The global cryptocurrency market capitalization has seen a healthy growth of 1.85% over the last 24 hours. At the time of writing, the global crypto market cap had reached $1.08 trillion, with the total market volume at $60.94 billion, a 23.35% increase over the last day.
The upward and bullish trajectory of the day's crypto market at the outset of 2023 is an indication for experts and investors that cryptocurrency is looking at much greener pastures, as it is witnessing powerhouses like Bitcoin (BTC) and Binance (BNB) smacking home runs and the emergence of tokens like Big Eyes Coin (BIG) showing the potential of being the next big investment in crypto.
Having been lingering around the $22,850 – $22,900 mark for the past few days, Bitcoin's (BTC) price, as predicted by experts, rose by 1.33% overnight to trade at $23,206.39 at the time of writing.
Bitcoin, at the time of writing, held a market capitalization of $447 billion and was trading at a 24-hour volume of $26.8 billion. Given the statistics provided by indicators, Bitcoin is in the uptrend zone.
It is very much in the interest of investors that Bitcoin remains bullish, as experts indicate that the cryptocurrency is likely to move on an upward trajectory provided that it maintains its position above the key support levels.
Binance (BNB), the world's leading cryptocurrency, has announced that it will suspend USD deposits and withdrawals, effective from 8th February. The company said the suspension was "temporary" without sharing how long it would last nor a reason for the decision. Nevertheless, Binance assured it would resume services at its earliest.
Despite the decision, BNB remained mostly unaffected. Its price remained stable at $330.30 at the time of writing. The coin's price, in fact, has gone up by 1.11% in the last 24 hours and has risen by 7.13% over the past week.
At the time of writing, BNB held a market capitalization of $52 billion and a 24-hour trading volume of $519 million.
Big Eyes Coin (BIG) is not too far from going live as it has now reached stage 11 of its presale, where it has raised over $24.5 million in presale tokens. Described as the most successful presale in recent times, Big Eyes Coin is making healthy gains toward achieving its $50 million presale target.
Big Eyes Coin, which is based on Ethereum (ETH) and uses the Proof-of-Stake (PoS) consensus process to validate transactions, is currently working on a new NFT collection called 'The Sushi Crew,' which offers a unique collection for holders that wish to own merchandise, content and take part in events.
Big Eyes Coin, a big believer in "power lies in the people," through its Initial Coin Offering (ICO), will give the investor the option of becoming a member of the project's community and decision-making process with 90% of it available at launch.
Cryptocurrency has the capacity to change and revolutionize compliance-free peer-to-peer and remittance trades. Still, end users have to overcome certain challenges connected to security, privacy, and control to benefit from cryptocurrency. Big Eyes Coin offers a safe space with its contract code fully audited by Solidity Finance and shown to be 100% secure and has received verification from CoinSniper to build a reputation for transparency and credibility.
As it strives to be the next big meme coin, Big Eyes Coin has set up an ambitious and environmentally friendly roadmap. Big Eyes Coin will use its PoS protocol to reduce blockchain energy requirements by eliminating crypto mining, a large factor for over a million tons of carbon emissions to the atmosphere. A 5% of Big Eyes Coin's total token supply will also be set aside to be donated to multiple ocean-saving charities.
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.