The past week has been a whirlwind for the crypto market. Many crypto giants experienced violent declines, taking the cryptocurrency market capitalisation down to $843 billion at the time of writing. However, the crypto market is on the road to recovery, with some crypto giants reporting solid numbers in the past twenty-four hours.
This editorial piece will examine the two cryptocurrencies mentioned in the title and their actions over the past week. Cronos (CRO), the native currency of the Crypto.com platform, has dismissed speculation of financial trouble. Big Eyes Coin (BIG) is also on this list because it has seen a vibrant start to its crypto career, rampaging through each of its presale stages and garnering a lot of attention. Let’s start by examining Big Eyes Coin!
Big Eyes Coin has started its journey in the crypto market with a bang. The meme token has shown its commitment to sustainability and the DeFi ecosystem by outlining its key goals. Big Eyes aims to shift wealth into the DeFi ecosystem while hosting a top-ten NFT collection and committing a portion of its funds to ocean conservation efforts.
Big Eyes Coin will host a charity wallet containing 5% of its tokens. As mentioned above, the tokens will help thwart threats to marine life. Big Eyes has already donated a sizable amount to charities, including $2000 to Orca Network, inspired by the philanthropic work of Snoop Dogg.
Big Eyes Coin builds on the Ethereum (ETH) network, which has recently switched to the modern Proof-of-Stake (PoS) consensus, increasing its performance. Big Eyes Coin is primed to achieve its goal of a top-ten NFT collection since it builds on Ethereum. Ethereum hosts the top twenty NFT collections in the market!
If you want to know more about this new meme token, watch the video below!
Around 80% of Formula-1 teams have a cryptocurrency sponsor, with Crypto.com hosting an official $100 million sponsor with the Formula-1 group. The sponsor allows Crypto.com to place advertisements around most racetracks, inviting multiple generations of people to the fastest-growing crypto app.
As mentioned above, Cronos is the native currency of the Crypto.com platform. After an extremely volatile week for Cronos, the crypto giant is starting its recovery. Cronos has risen by 10.90% in the past twenty-four hours at the time of writing.
In recent news for Crypto.com, the CEO of the platform dismissed claims that Crypto.com was experiencing financial difficulties. With recent stats showing Cronos starting its recovery, Crypto.com and Cronos are here to stay through the crypto winter.
The exchange’s daily trade volume has plummeted from last year’s high of $4 billion to $280 million this October. While this may seem like cause for concern, the CEO of the platform has assured that there are no financial difficulties. An audit is underway for the platform, but it will undoubtedly take some time to complete.
Although there are concerns surrounding the future of the Cronos platform, the crypto giant is on the road to recovery, rising by more than 10% in the past twenty-four hours. Big Eyes Coin is also performing well, approaching the $10 million mark in its highly anticipated presale. The future looks bright for this feline cryptocurrency.
Big Eyes Coin offers 5% bonus tokens with each order if you use the ‘BIGE058’ code at the checkout!
For more information on Big Eyes Coin (BIG), please visit the following links:
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