It’s official. Dogecoin’s (DOGE) and Shiba Inu’s (SHIB) good luck is over. After a couple of days of token value rises, the two meme currencies have utterly tanked again.
Crypto enthusiasts wished for a hopeful November amid the tumultuous bear market, but by the looks of things, the situation isn’t going to get any easier just yet.
The beloved Dogecoin and Shiba Inu, pillars of the meme coin market, faced substantial losses amid the crypto exchange FTX’s near collapse. The FTX Exchange was one of the most widely used exchange platforms but faced issues with liquidity. As a result, The Binance Network has announced it will now attempt to acquire the platform.
Does this mark the start of a Lowvember? Or are cryptos such as Big Eyes Coin (BIG) proving there is hope yet for this year?
Dogecoin Loses 38% Value In Four Days!
Everyone knows Dogecoin to be a volatile dog, but nobody wants to believe it because it simply looks so cute.
Unfortunately, this week, investors were forced to come to reality when Dogecoin crashed 8.5% in the last 24 hours. That is a whopping loss of $3,600,000,000 in market capitalization, according to CoinMarketCap.
However, as the day progresses, there is the promise of Dogecoin bouncing back. Having increased from $0.08 to $0.09 today, perhaps there is a slither of chance that once the FTX Exchange drama dies down, Dogecoin could return to its rightful place.
Shiba Inu Falls by 21%
While it is true Shiba Inu feels the knock-on effects of Dogecoin, in this case, it has dealt with it pretty heavily. Having lost 8.57% in SHIBA’s value over the last 24 hours, the commenters on Shiba Inu’s CoinMarketCap listing are not happy.
Some of the most prominent messages are ‘Added another zero, this coin is useless, pointless and straight garbage’ and ‘sell or be sorry, bear run is here!’, among many others.
Although Shiba Inu was supposed to be the ‘Dogecoin Killer’ due to its deflationary tokenomics and use of the Ethereum Blockchain Network. However, in the short term, this token will not be killing anytime soon.
Big Eyes Coin Almost Can Touch $10,000,000 In Sensational Presale
If learning about Dogecoin and Shiba Inu has dampened your mood, then hearing about Big Eyes Coin could cheer you up.
Based around a cat intending to save the world’s oceans to continue eating fish, Big Eyes Coin is an adorable meme currency taking the internet by storm.
Having already garnered nearly 60,000 Twitter followers and almost $10,000,000 in presales, Big Eyes Coin is proving to be an internet sensation.
Exciting upcoming features of the defi community-based coin include NFT collections and events, a merch store, fundraising events, competitions, and much more.
With a cute squishy aesthetic and a visibly held charity wallet that will make donations to ocean sanctuaries, Big Eyes Coin is an opportunity for those looking to invest in an optimistic coin that is not affected by market volatility right now.
If you are tired of your favorite coins, Dogecoin and Shiba Inu sinking, investing in preselling coins like Big Eyes Coin could be a clever decision.
For more information on the project:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
The post Lowvember: Dogecoin Dunks, Shiba Inu Sinks But Big Eyes Coin Blooms appeared first on Analytics Insight.
It’s official. Dogecoin’s (DOGE) and Shiba Inu’s (SHIB) good luck is over. After a couple of days of token value rises, the two meme currencies have utterly tanked again.
Crypto enthusiasts wished for a hopeful November amid the tumultuous bear market, but by the looks of things, the situation isn’t going to get any easier just yet.
The beloved Dogecoin and Shiba Inu, pillars of the meme coin market, faced substantial losses amid the crypto exchange FTX’s near collapse. The FTX Exchange was one of the most widely used exchange platforms but faced issues with liquidity. As a result, The Binance Network has announced it will now attempt to acquire the platform.
Does this mark the start of a Lowvember? Or are cryptos such as Big Eyes Coin (BIG) proving there is hope yet for this year?
Dogecoin Loses 38% Value In Four Days!
Everyone knows Dogecoin to be a volatile dog, but nobody wants to believe it because it simply looks so cute.
Unfortunately, this week, investors were forced to come to reality when Dogecoin crashed 8.5% in the last 24 hours. That is a whopping loss of $3,600,000,000 in market capitalization, according to CoinMarketCap.
However, as the day progresses, there is the promise of Dogecoin bouncing back. Having increased from $0.08 to $0.09 today, perhaps there is a slither of chance that once the FTX Exchange drama dies down, Dogecoin could return to its rightful place.
Shiba Inu Falls by 21%
While it is true Shiba Inu feels the knock-on effects of Dogecoin, in this case, it has dealt with it pretty heavily. Having lost 8.57% in SHIBA’s value over the last 24 hours, the commenters on Shiba Inu’s CoinMarketCap listing are not happy.
Some of the most prominent messages are ‘Added another zero, this coin is useless, pointless and straight garbage’ and ‘sell or be sorry, bear run is here!’, among many others.
Although Shiba Inu was supposed to be the ‘Dogecoin Killer’ due to its deflationary tokenomics and use of the Ethereum Blockchain Network. However, in the short term, this token will not be killing anytime soon.
Big Eyes Coin Almost Can Touch $10,000,000 In Sensational Presale
If learning about Dogecoin and Shiba Inu has dampened your mood, then hearing about Big Eyes Coin could cheer you up.
Based around a cat intending to save the world’s oceans to continue eating fish, Big Eyes Coin is an adorable meme currency taking the internet by storm.
Having already garnered nearly 60,000 Twitter followers and almost $10,000,000 in presales, Big Eyes Coin is proving to be an internet sensation.
Exciting upcoming features of the defi community-based coin include NFT collections and events, a merch store, fundraising events, competitions, and much more.
With a cute squishy aesthetic and a visibly held charity wallet that will make donations to ocean sanctuaries, Big Eyes Coin is an opportunity for those looking to invest in an optimistic coin that is not affected by market volatility right now.
If you are tired of your favorite coins, Dogecoin and Shiba Inu sinking, investing in preselling coins like Big Eyes Coin could be a clever decision.
For more information on the project:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
The post Lowvember: Dogecoin Dunks, Shiba Inu Sinks But Big Eyes Coin Blooms appeared first on Analytics Insight.