Arbitrum Cools Post Airdrop, Bitcoin to $28k, and Big Eyes Coin Unleashes BULLRUN250
According to Dune Analytics, the long-awaited native coin of Arbitrum, the best Ethereum blockchain scaling solution, has now been available to more than 600,000 beneficiaries.
Over 1 billion ARB tokens have already been airdropped and distributed to select individuals, and the token’s total market capitalization has now stabilized at around $1.8 billion. With a planned initial supply of 10 billion tokens, the market cap as of today is more than $14 billion.
Meanwhile, Bitcoin is tracking its price near $28,000 and may soon touch $30,000 if the trend continues. Big Eyes Coin (BIG) is making progress by raising millions and offering an amazing early registration bonus for investors with a “secret code” so secret that everyone knows it!
Arbitrum ecosystem to change Ethereum forever
Arbitrum (ARB) is a layer 2 blockchain for Ethereum (ETH). It uses a unique feature known as ‘optimistic rollups (transaction roll-ups technology) as its scaling method, which means that the Arbitrum transactions are combined into a single transaction that is recorded on the ETH network. Because of this, Arbitrum can process up to 40,000 transactions per second at a gas cost that is much cheaper than on the Ethereum network.
Arbitrum is expanding strongly, and the statistics for total value locked (TVL) clearly show the expansion of the ecosystem. Arbitrum’s TVL is valued at approximately $1.85 billion, having reached a peak of $3.2 billion in November 2021. As a result, it has the highest TVL of all Tier 2 ecosystems.
Bitcoin Surging to $28k: More on the Way?
Bitcoin is on a steady rise despite having US regulators on their tail. The largest cryptocurrency in the world has increased by 3.14% since last week. Following reports that the US Commodities Futures Trading Commission (FTC) had filed a complaint against Binance, Bitcoin briefly fell below the $28,000 mark on Monday. Since then it has recovered. It surged to a high of $29,637.25 earlier in the day.
Although the core reason behind the price increase is still not understood, analysts point to the significant increase in US stocks, as Bitcoin has a history of mirroring the movement of stock markets.
It was unclear why the jump happened on Wednesday. But it does so amid a significant rise in US stocks. Investors have a history of treating Bitcoin more like a conventional risk asset, with its frequent movements appearing to mirror the more conventional stock markets.
Big Eyes Coin ignites a crypto frenzy
Big Eyes Coin (BIG) – the new meme coin, has surprised the crypto community and its investors since it hit the markets with amazing giveaways and projects. The adorable coin has raised $32.4 million from stage 12 of an incredibly successful presale.
In stage 1, the BIG token was worth $0.0001, which has now gone up to $0.00049.
Investors who bought BIG in stage 1 can expect a 390% return on investment. BIG guarantees that every investor gets equal prospects for financial growth by using prizes, bonuses and promotional offers. Big Eyes Coin (BIG) is focused on providing cryptocurrency enthusiasts with exciting ways to earn big with their loot boxes that offer 1000% ROI to the latest BULLRUN250 coupon code. When you use this limited time promo code, you can get a 250% bonus when you buy STORE tokens.
Crypto ecosystems continue to evolve and innovate
The bottom line is that the world of cryptocurrency continues to evolve rapidly with new developments and trends emerging daily. Arbitrum’s airdrop of over 1 billion ARB tokens signifies an impending bull run, and the growing popularity of Big Eyes Coin (BIG) has ignited a frenzy in the crypto community with its unique giveaways and projects, making it an exciting prospect for investors. On the other hand, Bitcoin’s recent price rise to $28k despite regulatory concerns suggests that it remains a robust and valuable asset in the cryptocurrency market.
It’s an exciting time to be a part of the crypto community and only time will tell what the future holds for this rapidly evolving sector.
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