It is the dawn of another festive period within the cryptocurrency industry, and as such, there is a degree of excitement and anticipation among members of the crypto community. The festive period marks the end of what many crypto regulars would refer to as a long and tumultuous year that has seen the cryptocurrency industry go through several ups and downs. The industry’s latest challenge, the ongoing bear market, is still very much present. However, if the events of previous years are to be taken to heart, then the industry could be in for a bullish run to mark the end of the year.
Over the last few years, the cryptocurrency industry has experienced a bullish run during the Christmas season, and crypto analysts believe this year will be no different. If all goes as planned, members of the cryptocurrency industry could face the possibility of generating massive returns before the year runs out. With the possibility of a brief bull run looming, this piece suggests three cryptocurrencies that could yield massive returns and boost portfolios. Here’s all you need to know about Big Eyes Coin (BIG), Algorand (ALGO) and Uniswap (UNI).
Algorand – The Self-Sustaining Network
Algorand (ALGO) is a popular, independent, decentralized, blockchain-based network within the cryptocurrency industry that supports a wide range of applications. The applications running on Algorand are usually secure, scalable and efficient and possess all the characteristics to make them successful in the real world. Like most crypto platforms within the cryptocurrency industry, ALGO provides feasible solutions to some of the limitations associated with older blockchain platforms, such as low transaction throughput, speed and poor scalability.
Its native cryptocurrency, ALGO, powers and supports its ecosystem. ALGO is the key to accessing the features of the Algorand ecosystem, such as network governance, user interaction and payment fees. ALGO is available on top crypto platforms within the industry, such as Binance and Coinbase.
Uniswap – The Automated Market Maker
Uniswap (UNI) is an industry-leading decentralized trading protocol within the cryptocurrency industry. Like most Decentralized Finance (De-Fi) platforms within the industry, Uniswap (UNI) provides feasible solutions to some of the industry’s limitations and older trading protocols, such as inefficiency, liquidity issues and inaccessibility.
It is renowned for its role in facilitating the automated trading of decentralized finance (De-Fi) tokens and all forms of crypto assets. It is a prime example of an Automated Market Maker (AMM) and an ideal environment for trading crypto within the cryptocurrency industry. Its native cryptocurrency, UNI, supports and powers its ecosystem. UNI stock is trading on popular crypto platforms within the industry, such as Binance and Coinbase.
Big Eyes Coin – The Newly Popular Meme Token
Big Eyes Coin (BIG) is an Ethereum (ETH) based meme coin within the cryptocurrency industry that has recently become the subject of excitement and anticipation within the cryptocurrency industry. The token has been hailed as the next big meme currency since Dogecoin (DOGE), and Shiba Inu (SHIB) by crypto analysts and appears to be on the right track.
It has raised over $11 million in presale and is on course to surpass the $20 million mark set by its team. Big Eyes Coin could be a valuable portfolio addition, and with the dawn of a new year upon us, the token could be a fantastic long-term cryptocurrency investment. For more information on the Big Eyes Coin (BIG), click here.
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