Bitcoin (BTC) has been a subject of discussion in the financial realm due to its unpredictable price fluctuations and rapid expansion. In April 2021, the digital currency hit a record high of almost $65,000, but it has since undergone a substantial decline. As a result, several investors are curious if Bitcoin can attain the $30,000 mark shortly. Consequently, what implications could this have for meme coins, such as Big Eyes Coin (BIG)? Read on to discover more!
Bitcoin’s Volatility
Taking into account the present market cycle is a crucial aspect to consider. Bitcoin (BTC), like numerous other assets, goes through cycles of growth. However, it’s noteworthy that historically, Bitcoin has illustrated the capacity to recover from pullbacks and initiate new growth phases. Therefore, there is a possibility that Bitcoin could attain the $30,000 mark in the future. Another factor to contemplate is the altcoin season. Altcoins are alternative cryptocurrencies to Bitcoin that investors opt for if they want to invest in a different digital asset. During an altcoin season, these cryptocurrencies undergo substantial price surges, often at the cost of Bitcoin’s price. However, when the altcoin season concludes, investors frequently move back to Bitcoin, which can result in price increases.
Moreover, the influence of meme coins on Bitcoin’s price should also be considered. Meme coins are cryptocurrencies that are usually created as a joke or based on a viral meme. Although these coins may not hold much intrinsic value, they can have a significant impact on the wider cryptocurrency market, including Bitcoin. If meme coins undergo significant price hikes, it could lead to heightened interest in the cryptocurrency market as a whole, which could boost the demand for Bitcoin and potentially push its price higher.
Big Eyes Coin: A Crypto That Has The Potential To Go Massive
Big Eyes Coin (BIG) prioritizes eco-friendliness as a sustainable cryptocurrency by using the proof-of-stake (PoS) consensus mechanism, which considerably diminishes its carbon footprint and energy usage in contrast to traditional mining methods. Apart from its dedication to sustainability, Big Eyes contributes a generous 5% of its assets to ocean charities, allowing investors to support a worthy cause while investing in a cryptocurrency that matches their values. Big Eyes are also launching an exclusive collection of NFTs that exhibit adorable cats. The Big Eyes NFT Sushi Crew is geared toward cat and fish enthusiasts, and investors can obtain early access to forthcoming events and product releases.
Since its presale launch, Big Eyes has garnered significant investor attention, accumulating an impressive $33 million to date. With its exceptional characteristics, support of noble causes, and captivating NFTs, Big Eyes is on the brink of significant triumph. Investors looking to capitalize on this opportunity should act quickly, as the presale concludes on June 3rd. Utilizing the exclusive bonus code ‘BULLRUN250’, investors can receive an additional 250% bonus, enhancing the benefits of their investment in Big Eyes.
The Last Thought
Although it is challenging to make precise predictions regarding Bitcoin’s (BTC) price, several factors indicate that it could potentially reach $30,000 in the future. These factors encompass the probability of a new growth phase in the market cycle, the conclusion of an altcoin season, and the influence of meme coins on the overall cryptocurrency market.
Big Eyes Coin presents a promising addition to the realm of sustainable cryptocurrencies. It emphasizes eco-friendliness and charitable ventures, allowing investors to invest in a cryptocurrency that aligns with their principles while supporting a deserving cause.
For more on Big Eyes Coin, check out the links below:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
