Last Year the crypto market was hit hard. Unfortunately, many things impacted the market negatively. The market already had a hard time after news of the war between Ukraine and Russia broke. Real-world events often affect currency, and cryptocurrency is not immune to this. The news of the war caused havoc in the market in early 2022. This was then followed by the first significant crypto crash caused by Terra Luna.
When things appeared to be on the mend, FTX, one of the world’s leading crypto exchange sites, declared bankruptcy. This caused Binance, another huge player in crypto exchange, to pull out of a deal where they were set to acquire FTX. Put together, and this caused many investors to withdraw their money from FTX. This mass withdrawal also caused issues for the crypto market, plummeting the value of all cryptocurrencies with it.
Many cryptocurrencies are still trying hard to return to where they were pre-2022. This has not been easy. However, Cardano (ADA) has seen a considerable rise at the start of January 2023. Presale meme coin Big Eyes Coin (BIG), which was protected from the crash, along with Cardano (ADA), is definitely going to be the crypto to watch for 2023.
Cardano – Starting 2023 On The Rise
By market cap, Cardano (ADA) is one of the most valuable cryptocurrencies. It is intended to be a next-generation development of Ethereum’s fundamental idea, with a blockchain that serves as a flexible, sustainable, and scalable platform for brilliant contract execution. This will enable the creation of a variety of decentralised finance apps, new cryptocurrency tokens, games, and much more.
Cardano’s native currency is ADA which can be purchased from crypto exchanges like Binance and Coinbase. Like Ethereum, Cardano also uses proof-of-stake, which makes it much more environmentally friendly. This could be one of the many reasons Cardano sees a huge spike in market cap at the beginning of 2023. With how things look, Cardano (ADA) and its investors will have a fruitful 2023, so why not join by investing too?
Big Eyes Coin Is Fresh And New!
Big Eyes Coin (BIG) is a fresh, new meme coin that is currently in its presale stage. It has made over $13 million and is set to make more in its following few presale stages. With this much success at such an early stage, it will only get better.
Big Eyes Coin (BIG) has set itself apart from other meme coins by using a cat mascot instead of a dog mascot, like most other meme coins on the market do. As the market is so saturated with dog meme coins, this sets them apart from the competition. The coin is also an ERC-20 token and so uses Ethereum’s proof-of-stake concept making Big Eyes coin more environmentally friendly. To add to this, it has a 5% charity wallet that is dedicated to ocean-saving charities.
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Big Eyes Coin (BIG)