The Bull Cycle Begins: Top 5 Must-Buy Cryptocurrencies Bitcoin, Ethereum, Big Eyes, Shiba Inu, and Doge Coin

The Bull Cycle Begins: Top 5 Must-Buy Cryptocurrencies Bitcoin, Ethereum, Big Eyes, Shiba Inu, and Doge Coin

It’s been a rough couple of months for the cryptocurrency. From a scandal surrounding the FTX crash in November 2022 to concerns over possible action by the US Securities and Exchange Commission in early February 2023, the cryptocurrency industry is undoubtedly in a state of confusion. But given its rising popularity in the global financial trading system and its potential to become a $12 billion industry by 2030, the ups and downs it’s seen in recent months shouldn’t come as a surprise.

With a light at the end of the tunnel, cryptocurrency experts have signaled the start of the next bull cycle, ending a week-long downtrend that saw the global cryptocurrency market plummet to $997 earlier in the week. At the time of writing, the global crypto market cap had risen to $1.11 trillion, up 8.25% over the last day.

The question, however, is will the next bull cycle be enough for the crypto industry to hit its all-time high of $2.86 trillion in global market cap in November 2021? With Bitcoin (BTC) and Ethereum (ETC) at the top, Dogecoin (DOGE) and Shiba Inu (SHIB) dominate the meme token fee and Big Eye Coin (BIG) achieve steady growth as a new addition, investors may have something to look forward to.

Bitcoin & Ethereum: The Pillars of Cryptocurrency

Bitcoin (BTC)

Bitcoin (BTC), the very first cryptocurrency on the market, is a decentralized cryptocurrency where all transactions take place directly between equal, independent network participants without the need for an intermediary to authorize or facilitate them.

After sluggish trading earlier in the week as the price met resistance to clear $21,500, Bitcoin has made a notable turnaround with a double-digit overnight gain of 11.06% to trade at $24,620.97, a six-month high.

Ethereum (ETH) beats the competition

The second most powerful cryptocurrency, Ethereum (ETH) is an open-source, decentralized blockchain system that acts as a platform for numerous other cryptocurrencies.

With 18.6% dominance in the cryptocurrency market, Ethereum is up 8.71% overnight to $1687.75 after trading at 1472.76 earlier in the week amid the US Securities and Exchange Commission crackdown on the crypto industry $ had fallen. At the time of writing, ETH had a market cap of $206 billion and a 24-hour trading volume of $12.4 billion.

Big Eyes Coin: The Cat in the Bullfight

Big Eyes Coin (BIG) is a cute cat-based meme token wholly owned by its community with the ultimate goal of shifting wealth into the decentralized finance (DeFi) ecosystem. Big Eyes Coin is built on the Ethereum network and uses the Proof-of-Stake (PoS) consensus process to validate transactions. The PoS protocol reduces the power requirements of the blockchain by eliminating crypto mining, which is a major contributor to climate change.

After launching its Initial Coin Offer (ICO) in August 2022, Big Eyes Coin was recognized as the most successful presale in the last two years after raising $27.5 million in presale tokens. Big Eyes Coin is currently offering its buyers the bonus code LAUNCHBIGEYES200, which can earn a 200% return on the purchase of a BIG token when it goes live after reaching its $50 million pre-sale goal.

The meme token is strong on giving back. Big Eyes Coin has a visible wallet that will hold 5% of the total token supply to be donated to several marine rescue charities. And since the project is community owned, Big Eyes Coin assures that 90% of it will be available at launch.

Dogecoin & Shiba Inu, Canine Crypto Dominance

Dogecoins (DOGE)

Dogecoin (DOGE) is a meme token created in 2013 based on the popular internet meme “doge” and has attracted Twitter CEO Elon Musk as its biggest advocate. At the time of writing, DOGE’s stock was up 3.14% overnight with a market cap of $11.7 billion.

Shiba Inu (SHIB)

Currently in 13th placeth In the crypto market, Shiba Inu (SHIB) bills itself as the “DOGECOIN KILLER” and is listed on its own ShibaSwap, a decentralized exchange. Similar to Dogecoin, Shiba Inu is also a meme token that has come under the admiration of Elon Musk.

Shiba Inu has seen price increases of 3.15% in the last 7 days and 5.20% overnight to sustain a market cap of $7.5 billion with a 24-hour trading volume of $513 million .

Learn more about Big Eyes Coin (BIG):

Pre sales: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

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WARNING: Investing in crypto assets is not regulated, it may not be suitable for retail investors and the total amount invested could be lost

IMPORTANT NOTICE: Investing in crypto assets is unregulated, may not be suitable for retail investors and the entire amount invested may be lost

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