The countdown begins as Big Eyes Coin (BIG) wraps up a highly successful presale journey in June. It's been an interesting time for the coin and investors are anticipating a launch date announcement. But this isn't the only news hitting up the crypto scene.
Binance, the largest crypto exchange globally, has added seven new liquidity pools, including the much-awaited SHIB/DOGE pair, to its Liquid Swap platform. This move is expected to bring more exposure and liquidity to meme cryptocurrencies like Shiba Inu (SHIB) and Dogecoin (DOGE), thereby attracting more investors and traders to these assets.
With so much happening in the digital world, it's worth taking a deeper look at the wider implications.
Big Eyes Coin (BIG) is set to end its presale on June 3rd, having garnered more than $34 million. The creators of the coin are working towards ensuring its triumph in the unstable cryptocurrency market by creating a strong base, allocating 5% of the total supply to charitable causes, and presenting a 300% bonus on extra tokens for those who purchase now with the code END300.
Furthermore, the coin is currently hosting a competition until April 30th that allows individuals to win BIG tokens worth $200k by purchasing a minimum of $200 worth of BIG and applying the 300% bonus code.
As a meme coin, BIG also stands to benefit from the expansion of the Liquid Swap as more and more cryptocurrencies gain acceptance.
The addition of new liquidity pools on Binance Liquid Swap is seen as a positive development for the market performance of Shiba Inu and other meme cryptocurrencies. With trading volumes remaining low and decreasing, any signs of increased interest in these assets will be closely monitored by the market. This further highlights the growing popularity of meme cryptocurrencies and the possibility for additional growth.
In addition to the SHIB/DOGE liquidity pool, six other liquidity pools have been added to the Binance swap, including BEL/USDT, BTC/TUSD, ID/BTC, ID/USDT, SYN/USDT, and TUSD/USDT.
However, investors need to be aware of the risks associated with adding funds to a liquidity pool, including potential differences in the number of digital assets redeemed and transaction fees incurred.
Dogecoin, which was created as a joke in 2013, has become a trendy digital asset with a significant number of enthusiasts. It has garnered attention lately, particularly after endorsements from notable individuals like Elon Musk, leading to a surge in its price, making it one of the most valuable cryptocurrencies in the market.
Shiba Inu, a relatively new cryptocurrency, has also become popular because of its connection to Dogecoin. It is an ERC-20 token on the Ethereum blockchain that is often referred to as a meme coin due to its adorable dog mascot, which resembles Dogecoin's Shiba Inu dog.
Both Dogecoin and Shiba Inu are meme-based cryptocurrencies that have generated significant interest from the crypto community. The recent addition of the SHIB/DOGE liquidity pool on Binance Liquid Swap is expected to boost liquidity for these meme coins, attracting more investors.
The Binance Liquid Swap expansion news, which sees the addition of the SHIB/DOGE pair to the pool, is predicted to draw more investors and traders towards meme cryptocurrencies beyond Shiba Inu and Dogecoin.
This is good for Big Eyes Coin which is positioning itself for success in the unstable crypto market by creating a strong foundation, assigning a segment of its supply to charity donations, and providing appealing incentives to investors.
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Twitter: https://twitter.com/BigEyesCoin
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be risky, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.