The new cryptocurrency, Big Eyes (BIG), is gaining traction in the cryptocurrency market, drawing the interest of crypto enthusiasts. This comes at a time when altcoin leader Ethereum (ETH) is close to dropping its 2.0 upgrade, the “Ethereum Merge.”
Also, meme token, Shiba Inu (SHIB), continues its steady transformation from just a meme token to a robust ecosystem with a metaverse providing users with exciting opportunities.
This guide discusses how these three cryptos are making a statement in cryptocurrency history and why crypto enthusiasts must watch out for them.
Ethereum Merge Is Almost Here
It’s no news that Ethereum (ETH) is the second largest cryptocurrency by market capitalization and the largest NFT ecosystem in the crypto space. Recently, its founder, Vitalik Buterin, announced “The Merge,” an upgrade to the Ethereum (ETH) ecosystem.
Basically, the Ethereum Merge will migrate the Ethereum blockchain to the Proof-of-Stake (PoS) consensus mechanism. The Ethereum (ETH) network currently runs on the Proof-of-Work (PoW) mechanism, requiring miners to compete to solve mathematical puzzles, add blocks to the network, and be rewarded with ETH.
However, this validation method uses supercomputers, which can go on for long hours or even days. Consequently, power is consumed at high voltage, leading to heavy carbon emissions. This has led to Ethereum (ETH) being criticized for its high carbon footprint, which puts the earth’s ecosystem at risk.
With the merge, Ethereum (ETH) will transition from PoW, the power-intensive method of validating networks, to PoS, making it more energy efficient and eco-friendly. The merge also comes with improved scalability, reduced transaction fees, and increased transaction speed.
NFT enthusiasts will benefit considerably from this forthcoming merge, which may also cause the Ethereum token, ETH, to surge.
Big Eyes Is an NFT-Capable Meme Coin
Big Eyes (BIG) is a cat-themed meme token that will run on the Ethereum blockchain. It aims to transcend the meme token space and incorporate NFTs while protecting the earth’s ecosystem by promoting ocean preservation.
Since it will be powered by the Ethereum (ETH) network, Big Eyes (BIG) will benefit from the merge in numerous ways, including running on a PoS consensus mechansim. With a community-driven DeFi ecosystem, it promises to be a meme token with a difference.
NFTs will play a big role in Big Eyes’ (BIG) journey, as they will create awareness and wealth with their well-groomed cats. These NFTs won’t just be art pieces; they will also grant access to Big Eyes (BIG) events!
According to the whitepaper, NFTs sold on Big Eyes (BIG) will be subject to a 10% tax, with 5% going to token holders, 4% to the seller, and 1% to charity. Users will transact on the ecosystem with BIG, the utility token of Big Eyes.
There will be a total supply of 200 billion BIG, which, unlike its NFTs, won’t incur any taxes. This is because most of the tokens will be available when it launches. 70% of BIG will be allocated to the presale. Interested individuals can join through the link that will be provided below.
Shiba Inu’s ShibaVerse Is a Wonderland for NFT lovers
Shiba Inu (SHIB) started as a meme token and is a driving force in the cryptocurrency ecosystem. The SHIB token is an internet sensation and even had copycat tokens that it inspired. Now, it has transcended being just a meme token and has expanded into the metaverse.
ShibaVerse, as the name implies, is Shiba Inu’s version of the metaverse. Since its announcement, it has caused a stir in the crypto ecosystem and promises a thrilling and immersive experience to all who venture into this space.
The ShibaVerse opens up a window of opportunities for Shiba Inu users, giving them access to mint NFTs in the form of LAND and other tradable digital assets. These NFTs can be traded on the Shiba Inu (SHIB) marketplace for profit.
These activities on the ShibaVerse will promote the utilization of the SHIB token, helping it surge in the crypto market.
Crypto users are anticipating Ethereum’s (ETH) upgrade to Ethereum 2.0. This upgrade will not only promote eco-friendly innovations but could also attract more people to embrace blockchain technology and cryptocurrency utilization.
All projects powered by the Ethereum (ETH) network will benefit from the merge, including Big Eyes (BIG), which already has its own thrilling experience arranged for its users.
On the other hand, Shiba Inu (SHIB) is prepared to give its users the adventure of a lifetime. From the observations so far, the ShibaVerse could be one of the best things to happen to citizens of the metaverse.
These cryptocurrency projects are life-changing and will benefit crypto users and the earth.