A great community behind a cryptocurrency is worth more than gold and is a sure way for the project to become very valuable. Many meme cryptocurrencies are popular because of the communities backing them. For instance, Shiba Inu (SHIB) has a community of more than 1.5 million members; you can see how far the meme token has gone in DeFi, with more advancements set to come.
The role of a community in any cryptocurrency or DeFi project cannot be overemphasized. The community is also present in DAO governance. However, DAO governance requires people with certain traits or qualities, including locking up a certain amount of the network or the project’s native/governance coin.
Cardano, Terra Classic, and Big Eyes Coin (BIG) are some of the few altcoins targeting a robust network of community members by 2023.
The MLBM Brand Intimacy list for 2022 listed Cardano as the most intimate crypto brand. Cardano came above Bitcoin and Ethereum, ranking at number 26 with a quotient score of 52.6, more than Bitcoin’s 52.5 quotient score. Also, the list contained many Fortune 500 brands, including Disney, Apple, Mercedes, and so forth.
According to multiple reports, Cardano is also one of the best-performing blockchains of 2022. The blockchain’s Vasil upgrade will further make it more scalable and efficient.
Cardano’s ADA continues to toggle positions with Ripple lately, and this shows how much interest from the crypto community it continues to garner.
Terra (Luna), the cryptocurrency of the Terra blockchain, suffered a devastating black box incident in the mid-year of 2022. The situation caused a major blow to the crypto industry, with many new traders criticizing cryptocurrency and its market.
However, to revive its network, Terra launched the Terra Classic (LUNC). This came after it depegged the Terra (LUNA) cryptocurrency from its stablecoin TerraUSD (UST). The Terra Classic is entirely a new cryptocurrency from the LUNA coin, with a huge total supply amounting to more than 6 trillion tokens.
The fourth quarter of 2022 appears to favor Terra Classic as its token gained more than 125% in the opening weeks of September. Terra Classic is still met with skepticism. However, with a growing community, Terra Classic could revive Terra Labs.
Big Eyes Coin (BIG) has been performing well in its presale as the value of its token continues to increase. This is a sign of a growing community. Big Eyes Coin, the ecosystem behind the BIG token, is gradually growing its community through the ongoing presale, which is set to end soon.
Big Eyes Coin will give holders the power to make future decisions on the platform and run transactions and activities seamlessly. The token will remit transaction rewards to liquidity miners and stakers on the platform.
You can buy the BIG token now through presale or wait until launch to purchase it through Uniswap. However, the latter doesn’t have as many benefits as the former (presale), which you might not want to miss.
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
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