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Cardano (ADA) and Ripple (XRP) are two philanthropic cryptocurrencies that have seen much better days.
At the time of writing, Cardano is priced at $0.4061, a pale comparison to its all-time high of $2.9593. Meanwhile, Ripple currently has a price of $0.4496 after previously being worth $3.3008 back in 2018.
Unfortunately, it seems like some coins that actively attempt to be eco-friendly do not always get the recognition and lucrativeness they deserve.
You would think in an industry worth millions of dollars, there would be a large number of digital currencies that frequently donate to charity. But this isn’t the case and there are many coins with no sense of morality that are thriving.
Just look at Bitcoin (BTC).
Bitcoin is not having the best spell either with a price of $20,124.33, yet it has maintained its position as the most popular crypto in the world with a market cap of around $393,031,521,008.
And besides helping savvy investors become rich, Bitcoin has not revealed any plans to help the less fortunate or save the planet.
Nevertheless, not every philanthropic crypto is all doom and gloom. Big Eyes Coin (BIG) is smashing records left, right, and centre by raising over 9.5 million dollars and securing a Tier 1 CEX Launch, despite only being in stage 6 of its presale.
Both Cardano and Ripple are striving to make a positive difference in the environment by using proof-of-stake protocols.
It is no secret that proof-of-stake protocols are significantly more eco-friendly than proof-of-work mechanisms.
Ethereum recently completed an upgrade and is reported to use 99.95% less energy, in addition to being 2000 times more efficient than traditional mining.
Bitcoin, on the other hand, uses proof of work and expends a whopping 707 kilowatt-hours of electricity per transaction.
Therefore, those who invest in Cardano and Ripple are promoting the further use of proof-of-stake practices so the cryptocurrency industry can head towards a sustainable and less environmentally damaging future.
For a start, Big Eyes Coin is built on the Ethereum blockchain which means it will have a proof-of-stake protocol off the bat.
Nevertheless, the meme coin intends to go one step further by donating 5% of its total supply to ocean-saving charities.
This means that every investment will passively help towards cleaning up the oceans, save the fish, and reduce the rate of global warming.
And with Big Eyes Coin planning to release top ten NFTs, investors can get a lot of bang for their buck. On the one hand, they are helping to save the planet and on the other, they are purchasing a coin that could sell for astronomical amounts in the future.
Despite Cardano and Ripple’s proof-of-stake protocols which reduce energy expenditure, both are losing ground in the crypto market.
Hence, it is worth investing in Big Eyes Coin instead, a meme coin, which will help mother nature while proving to be a lucrative business venture.
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