Bitcoin And Ethereum Are Prepared For The Shanghai Upgrade … – Analytics Insight
Investors are closely monitoring the cryptocurrency market as the Big Eyes Coin (BIG) presale nears its end. The recent announcement of Ethereums Shanghai Upgrade, anticipated to bring major changes to the platform, has led to a slight rise in the prices of both Ethereum and Bitcoin (BTC). Despite fluctuations in the market, the Big Eyes Coin project remains in the spotlight, with investors showing enthusiasm to witness its development, particularly upon the tokens launch on an exchange.
The team responsible for Big Eyes Coin has announced that the presale will conclude on June 3rd. The impressive success of the digital asset has made history by raising over $33 million, making it the biggest meme coin presale to date. This accomplishment indicates a growing interest in meme-inspired cryptocurrencies and emphasizes their potential to attract significant investment and support from the crypto community.
To reward its investors, the digital asset is offering a 250% bonus to those who use the code BULLRUN250 as the presale comes to an end. The project has also initiated a promotional campaign with Loot Boxes, which offers users a chance to win a prize worth the same or more than what they paid to open the box. These promotions are aimed at attracting more investors and building a strong community around the Big Eyes Coin project while also recognizing those who have already supported it.
Big Eyes Coin is dedicated to social responsibility and sustainability by setting aside 5% of its total supply to support ocean conservation efforts. This action distinguishes Big Eyes Coin from other meme-inspired coins and demonstrates the projects goal of making a positive impact on the world.
This week, the Ethereum blockchain networks impending update prompted a continuation of the upward trend for Bitcoin and other cryptocurrencies.
Bitcoins value experienced a 1% increase in the past 24 hours, bringing it close to the highest levels observed since last summer, but still below the brief peak of nearly $29,500 achieved last week with a current value of approximately $28,550.
While Bitcoins value has grown by over 70% this year, resulting in speculation of a new bull market, recent trading has been marked by price stagnation and volatile fluctuations.
With the Ethereum Shanghai and Capella upgrades scheduled for April 12th, all eyes are on ETH with just one week remaining until the event. Crypto analysts are optimistic about this upgrade as it has the potential to enhance transaction efficiency on the Ethereum blockchain.
Despite the regulatory actions and rumors circulating against exchanges, Ethereum showed its strength by reaching a seven-month high of $1,922 on April 5th, solidifying its position as the second-largest cryptocurrency by market capitalization.
Some analysts believe that Ethers ability to exceed resistance levels suggests a potential price target of $3,000 in Q2 2023. Analytics provider Santiment reports that whale accumulation remained strong in March, increasing by 0.5%.
As for investment options, while the upcoming upgrades to Bitcoin and Ethereums blockchain networks are driving their respective price surges, its essential to note that Big Eyes Coin is also a promising option, considering its launch date is quickly approaching.
With the presale already raising over $33 million, the code BULLRUN250 providing investors a 250% bonus, and the coins commitment to allocating 5% of its total supply to ocean conservation, Big Eyes Coin has already shown remarkable potential in the crypto market.
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
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Bitcoin And Ethereum Are Prepared For The Shanghai Upgrade ... - Analytics Insight
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