Do Presale Coins Such As Big Eyes Coin Have Smaller Risks In Comparison To Established Networks Such As Ethereum And Solana?
The year 2022 has arguably been one of the toughest times for cryptocurrencies due to several reoccurring crashes. At the beginning of this month, FTX Token became bankrupt, resulting in other cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH) and Solana (SOL) declining in market capitalisation and value.
Unfortunately, this caused many crypto sceptics to reinforce their opinion regarding cryptocurrencies, stating how its volatility is not a secure purchasing method. Presale coins often are perceived as a safer alternative to established networks. Some crypto projects use this approach before an initial coin offering, in which tokens are offered to interested parties at a set price. Big Eyes Coin (BIG) is one example of an emerging cryptocurrency thriving in its presale.
Big Eyes Coin Presale Continues To Be Successful
Big Eyes Coin (BIG) is a new community-driven meme currency that aims to redirect wealth into the decentralised finance ecosystem while simultaneously safeguarding an important component of the world’s environment. The emerging meme coin entered the crypto market in mid-2022, and ever since, has been heavily discussed online due to its distinctiveness. Big Eyes Coin is in the seventh stage of its presale and has accumulated $11.1 million in presale thus far. The blockchain network acknowledges that community tokens generate funds for charitable purposes.
As a result, Big Eyes Coin intends to create a self-propagating platform for hyper-growth by utilising NFTs to offer access to content and events. Big Eyes Coin utilises an adorable cat with huge pupils as its figurehead, seeking to attract the ‘cute’ market, which its makers say is worth a billion dollars. Its mascot is developed in the form of an anime/manga, a prominent theme in Japanese culture that has an estimated worth of $24.80 billion. Furthermore, the currency intends to be useful by including a charity wallet in which 80% of the 200,000,000 tokens accessible will be donated to ocean conservation organisations.
Ethereum Is Down But It Is Not Out
According to CoinMarketCap, the price of Ethereum (ETH) is £971. It’s down 3.52% from yesterday’s result of £1,005, up 2.50% from the previous week, and down 27.84% from a month ago. The 24-hour trading volume is around £5.0 billion, and the market cap is approximately £118.9 billion. ETH has a 52-week high of £3,590 and a 52-week low of £733. Ethereum is a well-known decentralised open-source blockchain system. ETH pioneered the use of smart contracts, which are computer programmes that automatically carry out the processes necessary to fulfil an agreement between many participants online.
Cryptocurrency is also known for having one of the largest ecosystems in crypto, being worth approximately $375 billion. Despite declining again in November due to the crypto crash, Ethereum has maintained its credibility by implementing a critical mechanism that eliminates the need for a third party’s involvement.
Can Solana Recover During The Bear Market?
Solana (SOL) is an open-source decentralised project. The blockchain is regarded as one of the quickest in the crypto industry. It was created to provide a user-friendly environment for the development of various crypto-related projects. Solana’s blockchain technology has increased scalability, speed, and transaction costs with its new and upgraded DeFi solutions.
Solana has had a poor start to the month, with the price action not looking good following a significant price drop from over $35 to $11 due to the FTX incident, which has had a more direct influence on the price. Despite the SOL recovery rise, the price remains below the crucial zone of interest, which would attract many buyers’ attention.
Final Thoughts
Although Ethereum (ETH) and Solana (SOL) are two established crypto networks, they have suffered throughout this year as the crypto crashes mainly affect the most prominent cryptocurrencies. However, both blockchain networks are likely to make a swift recovery due to their popularity.
From a buyer’s perspective, crypto presales have enormous upside potential. During a presale, crypto tokens are likely to be sold at a steep discount – often through the platform’s website. Presale tokens could be the better purchase option in a bear market, as the risk factors of obtaining them are minimal in comparison to upper-echelon tokens.
Find Out More About Big Eyes Coin (BIG) In The Links Below:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
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Do Presale Coins Such As Big Eyes Coin Have Smaller Risks In Comparison To Established Networks Such As Ethereum And Solana?
The year 2022 has arguably been one of the toughest times for cryptocurrencies due to several reoccurring crashes. At the beginning of this month, FTX Token became bankrupt, resulting in other cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH) and Solana (SOL) declining in market capitalisation and value.
Unfortunately, this caused many crypto sceptics to reinforce their opinion regarding cryptocurrencies, stating how its volatility is not a secure purchasing method. Presale coins often are perceived as a safer alternative to established networks. Some crypto projects use this approach before an initial coin offering, in which tokens are offered to interested parties at a set price. Big Eyes Coin (BIG) is one example of an emerging cryptocurrency thriving in its presale.
Big Eyes Coin Presale Continues To Be Successful
Big Eyes Coin (BIG) is a new community-driven meme currency that aims to redirect wealth into the decentralised finance ecosystem while simultaneously safeguarding an important component of the world’s environment. The emerging meme coin entered the crypto market in mid-2022, and ever since, has been heavily discussed online due to its distinctiveness. Big Eyes Coin is in the seventh stage of its presale and has accumulated $11.1 million in presale thus far. The blockchain network acknowledges that community tokens generate funds for charitable purposes.
As a result, Big Eyes Coin intends to create a self-propagating platform for hyper-growth by utilising NFTs to offer access to content and events. Big Eyes Coin utilises an adorable cat with huge pupils as its figurehead, seeking to attract the ‘cute’ market, which its makers say is worth a billion dollars. Its mascot is developed in the form of an anime/manga, a prominent theme in Japanese culture that has an estimated worth of $24.80 billion. Furthermore, the currency intends to be useful by including a charity wallet in which 80% of the 200,000,000 tokens accessible will be donated to ocean conservation organisations.
Ethereum Is Down But It Is Not Out
According to CoinMarketCap, the price of Ethereum (ETH) is £971. It’s down 3.52% from yesterday’s result of £1,005, up 2.50% from the previous week, and down 27.84% from a month ago. The 24-hour trading volume is around £5.0 billion, and the market cap is approximately £118.9 billion. ETH has a 52-week high of £3,590 and a 52-week low of £733. Ethereum is a well-known decentralised open-source blockchain system. ETH pioneered the use of smart contracts, which are computer programmes that automatically carry out the processes necessary to fulfil an agreement between many participants online.
Cryptocurrency is also known for having one of the largest ecosystems in crypto, being worth approximately $375 billion. Despite declining again in November due to the crypto crash, Ethereum has maintained its credibility by implementing a critical mechanism that eliminates the need for a third party’s involvement.
Can Solana Recover During The Bear Market?
Solana (SOL) is an open-source decentralised project. The blockchain is regarded as one of the quickest in the crypto industry. It was created to provide a user-friendly environment for the development of various crypto-related projects. Solana’s blockchain technology has increased scalability, speed, and transaction costs with its new and upgraded DeFi solutions.
Solana has had a poor start to the month, with the price action not looking good following a significant price drop from over $35 to $11 due to the FTX incident, which has had a more direct influence on the price. Despite the SOL recovery rise, the price remains below the crucial zone of interest, which would attract many buyers’ attention.
Final Thoughts
Although Ethereum (ETH) and Solana (SOL) are two established crypto networks, they have suffered throughout this year as the crypto crashes mainly affect the most prominent cryptocurrencies. However, both blockchain networks are likely to make a swift recovery due to their popularity.
From a buyer’s perspective, crypto presales have enormous upside potential. During a presale, crypto tokens are likely to be sold at a steep discount – often through the platform’s website. Presale tokens could be the better purchase option in a bear market, as the risk factors of obtaining them are minimal in comparison to upper-echelon tokens.
Find Out More About Big Eyes Coin (BIG) In The Links Below:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
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