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One crucial skill when trading and investing in cryptocurrencies is to know when to buy. The logic for buying cryptocurrencies is pretty straightforward, as you’ll look at a potential future price pump. Making money in crypto is easy when you are confident that a price pump is coming. And with the developments we’ve seen with Ethereum (ETH) and Big Eyes Coin (BIG), there could be a potential to make some profit off these coins.
Big Eyes Coin (BIG) is a new memecoin on presale with huge potential to profit. The memecoin has raised over USD 1 million so far on presale. Also, considering everybody buys at a parallel price on presale, profit is almost guaranteed after launch.
Ethereum (ETH), on the other hand, has some developments coming up with the Merge that could help buyers make money in the grand scheme of things. It could be the best time to go shopping and check out Ethereum (ETH) and Big Eyes token (BIG) before FOMO sets in when the rest of the market catches on.
Big Eyes Coin – Now Is The Purr-fect Time to Buy
Big Eyes Token is a new memecoin with the potential to outdo the meta created by Dogecoin (DOGE). Since the creation of Dogecoin (DOGE), the memecoin market has only thrived with dog-derived cryptocurrencies.
Big Eyes is a cat-inspired memecoin with the sole aim to create value around its community and build wealth via its DeFi ecosystem. Being a memecoin, Big Eyes uses a cute-looking cat mascot and hopes to catch the eye of cat lovers, newbies, and experienced crypto enthusiasts.
With just a few weeks into presale, Big Eyes seems like the next big thing as soon as the market gains momentum. This memecoin is primed to take over crypto communities across the internet and quickly replicate the success of Dogecoin (DOGE) and Shiba Inu (SHIB).
The project will hold peripheral activities, including contests, events, community sessions, charity programs, etc., to extend its reach beyond the cryptocurrency market. With over USD 1 million already raised, there seems like a lot of upsides to cover for early adopters.
Ethereum Falls Ahead Of Scheduled Merge
Ethereum (ETH) is the second-largest cryptocurrency in the world, with a network that allows blockchain developers to write smart contracts and create dApps. It boasts of the biggest value in the cryptocurrency market. Ethereum’s scalability issues have been long coming. However, the network looks forward to an update that could solve some of those issues.
Ethereum has scheduled the Merge, an update that would see the network transition from Proof-of-Work (PoW) to Proof-of-Stake. This would make the ethereum blockchain eco-friendly and solve some scalability issues. After the Merge, the ethereum blockchain is expected to be able to process up to 100,000 transactions per second.
The Merge is scheduled for September, putting ethereum miners in a tough position. Because miners do not want to dump their mining equipment, there are plans to create a hard fork of the ethereum blockchain and break away from the Ethereum community like Ethereum Classic (ETC) in 2016.
The new fork is called ETHPoW, and some exchanges like BitFinex have shown support for the miners’ community, promising to list the token when it launches. There are also rumors of Justin Sun, the creator of Tron (TRX), planning to launch a stablecoin that will support the Proof-of-Work network. It could be exciting for ethereum (ETH) holders if the Proof-of-Work network gains some value, as their main ethereum assets would also be on ETHPoW.
This is the best time to buy the Big Eyes token (BIG).