XRP Faces Volatility: Are Big Eyes Coin & Love Hate Inu Shaping To Be The ‘XRP Alternatives’ Investors Seek?
In response, a flux of eco-friendly altcoins have emerged to counteract regulators and replace outdated cryptocurrencies that struggle to find a position in the new crypto landscape, but will XRP stand the test of time or will a greater alternative replace it?
XRP: Will it Bounce Back?
Founded by Ripple Labs in 2012, XRP was in a league of its own as being the first low-cost, fast transaction and energy-efficient coins on the market.
The cryptocurrency quickly secured strong partnerships with major financial investors such as American Express and Santander, who saw the future of XRP as a scalable digital currency.
Fear loomed over XRP for being a centralised currency, unlike other cryptos. This presented a significant issue for XRP when the SEC filed a lawsuit against Ripple Labs over XRP not being a ‘registered security’, leading Ripple to sell off $336M worth of XRP tokens.
Some investors believe XRP will bounce back after the SEC lawsuit is over; others are looking for an alternative to XRP with all its benefits and more—without being centralised.
Love Hate Inu: A More Innovative Dogecoin?
Love Hate Inu (LHINU) is a meme token that uses a Shiba Inu as its mascot, as many successful meme coins have such as Dogecoin (DOGE) and Shiba Inu (SHIB). The cute animal and meme have become a major part of internet culture and communication—so DeFi currency that uses the Shiba Inu representation become instantly adoptable and shared rapidly.
However, LHINU has a unique quality you can’t find with other meme coins. LHINU aims to be a social platform built on a voting system where the community democratically decides on the direction of LHINU. To vote, you will stake and earn LHINU.
LHINU prides itself on its staking mechanism and smart contracts to prevent spam and manipulation, unlike centralised tokens such as XRP. Community power is at the forefront of LHINU, with 90% of LHINU supply being sold in the presale for the community to hold before the flood of investors arrive.
Big Eyes Coin: The ‘Holy-Grail’ of Sustainable Altcoins?
Similar to LHINU, Big Eyes Coin (BIG) is also community-focused, with 80% of coins that will be held by the community on day one and having community members vote and discuss BIG’s future.
BIG is not only community-friendly, but a low-cost, fast transaction and energy-efficient coin, incorporating the qualities of XRP while being decentralised.
Big Eyes Coin has gone the extra mile with their ethical footprints by raising $34.66m so far to eco charities and dedicating 5% of total supply towards ocean sanctuaries. To prove their validity, BIG is fully audited by Solidity Finance to be 100% secure and had their KYC passed by the reputable organisation, CoinSniper.
The New Leader of DeFi is Born
The future of DeFi that will attract investors is crypto not vulnerable to manipulation and regulation. Meme coins such as BIG harbour the qualities of XRP and LHINU but are further dedicated to being a friendly and trustworthy currency for users that know their fast transactions go to a good cause like ocean sanctuaries.
For more on Big Eyes Coin (BIG):
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
OpenSea: https://opensea.io/collection/big-eyes-lootbox-cards
Twitter: https://twitter.com/BigEyesCoin
Disclaimer:
The views expressed on this page are those of the author and not of The Portugal News.
