Cryptocurrency

Altcoins To Invest In As Bitcoin And Ethereum Surge: OKB, Polygon And Big Eyes Coin

IndustryTrends

Bitcoin (BTC) and Ethereum (ETH) have experienced a surge in trading prices, with BTC rising to $29,035 and ETH just below $1,900. BTC volume also increased by 84.70% in the last 24 hours. Despite concerns over First Republic Bank, Bitcoin has been steadily rising since hitting a low of $27,217 the day before. The global cryptocurrency market cap also rose by 1.18% in the last 24 hours to around $1.20 trillion, with Bitcoin's market cap standing at $557 billion. While the market movement remains range bound, here are three altcoins to invest in for great returns: OKB, Polygon (MATIC) and Big Eyes Coin (BIG).

OKB: The Utility Token

OKB is an ERC-20 token on the Ethereum blockchain that acts as a utility token for OKX exchange users. Traders can receive discounts, access token offerings, and earn interest on their savings depending on the number of OKB tokens held. Additionally, OKB is designed as a deflationary token through the "Buy-Back & Burn" protocol, which burns millions of dollars in OKB tokens every quarter, adding value to holders.

Polygon's Current Decline A Minor Correction

Polygon (MATIC) is currently below $1 as bears continue to pressure its price. Since April 19th, 2023, it has been on a gradual downtrend to its current price level of $0.966. Although recent price volatility and decline have affected other tokens in the market, MATIC has held onto most of its gains and remains above its January 1st price of $0.76. However, a sweep of previous lows remains possible if the bears maintain their charge, and the crypto market hopes the current decline is a minor correction rather than a downturn similar to the crypto winter of 2022.

Big Eyes Coin To Launch On Top CEX, Uniswap

Big Eyes Coin (BIG) has raised an impressive $34.5 million in presale and is set to launch on a top-tier CEX on June 15th, after the presale ends on June 3rd. The team has not yet confirmed which exchange it will launch on, but speculations are already circulating within the crypto community. The team has developed a roadmap for the next six months explaining the future plans for one of the most-promising. BIG plans to be listed on several exchanges, including Gate.io, Bitget, BKEX, MEXC, LBank, CoinEx, BIT, BitMart, Deepcoin, XT.COM, BitUBU, Hotbit, and BitForex, as part of its exchange roadmap. The team is dedicated to keeping the community informed and engaged throughout the project's growth and development.

Big Eyes Coin is gaining recognition not only in the cryptocurrency market but also in the non-fungible tokens (NFTs) space. The project team is currently working on developing its own line of NFTs, known as SushiCrew, featuring the project's iconic cat characters. Each SushiCrew NFT will be unique, with its own set of characteristics and traits, making them highly collectible. The introduction of these NFTs is expected to strengthen Big Eyes Coin's brand and provide a new revenue stream for the community. The team believes that the NFT market is growing, and by launching SushiCrew NFTs, Big Eyes Coin is well-positioned to take advantage of this trend and establish itself as a significant player in the crypto industry.

The Big Eyes team expresses gratitude to the CatCrew for their significant support in the Big Eyes Coin project, which has led to the impressive presale amount. With the end of the presale on June 3rd and the launch on a top-tier CEX set for June 15th, the team is confident that Big Eyes Coin is the project to watch in the crypto space.

Big Eyes Coin (BIG)

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