As per the latest crypto news, the market may be heading for a new bull rally with the worst behind us. Accumulating huge quantities of tokens at a time when the markets are slightly down can help in potentially reaping huge returns once a bull run starts again.
However, this can take a lot of time and effort since its difficult to identify the right mix of tokens that could potentially provide huge gains in the long term. Big Eyes (BIG), Ripple (XRP), and Chiliz (CHZ) are three cryptocurrencies that could help in providing the necessary thrust to a high-growth crypto portfolio for the long-term.
All three coins have great utilities and have come up with interesting updates especially Big Eyes which has taken the revolutionary step of removing buy and sell tax, meaning you save more even when you transact with the BIG Token. The Big Eyes Token is available on presale for interested buyers. Read this guide to find out how you can buy the BIG Token.
Cryptocurrencies have emerged as a solution to problems of slow payments and have been looked upon as a store of value in the recent past. Many investors including institutional clients are now allocating a portion of their portfolio toward cryptocurrency assets.
A major advantage of having some cryptos in your portfolio is that the returns can often help in overcoming inflation. Many investors in the past have become rich overnight once their token witnessed a huge price rise. A major factor that determines the success of a token is a well-thought-out plan and the utility behind it. Let’s find out more about the execution strategy and utilities behind the three tokens shortlisted above so you can make a better investment decision.
Big Eyes is a cat inspired meme Token that will provide DeFi benefits for its users
Unlike many other meme tokens that offer little utility, Big Eyes has lots of interesting plans for its users. It will focus on the DeFi and NFT sectors and will provide multiple benefits to its users. The network will be powered by a native token known as BIG. The BIG Token is being sold through a presale and you can easily accumulate huge volumes since its available at low and attractive prices.
Here are some of the main advantages of holding the Big Eyes Token:
- Community Token: 90% of the supply will be available at launch. No individual will own a majority share and the BIG Token will be in the hands of the community of its users.
- Tax free transactions: Unlike other tokens, there is no buy and sell tax involved here so users will get better returns in the long term.
- Charity Component: 5% of funds will be used for various charity efforts primarily aimed at saving the oceans.
- NFTs will help in popularizing this meme Token. Profits accumulated from NFT events will be sent to a “burn or not to burn” vote.
- Big Eyes has awesome plans for a great marketing effort that could help to bring this token a lot of attention in the future. While the community will play an important role, 5% of funds have been earmarked for marketing efforts in the future.
The BIG Token will have a fixed supply of 200,000,000,000 coins and 70% will be sold via the presale route. 20% of the total Tokens have been allocated for exchanges and 5% has been set aside for marketing efforts. The remaining 5% of the funds will be used for charity efforts aimed at saving the oceans.
Since the major part is being sold through public sale, it is difficult for any single individual to hold a major share as everybody will be able to participate equally. The chances of a rug pull event are low in such kinds of presale events.
The presale is currently live and you can buy the BIG Token here. The current rate is 1USDT=10000 BIG Tokens.
How to buy the BIG Token
The process is very easy and all you need to do is follow the steps outlined below.
1. Ensure you have MetaMask or any other wallet recommended by wallet connect (Trust Wallet is recommended by the team).
2. Head over to the presale link here and click on the ‘Connect Wallet’ button.
3. You can then buy the Big Eyes Token through card, Ethereum (ETH) Tokens or through USDT. For USDT transactions, please ensure you have a minimum of $15 in your wallet before making a purchase.
4. Claim the tokens once the presale has ended.
An exclusive club known as the Big Eyes Sushi Crew will be available for NFT holders provided by the Big Eyes team. Users will need to purchase an NFT to access the Big Eyes Sushi Crew club.
The presale ends soon so hurry and do not miss out on the opportunity to accumulate this upcoming new meme Token that could potentially provide handsome gains once it gets listed on mainstream exchanges.
Travelex partners with Ripple to provide remittances between Brazil and Mexico
Ripple is a real-time settlement layer that helps in providing quick remittance transfers at very low rates. The Ripple exchange helps in the conversion of currencies in real-time. Ripple’s early team included four members, Jed McCaleb, Arthur Britto, David Schwartz, and Ryan Fugger.
Ripple is built on open-source technology and is powered by distributed ledgers. The native cryptocurrency known as XRP is frequently used as a bridge to transfer two different fiat currencies enabling quick and lower costs cross-border remittances.
Transactions on the Ripple network can be settled between 3-5 seconds providing it with a major advantage over traditional networks such as SWIFT. The average cost of transactions on the XRP ledger is $0.0002. The network is supported by more than 150 validators spread across the globe making Ripple a highly decentralized ecosystem.
The XRP Ledger is capable of handling 1,500 transactions per second, 24×7. The Ripple network has partnered with major institutions across the world for enabling central bank digital currencies (CBDC’s).
Travelex is a foreign currency exchange network that has partnered with Ripple and as per new reports, will utilize the RippleNet technology to power remittances between the countries of Brazil and Mexico. Travelex Bank is a 100% digital bank. It was the first exclusive foreign exchange bank approved and regulated by the Central Bank of Brazil. The new venture could possibly help in driving the adoption and usage of the XRP Token.
Whales accumulate Chiliz as mainnet upgrade completes another milestone
Chiliz is a fan token built by Socios.com and helps users in direct engagement with their teams and communities. The network is powered by a native cryptocurrency known as CHZ. Chiliz has been able to build partnerships with many well-known teams such as UFC, FC Barcelona, Manchester City, Juventus, and Paris Saint-Germain.
Fans can influence decisions by participating and accumulating fan tokens. Chiliz was founded by Alexandre Dreyfus who wanted to provide a way for fans to communicate directly with their popular teams.
As per reports, Chiliz is nearing the completion of the launch of its mainnet which will result in a migration of the Chiliz Token. Phase five of the mainnet upgrade was completed recently with two more final phases remaining. As part of its upcoming plans, the Chiliz team also wants to release a mobile application for users in the future.
The CHZ Token remains one of the most popular fan-based cryptocurrencies. Backed by great utilities, it could potentially moon in the future and can provide a nice portfolio along with Big Eyes and Ripple.
Head over to the links provided below to learn more about the BIG Token and to participate in its presale.
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.