The crypto world has come of age as it has now become a global village of thousands of cryptocurrencies and decentralized applications. While established crypto brands like Bitcoin and Ethereum are still relevant, an influx of new and innovative cryptocurrencies like Big Eyes Coin have already made their presence felt.
Big Eyes Coin, a cat-themed meme coin, is raising the bar high for its peers as it has attracted massive interest by raising almost $21 million in its presale, which has entered Stage 10.
Despite the establishment of a niche market for cryptocurrencies, it is yet far from reaching its true potential. Many bottlenecks have blocked the way for consistent and sustainable growth for the crypto world over the years. Some of such leading challenges include lack of regulation, emerging security threats, scalability, user adoption, and the absence of a unified trading system.
In this article, we will discuss some of the other issues and challenges which are keeping the crypto world from living up to expectations and joining the mainstream financial system.
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