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The beating that Bitcoin (BTC) took during the bear market seems to be slowly ending. 2023 has certainly been a better year for the original cryptocurrency, and although it took a tumble towards the end of 2022, Bitcoin has risen by 65% since the beginning of the year. The storm is over, and the sun is shining through, but will the end of the bear market be a rain-on Big Eyes Coin's (BIG) parade?
It is crucial to honor the coin that launched the cryptocurrency industry as a whole. Since Bitcoin's creation in 2009, there has been an abundance of other cryptocurrencies entering the market. Over the past few years, Bitcoin has dominated and seen an enormous price increase. Bitcoin was barely about $500 around May of 2016, but it is now worth almost $28.5K.
Despite being the first cryptocurrency, Bitcoin still has many flaws. Although it is the most valuable cryptocurrency by market capitalization, investing in it carries some risk because of the token's high volatility. Bitcoin's price dropped by more than 75% in 2022 compared to its peak. Although the volatility may deter some investors, Bitcoin has the advantage of being widely accepted as a form of payment for everyday transactions due to its immense popularity.
A lot of popular sports figures have signed contracts accepting Bitcoin and various other cryptocurrencies as a form of payment. NBA star Andre Iguodala took to Twitter in early 2022 to announce he would be taking a portion of his salary in Bitcoin.
Despite the hot and cold aspects of the market, it seems the clouds are clearing, and the sun is shining for Bitcoin this year. Already there has been a 65% increase in value for Bitcoin, and it seems that Bitcoin is leaving its market crash in the rearview mirror.
With its presale, the well-liked community-driven coin Big Eyes made recent history by earning over $35 million so far; as there is still a month left of the presale, things could make a drastic change. Big Eyes Coin is more than just an adorable crypto-conversant cat; Big Eyes wants to build something that any person can participate in; this cat cares about both people and the environment equally.
Although it is refreshing to have a cryptocurrency pay so much close attention to the effects of climate change, so much so that it is choosing to dedicate five percent of all tokens to assisting charities with saving the oceans from pollution, at the end of the day, healthy fish makes for great cat food!
With the introduction of Loot Boxes, Big Eyes Coin has increased the intrigue surrounding presales. Presenting Big Eyes Coin as a means for people to win big, and as the end of the presale draws near, it isn't too late to purchase one before 3rd June. Alternatively, using code END300 before the deadline, potential investors can gain a healthy 300% ROI when buying $BIG!
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Twitter: https://twitter.com/BigEyesCoin
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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.
