Many traders currently profiting from the upward trend have found success in this November, in the cryptocurrency markets. Some investors are searching for new initiatives to reinvest their most recent profits as a result. Others want to enter a market that creates so many billionaires.
This editorial will discuss the salient characteristics of four cryptocurrencies that are anticipated to see long-term growth: Avalanche (AVAX), Shiba Inu (SHIB), Pi Network and Big eyes.
1. Avalanche Platform
The renowned Avalanche platform was developed to build long-lasting decentralized applications and includes the native coin AVAX (Dapps). At first, it sought to compete with the Polkadot and Ethereum systems.
Avalanche, which is incredibly quick, inexpensive, secure, and sustainable, is a strong competitor for both platforms. It is extremely well-equipped as an investment alternative and has some very strong qualities and features, such as:
- On Avalanche, launching a smart contract is 90% less expensive than on Ethereum.
- The Avalanche platform emits no greenhouse gases.
- Its innovative architecture also makes it infinitely scaleable.
The Avalanche platform’s active global community, which you can find on its website and on Reddit, Twitter, Telegram, Discord, and Youtube, is one of the frequently disregarded highlights of the system. The accessibility and competitive edge of this incredibly well-designed platform make it a cryptocurrency need.
2. Shiba Inu
Second only to Dogecoin in popularity among meme coins is Shiba Inu (SHIB) (DOGE). It was first developed to compete with Dogecoin and vy for Elon Musk’s attention and support. It reached incredible heights in 2021 after Elon Musk used a tweet to increase its recognition. But this bubble was unsustainable, and it naturally sparked a slow fall.
Recent macroeconomic changes have halted the downturn, causing Shiba Inus to rise 5% during the past three days. This is consistent with the market’s general upward tendency.
The Shiba Inu community is thrilled about the current growth boom. The community has, however, made a big effort to raise the token’s declining price by burning a significant quantity of token in recent days, which correlates with the increase.
Despite the past declining trend, the Shibaverse, ShibaSwap, and ShibEternity aspects of Shiba Inu could lead to long-term growth for this coin. Unfortunately, new coins will soon overshadow Shiba Inu and Dogecoin, according to experts.
3. Pi Network
PiCoin is receiving a lot of attention especially in Asian countries of China, Vietnam, Philippines and South Korea. The crypto project is just in its enclosed mainnet which started since December 21st 2021, with speculations that the Mainnet may go live before the end of this year.
There are rumors that PiCoin is accepted in some shops in China, Vietnam and Northern Nigeria has helped placed some value on the Coin and before the year end of the year.
Academicians Nicolas Kokkalis and Chengdiao Fan of Stanford University created the Pi network. To make digital money available to everyone, they began working on it in 2018. They created the Pi Network app and published a whitepaper on March 14, 2019.
The initiative makes environmental sustainability a priority, which can entice investors who are concerned about the environment. It may be particularly effective given that the crypto market has frequently received criticism for its high energy usage as a result of processes like proof-of-work (PoW), which harms the environment.
Users must press a button on their phone once every 24 hours to complete the mining process via the Pi Network app. Since no mining is happening, Pi mining isn’t actually cryptocurrency mining. The user base is not confirming
4. Big Eye Coin
A new meme coin called Big Eyes Coin (BIG) is expected to compete with Shiba Inu and Dogecoin. Big Eyes is now flying through the presale phases and has raised an astounding $9 Million as of this writing. This kind of early, quick growth is a great sign of the Big Eyes Coin’s quality and appeal.
Over the past month, investors have been intrigued by Big Eyes’ distinctive characteristics. These qualities consist of:
- A top-ten NFT collection is what Big Eyes guarantees.
- To help organizations that assist the preservation of marine life, 5% of its entire supply will be kept in a charity wallet.
- Taxes are not applied while purchasing BIG tokens.
- Gains are guaranteed because of the coin’s limited availability (especially for the presale tokens).
- A sizable group of marketing experts and journalists are employed by the Big Eyes team to produce sustainable hypergrowth.
With these qualifications, it is understandable why Big Eyes is presently predicted to end its presale earlier than expected. A wonderful way to diversify your digital wallet is with this meme coin.