Do DOT & CHAIN have a future as BIG emerges as a rival?

After a successful presale and listing on decentralised exchanges (DEX) like Uniswap and OKX, as well as centralised exchanges (CEX) like Poloniex and LBank, Big Eyes Coin (BIG) is all set to take over the meme coin space. Aside from that, BIG’s forthcoming Big Casino includes 4000 P2E games and a range of P2E opportunities. BIG’s recent advances have rung warning alarms for established currencies like Chainlink (LINK) and Polkadot. How? Let’s find out!

BIG: All Set To Outshine Stable Coin

Big Eyes Coin, which rapidly gained popularity after a successful initial presale, is an emerging challenger that is generating a stir in the cryptocurrency market. BIG is more than just a meme coin, it establishes a distinct path with powerful objectives. The project is on its way to becoming a major player in the worlds of crypto-gaming, Non-Fungible Tokens (NFTs), and social contributions. The coin’s innovative trajectory positions it to make a significant influence in the crypto market and establish itself as a force that needs to be reckoned with.

Along with an expansive casino platform, BIG also plans to expand the value of its network by entering the thriving NFT business with its cute ‘Sushi Crew’ industry.

Crypto experts see a bright future for BIG, predicting that it will overtake Dogecoin and Shiba Inu. With BIG’s continuous development, experts now alarm stablecoins like Chainlink and Polkadot, a significant expansion and triumph in BIG’s future days.

CHAIN Faces Challenges

The signs are not good for Chainlink. The currency, an Ethereum-powered decentralised oracle network, leverages tokens from the non-circulating pool, including oracle awards for nodes, to maintain the network’s long-term viability and stability. LINK, which is currently selling at $5.74, has increased by 0.20% after falling by 1.52% in the previous week. LINK has also noticed a decrease in social media mentions, indicating a drop in LINK’s popularity and declining investor interest.

Furthermore, LINK sceptics see recent large transactions made by LINK whales as evidence of increased selling pressure, anticipating additional drops in LINK’s price in comparison to other alternative cryptocurrencies. According to their projections, LINK will shortly fall to $4.46, kicking off a significant downward trend.

DOT Needs To Join Some Lines

Polkadot, on the other hand, which was previously lauded as a pioneering platform for cross-chain connectivity, is now struggling to keep pace while opening the way for BIG. The currency functions as an open-source, sharded multichain protocol that creates a secure network of specialised blockchains. Its goal is to enable the smooth movement of various data and asset kinds between chains, going beyond tokens alone. This interoperability enables blockchains to be linked together. Polkadot’s primary goal is to establish the framework for a decentralised internet of blockchains, often known as Web3.

DOT is facing challenges that have resulted in a reduction in its market position. Despite its cutting-edge technologies and relationships like Moonbeam and Hydra DX, DOT faces an uphill battle to reclaim its market position. Notably, a collaboration with Phala Network’s Phat Contract aims to bridge the gap between Ethereum Virtual Machine (EVM) and Substrate blockchains, allowing for smooth transitions and communication between them. Polkadot (DOT) is currently priced at $4.89, 14.83% below its all-time high.

The Last Bite

Big Eyes Coin (BIG) has gained attention in the crypto market through a tremendously successful presale. With its upcoming Big Casino and innovative approach to crypto gaming, NFTs, and social contributions, BIG is poised to challenge established currencies like Chainlink and Polkadot.

Chainlink faces declining popularity, while Polkadot struggles to maintain its market position despite advanced technologies and partnerships. However, Polkadot’s collaboration with Phala Network’s Phat Contract offers opportunities for seamless transitions between blockchains. Currently priced at $4.89, Polkadot (DOT) is 14.83% below its all-time high, requiring further assessment.

Big Eyes Coin (BIG)

Website: https://bigeyes.space/

Telegram: Telegram: Contact @BIGEYESOFFICIAL

Instagram: https://www.instagram.com/BigEyesCoin/

Twitter: https://twitter.com/BigEyesCoin

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