The main cryptocurrencies are having an impact on the crypto market. However, the underdogs keep winning. They differ from the two largest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH). Big Eyes Coin (BIG), Binance USD (BUSD) and Tether (USDT) are some of the best altcoins in the market. All of them are distinctive due to their individual qualities. What those qualities are for each of them and why they’re the top altcoins in the cryptocurrency market will be revealed in this article!
Tether – The Biggest Altcoin
Tether (USDT) is a stablecoin that’s 1 coin value equates to 1 USD. Even whilst remaining as an altcoin, it’s one of the biggest cryptocurrencies (currently ranked #3 on CoinMarketCap). Their journey began in 2014 when Brock Pierce, Reeve Collins and Craig Sellars launched the stablecoin, which back then was called ‘Realcoin’. They operate as a digital currency that’s built on a variety of blockchains. The use of Tether tokens promotes development and expansion in the entirety of its blockchain. One of the fascinating things about Tether is its Omni Layer, which authorises transactions of tokenised currencies.
Tether’s push for innovating the whole crypto market has garnered the attention and earnings it deserves.
The Stability of Binance USD
1 Binance USD (BUSD) coin is equal to 1 USD, similar to Tether (USDT) being a stablecoin. Trading with Binance USD has no transaction costs, and Paxos is the financial institution that issues them. The New York State Department of Financial Services (NYDFS) has authorised it as a form of money that may be exchanged for other currencies. BUSD is also promoting itself as an alternative payment option for products and services. It’s leverage-free with its cash reserves, which reinvigorates BUSD’s security.
As a result of Binance USD’s pioneering aspects, they rank at #10 on CoinMarketCap.
Big Eyes Coin’s Cat-tastic Loot Box
Big Eyes Coin (BIG) is a DeFi meme coin that centres more on cats than dogs! They support charities that aid our ocean as 5% of their assets are stored in a charity wallet before it’s donated. Big Eyes desires to be a part of Web 3.0 and plans to create NFTs (digital collectables that contain adorable cats). It has a proof of stake consensus mechanism, which lowers mining and carbon footprint as a result. Big Eyes is introducing loot boxes by allowing investors to get a diverse array of products as a reward. All it takes is to apply a pin at checkout when you purchase your BIG coins.
With its incredible presale campaign, Big Eyes is just getting started with its loot boxes. Use the vault pin ‘819’ to claim your bonus. You can buy your Big Eyes Coin here.
The Three Altcoins
While investing with the three alternative coins, there is a sense of hope. Big Eyes Coin (BIG) shows promise with its endearing loot box. With simplicity, Binance (BUSD) and Tether (TUSD) transcend stablecoins that have benefited investors. The three alternative cryptocurrencies stand on their own and have a promising future!
For All Things Big Eyes Coin (BIG)