Dogecoin soared by 150% in the early weeks of November before correcting to lower price percentages. One of the reasons was FTX’s bankruptcy which sent the market into a downward spiral despite rising expectations as the year ran out.
The market reaction to the news of FTX potential collapse forced high “sell pressure” on the market, causing the market to liquidate more than $200 billion worth of assets in less than 48 hours on decrying the news.
Shiba Inu was one of the meme cryptocurrencies to follow Dogecoin’s uptrend at the time. However, with the FTX event, it also steeped by more than 60% later on. These cryptocurrencies have recently shown signals to pump again with the latest events in the crypto market. Big Eyes Coin is set to be the biggest winner of the season.
Dogecoin’s Potential Twitter Integration Could Determine A Good Future
The crypto community is still bent on a potential Twitter-Dogecoin deal after Elon Musk bought the social media giant. The news of the buyout sent Dogecoin soaring by more than 150% in less than a week before correcting to around 90% later.
Twitter Blue is Twitter’s premium service which is now open to users with the blue tick. To keep the blue tick, existing handlers must pay $8, according to the new policy set by the new Twitter boss.
There is a chance that Dogecoin will soar to at least $1 if Twitter chooses the meme coin as one of its primary digital tokens. This will create a use case for Dogecoin and may open doors to more possibilities using the meme token.
Shiba Inu Already Following Up On The Dogecoin Market
Shiba Inu, over the years, has been on the neck of Dogecoin and its community. Its goal has always been to be the number meme coin in the market. It has, however, never caught up with its rival despite powering an expansive ecosystem.
SHIB’s desperate approaches to overthrowing Dogecoin occasionally come to naught when the market begins to dip. Since SHIB is yet to solidify its place on the chart, many other cryptocurrencies, fighting for the top spot have never allowed it to push further in many cases.
Regardless of the outcome, Shiba Inu remains one of the sought-after meme cryptocurrencies in the crypto market due to its community model of powering its ecosystem.
Big Eyes Coin To Become A Role Model For Meme Coins
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Big Eyes Coin started off on a good note. First, its presale has been terrific in figures. Not many meme token ecosystems can boast of Big Eyes Coin’s achievement in its infancy. In fact, raising the number of presale figures has never been the case for many meme cryptocurrencies.
Big Eyes Coin will, like Shiba Inu, power utilities and pursue social causes in due time. Its value is expected to pump upon launch and its community could double, creating more solidarity regardless of market trends.
Use codeBCUTE455 for bonus tokens.
Big Eyes Coin (BIG)
Presale:https://buy.bigeyes.space/
Website:https://bigeyes.space/
Telegram:https://t.me/BIGEYESOFFICIAL
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