A valuable partnership between FTX and Binance, the second-largest cryptocurrency exchange, failed due to unforeseen circumstances, which marked a sharp decline in the cryptocurrency market. Coin values decreased as more people began selling in a panic.

Some cryptocurrencies, such as Avalanche (AVAX) and Algorand (ALGO), were also affected by this bubble. With these currencies sinking, we anticipate a newcomer called Big Eyes Coin (BIG) will take the top spot in 2023.

What is Avalanche (AVAX)

Avalanche (AVAX) is a fast, smart contracts platform, which is open and programmable for decentralized applications. The Avalanche (AVAX) platform enables the launch of Ethereum decentralized apps and the deployment of blockchains according to the user’s application requirements. Avalanche (AVAX) employs a token that can be staked to protect the network and pay transaction fees.

Avalanche (AVAX), like the Ethereum network, powers a diverse set of applications, including decentralized finance (DeFi) protocols as well as Non Fungible Tokens (NFTs). Avalanche (AVAX) is governed by a proof-of-stake mechanism that operates at an accessible and affordable rate.

Although Avalanche (AVAX) did not provide us with exceptional ROI this year, with the coin’s price down 87% below its all-time high, the currency has secured significant collaborations as we approach the close of the year. The most notable is its recent agreement with BLRD, the maker of Final Fantasy mobile games, to publish the company’s first-ever Web3 game.

Avalanche (AVAX) has seen a price gain in the recent week and month as a result of the broader market sentiment. Avalanche (AVAX) has gained about 5% on the weekly growth chart and more than 13% on the monthly performance chart. Avalanche (AVAX) is now trading at $19.29 as a result of these gains.

Why You Need to Know About Algorand (ALGO)

Algorand (ALGO) is a groundbreaking decentralized crypto platform that allows for the development of decentralized apps and games. The Algorand (ALGO) network is considered self-sustaining due to its unique technology, and it has witnessed a significant rise in users since its launch.

ALGO, the platform’s native currency, is intended to both reward operators and defend the network. Algorand’s original consensus algorithm is Pure Proof-of-Stake (ALGO). Customers only need one ALGO coin, as opposed to standard PoS, which requires multiple tokens to be staked at a hefty cost.

ALGO has recovered somewhat since its year-low on June 18th. Nonetheless, technical indicators suggest that a breakdown is much more likely than a bullish run, particularly after the October 13th bounce-back was denied. Analysts anticipate ALGO will reach a resistance level of $0.24 before resuming its upward trend.

Whatever the length of the crypto winter, it may not provide the necessary incentives for ALGO users to see their coins recover to their original value. As a result, the Algorand project, whose primary selling feature is fast transaction times, has troubled its investors, as the bear market has flushed out much of the investors’ excitement, which peaked at $3.28 and is currently as low as $0.30. Investors who wish to see the profitability of their ALGO investments restored may have to wait a bit.

Big Eyes Coin (BIG) Changing the Meme Coin Industry

Big Eyes Coin intends to reshape meme currencies by promoting ocean-saving charitable donations, releasing the top ten NFTs, and establishing a dynamic community of cat lovers. The cryptocurrency market is valued at over $900 billion, however, there are very few crypto projects that benefit the environment.

Big Eyes Coin, on the other hand, seeks to change that by contributing 5% of its overall supply to ocean-saving NGOs. As a result, everybody who invests in Big Eyes will be quietly helping to clean the seas, increase fish health, and mitigate global warming.

In terms of NFTs, all you have to do is visit the Big Eyes website to get a sense of the irresistibly cute digital products to come. When compared with Big Eyes Coin’s aspirations, this has the potential to be extremely profitable.

Having cool items isn’t much fun if you can’t share them with other people who share your interests. As a result, Big Eyes Coin wishes to unite all of its investors by conducting fascinating community events.

Transaction fees are funded by BIG tokens. It is the primary money used across the Big Eyes Coin ecosystem. A successful presale transaction gives you access to the Big Eyes ecosystem. Purchase the presale before it closes to get the benefits in the future. Big Eyes Coin are giving users an additional 5% worth of tokens with the code: BCUTE880

To learn more about Big Eyes Coin (BIG) click below

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.