It has only been 3 months since 2023 started and the world has already witnessed several banking failures. Remember the recent crash of Silicon Valley Bank? This was one of the most fatal crashes in the history of centralised banking since 2008. Acting like a domino effect, the SVB crash caused the fall of Signature bank as well.
This is not the first time that banking scams have come to light. Does this spell the start of an end to the centralised banking system? Is now the best time to start your investment journey in crypto by parking your money in promising projects like Big Eyes and Bitcoin?
Dissecting The Storm In The World Of Finance: What Is Going On?
Startups around the world are facing an investment crunch. This is due to the stricter monetary policies that are laid out by the central banks of various countries, especially the US. This bottleneck in funds required startups around the world to withdraw their funds to continue their operations. However, little did they know that SVB does not have the reserve to facilitate everybody’s requests. Adding fuel to the fire, about $175 billion were uninsured!
The SVB crash caused panic in the market due to which depositors ran to claim their money from the Signature bank. However, the SVB story repeated there as well – the bank did not have the required sum of money to release. Hence, Signature bank fell too.
If you zoom out, you’d find that banking frauds and failures have become more and more common in recent years. If this continues, will you still be able to completely trust the centralised banking system? Is this an indication to switch up your financial life and go from centralised banking system to a more technologically advanced and decentralised cryptosystem? Many believe that it is.
Failure Of Centralised Banking: Indication To Park Your Money In Big Promises Like Big Eyes, Bitcoin?
What do you do when the centralised banking system falls apart? You go to the next big thing – crypto. However, crypto as an industry is still in the process of maturing. Hence, you need to choose your investments wisely, even in crypto. Are Big Eyes and Bitcoin a good choice of investment?
Big Eyes Coins: The Most Promising Upcoming Crypto Project
Big Eyes have seen one of the most successful presales in the history of crypto presales! They are dominating the market! The project has already raised $32.52 million in presales and is showing no signs of slowing down! The Big Eyes project is audited and hence is completely trustable and investor-friendly. As a matter of fact, they are so dedicated to providing value to investors that they have decided to lock their supply of BIG tokens for 2 years after launch. However, they are still going to market their project and do everything they can to increase demand. A perfect strategy for increasing their value!
Moreover, the vision of the team behind the Big Eyes project is clear. They are launching their first NFT collection and plan to launch more along the way! You can check out their NFT collection by clicking here.
These NFTs can be purchased from their loot boxes. Loot boxes are a unique offering of Big Eyes coins that help you win prizes that are worth 250% more than the original buying price of the loot box. Moreover, you also get to enjoy a 250% bonus on subscribing to their presales. All you have to do is use the promo code Bullrun250 when you purchase BIG tokens from their website.
Bitcoin: The King Of All Cryptos
Bitcoin rose to fame in 2013 and soared through the roof in 2018. There has never been a chance to look back ever since. An increasing number of vendors are accepting payments in Bitcoins. Yes, Bitcoin is quite volatile. However, they are never going to zero. The crypto winter has proved that to all of us. Hence, it is also viewed as a hedge against the collapse of the fiat system.
The world is quickly adopting crypto. It won’t be long before it is as common and widely used as fiat currencies are. Adopters seem to always be rewarded. Hence, this is the right time to invest in priming cryptos like Big Eyes and Bitcoin!
Join the cutest takeover of the crypto market with Big Eyes Coin and get your Loot Box today:
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.
