After breaking the landmark height of $30,000 earlier in the week, Bitcoin has remained stable and continued to grow, offering a promising prospect of a bull run in the crypto market in the coming weeks.
This is only further cemented by Ethereum (ETH) breaking $2,000 after their "Shanghai" update yesterday. As many experts are claiming that we are now in a bull market, investors are looking towards alternative investment opportunities still in their infancy to achieve maximum returns, such as Big Eyes Coin (BIG).
Big Eyes Coin is rapidly approaching the end of its presale period, which ends on the 3rd of June, and the excitement surrounding the launch is palpable. BIG, having raised an impressive £33.73 million so far, has captured the attention of many crypto enthusiasts, and publications are recognizing it as having the potential to become the world's next most significant meme coin.
As many other currencies have been experiencing exciting gains over the past week, it is natural that investors are scouring the market for upcoming projects that have the potential to match the growth that we have seen with currencies like Bitcoin (BTC) and Ethereum (ETH). The proof of stake system will enable BIG to offer a sustainable and innovative approach that is in line with future progressions within the crypto market.
Ethereum (ETH) is another currency that has adopted the proof of stake system with their recent "Shanghai" update, moving entirely away from the controversial proof of work system used by many others, like Bitcoin (BTC).
ETH's update has caused a rift in the market, and this gamble has paid off as ETH is looking to continue climbing as it has risen above the $2,000 point. This clearly suggests that we have well and truly entered a bull market.
Bitcoin (BTC) continues to skyrocket, although it remains a long way off its peak of $69,044. As the entire crypto market often follows the trajectory that BTC takes, this shows other currencies, such as Ethereum (ETH) and Big Eyes Coin (BIG), will follow this rise and grow in value in tandem.
BTC has been adopted by many gigantic institutions such as Tesla, Block, and Coinbase, all buying millions of dollars worth of BTC. This has driven up the price of BTC and continues to grow the influence of crypto in the broader economic market.
As the crypto market continues to gain momentum during this bull run, investors are both continuing to pay attention to innovations by Ethereum and Bitcoin and consider how this will influence the market for new projects like Big Eyes Coin to launch in the near future. Now more than ever, enthusiasts are excited about investing in promising new projects to profit as much as possible from this bull market.
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
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Disclaimer: Analytics Insight does not provide financial advice or guidance. 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. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.