The cryptocurrency market is hugely dependent on Bitcoin’s price movement and updates. Negative news about Bitcoin, such as Tesla deciding to stop accepting Bitcoin payments any longer in 2021, sent the price down. Similarly, positive news such as a country passing the cryptocurrency as legal tender can lead to a decent price uptrend. Most crypto enthusiasts monitor the movement of the crypto market only by monitoring Bitcoin’s price movement because the patterns mirror each other. And with Bitcoin seeing some increased activity and price pumps in recent weeks, Big Eyes Coin (BIG) has been a winner in pre-sales.
Big Eyes’ pre-sales have risen to over $21 million and are looking to close out their Phase 10 pre-sales at a goal of $24 million. The pre-sale has seen an increased rush for resale after a slow end to the year in 2022. Several crypto enthusiasts envision 2023 to be a great year for the crypto market and are building their portfolios with hugely undervalued tokens.
Big Eyes Coin is being sold in the presale at below market price, which is hugely undervalued for a meme coin of that community size. Big Eyes has created a community that will compete with some of the biggest meme coin projects and wants to create a new meta in the meme coin landscape.
Bitcoin (BTC): What Lessons Can Be Learned From Cryptocurrency AND
Bitcoin (BTC) is the largest crypto-asset in the market, and for a token with over 40% market dominance, one can expect its influence on the price of other cryptocurrencies. However, crypto-assets have shown some bullish trends in recent weeks, 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 revenue increased dramatically. Since the beginning of the month, the daily increase in total Bitcoin mining earnings (block rewards + transaction fees) has been about 50%, reaching almost $24 million. Despite the significant increase, the amount is still far behind the record of approx. $80 million set in April 2021, but with increased market activity; it may reach that number again.
The value of Bitcoin during the first month of the year appears to have boosted mining companies’ earnings. According to data from YCharts, daily BTC mining revenue increased by 47% from $16.1 million on January 1st to $23.8 million on January 29th. During the long-running crypto winter of 2022, the amount rarely exceeded $20 million, falling as low as $13 million soon after. The FTX scandal and the subsequent market meltdown. The downward trend continued throughout December (when Bitcoin disappeared to around $16,500), and daily Bitcoin mining revenue fell below $10 million on Christmas Eve.
Big Eyes Coin (BIG): The $24 Million Meme Coin?
Big Eyes Coin is a new meme coin project to watch out for emerging on the Ethereum blockchain. Big Eyes Coin has a unique approach to the market and it seems to be excellent as the meme coin has become one of the biggest risers in the market in the last year. It has demonstrated what it means to be a meme coin and has shown that it can bring some excitement to the crypto market.
Big Eyes has now raised over $21.5 million from the pre-sale from organic users and investors who strongly believe in the project’s potential. The project aims to revolutionize the meme coin landscape using DeFi. Although it would pick up where meme coins like Shiba Inu (SHIB) left off, the meme coin still looks to be quite promising, considering the array of innovative features at its disposal.
The community-driven project will fully involve holders in key decisions of the project, and all users will be able to help push the progress of the token. The Big Eyes are selling fast on pre-sales and will continue to reward their investors with prizes, bonuses and surprises!
Pre-sale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
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