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Crypto News Today: Big Eyes Coin Prevails In The Market, OKX Faces Some Issues

 1 year ago
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Crypto News Today: Big Eyes Coin Prevails In The Market, OKX Faces Some Issues

January 15, 2023
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The cryptocurrency market has been much more brutal in the past few weeks, and users have been frantically concerned about the best places in the crypto market. Some users have even decided to stay away from the cryptocurrency market altogether. It has stunted the growth of emerging and existing projects, and the landscape is patiently waiting for a spark to reignite users’ interest in trading in the cryptocurrency market.

Big Eyes Coin (BIG) has had a very good presale so far, raising $1 million in the first week of presale and keeping that momentum over seven rounds of the presale. The new memecoin project has raised over $13 million and is not stopping there. Although the momentum has slowed following market irregularities, it is still the most promising new project in the market. It would be smart to continue accumulating the token at this price.

In other news, OKX is having issues with its cloud providers, and most of the platform’s service is on pause until the issue is fixed. This is one of the worst times to have issues resulting in pausing withdrawals for a crypto exchange. The exchange landscape is under intense scrutiny, and Binance has felt the heat recently. The exchange said they were resolving an equipment failure in HK Zone C while using Alibaba Cloud. The cloud provider has reportedly been contacted by OKX developers, who have already requested a speedy resolution to the problem.

Although withdrawals have resumed for some tokens, OKB, the network’s native token, has suffered some value loss following the incident.

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OKB is the native token for the OKX crypto exchange. It serves as a utility token that offers users of the OKX exchange several benefits. Depending on the number of OKB tokens owned, OKX traders can access token offers, enjoy discounts, and get interest on their funds. The “Buy-Back & Burn” mechanism, which destroys millions of dollars worth of OKB tokens every quarter, makes OKB a deflationary token while simultaneously adding value to holders.

OKX has been a leading platform since its introduction as a spinoff of the original OKCoin platform in 2017. OKCoin is now focused on fiat-to-crypto exchanges, while OKX specializes in cryptocurrency trading. According to data from CoinMarketCap, OKX is a top ten crypto exchange with a decent trust score and daily trading volume running into hundreds of millions of dollars.

Big Eyes Coin (BIG)

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Big Eyes is a new memecoin project launching on Ethereum that has had a dream presale. The launch is one of the most anticipated events in the market because it promises some amazing returns for investors. Big Eyes aims to leverage the Ethereum blockchain to build a strong memecoin community that provides value to the larger ecosystem and helps its holders create wealth.

Big Eyes’ utilities will cut across DeFi, NFTs, gaming, and the metaverse while looking to capitalize on the opportunities available in the DeFi market. The other utilities work together to keep the community fun and alive. Still, DeFi has established itself as the ultimate wealth creation tool over the last few years, especially with Shiba Inu, another Ethereum-based memecoin.

We can see some likeness between Big Eyes Coin (BIG) and Shiba Inu (SHIB); however, Big Eyes uses cat memes instead of dog memes, which the market has grown accustomed to. Even emerging projects use dog memes, which hasn’t been very efficient in pushing growth as you’d expect.

These cat memes bring a unique approach to crypto jokes, and Big Eyes has built a strong community with them. You can still join the presale and participate in a highly promising project.

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

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None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.


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