BTC Price Remains Static; PEPE and BIG on the Rise
Bitcoin Simmers In A Stalemate: Is Now The Time For Meme Tokens Like PEPE Coin And Big Eyes Coin To Rise?
Bitcoin (BTC) has been gently simmering at $26K-$28K for weeks, refusing to budge from its very solid position despite incredible movement happening to the crypto market around it. While Bitcoin has reached a stalemate, new and exciting crypto projects have been launching onto the scene, proving just how dynamic the metaverse is despite Bitcoin’s disappointing stasis. PEPE Coin, a meme coin inspired by the popular 2016 meme, and Big Eyes Coin (BIG) are two projects currently making waves in the Web3 community. Has Bitcoin (BTC) finally had its day?
Why Isn’t Bitcoin Moving?
There are several factors that could be attributed to Bitcoin’s stalemate these past few weeks. Mainly, economic uncertainty scaring investors away from risky options like crypto. In America, lawmakers can’t agree on a deal to raise the debt ceiling and the Government’s ability to pay their bills relies on the outcome of this decision. The U.S. Treasury Secretary announced on Friday that the U.S. could run out of money by June 5th this year. The Federal Reserve has also been contemplating raising interest rates or pausing them, after meeting on Wednesday, the final verdict will be announced in mid-June.
Bitcoin, specifically, might be struggling to gain momentum because $2.2B worth of 85K options expired over the weekend. When this happens, Bitcoin’s price is even more volatile than usual as investors either decide to buy or sell. If investors choose to sell, the market is flooded and BTC is worth less.
Introducing: PEPE Coin
Despite the economic uncertainty in America, the new PEPE Coin has taken off in recent months, proving the popularity of meme coins. Despite having no use cases or long-term roadmap PEPE Coin seems to have tapped into the right audience at the right time. Its anonymous group of creators has stipulated that PEPE Coin is purely for ‘entertainment purposes’ and its website is peppered with internet memes and jokes to reflect this.
PEPE Coin is now sitting at a comfortable half-a-billion market cap, with highs of nearly two billion dollars. The success of projects like this proves the sustained interest in meme coins as well as the longevity of cryptocurrency despite economic concerns.
Highly-Anticipated Big Eyes Coin Presale Ends Soon!
Big Eyes Coin has taken the presale world by a storm this year, raising an incredible $45.6 Million. They had their community riveted from day one, with engaging competitions, regular charity donations, and even a banner in Times Square! Big Eyes Coin is all about giving back, with a charity wallet donating straight to ocean sanctuaries and loot box releases to reward the Big Eyes community. With this coin cute = currency, and this mindset is certainly proving to be a success. The presale finally finishes on June 3rd, with the coin launching soon after on June 15th.
The community has one last reward coming their way, Big Eyes has returned the price to Stage 3 allowing those who buy now to have the privilege of early presale prices! This is certainly a project that knows how to keep its users happy.
Big Eyes Coin (BIG)
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Instagram: https://www.instagram.com/BigEyesCoin/
Twitter: https://twitter.com/BigEyesCoin
Bitcoin Simmers In A Stalemate: Is Now The Time For Meme Tokens Like PEPE Coin And Big Eyes Coin To Rise?
Bitcoin (BTC) has been gently simmering at $26K-$28K for weeks, refusing to budge from its very solid position despite incredible movement happening to the crypto market around it. While Bitcoin has reached a stalemate, new and exciting crypto projects have been launching onto the scene, proving just how dynamic the metaverse is despite Bitcoin’s disappointing stasis. PEPE Coin, a meme coin inspired by the popular 2016 meme, and Big Eyes Coin (BIG) are two projects currently making waves in the Web3 community. Has Bitcoin (BTC) finally had its day?
Why Isn’t Bitcoin Moving?
There are several factors that could be attributed to Bitcoin’s stalemate these past few weeks. Mainly, economic uncertainty scaring investors away from risky options like crypto. In America, lawmakers can’t agree on a deal to raise the debt ceiling and the Government’s ability to pay their bills relies on the outcome of this decision. The U.S. Treasury Secretary announced on Friday that the U.S. could run out of money by June 5th this year. The Federal Reserve has also been contemplating raising interest rates or pausing them, after meeting on Wednesday, the final verdict will be announced in mid-June.
Bitcoin, specifically, might be struggling to gain momentum because $2.2B worth of 85K options expired over the weekend. When this happens, Bitcoin’s price is even more volatile than usual as investors either decide to buy or sell. If investors choose to sell, the market is flooded and BTC is worth less.
Introducing: PEPE Coin
Despite the economic uncertainty in America, the new PEPE Coin has taken off in recent months, proving the popularity of meme coins. Despite having no use cases or long-term roadmap PEPE Coin seems to have tapped into the right audience at the right time. Its anonymous group of creators has stipulated that PEPE Coin is purely for ‘entertainment purposes’ and its website is peppered with internet memes and jokes to reflect this.
PEPE Coin is now sitting at a comfortable half-a-billion market cap, with highs of nearly two billion dollars. The success of projects like this proves the sustained interest in meme coins as well as the longevity of cryptocurrency despite economic concerns.
Highly-Anticipated Big Eyes Coin Presale Ends Soon!
Big Eyes Coin has taken the presale world by a storm this year, raising an incredible $45.6 Million. They had their community riveted from day one, with engaging competitions, regular charity donations, and even a banner in Times Square! Big Eyes Coin is all about giving back, with a charity wallet donating straight to ocean sanctuaries and loot box releases to reward the Big Eyes community. With this coin cute = currency, and this mindset is certainly proving to be a success. The presale finally finishes on June 3rd, with the coin launching soon after on June 15th.
The community has one last reward coming their way, Big Eyes has returned the price to Stage 3 allowing those who buy now to have the privilege of early presale prices! This is certainly a project that knows how to keep its users happy.
Big Eyes Coin (BIG)
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Instagram: https://www.instagram.com/BigEyesCoin/
Twitter: https://twitter.com/BigEyesCoin
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