The cryptocurrency market is highly dependent on bitcoin price movements and updates. Negative news about bitcoin, like Tesla’s decision to stop accepting bitcoin payments in 2021, caused the price to drop. Similarly, positive news like a country adopting the cryptocurrency as legal tender could trigger a decent price uptrend. Most crypto enthusiasts monitor crypto market movement simply by watching Bitcoin price movement as the patterns mirror each other. And with bitcoin seeing some heightened activity and price pumps over the past few weeks, Big Eyes Coin (BIG) has been a winner in the presale.
Big Eyes pre-sale has increased to over $21 million and intends to complete the stage 10 pre-sale with a target of $24 million. Presales have seen an increased resale rush in 2022 after a slow end to the year. Imagining that 2023 will be a great year for the crypto market, several crypto enthusiasts are building their portfolios with grossly undervalued tokens.
Big Eyes Coin is selling below market price in pre-sale, which is hugely undervalued for a meme coin with this community size. Having created a community that would rival some of the largest meme coin projects, Big Eyes is attempting to create a new meta in the meme coin landscape.
Bitcoin (BTC): What lessons can be learned from the OG cryptocurrency
Bitcoin (BTC)
Bitcoin (BTC) is the largest crypto asset on the market, and for a token with over 40% dominance on the market, one would expect its impact on the price of other cryptocurrencies. However, crypto assets have shown some uptrends over the past few weeks and that is creating some excitement for the rest of the year.
From $10 million on Christmas Eve to $23.8 million on January 29, daily bitcoin mining earnings increased dramatically. Since the beginning of the month, the daily increase in total Bitcoin mining revenue (block rewards + transaction fees) has been around 50%, reaching almost $24 million. Despite the significant increase, the amount is still well short of the record high of about $80 million set in April 2021, albeit with increased market activity; it can reach that number again.
The surge in Bitcoin value in the first month of the year appears to have boosted mining company profits. According to data from YCharts, daily BTC mining earnings increased by 47% from $16.1 million on Jan. 1 to $23.8 million on Jan. 29. During the protracted crypto winter of 2022, the amount rarely surpassed $20 million, falling to $13 million soon after the FTX scandal and the ensuing market meltdown. The downtrend continued throughout December (when bitcoin was around $16,500) and daily bitcoin mining earnings fell below $10 million on Christmas Eve.
Big Eyes Coin (BIG): The $24 Million Meme Coin?
Big Eye Coin (BIG)
Big Eyes Coin is a new meme coin project to watch out for emerging on the Ethereum blockchain. Taking a unique approach to the market, Big Eyes Coin seems to be excellent as the meme coin has become one of the biggest innovations in the market over the past year. It showed what it means to be a meme coin and showed that it can bring some excitement to the crypto market.
Big Eyes has now raised over $21.5 million from its pre-sale from organic users and investors who firmly believe in the project’s potential. The project aims to revolutionize the meme coin landscape with the use of DeFi. Although it would pick up where meme coins like Shiba Inu (SHIB) left off, the meme coin still looks quite promising given the range of innovative features at its disposal.
The community-managed project will fully involve holders in key decisions in the project, and all users can contribute to drive the token’s progress. The Big Eyes is selling out fast in pre-sales and will continue to reward its investors with prizes, bonuses and aerial surprises!
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
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