Big Eyes Coin Hits $31 Million in Pre-Sale, Bitcoin and Shiba Inu Drowning in a Red Sea

by James · March 8, 2023

Big Eyes Coin Hits Million in Pre-Sale, Bitcoin and Shiba Inu Drowning in a Red Sea

The past year has been tough on the market. Throughout its 14-year history, cryptocurrency has seen many glorious boom days and created ecstatic, confident investors. However, 2022 was one of the darkest times that investors witnessed. Many lost pots of money during the crypto winter and it seems like history is repeating itself. The bearish nature of the market has a lock on Bitcoin and Shiba Inu, but there are glimmers of hope as more investors believe in Big Eyes Coin.

It is currently Deja Vu in the crypto market as a sea of red emerges. Coins have fallen drastically and are at the mercy of the bears, but all does not seem lost.

Table of Contents

Bitcoin survives a red sea

Over the past decade, Bitcoin has seen its best and worst times. The coin had a peak of $1,133 from its creation until 2013 when winter hit it and left the coin at $172 in January 2015, a decline of more than 85%. Then in 2017, it reached a new high of $19,587, only to decline a year later to $3,255.

However, the coin’s strength gave it a significant fighting chance and it showed its power when it rose to $68,790 in 2021. It fell again due to the endless scandals and a series of bad luck engulfing the market.

If history is to repeat itself, it is highly likely that Bitcoin will surpass this bear market very soon, based on the recent 40% increase of the market and the value of 1 trillion dollars. With the coin set to plow through current conditions, buyers who invest now may have the most to gain in the long run.

Droopy Ears for Shiba Inu

Since the beginning of March, the price of Shiba Inu has fallen to a low of $0.00001096 and has fallen as much as 2%. The Dogecoin killer may fall further in the coming days before plateauing. However, there is little hope for Shib to gather very soon once the Shibarium network is launched.

The network is set to be the main support for Shiba Inu and all its operations. It will serve as a scaling solution for Shiba Inu to increase the demands on their system and increase the speed of their token transactions. In addition, this upgrade will allow the site to burn its coins, thus reducing the number of coins and increasing the value of tokens.

Despite the sea of red, this project should boost investors’ hopes of turning a profit.

Big Eyes Coin and a milestone of $31 million

An exciting upcoming contender in the meme coin game is Big Eyes Coin. The coin steals attention and attracts significant investments in the pre-sale phase. So far, the coin has reached $31 million of its $50 million goal and is giving investors a bang for their buck.

Not only is it a fresh concept in the meme coin market, but it’s also a coin that offers investors a plethora of options.

The platform gives users a chance to win up to $1 million with loot boxes that cost as little as $10. Additionally, users can experience the joy of no tax on their transactions, meaning that what they earn is 100% theirs. The platform has also pledged 5% of its total earnings to marine conservatories because they believe.

Last thought

The crypto market has always been extremely volatile, so the red ocean does not come as a surprise. The crypto winter was a dark time, but considering the development of the market at the start of the year, it looks positive in the long run. The bearish nature has gripped the market many times before and the coins have always outperformed, this season is no exception.