Big Eyes Coin And Binance Are Surviving Harsh Conditions In The Crypto Landscape
The cryptocurrency market is driven by sentiment, and presently there’s no indication that the market can increase in value, so users are looking to stay safe by all means. However, a popular saying goes that the next bull run’s millionaires are determined by their decisions in the bear market. Big Eyes Coin (BIG) is a new memecoin that is still on presale, and the past few months have seen quick movement, with the cryptocurrency selling out at record speed. But in the past few weeks following the several incidents that have sent the market further crashing down, Big Eyes Coin (BIG) hasn’t showed signs of slowing down. Big Eyes Coin is almost concluding its stage 7 presale, and smart investors continue accumulating more BIG tokens. This is more like the last opportunity for crypto enthusiasts to get in early and give themselves an advantaged position towards launch.
Binance has been on the news recently, especially after the exchange outflow surged while users panic withdrew their money in the wake of some FUD–crypto slang for fear, uncertainty, and doubt. Binance has had a lot to deal with this week, and it puts its position to the test amidst market irregularities. Binance was initially admired for not suffering any adverse effect of being caught in the FTX – Binance crossfire preceding the FTX, but it’s now beginning to feel the heat, and the exchange is proving it can survive.
More on Binance
Binance is the largest cryptocurrency exchange, and its influence on the market spreads wide. Following the crash of FTX, the gap between Binance and the second-largest exchange has widened. The exchange has other products in the landscape, like the BNB Smart Chain and BUSD. BNB Smart Chain is a decentralized EVM network that serves as an alternative to Ethereum and is preferred for its improved scalability. BUSD is also another Binance product and is the third-largest stablecoin.
Most crypto enthusiasts believe that, at this point, the stability of the crypto market depends on the state of Binance. Moreover, Binance continues to assure users that its exchange is healthy and has all user assets fully collateralized. It recently published a report from auditing firm Mazars, which revealed that users’ Bitcoin (BTC) assets are overcollateralized. A report that crypto experts have criticized for lack of scope and have used it push a bad narrative of the exchange.
Big Eyes Coin(BIG)
Big Eyes Coin (BIG) is a new Ethereum-based memecoin to revolutionize the memecoin landscape and how users perceive it. Big Eyes Coin approaches the market with a unique narrative and uses big-eyed cat memes to push forth in its meme and crypto jokes endeavor. It’s a disposal of the stereotypic dog memes the market has been used to, but the project claims that dog memes are overwashed and do not drive the desired traction Big Eyes Coin need. Although dog memes have worked well for memecoins like Dogecoin(DOGE), Shiba Inu(SHIB), and a few others, it has not done much good for emerging memecoin projects.
Big Eyes Coin aims to build a self-propagating ecosystem around utilities that can create value and help community members make money. With a massive focus on DeFi, Big Eyes Coin will use the resources and advantages available on the ethereum blockchain to push its project to success. Big Eyes Coin aims to introduce some new innovative features to its DeFi solution and is looking to replicate the success of SHIB.
Big Eyes Coin is selling out fast on presale and has raised almost $12 million, while it’s looking to reach $13 million when it concludes its stage 7 presale.
Furthermore, Big Eyes Coin is doing a bonus tokens giveaway and to benefit from the giveaway, use the code: Ocean903 when purchasing BIG tokens.
To find out more about Big Eyes Coin (BIG), visit the links below: