The cryptocurrency sector has undergone numerous changes and advancements in recent years. But one thing hasn’t changed: blockchain technology. The blockchain is a decentralized network of computers that records transactions and defends them from intrusion.
This technology has allowed Big Eyes Coin (BIG), Binance Coin (BNB), VeChain (VET), Litecoin (LTC), and ApeCoin (APE) to all function independently of any single body or authority. This indicates that they are less prone to manipulation than conventional currencies like the dollar or the euro. In this article, we will explore all five currencies to see why they could make you millions in 2023.
Binance Coin (BNB)
Given that Binance (BNB) is the largest exchange in the world by trading volume, this coin sitting on the top spot shouldn’t come as a surprise. The native currency of the exchange, known as BNB, was created utilizing the ERC-20 token standard. The Binance Chain, BNB’s own blockchain network, is presently in use.
Investors frequently choose BNB as an option during the cryptocurrency boom. There were 200 million BNB coins produced by the network in total. However, this is a deflationary coin because Binance routinely burns BNB tokens from the circulating supply. Its main job is to facilitate exchange operations while also enabling users to pay platform transaction fees with the currency. BNB has a market value of $45.56B and is trading at $ 284.79 per (BNB / USD) unit.
Big Eyes Coin (BIG)
Big Eyes Coin (BIG) is a new cryptocurrency that will house liquidity reserves to support DeFi operations and developments. Additionally, particular consideration will be given to liquidity providers to promote additional liquidity throughout the ecosystem. The excitement surrounding DeFi, NFTs, and meme currencies will be combined in this first cryptocurrency to enhance the meme industry and create prospects for growth and wealth creation. The platform’s transactions and activities will be facilitated by the BIG token, which is based on the Ethereum system.
The Big Eyes Coin (BIG) team has ambitious goals because it will be the first initiative to support ecosystem liquidity flow. Additionally, Big Eyes Coin (BIG) NFTs will be used as a motivator to knit the community together by providing personalized apparel to each token holder
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The VeChain (VET) blockchain network stores and distributes data on immutable goods in a safe manner. It makes previously obscured organizational duties and operations, such as supply chain management, transparent. The decentralized platform’s function is to act as a connection point for all parties involved in the supply chain.
The main objective of VeChain is to deliver a trustworthy distributed ledger network for carrying out safe, confidential, quick, and affordable financial transactions. VET offers its users a safe atmosphere. All of the data has been verified and documented. The blockchain it has optimized is called Thor. The cost of VeChain has increased by 2.01% over the past week. The cost has increased by 0.70% over the previous 24 hours. In the past two weeks, the price increased by 0.30%.
Litecoin (LTC) was created to help Bitcoin scale. It has established a strong reputation among institutional cryptocurrency fans despite being one of the more established cryptocurrencies in the market.
For those trying to create a solid portfolio that can resist difficult crypto markets, Litecoin is a fantastic option because it has withstood extreme crypto seasons. The mining rate for Litecoin has doubled recently; while this has little effect on its output, it demonstrates rising network activity. Litecoin will continue to soar as more groups use it for their cryptocurrency payment services.
The native currency of the APE ecosystem is called ApeCoin (APE). The ERC-20 token supports blockchain platform governance. The APE ecosystem is a community-centered decentralized protocol that uses games, events, and entertainment to promote culture and support its integration into the metaverse.
The democratized governing system of the community is supported by the native token. The ApeCoin DAO, the government body that casts votes, gives ideas and recommendations, and engages in discussions over the money and expansion of the Ecosystem, is only open to ApeCoin (APE) holders.
The ecosystem’s guiding principles include perseverance, bravery, equality, openness, and civic responsibility. The ApeCoin Foundation works to make the project more appealing to crypto enthusiasts. According to experts, ApeCoin possesses what it takes to offer its investors enormous gains.
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Big Eyes Coin (BIG)
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