Coinbase’s Brian Armstrong States He Has 2 Million Bitcoin, While Big Eyes Coin Raises $10.3 Million In Presale

Coinbase’s Brian Armstrong States He Has 2 Million Bitcoin, While Big Eyes Coin Raises $10.3 Million In Presale

Cryptocurrencies have had a difficult 2022 due to the frequently occurring market crashes. The oversaturation of cryptocurrencies on the market has caused prices to fall as people lose faith in their value and switch their purchasing options. However, crypto analysts predict that cryptocurrencies will continue to be a popular digital component for users despite the volatility in their prices.

Brian Armstrong, the CEO of the crypto trading company Coinbase, has recently stated that the organisation holds 2 million Bitcoin (BTC). Bitcoin, the godfather of crypto, has recently risen in price by 4.65%, showing signs that the crypto is beginning to recover. Meanwhile, the upcoming meme token Big Eyes Coin (BIG) has reached another milestone in its short existence by exceeding $10 million in the sixth stage of the presale.

Brian Armstrong's Coinbase Holds 2 Million Bitcoin

Bitcoin (BTC) is a digital currency that allows for secure peer-to-peer Internet transactions. The invention of Bitcoin was a cryptographic breakthrough that resulted in the establishment of the crypto market. The blockchain network is a software program that acts as a ledger, recording every Bitcoin transaction. A computer network is used to distribute and validate Bitcoin. It is not subject to the authority of any corporation, government, or intermediary. According to Coinbase CEO Brian Armstrong, the business possesses 2 million Bitcoin valued at $39.9 billion as of 30 September 2022.

The information Armstrong gave comes at a time when the general public is focusing on exchange balances in the aftermath of FTX's violent collapse. Armstrong also shared the company's shareholder letter, which includes a comprehensive list of Coinbase assets. The Coinbase CEO's Twitter statements follow discussions about proof-of-reserves and financial audits. According to CoinMarketCap, the price of BTC on 23 November 2022, is £13,926. This is a 4.65% increase over yesterday's total of £13,279, a 3.64% decrease from the previous week, and a 14.41% decrease from one month ago.

Big Eyes Coin Hits Landmark $10.3 Million In Presale

After less than a year of existence, Big Eyes Coin (BIG) has had an emphatic impact on not only the meme coin sector but also the crypto market as a whole. The blockchain network emerged in mid-2022, a time when the first crypto crash negatively affected crypto giants such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and Terra (LUNA). Big Eyes Coin captivated audiences initially through its recognisable mascot, an anime/manga-designed cat with adorably large pupils. The mascot took a different approach to brand, as meme coins such as Dogecoin, Shiba Inu and Floki Inu are predominantly centred around dogs.

Aside from its aesthetically distinct avatar, Big Eyes Coin sought to incorporate sustainable features into the project, demonstrating its desire to enhance the quality of not just the decentralised financial environment, but also the real-world ecology. BIG accomplishes this by donating 5% of their available tokens to sea-based conservation organisations. Additionally, Big Eyes Coin is also built on the veteran network Ethereum, which has recently changed to a proof-of-stake consensus, increasing the probability of Big Eyes Coin long-term feasibility.

The meme coin recently reached another milestone by raising $10.3 million in the sixth stage of its presale. As the annual Black Friday sales are approaching, Big Eyes Coin has added an incentive to join the community with the promotional code BLACKFRIDAY50. Participate in the most discussed upcoming meme coin now!

For More Information On Big Eyes Coin (BIG), Click The Links Below:

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