Shiba Inu, Binance USD Resurgent As Big Eyes Coin Exceeds $27 Million
All the major top crypto tokens were trading with big gains on Wednesday after a rather bearish past couple of days. The global cryptocurrency market cap was trading upwards of the $1.02 trillion mark, gaining more than 2% in the last trading 24 hours. However, the total trading volumes remained somewhat flat, rising merely 3%, closing to $57.90 billion.
Increased SEC pressure and regulation of the crypto market, such as the scrutiny of stablecoin, could lead to further volatility and uncertainty in the market, argues Sathvik Vishwanath, Co-Founder & CEO at Unocoin. So, here is a recap of how Shiba Inu, Binance USD, and Big Eyes Coin fared Wednesday afternoon.
SHIBA Spikes After ‘New Twitter CEO’ Unveiling
A dog was sarcastically announced as Twitter's new CEO by Elon Musk, who is still looking for a replacement, which caused Shiba Inu prices to rise. SHIBA's price increased significantly at the time of publication, rising by 4.22%.
Musk said, "The new CEO of Twitter is great," and posted a picture of a Shiba Inu dog seated behind a desk sporting a black jumper bearing the words "CEO." A Twitter contract with the title "Chief Executive Officer," the name "Floki," and a signature in the shape of a paw print lies on the desk.
Binance USD Gains, Despite
Binance USD holders got up to some cheering news Wednesday morning when BUSD went up by about 0.04% after enduring days of poor performance following a series of unpalatable news.
Paxos, a stablecoin provider, was being targeted by regulators. In compliance with recent directives from the New York State Department of Financial Services, the cryptocurrency business declared that it would cease producing new Binance USD (BUSD) coins as of February 21, 2022. This added salt to Binance USD’s injury and became the catalyst for more sloppy performance in the cryptocurrency market
Cryptocurrencies known as stablecoins are intended to maintain parity with specific government-issued currencies, such as the US dollar. BUSD is now the third-largest stablecoin in the cryptocurrency market, behind Circle's USDC and Tether's USDT, with a market valuation of $15.9 billion.
Big Eyes Coin: Crating A Buzz With Incredible Presale
Big Eyes Coin ($BIG) has been making the rounds and catching several headlines lately due to its breath-taking performance at the presale. The meme coin has lived up to expectations and has proven that experts’ predictions about it were not just hype.
As it gets ready to launch in no distant time, $BIG has added to its presale, raising over USD 27 million. This is in no sense a mere feat, as the cat-themed coin has surpassed the expectations of many. It also recently announced a 200% launch bonus which guarantees investors triple their investment when they buy the Big Eyes Coin. However, this launch offer will be ending on the 20th of February, 2023.
Investors are hereby encouraged to make the most of the little time remaining to benefit from this unique opportunity to grow with a hugely promising token that has come to make a world of positive impact. To participate and take advantage of this 200% launch bonus offer, use this dedicated promo code: "LAUNCHBIGEYES200". Big Eyes Coin is here to obstruct the trajectory of cryptocurrency investment. It guarantees amazing profit chances!
Find out more about Big Eyes Coin (BIG):
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL