Big Eyes Attracts More Than $1.2 Million In The Early Stages Of Its Presale, Is It Going To Surpass Tron And Internet Computer?

Ever since the crypto market started booming, new and novel crypto projects have been developing and launching. After Bitcoin (BTC), popular crypto categories include altcoins, meme coins, stablecoins, GameFi tokens, DeFi tokens, and many more. Big Eyes (BIG) falls under the meme coins category and is currently in its presale stages.

Timeline of , Tron

Big Eyes (BIG) is usurping the trend of dog meme cryptocurrencies with its cat token. However, with the buzz and attention the cat-meme token has gotten within a short time of presales, it seems as if the doges are taking a back seat while the “cute” big-eyed cat takes the VIP spot.

In a recent tweet, the Tron DAO's Twitter posted a link to their blog post, updating their followers about the progress in some of their on-chain metrics. According to the report, Tron's height has exceeded 43.61 million and there has been a spike in the number of accounts added.

Tron (TRX/USD) is a decentralised blockchain-based operating system that was created by the Tron Foundation and was first launched in 2017. The Tron network has full support for smart contracts, as well as a variety of different blockchain systems, alongside decentralised applications (dApp) support in decentralised finance (DeFi) and non-fungible token (NFT) minting.

The Tron (TRX) price wobbled between the $0712 and $0.067 barriers for nearly two months. This breakdown from the bottom support indicates the end of the prior correction, and sellers may extend the correction.

The two-month consolidation in TRX price resulted in the sellers' favor as the they pierced the $0.063 support. This breakdown should encourage the ongoing correction and plunge the price to the next supply zone at $0.00576; should you enter a short position?

Tron beats top cryptocurrencies Bitcoin and Ethereum in the energy saving department, new research shows. Web3 has gained a very poor reputation in the field of environmental protection and sustainable development.

A new report by the Crypto Carbon Ratings Institute (CCRI) showcases the environmental sustainability of the TRON network. According to the “Energy Efficiency and Carbon Footprint of the TRON Blockchain” report, the highly popular TRON network only consumes as much electricity as just fifteen average U.S. households.

Tron's energy usage is relatively very less than that of some of the biggest cryptocurrencies, according to a latest report. Elon Musk's stance on sustainable energy usage for Bitcoin mining sparked a new debate in the crypto ecosystem.

While Ethereum has been scrambling for several years to move across to the Proof-of-Stake protocol, one protocol is light years ahead with its POS energy-efficient consensus that was built from the ground up. TRON has recently ranked as one of the most environmentally friendly blockchains in the entire Web3 arena, no small feat.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice In extending its squeeze within the $0.063-$0.0702 range for over two months now, Tron [TRX] could not escape its low volatility phase.