2023 seems to be a fresh start for the crypto market. Most of the coins are showing promising gains, and investors are looking for stability after a tumultuous 2022. According to analysts, meme coins and stablecoins will outshine other crypto tokens in the market.
Stablecoins like Tether (USDT) and Binance USD (BUSD) protect their users from the volatility of the market. Whereas, meme coins like Big Eyes Coin (BIG) is providing a one-stop-shop platform for all crypto needs. Investors are happy with the way BIG’s roadmap is progressing. With an NFT club, a DeFi component and a charity wallet, Big Eyes Coin has managed to raise a whopping $13.5M in its presale so far.
Let’s find out how these coins will prove to be a definite highlight of 2023 in the crypto market.
Tether: Invest In The Stability
By terminating lending activities and, more significantly, by avoiding the issues FTX encountered, Tether helps investors regain confidence.
The stablecoin issued by Tether, USDT, is being pushed out by Coinbase in favour of USD Coin (USDC), a stablecoin issued by Circle that is pegged to the dollar.
Since FTX’s demise, the exchange claims that USD Coin has become the most sought-after stablecoin for exchanges, and in order to promote its adoption, it has eliminated all conversion costs on its platform.
Binance USD: Guaranteed Protection For Your Money
Paxos and Binance established the BUSD stablecoin in an effort to develop a cryptocurrency that would be pegged to the US dollar. The fact that one unit of BUSD is equal to one US dollar is a major feature of BUSD.
Paxos owns a quantity of US dollars equivalent to the whole supply of BUSD to support this value. As a result, changes in the price of USD immediately affect the stablecoin’s price. To guarantee the protection and safety of user assets, BUSD delivers a monthly audited report of reserves in accordance with strict regulatory criteria.
BUSD gives traders and cryptocurrency users the freedom to conduct transactions with other digital and blockchain-based assets while lowering the risk of volatility thanks to its stability in relation to the US dollar.
Cryptocurrency holders may see erratic changes in the value of their portfolio due to the nature of cryptocurrencies. A stablecoin like BUSD might be a very effective hedge against times of market volatility.
Big Eyes Coin: Cat-Themed Meme Crypto
Big Eyes Coin, a recently minted cryptocurrency token, aims to dominate the market for meme tokens following a successful presale event.
Numerous features of the cryptocurrency include a decentralised platform, smart contracts, straightforward token purchases, enhanced security measures, an emphasis on the environment, and attractive offers that are sure to attract users.
Solidity’s smart contract verification provides protection from third-party threats for digital asset owners. Users who are unsure about the reliability of transactions done on the network can rest assured knowing that the platform is secure, thanks to CoinSniper.
Final Thoughts
To maximise your portfolio, consider investing in Big Eyes Coin’s presale. When the presale stage is over, the meme coin has secured a CEX launch. Once the coin is out in the market, it will provide joy to the early investors.
There’s still time left for you to enter the presale, so place your bets in the cute cat token as it will never disappoint.
Use the code BIGsave019 to get bonus tokens!
Click on the links below to enter the ‘big’ presale!
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
