Among the numerous meme coins gaining traction in 2023, two notable contenders are Big Eyes Coin (BIG) and Caged Beasts (BEASTS). Both Big Eyes Coin and Caged Beasts exemplify the innovative potential that meme coins bring to the crypto industry, attracting the interest of investors and enthusiasts alike.
Furthermore, Solana, a highly regarded blockchain platform, represents the broader altcoin market in this article, showcasing its relevance and prominence in the crypto world.
Big Eyes Coin Sets the Crypto World Abuzz with a $45 Million Presale
Big Eyes Coin has ignited a frenzy in the cryptocurrency realm, amassing an astounding $45 million during its presale extravaganza. With the presale deadline of June 3rd swiftly approaching, the team is leaving no stone unturned in their meticulous preparations for the highly anticipated launch of $BIG on a prominent centralized exchange (CEX). While whispers reverberate throughout the crypto community, tantalizing speculation hints at potential listings on renowned platforms like Binance, Kucoin, and OKX.
Unfolding over a thrilling six-month timeline, Big Eyes Coin’s exchange roadmap promises an exhilarating ride, with its sights set on conquering multiple platforms, including Gate.io, Bitget, BKEX, MEXC, and many other exciting venues. This audacious plan demonstrates the unwavering determination of the team, compelling investors to join the fray and seize the moment before the grand unveiling.
But Big Eyes Coin’s ambitions don’t stop at dominating the crypto scene. No, they are venturing into the captivating non-fungible tokens (NFTs) world. Beholding the birth of their exclusive NFT collection, the legendary SushiCrew.
Caged Beasts Roar into Action, Breaking the Chains of Conventional Finance!
Caged Beasts introduce a beautiful metaphor of “Caged Beasts” to represent the “Caged Liquidity” notion, distinguishing it from its peers in community tokens. Caged Beasts intend to go beyond primary liquidity and start on a critical mission to alter the banking sector through decentralization, freeing individuals from the chains of confinement.
With a commendable dedication to the cause, 75% of the funds are committed to liquidity, adopting a decentralized system that empowers the community at its heart.
Caged Beasts’ roadmap consists of three stages: Plot, Presale, and Release. The Plot stage involves building solid social channels, creating an attractive website, conducting token audits, verifying KYC checks, and ensuring locked wallet integrity. The Presale stage consists in launching a captivating website, PR activities, NFTs, and philanthropy.
The Release stage is crucial for securing a reputable exchange listing, conducting final testing, hosting awareness events, releasing tokens, and fostering a thriving ecosystem.
Solana’s Price Downturn Threatens Rebound and DeFi TVL
Solana has drawn attention due to its excellent scalability and low transaction costs, making it a platform intended to handle massive quantities of transactions at quick speeds. As a decentralized ecosystem, Solana provides a solid foundation for thriving ventures like Caged Beasts.
Solana has established itself as a powerful competitor in cryptocurrency because of its emphasis on developer-friendly tools and the capacity to execute sophisticated smart contracts. However, even for Solana, the journey isn’t always smooth sailing.
Unfortunately, Solana experienced a downturn as its price fell below the crucial $30 threshold, leading to three consecutive days of red candlesticks on its chart and further signaling a decline in its trajectory. Solana’s price dropped below $28, with sellers having a significant advantage.
If downward pressure persists, it may find support around $26.3, potentially pushing it lower to $24. Solana is expected to recover and prepare for an upward rally between $27 and $29. However, slower progress may be due to a decline in Total Value Locked in Decentralized Finance and a bearish streak, potentially limiting its potential for a bullish rally.
Final Thoughts
Big Eyes Coin and Caged Beasts are meme coins with significant investment and impact on the crypto industry. However, Solana faces challenges with a price downturn and potential limitations in its rebound. Despite its strong foundation and developer-friendly tools, the future remains uncertain, but signs of hope for recovery.
As the presale deadline for Big Eyes Coin approaches, investors are urged to seize the opportunity before it launches on a prominent exchange. Meanwhile, those interested in Caged Beasts can sign up for updates and secure a spot in their upcoming presale. These limited-time opportunities have the potential to reshape one’s crypto journey, so take advantage of them.
Caged Beasts
Website: https://cagedbeasts.com
Twitter: https://twitter.com/CAGED_BEASTS
Telegram: https://t.me/CAGEDBEASTS
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