Ethereum Sinks Below $1,500 As Tether Extends Gain; Big Eyes Coin Smashes $26m

The recent negative trend in the cryptocurrency market seems to be taking a big toll on major crypto currencies, especially Ethereum (ETH-USD). On the other hand, Tether and Big Eyes Coin investors appear to be smiling to the bank, as both tokens have recorded higher numbers this Monday, unlike most of their peers.

ETH Closer To ‘Earth’ As Free Fall Continues

Ethereum seems to be one of the worst hit crypto currencies, since the start of the February market downturn.Technically, Ethereum is currently trading below the $1,500 mark, for the first time in 2023, selling for as low as $1,484.94 on Monday afternoon. ETH lost by over 3% in the last 24 hours, it has decreased by 8.56% in the past week and has dropped by 3.12% in the last 30 days.

Analysts have however predicted that ETH might even sell around $400 if events keep unfolding in this manner. It would mean that ETH, the second biggest cryptocurrency, might be prone to getting knocked off the second position by a more ambitious token.

Tether: Showing Strength Amid Crypto Instability

Tether (USDT), with its stablecoin market share approaching 50% for the first time since December 2021, is once again consolidating on the cryptocurrency market. The largest stablecoin issuer now has a $68.4 billion circulating supply, an increase of around 3%, after deploying an additional $2.4 billion USDT this year.

The supply of Circle’s offering, USDC, has decreased by more than $3.3 billion so far this year. There is currently $41.2 billion USDC available in the cryptocurrency ecosystem, a 7.5% decrease.

Big Eyes Coin Continues Cinderella Presale

Big Eyes Coin (BIG) has continued to turn heads with one of the biggest presales in recent history. The exciting meme coin has now raised a staggering $25.77 million while still waiting to go live. BIG also recently announced a 200% launch bonus which enables everyone who buys the token to get three times worth their purchase. This means, for instance, every 5,000 dollar purchase gives 15,000 worth of BIG.

Big Eyes Coin (BIG) is a decentralised currency which is nearing its launch onto the retail market. It’s great that cats are now included in the meme category! Big Eyes is a huge supporter of charitable causes and wants to set aside 5% of its assets for charitable donations. After a solid introduction, Big Eyes Coin is now aiming to become a major force in the cryptocurrency market, when it finally launches.

Big Eyes Coin now also exchanges its BIG currency for Bitcoin, BNB, Dogecoin and others, even during the presale. This enables holders of the aforementioned tokens to get the soon-to-be-released BIG without buying in USD.

Investing is good, and investing early is even better. To take advantage of the 200% bonus, use the promo code: “LAUNCHBIGEYES200”. Big Eyes is an investment that ensures excellent returns!