Even with the dip in the cryptocurrency market, Shiba Inu (SHIB) and PancakeSwap (CAKE) have the potential to boost your portfolio, as they have provided outstanding returns in the past. However, a new cryptocurrency, Big Eyes Coin (BIG), may have a similar impact on your portfolio.
With crypto enthusiasts eagerly awaiting great buying opportunities to help them exit the bearish market, let’s explore why each of these mentioned cryptocurrencies is worth holding.
Shiba Inu’s Rising Utility
Shiba Inu (SHIB) is the second-largest meme cryptocurrency. It also boasts one of the most profitable value gains in the cryptocurrency market. Shiba Inu (SHIB) made some giant price leaps during its rise to stardom in 2021.
Considering this, someone who purchased $10 worth of Shiba Inu (SHIB) in January 2021 would have amassed millions of dollars, thanks to its over 40,000,000% surge. So, how can people benefit from Shiba Inu (SHIB) now?
Meme tokens are often volatile, and Shiba Inu (SHIB) is no different from the rest. When the cryptocurrency market collapsed in early 2022, Shiba Inu’s (SHIB) price plunged alongside other meme tokens.
However, its price has gradually stabilized thanks to its growing utility. Moreover, Shiba Inu (SHIB) developers are modifying its use cases to ensure it becomes more future-proof. One such modification is the cryptocurrency’s foray into the NFT and Metaverse spaces.
In the second quarter of 2022, Shiba Inu (SHIB) launched a Metaverse called Shiba Lands, where 100,595 pieces of virtual land are available at different project stages.
Furthermore, the recent upgrade of the Ethereum blockchain, Shiba Inu’s base network, could potentially ensure quicker, low-cost transactions in the Shiba Inu (SHIB) ecosystem.
PancakeSwap, Building A Robust DEX
Binance Smart Chain (BSC)-based PancakeSwap (CAKE) is one of the world’s largest decentralized exchanges (DEXs) by trade volume.
PancakeSwap (CAKE) has emerged as the go-to exchange for several BSC users because it allows them to trade their BSC native cryptocurrencies for other PancakeSwap (CAKE) listed assets.
PancakeSwap (CAKE) offers many options to individuals who prefer decentralized exchanges, including trading cryptos with other users while maintaining anonymity and control over their assets.
Also, several opportunities for yield farming and liquidity provision exist on the crypto platform, with about 3,500 coins and 4,000 trade pairs available.
Big Eyes Coin Presents DeFi Utility
Big Eyes Coin (BIG) is a revolutionary meme token that facilitates wealth transfer to the DeFi ecosystem. The goal of the new cryptocurrency is to build a self-sustaining blockchain ecosystem while generating returns for the community.
Big Eyes Coin (BIG) will achieve this by using NFTs to provide access to content and events that will accelerate the network’s growth.
NFTs will be a huge part of the Big Eyes Coin (BIG) ecosystem. Big Eyes Coin (BIG) aims to host an NFT collection that will rank among the top ten NFT projects in the market, making Big Eyes Coin (BIG) NFTs extremely valuable if it succeeds.
The project is in Stage 6 of its presale and represents a great opportunity for interested buyers to acquire what might be the next big cryptocurrency.
Big Eyes Coin (BIG), Shiba Inu (SHIB), and PancakeSwap (CAKE) are all worthy cryptocurrencies to hold.
While Shiba Inu (SHIB) and PancakeSwap (CAKE) have delivered outstanding returns for holders in the past, Big Eyes Coin (BIG) is creating an ecosystem that could rival top meme cryptocurrencies, Dogecoin (DOGE) and Shiba Inu (SHIB).
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