Throughout 2022, we have seen the crypto market suffer. From the beginning of the year to now, the market has not been in a great position as the market suffered a dip. In recent weeks, it seemed as if the market was slowly on the rise and was showing strong signs of recovery, however within the past 24 hours (at the time of writing), it seems as if the market has dipped once again. Whilst this is not great for many crypto users, it does provide an opportunity to 'buy the dip'. This is when crypto users purchase tokens whilst prices are low in hopes of them rising in the future, resulting in larger profits. If you are looking to buy the dip, Bitcoin (BTC), Ethereum (ETH), and Big Eyes Coin (BIG) are the three main coins to keep an eye on.
At the time of writing, the approximate value of BTC is currently $17,500. Comparing this figure to Bitcoin's ultimate peak in 2021 of approximately $69,000, this is a big fall. Earlier this year, BTC had fallen to around $16,000 which is close to its current figure. However, in recent weeks, Bitcoin was showing progress by maintaining a value of $20,000.
Although it is never a great time when the market crashes, it provides users with a rare opportunity to purchase tokens of projects that are likely to remain successful and rise in the long term. Bitcoin is the largest cryptocurrency in the market and has held the number one position since it was created in 2009. As the very first cryptocurrency to exist, it is unlikely for Bitcoin to ever be replaced. Hence, it is a strong investment opportunity.
In the past 24 hours (from the time of writing), Ethereum has fallen by 17%. It is currently valued at $1200 which is a fall from its value of approximately $1700 in recent weeks.
Ethereum is the largest blockchain in the market and as a cryptocurrency, it is the second largest. Launched in 2015, Ethereum is a well-established coin and seems to be evolving well with the market. In September this year, Ethereum made history by officially having its merge take place. This means that Ethereum no longer uses large amounts of energy and is now more sustainable. This is a great thing to achieve as it provides a solution to a major issue that comes with crypto, as well as raising its potential for long-term success.
Big Eyes is a new cryptocurrency that is set to enter the market soon. Currently, it is in presale and is preparing for its official launch. As a meme coin, Big Eyes focuses heavily on its community and provides an interactive and fun platform for its users.
During the presale phase, Big Eyes has reached high figures by raising almost $10 million at the time of writing. With the support of a large community and a unique meme coin platform, it seems as if Big Eyes is set to reward its investors with large rewards in the future.
As Big Eyes is in presale, it is not directly impacted by the current market conditions. However, as BIG token prices are already low, it seems as if this is the best time to purchase for larger rewards.
Big Eyes Coin (BIG)
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
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.