Since plummeting to $795 billion in December 2022 from highs of $2.86 trillion in November 2021, the global cryptocurrency market capitalization is seeing a rejuvenation in late February 2022. After briefly falling below the $1 trillion mark in early February prompted by concerns of a crackdown by the US Securities and Exchange Commission, the global cryptocurrency market capitalization has begun to trade in green once again as it has surged by 8.57% overnight to $1.12 trillion, an indication that the downward trend was a precursor to the next bull cycle.
While Bitcoin (BTC) and Ethereum (ETH) account for more than 60% of cryptocurrency’s performance, it is imperative that it receives the support of much newer currencies, and Big Eyes Coin (BIG) has come forward as a formidable force bearing the potential of becoming the next big cryptocurrency.
Big Eyes Coin, Soaring to Success
Launched in August 2022, Big Eyes Coin (BIG) is a new ERC-20 token built on the Ethereum Network with KYC certification from CoinSniper and its smart contract fully audited by Solidity Finance. A cat-based meme token, Big Eyes Coin is owned by its community with the ultimate goal of shifting wealth into the Decentralized Finance (DeFi) ecosystem.
Since its launch, Big Eyes Coin has been making heads turn among the crypto community. Tipped by several crypto experts to become the next big meme token, Big Eyes Coin has already become the most successful presale in recent times and has raised $27.5 million in presale tokens. The presale is currently in its 11th stage and tokens are selling at exponential speed towards reaching the $50 million presale target and four more stages left to go before it goes live on the market.
Big Eyes Coin has been accepted by investors with overwhelming admiration having recently received a humongous deposit of $250,000, a timely investment given the bonus code Big Eyes Coin is currently having before the launch date. After a lengthy stay, Big Eyes Coin has given buyers less than 5 days to use the LAUNCHBIGEYES200 promo code to earn a 200% return on a purchase of a BIG token. And buyers purchasing Big Eyes Coin in stage 11 using the LAUNCHBIGEYES200 promo code stand a chance of making a 300% ROI at the launch price.
To accommodate the heavy inflow of buyers, Big Eyes Coin also introduced five new cryptocurrencies it would accept to purchase a BIG coin. In addition to Ethereum (ETH), Binance Coin (BNB), and Tether (USDT), buyers can now also purchase Big Eyes Coin using Bitcoin (BTC), Dogecoin (DOGE), Tron Reword Coin (TRC20), TRON (TRX) and Binance USD (BUSD).
Bitcoin, Making the Might Gains
The oldest and most powerful cryptocurrency, Bitcoin (BTC) seems to be already putting the US Security and Exchange Commission’s clampdown on the crypto industry behind it as its price is now well within reach of hitting the $25,000 mark. After having traded in the red at $21,473.45 a few days ago, Bitcoin’s price has surged by 11.05% to trade at $24,581.30 at the time of writing.
Bitcoin still has a lot of ground to cover though to achieve its all-time high of $64,000 in November 2021 and $47,062.15 in March 2022. But given the crash to $15,782.3 in November 2022, Bitcoin can certainly look ahead as experts are indicating a bull cycle taking effect.
Ethereum, The 24-hour Surge
Given Bitcoin’s recent surge in prices, it is imminent that Ethereum (ETH), the second most powerful cryptocurrency, will see a massive jump in its prices as well. After the winter of November 2022 which saw Ethereum’s price crash to $1100.11, ETH started seeing green once again in the first week of February to trade at $1701.65. The stay, however, was rather brief as uncertainty among investors a week later caused the price to tumble to $1472.76.
Nevertheless, with investor confidence growing once again with the start of the bull cycle, Ethereum’s price has risen by 8.69% overnight to trade at $1681.97 at the time of writing.
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Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.