As the cryptocurrency crash rages in the markets, traders are optimistic that the bearish trend will not last long. Analysts suggest that current token prices will improve in the new year as the value of coins continues to drop on a weekly basis. Here is an overview of Dogecoin (DOGE), Tezos (XTZ) and Big Eyes Coin (BIG), which are expected to rise during the bull market in 2023.
Dogecoin (DOGE) was the first memcoin to enter the cryptocurrency market. The token sought to bring some humor to the hectic cryptocurrency market. Developers Billy Markus and Jackson Palmer later revealed that they were just trying to play a joke on existing tokens at the time.
Contrary to expectations, Dogecoin (DOGE) has consistently dominated the cryptocurrency charts. Despite the low price per token, the platform enjoys the highest rating among users as everyone needs a laugh from time to time.
The Dogecoin (DOGE) platform runs on a proof-of-work protocol similar to Bitcoin, where users mine DOGE for rewards. However, mining is only profitable when users perform it using specialized computers such as ASICs.
Dogecoin (DOGE) peaked in 2021 when Elon Musk made a public announcement that he supported the platform as the choice for the future of global trade. The announcement showed Dogecoin (DOGE) peaked at $80 billion as several celebrities succumbed to the trend to massively invest in Dogecoin.
Dogecoin (DOGE) is expected to rise in 2023 due to a bullish trend. The token is currently being sold on CoinMarketCap for approximately $0.08.
Tezos (XTZ) is one of the most versatile tokens in the cryptocurrency market as it supports a wide range of DeFi tools and Web3 solutions designed to enhance the user experience on the platform. Moreover, developers can add valuable applications to the protocol as they see fit to add value to users.
Tezos (XTZ) has a self-changing proof of stake protocol. The protocol is self-changing because it is constantly evolving with changes to the source code of the protocol. Constant evolution ensures that the platform does not develop a hard fork due to protocol changes.
The Tezos (XTZ) platform is widely known for its secure and fast transactions, mainly due to its smart contracts and proof-of-stake protocol. The network also offers value to users in games and NFTs, where developers have reimagined existing blockchain games to create a fantastic user experience. In addition, NFT creators and collectors have the opportunity to tokenize their favorite moments and digital media. The most popular NFT collections are based on music, art, books and Formula 1.
Tezos’ official token is TXZ, which is used to build the platform and vote on its future. The token is available on CoinMarketCap for $1.05.
Coin with big eyes (LARGE)
Big Eyes (BIG) is the latest expected token launch in the cryptocurrency market. The token is in its sixth pre-launch stage and users are still flooding the platform to claim their tokens at the pre-sale price.
Big Eyes (BIG) developers have announced that they will be giving away 250,000 tokens as part of the Big Eyes (BIG) community competition. The giveaway contest is open to all participants who have purchased BIG tokens prior to the draw date. Ten winners will be selected and announced by mid-December, where the first place will receive 100,000 rewards.
In addition to the free giveaway, the platform will soon feature an NFT club, Sushi Crew, which will allow users to create, sell or trade their NFT assets with others on the network. The developers have also prepared several tokens for distribution to participants at discounted prices to encourage participation in the NFT market. An important bonus of the NFT club is that Sushi Crew will not charge network fees for NFT trading. Hence, users can make as many transactions as they want without being arrested. This move by the developers aims to reduce the high gas fees often associated with trading on the Ethereum blockchain.
For more exclusive information and promo codes, watch this video:
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Coin with big eyes (LARGE)