Anti-Inflation Projects Worth Your While: Avalanche, Fantom, and Big Eyes Coin
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Due to a number of usage-related criteria, cryptocurrencies have gained far more acceptance than the conventional financial market since their debut. Due to consumer requests for a better user experience, a few minor adjustments have been made to the previous banking system since it has been in operation for a while. Despite all of this, there are still specific problems with the conventional financial sector, which is why the cryptocurrency market was created and is now the home of initiatives like Avalanche.
Despite the volatility of cryptocurrency values, the market beats the conventional market in terms of inflation. Avalanche and other cryptocurrencies can act as an inflation hedge, which is one of their key advantages, in addition to their distinctive pricing. The pricing of cryptocurrencies provides investment funds with a safety net against any inflation they might encounter in the traditional banking sector, even though they don’t prohibit it. Investor demand is high for cryptocurrencies like Avalanche, which have low inflation rates. This article primarily focuses on two crypto projects that are guaranteed to be deflationary since they are intended to fight inflation. Avalanche, Fantom and Big Eyes Coin (BIG) are the anti-inflation initiatives for these cryptocurrencies.
Avalanche (AVAX)
The Avalanche (AVAX) blockchain supports the creation of smart contracts, has low costs, is speedy, and respects the environment. The cryptocurrency project has the quickest smart contract platform when measuring “time to finality.” Avalanche is the best platform for using smart contracts and dApps since it allows developers to make faster products thanks to the speed of blockchains. Currently operating on the Avalanche mainnet blockchain, which was released in September 2020, are more than 450 cryptocurrency projects. More than a million users and developers actively participate in the vibrant community that uses its network, which it also boasts.
AVAX is the name of the utility token for the Avalanche network. With a current market capitalization of $4,876,757,560, there are 283,452,491 AVAX coins in circulation out of a total supply of 720,000,000. By market capitalization, AVAX ranks among the top 20 cryptocurrencies. For staking, trading, and other purposes on the Avalanche platform, AVAX is used. AVAX can be used for communication inside the bitcoin industry. The token is available for purchase on the websites of Binance, Bitfinex, Gate.io, and Kucoin exchanges.
With the help of the smart contract platform Fantom, customers may acquire services quickly and at a fair price. The Fantom (FTM) blockchain enables users to create cross-platform, integrated decentralized applications (DApps) and blockchain solutions with ease. DeFi products and services are offered by Fantom for quick and affordable purchase by developers. On an unregulated site, it functions as an Ethereum replacement. It is decentralized and defends the network by employing a proof-of-stake method.
FTM is the name of the natively supported utility token on the platform. A high-quality token like FTM will invariably place in the top 10 in any given year. Network transaction completion and getting platform governance rights are only two examples of the many use cases for FTM.
Big Eyes Coin
Big Eyes Coin has special qualities that make the experience more enjoyable because it is based on adorable kitties. The ecosystem is powered by the community because it makes up to 90% of the tokens available to the community at launch. By doing this, the community is given power, and the ecosystem is strengthened.
At the same time, Big Eyes offers an ecology with no fees, taxes, or concerns. The NFT collections made on the platform have a chance to rank among the top ten, adding value to the Big Eye token.
Big Eyes Coin has launched its presale now reaching $1 million in just one week, and you definitely shouldn’t miss out on it.
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