Big Eyes Coin Launches Vault Pin; Bitcoin, Ethereum Continue to Plunge

Big Eyes Coin Launches Vault Pin; Bitcoin, Ethereum Continue to Plunge

Big Eyes Coin (BIG), one of the newest cat meme tokens in the crypto space, recently launched its vault pin as a part of its presale. This coin is perhaps one of the best ways to take a break from the volatile market as Bitcoin (BTC) and Ethereum (ETH) dip further, causing all altcoins to turn red in the market.

BIG Cat Crew Grab Free Loot Boxes

Big Eyes recently introduced the vault pin, where investors are able to get a free Loot Box depending on the amount they spend.

When buyers go to Big Eyes' website to purchase tokens, they can enter the vault pin 819 and get their reward, providing that they spend over $100.

If the user spends $100, they will get a Saver Tin which contains $1000 worth of BIG, as the biggest prize possible. For users who have spent $1000 they will receive a Cute Box, which may help them win up to $10,000 worth of BIG. Meanwhile, those who have spent $5000 can get a Kitty Vault, where they can win up to $25,000 worth of BIG.

Investors can also get the top two biggest Loot Boxes, depending on how much they have spent. If investors spend $10,000 and $100,000, they will get a Super Saiyan Box and Excali-Paw Chest, respectively. The Super Saiyan Box allows token holders to win up to $100,000 worth of BIG, while the Excali-Paw Chest contains a prize of up to $1 million worth of BIG!

Therefore, the more users spend money on Loot Boxes, the bigger the box they will receive.

Bitcoin Takes a Nosedive Due to Looming Inflation

Bitcoin continues to have a bad month following Silvergate woes and macroeconomic impact. To make things worse, Federal Reserve Chairman Jerome Powell stated that inflation could go higher than previously thought.

After Powell's statement before the US Senate Banking Committee on Tuesday, BTC fell by 1.6%, with its price down to $22,000.

With FUD (fear, uncertainty, doubt) spreading throughout the crypto market, Bitcoin investors are turning their backs on BTC and flocking to tokens with smart contract functionality.

As of now, crypto enthusiasts have every reason to invest in other altcoins or even new tokens. However, buying presale coins might be a better option to take a break from market volatility.

Ethereum Volume Has Been Down by 90% since 2020

Ethereum's price saw a recovery of 78% since June 2022, but it does not necessarily mean that it guarantees success. Looking at the digital asset's volume profile, it highly suggests a major crypto market correction.

In March 2020, Ether's volume profile showed a greater selling volume than the buying volume when there was about 160 million ETH across the $85-$270 price range. This was quickly replaced with a higher buying volume, with 64.25 million trades across the $270-$450 range from July to November 2020.

When 2022 came, fewer investors participated in the coin's potential bottom compared to the start of the bull market in 2020. However, we are seeing a rising volume during the current ETH price rebound.

Recently in March 2023, 65% of Ethereum was bought at a lower price, which means securing profits might still remain high even if a significant price drop looms ahead.

The crypto market has always been volatile, but if you want to rest from market volatility, consider investing in Big Eyes Coin today! Check them out on their website and social media.

Big Eyes Coin (BIG):

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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