The post Breaking Free: Big Eyes Ready To Launch As Market Closes In On Others appeared first on Coinpedia Fintech News
While this year has observed the recovery of the crypto market, some Cryptocurrencies are yet to break free. While Binance has remained in proximity of a strong resistance zone, Monero is caught under the burden of the trading volume. Meanwhile, the brand new Big Eyes Coin is ready to launch, but not before giving users one more chance to make the most of one of their paw-some offers. Read on to know it all!
Will Binance Break Through?
Binance Coin (BNB) has been trying to break away from a resistance zone at the $320 mark this past week. The native token of the world’s largest DEX has seen dips throughout the week, and signs of a bearish trend were evident since the bulls struggled to retain composure. Data from crypto news website newsbtc.com points towards a bearish line forming near the $333 mark.
BNB needs to make it past the $335 resistance zone to trigger bullish moves. If it fails to do so, it will fall to the $320 support level.
Monero Caught Between Trading Volumes
Monero (XMR) is an open-source cryptocurrency that was introduced in 2014. Monero highly values user privacy, hence details like the identity of users and the amount of money involved remain hidden. This is also true with transaction history, a feature that is unavailable even on Bitcoin’s blockchain. This allows users to keep their held units free from being blacklisted or refused.
At the time of writing, XMR is trading at $156.15, which is about 149% more than its lowest price and about 64% lower than its highest price in the past year. Whereas weekly data from Investors Observer shows low trading volume in the past week.
Big Eyes Coin: The Cat Is Out Of The Bag!
After having run a presale that broke Ethereum’s record, DeFi Memecoin Big Eyes (BIG) has recently confirmed their launch date: June 15th! This comes with an update in their roadmap: their very own Casino! But that’s not all.
A presale that not only brought together a passionate and fun-loving community with its attractive features and contests but also raised an impressive $35.55 Million that cannot end without a bang! For a very limited time, users may use the Double Up feature to double their wallet holdings for only 25% of their deposits!
Aside from that, there is also the offer that allows users to use code END 300 to win a bonus of 300% on the purchase of BIG tokens as well as their Lootboxes. If you’re wondering what those are, they’re just packages you can buy to win rewards that are always worth equal to or more than the price you paid. How often do we even get something with no risk and guaranteed returns in crypto? Worth a shot, right?
The Crypto market is not short of breakthroughs, or technically, breakouts, and most AltCoins are required to make it through difficult areas to be able to display a sustained upward trend. Oftentimes such trends are only subject to market volatility and are thus unpredictable. This has been the case with Binance Coin, currently struggling to break free from a crucial resistance zone. The focus on utility is what attracts investors, and with Monero’s focus on safety, it can surely provide some assurance to its users. However, the non-traceability of transactions also means assets can be used for unethical or immoral reasons. On the other hand, Big Eyes Coin focuses on utility, community-building as well as rewards, making it a win-win situation for its users. This makes it a contender in crypto, and a memecoin that is here to stay.
Find out more about Big Eyes Coin (BIG):
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