Since its Introduction, the cryptocurrency industry has been moving with a big wave in the financial ecosystem. It is regarded as the future of finance and how transactions will be performed. Though cryptocurrencies are known for their volatile nature and unpredictability, the cryptocurrencies that are being introduced into the crypto market recently are changing that narrative. Most newly introduced cryptocurrencies are working tirelessly toward an anti-rug ecosystem for their projects.
Major cryptocurrencies introduced a long time back were built on a centralized platform. Still, with the Introduction of new cryptocurrencies on the decentralized platform, quite a number of them are now moving into decentralization also to give users a secure and safe network system. Introduction of new day cryptocurrency projects such as Big Eyes Coin (BIG), Avalanche (AVAX), Chainlink (LINK), is showing the crypto community the reliability of decentralized ecosystems, and how it puts the power in the hands of users.
Big Eyes Coin (BIG): The Meme Coin of 2022
Big Eyes Coin (BIG) is a meme coin that has been getting major positive hype in 2022. It has created so much buzz in the major social media space and garnered much support from the crypto community. Crypto enthusiasts have been comparing it as the next big thing to the Shiba Inu meme coin, and so far, it has been living up to the name created for itself, primarily through its presale stages.
Big Eyes Coin’s (BIG) aim is to revolutionize the crypto market, outshining other meme coins and cryptocurrencies. Big Eyes Coin (BIG) plans to donate some percentage of its token presale to charities and organizations focusing on improving the ecosystem.
Avalanche (AVAX): Redefining Swift Transactions
Avalanche (AVAX), a fast, intelligent contracts platform in the blockchain industry, is an open and programmable platform for decentralized applications. Avalanche (AVAX) platform allows the launch of Ethereum decentralized applications and deploying blockchains that fit the user’s application needs. Avalanche (AVAX) makes use of its token that can be staked to secure the network and also used to pay transaction fees.
Avalanche (AVAX) powers, just like the Ethereum network, a wide array of applications, such as decentralized finance (DeFi) protocols and Non Fungible Tokens (NFTs). A proof-of-stake mechanism governs Avalanche (AVAX), operating at an accessible and affordable pattern. Avalanche (AVAX) has a financial structure entirely controlled by user governance. Avalanche (AVAX) processed as fast as 4500 transactions per second for its peer-to-peer transactions, which is more than the other major platforms.
How Chainlink (LINK) is Linking Network of Oracles
Chainlink (LINK) is a decentralized network that uses oracle to provide tamper-proof outputs, inputs, and computations to back up advanced smart contracts on all blockchain platforms. Chainlink (LINK) uses a highly secure and flexible infrastructure to provide a reliable, tamper-proof network using decentralization.
The Chainlink (LINK) token is the ERC-20 native token of the Chainlink (LINK) network, based on the Ethereum blockchain. Chainlink (LINK) token provides the incentive mechanism for the Chainlink (LINK) community to participate in Chainlink’s (LINK) network of oracles. Chainlink (LINK) token is a target for crypto whales holding vast amounts of it. The token can incentivize staking and future free opportunities, mutually beneficial to the Chainlink (LINK) community, and correct oracle node behavior. Chainlink (LINK) has multiple partnerships with major financial big-names like SWIFT.
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