2022 was an unstable year for the cryptocurrency industry due to a prolonged bear market and high-profile breakdowns of a handful of the most vital players in the field, including FTX and Terra. Venture Capital (VC) investors funded cryptocurrency startups even in the face of setbacks.
The European crypto resisted the bearish trends and observed record-high funding. With 3,977 startups, Europe has the most crypto startups overall, according to the headquarters. Regrettably, it freezes behind the US regarding the number of startups valued at over $1 billion with over $1 million in funding.
US-based popular cryptocurrencies like Dogecoin and Shiba Inu are hoping for an uplift from Elon Musk’s backing. Initially from Washington DC, Big Eyes Coin sets the benchmark through its Bull Run in presale events.
European Crypto Market Shows Stronger Growth
In 2022, VC investment in European-based cryptocurrency startups attained an all-time high with $5.7 billion invested, up 120% from the $534 million invested last year, as the European investment firm Rockaway X reported. However, when more than $5.7 billion in venture funding was raised, international and US venture funding declined.
The Digital Currency Group, Coinbase, Animoca Brands, and Blockchain Capital are some of the leading international investors in European startup companies. Financial services account for more than 52% of all European startup investments, followed by infrastructure and Web 3 at 32% and 16%, respectively.
Shiba Inu and Dogecoin Expect Musk’s Support
With a 7-day low of $0.07515 and a weekly downward movement of 1.02%, Dogecoin (DOGE) has been trading on a bearish note over the past few weeks. During the same time, the price of Shiba Inu (SHIB), a cryptocurrency similar to Dogecoin, has been trading near a red line. Shiba Inu (SHIB) has been losing value since reaching a 30-day high of $0.00001093, corresponding to a weekly loss of 2.28%. Currently, the stock is trading at $0.00001069.
Moreover, Elon Musk’s tweets favoring DOGE and SHIB have contributed significantly to their popularity and price gain in the past. Dogecoin is one of the most popular cryptocurrencies, an example of other meme coins. With Elon Musk’s support, both meme coins anticipate price increases and increased popularity because of his tweets and memes’ sway.
Big Eyes Coin Is On Bull Run With Its 250% ROI
Big Eyes Coin (BIG) has generated a lot of buzz with its historic presale numbers. This adorable feline crypto is footing it up by introducing a 250% bonus for early token buyers. BIG has raised $32.53 million to date, which is getting close to its $50 million goal. This presale participation is at an all-time high, surpassing Ethereum and Filecoin.
The newest introduction of loot boxes, rewards, and promotional codes has greatly influenced the success of its presale. The coin’s development team is committed to giving all investors a fair probability of financial success. BIG focuses on routinely giving back to the community with the goal of wealth creation to accomplish this.
Investors can earn higher yields with BIG tokens from the four newly introduced loot boxes without risking capital loss. Buyers of BIG or loot boxes now have access to a fantastic bonus promotion that will grant the users 250% rewards worth $BIG using a limited-time bonus BULLRUN250.
Making a difference for the environment is another priority of Big Eyes Coin. To support charities that work to protect the oceans, they pledge to consider donating 5% of total token sales. All features considered, the Big Eyes Coin team is dedicated to ensuring that their community is well-taken care of and a valuable community token in the crypto world.
Final Words on Big Eyes Coin
Regulations, the accessibility of exchanges, and investor sentiment are just a few things to consider when considering the cryptocurrency markets in Europe and the US. Both Europe and the US markets present different opportunities and challenges. Being well-known meme coins, Dogecoin and Shiba Inu has room to grow.
By providing incentives like lower transaction fees and tax deductions when using the token to purchase goods and services, Big Eyes Coin focusing on community development encourages token holders to continue investing in the project.
For more information on Big Eyes Coin (BIG):
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Twitter: https://twitter.com/BigEyesCoin
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.