The crypto industry has faced a lot of challenges this year, with big crypto coins declining in price due to the issues surrounding Silvergate, as well as the U.S. stepping in the rules and regulations regarding crypto. Hence, people ask: is it the best time to invest in Polygon (MATIC), Solana (SOL), and the rising meme coin Big Eyes Coin (BIG)?
Polygon Might Turn the Tables
Pseudonymous crypto analyst Kaleo tweeted that Polygon’s price is possible for a reversal. According to Kaleo, the coin had a 20% drop a few weeks ago, but based on the trader’s chat, MATIC might decrease by $1 before a reverse in the trend is seen, rallying up to about $1.70.
The coin had lower time frames, which implies that Polygon is most likely on its way to taking out its diagonal resistance. According to Kaleo, diagonal breaks usually result in major impulse moves for every leg higher during the uptrend.
MATIC is currently valued at $0.9834, with a price decline of 16.28% in the past seven days.
Solana Plausible for an Upward Trend
Solana has had a chainsaw movement ever since 2023 started, which created a structure of the range-bound movement. The consolidation phase was stuck between $26.8 and $20 levels before plunging back to $20. SOL holders wait for the price to bounce back again or, worse, face a prolonged correction.
The digital asset’s price showed a V-top reversal from $26.8 before taking a nosedive of 24% to $20 support.
Nevertheless, this downfall was related to the volume activity’s steady decline, meaning there was weak commitment among sellers.
The low-volume downfall means there is a huge possibility of the price increasing again. Short-term investors can take advantage of the short bullish upswing, but Solana’s price will still depend on the range breakout.
Big Eyes Coin Presale Advances Amidst Crypto Market Dip
While the whole crypto world gets disturbed with negative news about Silvergate and the big coins decreasing in price, Big Eyes Coin is undeterred, with its presale progressing with no signs of slowing down!
The coin is already in presale Stage 12, with over $31 million raised! This means the digital asset is almost done with Stage 12. The tokens are selling super fast, so investors would want to invest early on in the game before the coin launches on an exchange.
Recently, the coin launched the Vault Pin feature, where investors can type in 819 when buying BIG and win free Loot Boxes. The catch is that they should spend over $100 in purchasing tokens. Moreover, the more they spend, the bigger the Loot Box they get.
For instance, spending $100 in purchasing coins gives investors a free Saver Tin, which allows one to win up to $1000 worth of BIG. Meanwhile, spending $1000 allows you to receive a free Cute Box, where players could win up to $10,000 worth of BIG!
Moreover, the Vault Pin works within each threshold. For instance, if an investor spends $200, they will receive two Saver Tins. If they spend $1,100 on BIG tokens, they will get a free Cute Box and a Savers Tin.
Big Eyes has taken all the steps to make sure that the project is 100% secure and fully audited.
There are many tokens out there, but it is important that buyers do their due diligence before purchasing any coins. Big Eyes Coin is still in its presale, but this token looks promising. Buying BIG is also one of the best ways investors can avoid market volatility caused by Silvergate’s bankruptcy as well as other macroeconomic factors. If you want to know more about Big Eyes Coin, visit them on their official website and social media.
Big Eyes Coin (BIG):
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 Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
