The current year’s events have been a reality check for newbies that entered the coin market during its booming period in the previous year. The market volatility can’t be overemphasized, and there is no guarantee that a crypto asset will yield profit or loss. Having realized this, the best approach is to follow in the footsteps of top crypto enthusiasts by emulating their best practices.
One of the things to emulate is the act of preparing for a new year by doing tons of research to identify great crypto purchases. With the numerous options of crypto assets available, you need a guide or starting point to start your research. Filecoin (FIL), EOS (EOS), and Big Eyes Coin (BIG) are great crypto assets to start with. They have high potential, and their market performance could exceed expectations.
Filecoin is a decentralized blockchain protocol focused on storage services. Its permissionless nature ensures that users can safely and easily store data on the blockchain network at a cheap fee. Filecoin ensures users retain optimum control over data usage and access and makes data retrieval seamless.
The Filecoin ecosystem consists of clients (you), storage miners, and retrieval miners. Each ecosystem member interacts to initiate and complete transactions on the protocol, using Filecoin token (FIL) as a payment medium.
Retrieval miners are responsible for extracting clients’ data upon request, while storage miners help keep/store their data safely on the platform and receive rewards. Sometimes, a retrieval miner can function as a storage miner, and clients pay for both services with FIL.
Filecoin (FIL) has had one of the worst declines from a peak price in the market’s history, experiencing about a 99% price decrease from its initial $237.24 all-time high in 2021. However, the crypto asset is gradually rising again, and it could gain full momentum in 2023.
EOS is a community-centered blockchain network with innovative tools and resources to aid seamless project building. The easy-to-use platform has needed resources to help developers understand the fundamentals of blockchain technology, making it easy for them to build on it.
The blockchain platform is open-sourced and built to leverage highly efficient technologies. This makes it high performing, flexible, and secure. It is powered by a virtual machine and uses a Delegated Proof of Stake (DPos) consensus that gives token holders the right to select node operators. EOS’ native token, EOS, is regarded as the most scalable and programmable digital currency.
The crypto asset could come good in a few months, as it hopes to rally from its less than $1 market price to a new price above its $3.53-year high. EOS (EOS) will likely yield a fair profit for holders, and it’s one to watch out for.
Big Eyes Coin (BIG)
Big Eyes is a community-focused meme coin with a functional ecosystem built to facilitate the increase of DeFi wealth and provide opportunities to users. The Big Eyes blockchain-built ecosystem will have educational resources to acclimatize users with DeFi, increasing accessibility and adoption.
It will feature a swap for token exchange and a digital asset marketplace for virtual trading items. Transactions on Big Eyes are completed using the Big Eyes token (BIG) as a payment medium. The cryptocurrency has a 200 billion total supply, with about 80% available on presale.
The large amount of Big Eyes tokens on presale indicates the crypto project is focused on users’ and community members’ chances of profiting, unlike other projects that are only concerned with making profits. Big Eyes has already raised over $13 million during its presale. The platform will have NFT connections for you to leverage for great experiences and financial benefits. It will feature a tax-free shopping policy, charity intervention, and effective marketing endeavors. All these increase its chances at market success and could be the best time to join its presale.
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