not prone to volatility in the crypto market. Instead, its value is always pegged to the US dollar, hence the stablecoin.

Tether is able to maintain a stable price in the markets as the project holds commercial paper, trust deposits and treasury bills in reserves whose value in US dollars is equal to the total number of USDT in active circulation.

The stablecoin was launched in 2014 under a different name, Real Coin. Back then, it was based on the Bitcoin blockchain network. Nonetheless, it has since undergone several updates giving it multichain interoperability across Ethereum (ETH), EOS, Tron (TRX), Algorand (ALGO) and OMG blockchain networks.

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What is special about USDT?

Tether (USDT) offers investors a unique opportunity to mitigate volatility in the crypto market. In other words, it offers a haven that investors can use to avoid taking significant losses when bear markets hit.

Its multichain interoperability means it can be sent and received across the blockchain networks listed above. Additionally, investors holding tokens built on these blockchain networks can easily exchange their other assets for USDT if they anticipate a fall in the price of that asset. ie investors do not have to turn their investment portfolio into hard cash during periods of volatility.

It is also a widely accepted form of payment used by providers and payment merchants worldwide online and offline. This allows people in areas where the US dollar is not accessible to carry out their (cross-border) transactions easily and without stress.

Its multiple unique offerings and diverse use cases have made Tether USDT a major force to be reckoned with in the crypto world. Today, it ranks third behind Bitcoin and Ethereum with a total market cap of nearly $68 billion.

Why should you buy USDT?

The first reason why you should buy USDT is that it is an easy way to protect your investment portfolio from the high volatility in the crypto markets. Holding part of your portfolio as USDT means you have greatly reduced the risk of losing your entire portfolio due to a sudden price dump.

Additionally, holding USDT means you can make payments seamlessly regardless of the blockchain network or payment gateway you encounter. It is definitely a passport that is accepted anywhere in the world.

What is Big Eyes?

Big Eyes (BIG) is an exciting new venture that offers an opportunity to invest in the next best thing in the cryptocurrency world. It’s a fantastic revolution that leverages modern, cutting-edge blockchain technology to provide a full suite of the best decentralized finance products and services.

The project is a unique new attempt to attract the millions of unbanked people in today’s world by building on a sense of community and a system that rewards creativity and persistence. Big Eyes is a community-led, community-centric cryptocurrency with a bubbly personality.

The name “Big Eyes” comes from the most distinctive feature of the project’s mascot, a beautiful cat with big charming eyes. The community includes members from all walks of life, united by a collective admiration for cats, the oceans, cryptocurrency and a desire to generate passive income.

Big Eyes NFTs

Big Eyes (BIG) also provides community members with a platform for artists to showcase their talent and express their admiration for cats through the Sushi Crew NFTs. Additionally, community members are invited to create artworks and share them with the community in exchange for juicy rewards.

The Big Eyes Sushi Crew plays a central role in the project’s strategy to accelerate mainstream adoption and grow the community. It aims to become one of the top ten NFT projects in the world of crypto by the end of 2022. Big Eyes NFTs will have a wide range of features, including being used as a ticket to exclusive community events.

Big eyes DeFi

Another important part of the Big Eyes (BIG) ecosystem is Decentralized Finance. This part of the ecosystem focuses on rewarding community members for their contributions to the growth and mainstream adoption of the project.

The project includes a native ERC-20 token with a total supply of 200,000,000,000 tokens. The accepted means of payment, stores of value and assets provide access to the many benefits of being a member of the Big Eyes community.

70% of this total supply is reserved for early investors (will be distributed during the pre-sale), 20% for liquidity on the exchanges where the token will be listed, 5% for all marketing efforts and 5% for charity.

Community members can buy and sell their tokens without paying transaction fees. The only case where community members have to pay transaction fees is when trading NFTs.

In this case, they have to pay a 10% tax on each transaction. The team will distribute 5% among all token holders, 4% to the original seller of the NFT, and 1% to charities dedicated to saving cats and the oceans.

how to buy

Big Eyes is currently hosting its private sale event where 140,000,000,000 BIG tokens will be offered for sale at a discounted price of just 1 USDT for 10,000.00 Big Eyes.

Attending the presale event is as easy as visiting the official Big Eyes website. Once you click the Buy Now button, you will be asked to connect your wallet (Metamask) and you can buy as many BIG tokens as you want.

Big eyes (BIG)

website: https://bigeyes.space/

Buy Big Eyes Coin: https://bigeyes.space/#signup

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