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Stepping into the second week of February, the crypto market remained flat with scarce but mixed fluctuations across different cryptos. Bitcoin hovered around the $23K mark, and Ether recorded subtle gains and crossed the $1,600-line. Bitcoin’s surge the past month has definitely restored some of the investors’ confidence as we can read below.
Big Eyes Coin recorded a staggering $23.7 million in their pre-ICO so far, a massive milestone to achieve in the current lethargic market. Experts say this pre-ICO figure is the biggest since 2020. This goes to show the potential of this new kid on the crypto block, which is currently in the tenth stage of its presale.
Other noteworthy mentions are Polygon and Litecoin, both of whom gained up to 2% and 3% over the weekend respectively.
Summary
Polygon Still Going Strong
Polygon (MATIC) is a layer-2 scaling solution for Ethereum that provides low gas fees and fast transactions for decentralised applications. Labelled as the ‘Internet of Blockchains’, the MATIC platform connects several blockchains together and provides the utilities of the Ethereum network as well as the security and dynamics of the crypto mammoth.
Due to MATIC’s scalability and cost-efficiency, many developers and decentralised-finance (De-Fi) projects are looking to switch to the platform due to its multi-chain blockchain ecosystem, increasing the crypto’s popularity.
Known as the Matic Network in 2017, 2022 was as sore for Polygon as other cryptocurrencies. The multi-chain platform suffered big losses from its all-time high of $2.73 in December 2021 to $0.38 in June 2022. However, MATIC has showcased remarkable performance recently, gaining more than 50% since the start of 2023 and outperforming both Bitcoin and Ethereum. It is currently ranked 10 amongst all the cryptocurrencies, with a market capitalization of $10,839,244,473 and value of $1.24 at the time of writing this article.
Litecoin Not So Light in Comparison to Crypto Leaders
Litecoin (LTC) was founded in 2011 by a former Google engineer by the name of Charlie Lee, with the aim of becoming a medium for daily transactions. LTC is one of the earliest cryptos and was inspired by Bitcoin to counter the central control of the king of crypto and halt large-scale mining firms’ superiority in gaining BTC.
Although Litecoin shares similarity in names as well as features, it has a different algorithm and is faster in terms of transacting and processing as compared to Bitcoin. Litecoin is now a platform that promotes peer-to-peer payment functionalities and its currency, LTC, can be mined.
Litecoin entered 2023 in a mellow mood, rising over 30% and showing a subtle climb in the weekly charts. The second-oldest crypto is known for its reliability in the market. At the time of writing this article, Litecoin is ranked 14 with a market capitalization of $7,187,370,377, and the value of LTC hovers around the $100-mark at $99.52.
Big Eyes Coin, The First Cat to The Moon
That’s right. Big Eyes Coin (BIG) is the latest meme coin in crypto space that is skyrocketing toward the moon with their huge presale of over $23.7 million, which is in its tenth stage and almost at its conclusion. Since this crypto has a cat mascot, it will genuinely be the first cat to reach the MEOW-oon.
Big Eyes Coin is based on the Ethereum network, much like many other altcoins, and provides great utility and use cases alongside a means to help improve the environment of our planet. 5% of the total supply of Big Eyes Coin will be donated to marine charities for protection measures.
If you’re looking for a thrilling meme coin with promising potential and loads of fun and entertainment, Big Eyes Coin is for you. If you’re looking to help improve the environment for a sustainable future, Big Eyes is FOR YOU.
As previously mentioned, Big Eyes Coin’s presale has surpassed $23.7 million. Soon, it will all be over. For the icing on the cake, Big Eyes Coin is currently providing an additional 200% bonus on total purchases. All you gotta do is use the code LAUNCHBIGEYES200 to avail this soon-ending opportunity. The time has come for you to purchase Big Eyes Coins!
For All Things Big Eyes Coin (BIG)
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
*This article was paid for. Cryptonomist did not write the article or test the platform.
