.png){kind=logo}
The World Cup is approaching. Sweat, adrenaline, and cheers are already echoing throughout the world in anticipation. Even if you are not a fan of the sport, cryptocurrency investors have a reason to jump out of their seats and cheer. The cryptocurrency market is about to get a massive boost.
Crypto.com, one of the leading cryptocurrency exchanges, is one of the World Cup's official sponsors. This will give a much-needed boost after one of the largest crypto exchanges, FTX recently filed for bankruptcy. This wiped out much of investor confidence in the crypto market, and also lead to a steep drop in prices across the board.
I will be taking a look at Cronos (CRO), Bitcoin (BTC), and Big Eyes (BIG), and analysing how Crypto.com's World Cup sponsorship will affect these coins and the wider cryptocurrency market. Let's kick this off.
Cronos (CRO) is the native token of Crypto.com. With the increased exposure of Crypto.com, investors in the exchange's native token will enjoy steady gains as the World Cup progresses.
Along with the rest of the crypto market, Cronos has had a sharp decline in price after FTX's collapse. Though many people will feel wary of investing in crypto after this crash, the repeated exposure of the sponsor at such a high-profile event will likely help alleviate new investors' anxiety.
Also, the fact that the exchange is called "Crypto.com" is a bonus advertisement for the whole crypto space. Crypto.com getting this sponsorship will also drive up the prices of other coins such as Bitcoin.
Bitcoin (BTC) is the biggest and most popular cryptocurrency to date. When people get curious about Crypto.com and want to start investing, Bitcoin is very likely to be a lot of people's first investment due to its popularity. The large market of altcoins can seem very scary, and intimidating. To avoid this overwhelm, many first time investors will likely opt for the safest bet. An increase in investments in Bitcoin will drive the price up, and if you invest early you will be able to enjoy profits as the World Cup continues!
As the whole market rises, Big Eyes (BIG) will be another one to rise up with the rest. As a new meme coin on the block, Big Eyes has mountains of untapped potential. With many meme coins, if you invest early, if the hype launches the coin to the stratosphere, you will be able to reap some astronomical gains. For example, if you invested in Shiba Inu (SHIB) early, you could have gotten gains of over 14,044,998%! Do not miss out again on this once in a lifetime opportunity to profit big with Big Eyes!
Since prices have dipped so low, now is a great chance to pick up more coins before the market shoots up again when the World Cup starts. Cronos (CRO) and Bitcoin (BTC) are solid investments, and Big Eyes (BIG) could be the coin that scores big for your portfolio.
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
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 scams, 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 here.
