Daily Crypto News

Crypto News Today: Big Eyes Coin Hits $9 Million In Presale As Solana and Avalanche Feel

The month of October is famous for many things. The celebration of the Hindu religious festival Diwali, Halloween, and the rising values of cryptocurrencies. Throughout the history of the crypto market, cryptocurrencies have traditionally performed at their best during October or the Autumn period. The word, Uptober, has gradually become part of the crypto vocabulary, meaning cryptocurrencies often rise during this month.

So, which cryptocurrencies should you keep your eye on this Uptober? This editorial piece will examine three cryptocurrencies that have performed well thus far and a new meme token garnering significant attention for its success in the presale stage. Solana (SOL) and Avalanche (AVAX) are two cryptocurrencies that cemented their place at the forefront of the crypto sphere, providing dynamic blockchains for dApps to employ.

Big Eyes Coin (BIG) is a new meme token currently grabbing all the headlines. The innovative platform has designed an ecosystem that facilitates growth for the DeFi ecosystem while remaining sustainable. Let’s begin by examining Big Eyes Coin.

Big Eyes Coin Pledges Support To The Oceans

The Big Eyes Coin ecosystem hosts many services and tools from which its users can benefit. Big Eyes will host regular NFT and token giveaways and NFT events with the seasons!

Another unique feature of the Big Eyes Coin ecosystem is the Anime inspired feline mascot that deviates from the routine dog-theme mascots associated with meme tokens. Not only does it make Big Eyes stand out, but it also appeals to the growing population of Anime consumers, with plans to cater to them through comic book releases.

Additionally, those invested in sustainability will be delighted to know that Big Eyes Coin is committed to saving ocean life. Big Eyes Coin has assembled a charity wallet holding 5% of BIG tokens, which ocean sanctuaries will receive with additional funds from NFT tax fees.

Speedy Solana Sees Surge

Solana initially graced the crypto market in 2019 as a blockchain solution. Many blockchains harnessed great power. However, they couldn’t scale efficiently since they used the outdated Proof-of-Work (PoW) consensus mechanism that consumed a colossal amount of energy.

Solana solved this by implementing a combined consensus of Proof-of-History (PoH) and Proof-of-Stake (PoS), allowing it to reach 50,000 transactions per second. While performing at a higher level than PoW platforms, Solana also maintained a low carbon footprint due to PoS platforms requiring less energy.

Because it solved multiple blockchain issues, Solana earned its place in the top ten cryptocurrencies by market capitalisation. Solana has retained its position through many crypto crashes and is finally increasing its value again as the blockchain feels the effects of Uptober. Solana has increased in value by 5.45% in seven days at the time of writing.

Avalanche Surges 9% In Uptober!

Like Solana, Avalanche was introduced to the crypto market to solve issues with blockchain technology. Avalanche took it upon itself to prove that blockchains could perform at a high level while remaining carbon neutral.

In a significant moment for the crypto world, Avalanche announced that it became carbon neutral in November 2021. However, Avalanche remained one of the fastest blockchains in the industry, processing 4,500 transactions per second.

Avalanche has followed the trend set by the rest of the crypto market this Uptober. The crypto giant has increased by 9.50% in seven days at the time of writing, taking its market capitalisation to $5 billion. If this trend continues, you should consider adding Avalanche to your portfolio.

To Summarise

As mentioned above, Solana and Avalanche have cemented their place at the forefront of the crypto sphere. Additionally, they have each felt the effects of Uptober, increasing their market capitalisations by considerable amounts. Big Eyes Coin is finishing the sixth stage of its presale, selling out at record speed as it looks to compete with the likes of Dogecoin (DOGE).

If you want to gain bonus tokens with your purchase, use the code ‘BEYES501’ at the checkout to receive a 5% bonus with your order.

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

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Read More: Crypto News Today: Big Eyes Coin Hits $9 Million In Presale As Solana and Avalanche Feel

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