Bitcoin vs Litecoin: The Match-up of the Pure Cryptos, Big Eyes Coin Launches NFTs on OpenSea
Photo: Big Eyes Coion
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Bitcoin (BTC) and Litecoin (LTC) are two of the oldest cryptocurrencies. Litecoin was developed as a lighter version of Bitcoin with improved transaction speeds, lower fees and more memory intensive than Bitcoin. Newer crypto projects like Big Eyes use much more efficient methods than Bitcoin and Litecoin and are thus cost and energy efficient. Bitcoin and Litecoin are deflationary tokens whose supply reduces as demand increases.
Bitcoin and Litecoin manage their deflationary nature through crypto halving. Crypto halving is a mechanism where the mined amount gets reduced in half within a set amount of time. Both Bitcoin and Litecoin have 4-year halving periods. Litecoin will have its latest halving period starting from August 2023, from which the rate of Litecoin mined will be 6.25 LTC.
Bitcoin: The King of the Crypto World
Bitcoin was created in 2009 by a mystery man under the pseudonym Satoshi Nakamoto to create a digital currency outside central banks’ control. The decentralised Bitcoin offers transparency and efficiency in transactions that the traditional financial system could not offer.
Bitcoin is the premier crypto with a market capitalisation of more than $542 billion. The token has a market share of more than 46%. BTC has been on an upward trend after the banking crisis in the US and Europe. The perception around the token has changed from a volatile asset to a safer asset and is an excellent store of value.
The banking crisis has shown that BTC can be a store of value like gold in times of market volatility. This means that BTC has a role as a benchmark asset rather than as a form of currency. This characteristic uses cases of BTC limited but doesn’t diminish its investment credentials as the asset is projected to get back and even surpass its highest peak of $60,000.
Litecoin: The First Altcoin
Litecoin was created in 2009 to provide fast, secure and low-cost transactions. The token has a maximum supply of 84 million and is valued at $92.90. LTC is ranked 13th in terms of market capitalisation. LTC was created using the Bitcoin protocol.
Litecoin, much like Bitcoin, is a pure cryptocurrency in that its use cases don’t extend beyond its use as a medium of exchange. The token also has great potential as an investment. As a decentralised currency that any central bank doesn’t control, LTC is a great investment option in a future centred around crypto.
Big Eyes Coin: The Future Ready Meme Coin
Big Eyes Coin is the future crypto with plans to build a comprehensive ecosystem. The token has had one of the most successful presales in recent crypto history. The token is in the 12th stage of its presale and has raised more than $33 million.
Big Eyes Coin has its community at the centre of its project and has rewarded it with the offer of Loot Boxes in its presale. Loot Boxes allow members to earn up to 5000% extra BIG tokens. The cat crew is now offering BIG NFT cards with its Loot Boxes. The cards can be minted into NFT on the Ethereum blockchain. Big Eyes have also announced that its NFTs will launch on the largest NFT marketplace, OpenSea.
Big Eyes are committed to charitable causes and have said it will set aside 5% of its liquidity for charity.
Bitcoin will continue to maintain its importance in the crypto world. BTC is already a favourite to institutional investors, and in time the first crypto will grow to be included in the same class as gold. Litecoin is on a different level from Bitcoin; the token has a larger supply than Bitcoin. It has similar use cases to Bitcoin. LTC’s low transaction fees, higher speed and security are the factors which decide its future, as adoption will depend on said factors.
Big Eyes Coin is a new meme coin field player with entrenched players like Dogecoin and Shiba Inu. But Big Eyes Coin looks to beat the competition with its ecosystem, community engagement and environmental commitment. Investors’ push in its presale is a testament to its future potential.
The opportunity to invest in Big Eyes Coin in presale is fast diminishing as the presale is ending soon on June 3rd, and with it, the possibility of buying the coin at a considerably lower price point than market value, so don’t let the opportunity go to waste, be a part of the most exciting crypto community.
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