Blue-chip crypto assets such as Bitcoin (BTC) and Ether (ETH) have had a very good 2023 thus far, with BTC up approximately 36% since the New Year and ETH up approximately 30%. There are more reasons to believe that “the bottom is in” for cryptocurrency markets, and certain macroeconomic data shows that this year will be considerably better for the sector than 2022’s pileup of scams and disasters.
That is most likely the most persuasive case for the crypto bottom: bad actors and the consequences of their contagion-spreading leverage tactics have been flushed out. On an emotional level, getting rid of people like Alex Mashinsky, Do Kwon, Three Arrows Capital, and Sam Bankman-Fried feels like a fresh start.
Despite the flood of frauds that closed out the past bull, the new beginning is starting from a stronger basis, thanks to the surge of COVID-19 pandemic-driven education and enthusiasm. Bitcoin achieved a local low of just under $16,000 on November 9, 2022, which, despite a significant drop from late 2021 highs, was still 66% higher than prices as recently as September 2020.
Big Eyes Coin (BIG) Taking the Necessary Steps For a Successful Launch
Big Eyes Coin (BIG) is an ERC-20 coin that was introduced on the Ethereum network (ETH). The BIG development team is also a strong proponent of comprehensive decentralisation, particularly on the blockchain. They want to build a reputation for transparency and honesty by working with crypto regulators like Coinsniper and Liquidity Finance. This crucial milestone may increase the project’s appeal among cryptocurrency enthusiasts.
Big Eyes Coin has been working unyieldingly to ensure that it gains all the steam needed ahead of its launch and generates as much excitement as possible. Big Eyes has raised $18 Million at the time of writing this, seems like they’ve had a great start to the year. The objective is to raise an additional $12 million by the end of January, and there is a highly alluring bonus code available to help you do so: LAUNCHBIGEYES200.
Big Eyes Coin has also updated its ROI calculator. There is no better time than now for this update to have happened, as they keep shocking people as they make BIG strides during the presale. The ROI calculator will allow people to know the value of however much they invested when Big Eyes reaches $1 per token. For example, if you purchased $385 worth of BIG tokens, it would be worth an impressive $1,000,000.
What is Chainlink (LINK)
Chainlink (LINK) is a new coin that was listed on exchanges in 2019 and reached a peak growth of 11 times in 2021. After holding an ICO in 2017, the project received investments totalling more than $75 million. The project makes it possible to use real-world applications on the blockchain.
The project leverages the ERC-20 standard and seeks to integrate traditional systems with blockchain technology. The project generates passive revenue by rewarding users with LINK tokens in return for leveraging their data in smart contracts. Plans call for Chainlink, which now provides access to dApps on Ethereum, to enable a huge number of additional blockchains.
The project’s advantages and possibilities have generated investor confidence. As a result, compared to when it was initially released, its price has drastically decreased. The project is thought to have revolutionised smart contracts. Discussing big price increases won’t be difficult given this scenario for 2022. Chainlink, which is currently worth barely more than $6, is seen by its buyer as a cheap cryptocurrency.
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