The crypto coin market has been around for more than a decade already. While many failed to trust the offerings of the crypto market at an early stage, it has managed to win over many people.
The global interest in cryptocurrencies is growing daily. It’s safe to say that many people are interested in purchasing cryptocurrency tokens because of their extreme profit potential, especially during a bull market. During a bull market, the price of a coin can rise five times.
Making money in the crypto space involves active participation. You’ll need to purchase and hold tokens until they reach your desired price. You’ll need to search through the market for good tokens. Binance Coin (BNB), Algorand (ALGO), and Big Eyes (BIG) are popular coins in the crypto space. This piece will reveal if they thrive in the next bull market.
Binance Coin
When you look at the history and features of Binance Coin (BNB), it’s easy to make a case for why the coin is expected to thrive. To start with, Binance coin (also known as BNB) is the native token for one of the largest cryptocurrency exchanges worldwide – Binance. As all Binance users are expected to use the Binance coin (BNB) to settle transaction fees, there will be a never-ending demand for Binance.
Also, this cryptocurrency can operate outside the limitations of the Ethereum blockchain. The Ethereum blockchain is the most popular decentralized protocol in the crypto space. However, it’s not without its limitations. The development team of Binance coin decided to opt for a better solution – Binance Smart Chain. Binance Coin (BNB) will serve as the native token for this network. As this network grows, so will the demand for Binance coins.
That’s not all. Binance coin is one of the largest crypto tokens worldwide. Yet, it has token burns to drive demand even further. When these token burns occur and reduce the coin’s total supply, its price will rally. The next bull market will be a great period to see how all of Binance coin’s features will affect its growth.
Algorand
Algorand (ALGO) is one of the crypto tokens with the highest profit potential. Its unique features have thrilled crypto traders, experts, and enthusiasts. This project exists as a cryptocurrency and blockchain platform. The autonomous, decentralized network is responsible for supporting a wide range of scalable applications.
Since Silvio Micali developed Algorand (ALGO) in 2019, this network has supported several layer-1 blockchains. That’s not all. Algorand can support layer-2 blockchains. This means that Algorand is an ideal hub for developers looking for the resources to build their applications. Algorand is at the peak of technical innovation. As a result, it offers the functionality you’ll hardly get anywhere else. The capacity of this network to support payment scalability is unmatched.
Algorand (ALGO) uses a proof-of-stake consensus to solve the blockchain trilemma. When the PoS is combined with the Byzantine Agreement Protocol, it can provide near-instant transaction finality to transactions. Furthermore, it can be used to scale crypto-related features to a large extent. This platform supports staking to secure its transaction pool.
Big Eyes
Big Eyes (BIG) is a meme coin, but this doesn’t mean it cannot thrive in a bull market. Big Eyes has enough features and community support to see it do well, especially as it has seen some massive growth in the last week of its presale stage 4. The Big Eyes Coin has raised a massive $5,527,946.31 so far!
As a community-driven token, Big Eyes (BIG) will tow the path of other meme coins like Shiba Inu, whose growth is determined by their users. Anyone is welcome to be a part of the Big Eyes project, and as there is no tax on buying or trading its tokens, it will make it all too easy for the community to grow and flourish.
The Big Eyes gleam competition is getting a lot of attention on Twitter at the moment. This competition gives Big Eyes holders the opportunity to win a part of $250,000 worth of Big Eyes. It’s safe to say that people are very excited to see who the ten winners will be.
Many users are thrilled to be a part of Big Eyes because it supports NFT creation and development. You can click the presale link to jump on the Big Eyes bandwagon.
Big Eyes Coin (BIG)
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Twitter: https://twitter.com/BigEyesCoin
