In a market with so much bearish sentiment in the past few weeks, users have looked towards cryptocurrencies like Big Eyes (BIG) and Ripple (XRP) for profit potential. The bear market has been brutal, and it has been referred to as the worst crypto winter by far. There have been unbelievable collapses this year, and users have lost tons of money. These events have affected the market, causing crypto assets to continue to dump. Most cryptocurrencies are almost 80% down from their all-time high, and users in the crypto landscape have struggled to profit from the market condition.
Big Eyes (BIG), however, is a new meme coin project that has shown decent strength, and it’s looking to revolutionize the meme coin landscape. Big Eyes has raised over $10 million in its various presale rounds – a ridiculous milestone for a new project in a bear market. Users are betting heavily on the blowup of this meme coin as it looks very promising. The narratives for Big Eyes (BIG) are selling nicely, and the market is looking to this cryptocurrency for some interesting market activity.
XRP has also been on the radar of most crypto enthusiasts and presents money-making opportunities for users who buy in at the right time. XRP has had some recent developments with its SEC case, which has elevated the community’s hope for cryptocurrency. Recent news about XRP’s parent company points to acquiring a license in Ireland that would expand its European presence.
Ripple (XRP) is a top cryptocurrency and has held its position at the top of the cryptocurrency market all through the bear market, despite its SEC case. Ripple created XRP as an alternative infrastructure for centralized institutions like banks. It is proposed as a more cost-efficient infrastructure as it is easy to manage and maintain. Ripple is an American firm that creates financial solutions for other firms and got into trouble with the SEC after the launch of XRP.
SEC filed the lawsuit claiming Ripple broke securities law with XRP’s token issuance. By attempting to get a virtual asset service provider (VASP) license from the Central Bank of Ireland, business blockchain firm Ripple hopes to increase its market share in the European Union.
This is coming in the middle of a crypto winter, where many businesses opt to minimize expenses and refrain from expanding their operations. Some of the staff members at renowned exchanges, including CryptoCom, Coinbase, Bybit, Huobi, and others, have been let go. Two weeks ago, the bear market worsened as FTX filed for bankruptcy after refusing to grant clients’ withdrawal requests.
Big Eyes (BIG) is a new meme coin on the Ethereum blockchain that has demonstrated tremendous growth in the market over the past several weeks. Its presale is one of the best the market has seen in a while. Big Eyes Coin is looking to close out its stage six presale at a $10.7 million target. After stage six is concluded, the presale price increases slightly. However, the token would still be selling below market price and would allow room for users looking to profit from it.
Big Eyes adopts cat memes and steers away from the unidirectional adoption of dog memes that the market has been accustomed to over the years. The new meta offers a unique approach to crypto memes, and it has built a huge community on social media for a project that hasn’t launched yet.
Big Eyes would be looking to use innovative DeFi features to create wealth for its community, and with a lot of users betting on the new meme coin, it could make for a massive price pump. You don’t want to miss out on the opportunity to gain from this presale. Join the Big Eyes presale here now. To join the growing Big Eyes community, get ready for the Black Friday special offer by clicking here, and using code BLACKFRIDAY50 (goes live on Friday the 25th)!
None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.
Blockchain gaming remains a crucial Web3 pillar to monitor. Several titles have noted substantial success…
All major companies are under scrutiny in the early phases of 2023. With soaring layoffs…
TORONTO--(BUSINESS WIRE)--Banxa, the world's first listed cryptocurrency payment gateway provider, today announced its integration with…
Deal will Eliminate principal payments and defer amortization to April 2024 with ability to extend…
TORONTO--(BUSINESS WIRE)--$CBIT #Bitcoin--(Block Height: 774,581) – Cathedra Bitcoin Inc. (TSX-V: CBIT; OTCQX: CBTTF) (“Cathedra” or…