Achievements Of Bitcoin And Ethereum Are Motivating Traders
Bitcoin (BTC) has surpassed the $30,000 mark for the first time since June 2022, while Ethereum (ETH) is also expected to exceed $2,000, indicating that we are entering another bull market. The previous bull market lasted the longest in history, prompting many investors to explore alternative cryptocurrencies and closely monitor those launching in the coming […]
Bitcoin (BTC) has surpassed the $30,000 mark for the first time since June 2022, while Ethereum (ETH) is also expected to exceed $2,000, indicating that we are entering another bull market. The previous bull market lasted the longest in history, prompting many investors to explore alternative cryptocurrencies and closely monitor those launching in the coming months.
One of these is Big Eyes Coin (BIG), which has already raised an impressive $33.55 million in its presale. As the presale-end date of June 3rd approaches, investors are eagerly seeking to invest in this promising new coin with the potential to reach the same heights as established currencies like Bitcoin (BTC) and Ethereum (ETH).
Bitcoin (BTC) Experiencing Bull Market
Since the start of 2023, the value of Bitcoin (BTC) has increased by more than 70%, leading the market and serving as a representation of the broader trends in the cryptocurrency space. As an established currency, BTC provides a level of security for its investors. However, with its value surpassing $30,000, purchasing it has become excessively expensive. Despite this, the upcoming Bitcoin halving is expected to fuel further demand for the currency, while the rest of the cryptocurrency market is also anticipated to join in and contribute to the ongoing bull market.
“Shanghai” Update Transforming Ethereum (ETH)
Although Ethereum (ETH) has not yet reached the impressive heights of BTC, its value has risen by approximately 50% since the beginning of 2023, indicating that ETH, along with many other cryptocurrencies, is following the current trend of increasing values in the market. The upcoming “Shanghai” update will result in ETH abandoning its proof-of-work (PoW) mining system and switching to a proof-of-stake (PoS) system, which is similar to a raffle and more eco-friendly. This move aligns with the BTC mining system, which has already been implemented. As a result, demand and value for ETH are expected to rise and further contribute to the ongoing growth of the broader crypto market.
Approaching Quickly – End Of Presale Stage For Big Eyes Coin (Big)
BTC and ETH are currently dominating the crypto market, prompting many traders to seek out new investment opportunities such as Big Eyes Coin (BIG), which recently announced its official presale-end date of June 3rd. BIG’s presale has already raised an impressive $33.55 million, and as the presale window rapidly closes, demand is anticipated to rise in line with the rest of the crypto market in the coming weeks. The excitement and interest surrounding BIG are apparent, as investors recognize the potential of this coin. Additionally, 80% of the currency will be available to the community at launch, making it more accessible than currencies such as BTC and ETH.
Although BTC and ETH are driving the current bull market, other cryptocurrencies are expected to benefit from this trend. By investing in coins like BIG before they are launched on the market through presale, traders can take advantage of the opportunity before it becomes inaccessible and potentially benefit from the rising market trend, similar to early BTC investors who were able to capitalize on the surge in value.
Big Eyes Coin (BIG)
Website: https://bigeyes.space
Telegram: https://t.me/BIGEYESOFFICIAL
Twitter: https://twitter.com/BigEyesCoin