October, commonly known as Uptober in the crypto market, is historically the best time to hold cryptocurrency because its values usually rise during this period. Holding cryptocurrencies while their values rise results in significant returns on your initial purchase, boosting your portfolio for future trades.
Three cryptocurrencies that have the potential to boost your portfolio this Uptober are; Shiba Inu (SHIB), Solana (SOL), and Big Eyes Coin (BIG). Shiba Inu and Solana are two cryptocurrencies that have provided outstanding returns in the past, with Shiba Inu recording a 48,000,000% increase between its launch price to November 2021.
Big Eyes Coin could follow the trend set by these crypto giants as it is currently smashing through each presale stage, raising $8 million at the time of writing. This editorial piece will examine why each of these tokens has the potential to boost your portfolio this Uptober. Let’s begin!
Big Eyes Coin’s Rise To Stardom
Big Eyes Coin has demonstrated what it means to be a successful meme token. The unique design of the Anime mascot has appealed to the growing population of Anime consumers, with plans to release comic books depicting the mascot’s adventure in making a cryptocurrency.
NFTs comprise a large part of the Big Eyes Coin ecosystem. Big Eyes Coin aims to host a collection in the top ten projects, making its NFTs extremely valuable if it achieves this goal. While NFTs won’t release until the third stage of the roadmap, users can still enjoy a plethora of activities on the Big Eyes Coin platform.
Namely, Big Eyes Coin’s competition happening right now! Big Eyes Coin is giving away 250,000 of its precious tokens to ten lucky winners. If you are the first winner picked by Big Eyes Coin, you take home 100,000! The rest is divided among the remaining nine winners, all chosen on the 11th of December.
Shiba Inu’s Price Volatility
As mentioned above, Shiba Inu holds one of the most lucrative value increases in the crypto market. If someone purchased $10 of Shiba Inu in January 2021, they would have become a millionaire in October 2021. So, how can users take advantage of Shiba Inu’s price right now?
Meme tokens are known for volatility, and Shiba Inu is no different from the rest. When the market crashed in 2022, Shiba Inu followed the rest of its meme coin compatriots and tumbled in price. However, since Shiba Inu’s price has stabilised somewhat, something interesting is happening with Ethereum (ETH) whales.
Shiba Inu is the most favourable cryptocurrency to purchase by Ethereum whales. In a shocking news update, one Ethereum whale purchased 536 billion SHIB ahead of the Ethereum merge. However, even when Shiba Inu’s price dipped below the support level, Ethereum whales retained their SHIB. Is Shiba Inu readying for another price rally?
Speedy Solana Could Boost Your Portfolio
Solana is among the crypto giants that have provided significant returns in the past. Solana’s streamlined network solved the scalability issue in the blockchain trilemma, allowing Solana to become an alternative blockchain to slow Proof-of-Work (PoW) platforms like Bitcoin (BTC).
Even when performing at a high level, Solana still offers some of the lowest transaction fees in the blockchain industry. The average cost of each Solana transaction is $0.00025, with Solana ensuring that transaction fees will remain below $0.01 for developers and users!
While Solana can provide significant returns, it also allows you to earn passive income through staking. By utilising Ledger Live, you can delegate Solana to stake easily and securely, retaining full ownership over your coins with competitive rewards for your effort in securing the blockchain network.
Historically, Shiba Inu and Solana have provided significant returns for their holders, allowing them to boost their portfolios effectively. Big Eyes Coin looks to replicate this success when it launches, shifting wealth into the DeFi ecosystem and building an unstoppable community.
Big Eyes Coin is currently wrapping up the fifth stage of its presale. Since each presale stage increases the token price by 25%, purchasing BIG earlier is ideal before it potentially explodes at launch. To obtain bonus tokens with your purchase, use the ‘BEYES942’ code at the checkout!
For more information on Big Eyes Coin (BIG), please visit the following links: