Are Ethereum Auto-Payments Coming Via Visa? Will It Affect ERC-20 Tokens Like Shiba Inu and Big Eyes Coin?
It was recently announced that Visa is considering the possibility of an auto-payment feature for Ethereum Wallets, which would allow Ethereum (ETH) transactions to take place without users needing to manually sign transactions.
As it was seen in the autumn of 2022 with The Merge, anything that affects Ethereum will go on to affect the tokens built onto its network. As such, ERC-20 tokens like Shiba Inu (SHIB) and Big Eyes Coin (BIG) would likely also be affected by this proposition, both in terms of token utility and value.
But, what could a feature like this mean for Ethereum? And what could the future of Shiba Inu and Big Eyes Coin look like if such a feature was successful?
Ethereum Auto Payments Could See Crypto Use Explode
Making cryptocurrency accessible is the key to its success in the mainstream. It has been speculated that this auto-payment feature could provide yet another step towards this goal, as it would allow crypto users a way to set up automatic payments without the need for bank interaction.
Of course, this prospect is still only an idea, with no statements yet about if such a technology is in the works or if it will be released to the public. However, what is certain is that if such a technology was launched, it could cause ripples across the market- especially for ERC-20 tokens.
Two such examples are Shiba Inu and Big Eyes Coin.
Could Shiba Inu Take The Meme Token Throne?
Shiba Inu is the market’s second most popular meme token by market capitalization, falling behind only the original meme token, Dogecoin (DOGE).
Shiba Inu was able to find its success thanks to the evolved technology it was built upon, with the Ethereum Network giving Shiba Inu the tools it needed to develop a multi-faceted token able to sustain projects like their up-and-coming Metaverse game.
This, combined with the project’s deep understanding of how to appeal to meme token users via social media platforms like Twitter, gave Shiba Inu all the tools it needed to succeed. However, one hurdle remains: overtaking Dogecoin.
Could a development like this occurring to Ethereum Wallets hold the key to Shiba Inu taking the crown?
Big Eyes Coin Enters At Exciting Times
New projects entering the market or still in presale would also benefit from such a development. One project that comes to mind is Big Eyes Coin, the ERC-20 meme token with the goal of reinventing the meme token market. With the help of a development such as auto payments, Big Eyes Coin may be off to a flying start, providing a utility not seen with all other meme tokens.
But what else does Big Eyes Coin offer its users?
Utility is currently planned to come to BIG holders in multiple forms. Firstly, the token is unaffected by buying and selling taxes, thanks to the token’s dynamic tax system. This will help to encourage an active economy, which in turn will result in the token gaining notoriety.
Furthermore, the token is also planned to be utilised for charitable causes, with 5% of all BIG tokens being delegated for charity donations. The higher the value of BIG, the higher the value of the donations, giving the community a great motivator to push the project to great heights.
This is only the surface of the utility and experiences that Big Eyes Coin is set to provide users. And with the potential of this Ethereum update, the user base of Big Eyes Coin could be primed to explode.
Want to get involved? Then click the button above to get involved in the presale, and use code BIGsave007 for a BIG token bonus.
Or, find out more below:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
The post Are Ethereum Auto-Payments Coming Via Visa? Will It Affect ERC-20 Tokens Like Shiba Inu and Big Eyes Coin? appeared first on Analytics Insight.
It was recently announced that Visa is considering the possibility of an auto-payment feature for Ethereum Wallets, which would allow Ethereum (ETH) transactions to take place without users needing to manually sign transactions.
As it was seen in the autumn of 2022 with The Merge, anything that affects Ethereum will go on to affect the tokens built onto its network. As such, ERC-20 tokens like Shiba Inu (SHIB) and Big Eyes Coin (BIG) would likely also be affected by this proposition, both in terms of token utility and value.
But, what could a feature like this mean for Ethereum? And what could the future of Shiba Inu and Big Eyes Coin look like if such a feature was successful?
Ethereum Auto Payments Could See Crypto Use Explode
Making cryptocurrency accessible is the key to its success in the mainstream. It has been speculated that this auto-payment feature could provide yet another step towards this goal, as it would allow crypto users a way to set up automatic payments without the need for bank interaction.
Of course, this prospect is still only an idea, with no statements yet about if such a technology is in the works or if it will be released to the public. However, what is certain is that if such a technology was launched, it could cause ripples across the market- especially for ERC-20 tokens.
Two such examples are Shiba Inu and Big Eyes Coin.
Could Shiba Inu Take The Meme Token Throne?
Shiba Inu is the market’s second most popular meme token by market capitalization, falling behind only the original meme token, Dogecoin (DOGE).
Shiba Inu was able to find its success thanks to the evolved technology it was built upon, with the Ethereum Network giving Shiba Inu the tools it needed to develop a multi-faceted token able to sustain projects like their up-and-coming Metaverse game.
This, combined with the project’s deep understanding of how to appeal to meme token users via social media platforms like Twitter, gave Shiba Inu all the tools it needed to succeed. However, one hurdle remains: overtaking Dogecoin.
Could a development like this occurring to Ethereum Wallets hold the key to Shiba Inu taking the crown?
Big Eyes Coin Enters At Exciting Times
New projects entering the market or still in presale would also benefit from such a development. One project that comes to mind is Big Eyes Coin, the ERC-20 meme token with the goal of reinventing the meme token market. With the help of a development such as auto payments, Big Eyes Coin may be off to a flying start, providing a utility not seen with all other meme tokens.
But what else does Big Eyes Coin offer its users?
Utility is currently planned to come to BIG holders in multiple forms. Firstly, the token is unaffected by buying and selling taxes, thanks to the token’s dynamic tax system. This will help to encourage an active economy, which in turn will result in the token gaining notoriety.
Furthermore, the token is also planned to be utilised for charitable causes, with 5% of all BIG tokens being delegated for charity donations. The higher the value of BIG, the higher the value of the donations, giving the community a great motivator to push the project to great heights.
This is only the surface of the utility and experiences that Big Eyes Coin is set to provide users. And with the potential of this Ethereum update, the user base of Big Eyes Coin could be primed to explode.
Want to get involved? Then click the button above to get involved in the presale, and use code BIGsave007 for a BIG token bonus.
Or, find out more below:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
The post Are Ethereum Auto-Payments Coming Via Visa? Will It Affect ERC-20 Tokens Like Shiba Inu and Big Eyes Coin? appeared first on Analytics Insight.
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