European Crypto Market Surge – Big eyes on a bull run as Dogecoin and Shiba Inu hope for a rally
2022 was a volatile year for the cryptocurrency industry due to a prolonged bear market and high-profile collapses of a handful of the most vital players in the field, including FTX and Terra. Venture capital (VC) investors funded cryptocurrency startups even in the face of setbacks.
The European crypto bucked the bearish trends and observed record funding. With 3,977 startups, Europe has the most crypto startups overall, according to the headquarters. Unfortunately, it lags behind the US in terms of the number of startups valued at over $1 billion with over $1 million in funding.
US-based popular cryptocurrencies such as Dogecoin and Shiba Inu are hoping for a boost from Elon Musk’s support. Originally from Washington DC, Big Eyes Coin sets the standard through the Bull Run in pre-sale events.
European crypto market shows stronger growth
In 2022, VC investment in European-based cryptocurrency startups reached an all-time high with $5.7 billion invested, up 120% from $534 million invested last year, as European investment firm Rockaway X reported. But when more than $5.7 billion in venture funding was raised, international and US venture funding fell.
Digital Currency Group, Coinbase, Animoca Brands and Blockchain Capital are some of the leading international investors in European start-up companies. Financial services account for more than 52% of all European start-up investments, followed by infrastructure and Web 3 with 32% and 16% respectively.
Shiba Inu and Dogecoin expect support from Musk
With a 7-day low of $0.07515 and a weekly downward movement of 1.02%, Dogecoin (DOGE) has been trading on a bearish note in recent weeks. During the same time, the price of Shiba Inu (SHIB), a cryptocurrency similar to Dogecoin, has been trading close to a red line. Shiba Inu (SHIB) has lost value since hitting a 30-day high of $0.00001093, representing a weekly loss of 2.28%. Currently, the stock is trading at $0.00001069.
Also, Elon Musk’s tweets favoring DOGE and SHIB have contributed significantly to their popularity and price gains in the past. Dogecoin is one of the most popular cryptocurrencies, an example of other meme coins. With Elon Musk’s support, both meme coins predict price increases and increased popularity due to the sway of his tweets and memes.
Big Eyes Coin is on Bull Run with 250% return
Big Eyes Coin (BIG) has created a lot of buzz with its historic pre-sale numbers. This adorable cat crypt reinforces that by introducing a 250% bonus for early token buyers. BIG has raised $32.53 million to date, approaching its $50 million goal. This presale participation is at an all-time high, surpassing Ethereum and Filecoin.
The latest introduction of loot boxes, rewards and promo codes has greatly influenced the success of the pre-sale. The coin’s development team is committed to providing all investors with a reasonable probability of financial success. BIG focuses on routinely giving back to society with the goal of creating wealth to achieve this.
Investors can earn higher returns with STORE tokens from the four newly introduced loot boxes without risking capital loss. Buyers of BIG or loot boxes now have access to an amazing bonus promotion that will give users 250% rewards worth $BIG with a limited time bonus BULLRUN250.
Making a difference to the environment is another priority for Big Eyes Coin. To support charities working to protect the oceans, they promise to consider donating 5% of total token sales. All features considered, the Big Eyes Coin team is dedicated to ensuring their community is well taken care of and a valuable community token in the crypto world.
Final word on Big Eyes Coin
Regulations, the availability of exchanges, and investor sentiment are just a few things to consider when considering the cryptocurrency markets in Europe and the United States. Both Europe and the American market offer different opportunities and challenges. As well-known meme coins, Dogecoin and Shiba Inu have room to grow.
By providing incentives such as lower transaction fees and tax deductions when you use the token to purchase goods and services, Big Eyes Coin with a focus on community development encourages token holders to continue investing in the project.
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