Bitcoin Booming, Big Eyes Launch Looming, Fiat Currency Fuming
Against all odds, Bitcoin (BTC) is back: the original cryptocurrency passed the $20,000 price point this week amid a sharp rally. The rest of the crypto market has enjoyed the renewed investor confidence this proposal has brought.
While the old and distinguished coins of the market such as Bitcoin (BTC), Ethereum (ETH) and Dogecoin (DOGE) are all flourishing, it is also an exciting time for currencies that are taking their first steps into the market. Big Eyes Coin (BIG) is making serious progress towards its launch, enjoying an explosive pre-sale.
These facts fly in the face of the derision and cynicism that has been heaped upon blockchain currencies by the mainstream media. Arguably, these publishers’ paymasters are the same people who profit from the world’s centralized financial system.
Those old financiers and their minions are probably biting their nails right now: Decentralized finance is back with a vengeance, ready to prove once again that crypto can redistribute wealth without their oversight.
Read on to find out why mainstream finance should be concerned.
Foundations of Stone: Bitcoin’s Resurgence
The leviathan of blockchain currencies, Bitcoin (BTC), is never far from the news. Since its launch in 2008, it has been met with curiosity, challenges and criticism from the many arms of the international financial press.
After the great cryptocrash of 2021, many journalists, financial analysts and social media screamed with joy. They claimed that DeFi was finished and that crypto had no future. They mocked and belittled the cryptocurrency community, many of whom were badly burned by the collapse.
Their celebration has been quiet for the past week. Bitcoin (BTC) is up 6.65% today, and likewise up 8.33% this week. This trend is also increasing upwards, and shows no signs of stopping as we head towards the end of the week.
The price of Bitcoin is (at the time of writing) at $20,949. Breaking past the $20,000 mark is a great feat, and it is possible that Bitcoin will also rise above $21,000 or more.
A rising tide lifts all boats, as the old saying goes. This maxim is very applicable to the crypto market, much to the consternation of its critics. When Bitcoin (BTC) booms, other tokens rise with it.
New Beginnings: Big Eyes Coin Prepares for Launch
While there is a lot of hype about Bitcoin (BTC) and the impact its wave is having on other tokens, that is not the end of the positive news. The brand new meme coin, Big Eyes Coin (BIG) is riding this latest wave of success and confidence, rising to more than $9 million in funding from its pre-sale.
Not only does this explosive pre-sale show very promising signs for the launch of a fun new meme coin – but it also shows that confidence is returning to crypto. Investors see potential in new products and projects, and commit their assets to their future success.
This is fantastic news for the entire cryptocurrency community. Growth from grassroots to decentralized finance brings new wealth and new speculators with it, enriching the entire marketplace.
Final thoughts
It has been a good week for the crypto community. After a long depression, it seems that the market cap and price of many major tokens are finally on the rise, hopefully for good.
While established giants like the formidable Bitcoin (BTC) and Ethereum (ETH) once again prove why they top the cryptocurrency rankings table, it’s great to see breakout projects like the innovative Big Eyes Coin (BIG) manage to make a case for itself .
Let’s enjoy this bullish market while it lasts and never forget that many writers and analysts have been proven wrong about crypto this week: instead of being down and out, it is more buoyant than ever.
If you’ve been inspired by this piece to join the Big Eyes Coin (BIG) presale, make sure you use promo code: BEYES040 at checkout. This will give you 5% bonus tokens on top of what you buy.
Big Eyes Coin (BIG)
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
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