Bitcoin & Ethereum On Steady Crescendo: Big Eyes Coin A Claw Away From $24 Million Presale
Cryptocurrency, which not too long ago carried the notion of something to do as a hobby or seen as unrealistic, unsustainable etc., today has evolved into a whole new dimension. With the option of being fast and secure, cryptocurrencies have made the process of transferring money across borders far more convenient. Having said that, 2022 was a terrible year for cryptocurrencies, when the crash of now-bankrupt FTX caused the prices of several top cryptos to take a nosedive. But it may not be the crypto-apocalypse as it would have appeared to be at the time, as the crypto market has already begun its journey toward its path to recovery, with experts suggesting that cryptocurrencies will be rather successful as 2023 progresses.
Even though the cryptocurrency market is open 24/7, timing means a lot. And while crypto-veterans Bitcoin (BTC) and Ethereum (ETH) are on course to re-establishing their dominance, experts who understand the importance of investing early have recognized 2023 as the most opportune time to invest in new tokens like Big Eyes Coin (BIG).
Big Eyes Coin: The New Generation Meme Coin
While cryptocurrency is a mode to generate wealth it is also a platform that gives a rush of adrenaline and excitement. And since making its entry into the crypto market, Big Eyes Coin (BIG) is ticking off all the boxes of an exciting meme token. Built on the Ethereum Network, Big Eyes Coin is a community-owned Decentralised Finance (DeFi) meme token that offers investors many benefits and rewards as well as an eco-friendly ambition.
Big Eyes Coin, apart from identifying itself as a wealth generator, has made a hand-on-heart commitment to contributing positively to the ecosystem. Acknowledging the harmful impacts crypto mining has on the atmosphere, Big Eyes Coin has employed its Proof-of-Stake (PoS) consensus to reduce the significantly high amounts of energy consumed in the process of crypto mining. Big Eyes Coin also has initiated a visible charity wallet which will hold 5% of the total token supply to be donated to organisations whose cause is to protect our oceans.
Big Eyes Coin is also having a stellar run with its presale having raised close to $24 million in presale tokens, the most successful for any cryptocurrency, an indicator that the new meme token is on the correct path to reaching its target $50 million before going live.
Bitcoin: Steady in 2023
After having suffered terribly from the crash of FTX where its price slumped from an all-time high of $69,000 in 2021 to $21,000 in late 2022, Bitcoin (BTC) is back to its former glory in 2023. At the time of writing, Bitcoin’s price had gained by 35.29% over the 30 days that had preceded, to sit at $22,933 with crypto analysts indicating that it would reach $23,000 as February progresses.
Bitcoin was trading at a 24-hour volume of $24.1 billion with a market capitalization of $442 billion and was trending at #9 with a total market dominance of 41.45%.
Ethereum: No Way But Up
Ethereum’s (ETH) trajectory looks no different than that of Bitcoin’s, as it has been making significant gains since the beginning of 2023. With its price currently at $1633, Ethereum has been well within reach of the $1700 mark over the past few days. Having seen a 7-day growth of 3.58% growth, analysts suggest that Ethereum’s gains could even send the price toward the $1,800 resistance zone in the near term.
At the time of writing, Ethereum was trading at $6.7 billion with a market capitalization of $199 billion.
Find out more about Big Eyes Coin (BIG):
The post Bitcoin & Ethereum On Steady Crescendo: Big Eyes Coin A Claw Away From $24 Million Presale appeared first on Analytics Insight.