It was a weekend to forget for cryptocurrency as most of its major gladiators were on the losing side. Bitcoin, Ethereum, and BND – all had tales of losses despite starting February on a high. According to Sathvik Vishwanath, co-founder and CEO of cryptocurrency exchange Unocoin, the crypto market is experiencing varied results, with meme currencies like BONE, BabyDoge, Tamadoge, and Shiba Inu experiencing tremendous growth, while Dogecoin only had a slight rise.
With a loss of about 2% over the previous 24 hours, the market capitalisation of all cryptocurrencies was trading down around the $1.06 trillion mark. The entire trade volume increased by roughly 25% and reached close to $48.01 billion, though.
As the world experiences one of the worst cryptocurrency moments in 2023, the price increase of Shiba Inu over the last 24 hours has restored faith in the meme crypto community. The total value of all meme tokens is now $21.3 billion, up 7% from the previous day.
Over the weekend, the price of SHIB increased by 25%. The Shiba Inu Coin is the top gainer among the top 100 cryptocurrencies for the weekend, thanks to this price movement. At some point during the weekend, SHIB was trading at an average price of $0.000015.
Solana is one cryptocurrency currently feeling the impact of the dwindling fortunes of the digital market. The Solana price research indicates that the coin's value has fallen. Price has decreased to a value of $23.04 as at the time of filing this report, indicating a departure from the level of consolidation. Sunday's unexpected market pressure allowed the bears to unexpectedly gain ground, but today they have reclaimed the upper hand.
The increasing selling pressure seems to be accelerating the downward trend. The fact that the price levels have dipped below the $23.39 support is demoralising for buyers. The coin's value has decreased by 5.34 percent on Sunday, and it has decreased by 9.8 percent over the past seven days.
Cat-themed coin, Big Eyes Coin (BIG) has continued its fairytale run at the presale, raking in an unbelievable amount of USD 23 million since its creation.The new meme coin, since its creation, has continued to dazzle in its quest to go live. Experts have described it as the next big thing in cryptocurrency, and Big Eyes has not stopped proving that this is not an ordinary hype, but a convincing statement of substance, by moving closer everyday to its $50 million mark
Additionally, BIG has extended its 200% welcome bonus until Monday, February 20, 2023. This makes it possible for investors to triple their investment when they buy meme tokens. This implies that investors receive Big Eyes Coin valued at $3,000 for every $1,000 they contribute. This is, undoubtedly, the best cryptocurrency bonus offer! Remember that, investing pays, and investing early pays even better. Use the coupon code "LAUNCHBIGEYES200" to benefit from the best crypto offer.
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.