Crypto 2023: Is It The Best Time To Invest In Polygon, Solana And Big Eyes Coin?

The crypto industry has faced many challenges this year, with major crypto coins falling in price due to the issues surrounding Silvergate, as well as the US stepping in with rules and regulations regarding crypto. That’s why people are asking: is it the best time to invest in Polygon (MATIC), Solana (SOL) and the rising meme coin Big Eyes Coin (BIG)?

Polygon can turn the tables

Pseudonymous cryptoanalyst Kaleo tweeted that Polygon’s price is possible for a reversal. According to Kaleo, the coin had a 20% drop a few weeks ago, but based on the trader’s chat, MATIC could decrease by $1 before a trend reversal is seen, increasing up to around $1.70.

The coin had lower timeframes, suggesting that Polygon is most likely on the way to taking out its diagonal resistance. According to Kaleo, diagonal breaks usually result in large impulse moves for each leg higher during the uptrend.

MATIC is currently valued at $0.9834, with a price decrease of 16.28% in the last seven days.

Solana Plausible for an upward trend

Solana has had a chainsaw movement ever since 2023 started, creating a structure of the range-bound movement. The consolidation phase was stuck between $26.8 and $20 levels before plunging back to $20. SOL holders are waiting for the price to bounce back, or worse, face a prolonged correction.

The digital asset’s price showed a V-top reversal from $26.8 before taking a 24% dive to $20 support.

Nevertheless, this decline was related to the steady decline in volume activity, meaning that there was weak engagement among sellers.

The decline in low volume means that there is a strong possibility that the price will increase again. Short-term investors can benefit from the brief bullish rally, but Solana’s price will still depend on its range.

Big Eyes Coin Presale Advances Amid Crypto Market Dip

While the whole crypto world is disturbed by negative news about Silvergate and the major coins dropping in price, Big Eyes Coin is not deterred, with the pre-sale going on with no signs of slowing down!

The coin is already in presale phase 12, with over $31 million raised! This means that the digital asset is almost done with stage 12. Tokens are selling super fast, so investors will want to invest early in the game before the coin launches on an exchange.

Recently, the coin launched the Vault Pin feature, where investors can enter 819 when buying BIG and win free Loot Boxes. The catch is that they should spend over $100 to buy tokens. Also, the more they spend, the bigger the Loot Box they get.

For example, spending $100 to buy coins gives investors a free Saver Tin, which allows one to win up to $1,000 worth of BIG. Meanwhile, spending $1,000 allows you to receive a free Cute Box, where players can win up to $10,000 worth of BIG!

Also, Vault Pin works within each threshold. For example, if an investor spends $200, they will receive two savings boxes. If they spend $1100 in STORE tokens, they will get a free sweet box and a savings box.

Big Eyes has taken every step to ensure the project is 100% secure and fully audited.

There are many tokens out there, but it is important that buyers do their due diligence before purchasing any coins. Big Eyes Coin is still in the presale, but this token looks promising. Buying BIG is also one of the best ways investors can avoid market volatility caused by Silvergate’s bankruptcy as well as other macroeconomic factors. If you want to know more about Big Eyes Coin, visit them on their official website and social media.

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Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent Bitcoinists. Bitcoinist does not guarantee the accuracy or timeliness of the information available in such content. Do your research and invest at your own risk.

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