DeFi -Decentralized Finance on dark blue abstract polygonal background. Concept of blockchain, decentralized financial system.
Big Eyes (BIG) coin price has started to show some greenery after a disappointing price action after its Uniswap listing. The coin was launched on the pioneering decentralized exchange on 15th June. The latest analysis reveals that the ongoing bounce may turn out to be a dead cat bounce.
Most cryptocurrencies are trading sideways on Monday as the BTC price is trading around $26,500. The ongoing bearishness in the market might have affected the launch of Big Eyes coin, which is trading at $0.000017. The latest analysis shows that the hyped crypto may drop more if it doesn’t break above its presale price soon.
In the last 24 hrs, Big Eyes price has shown a very strong bounce. BIG crypto price chart depicts a 69% pump today. While the price has shown a strong rebound from the recent lows, it is still trading almost 90% below its presale price.
At the very first stage, the Big Eyes coin price was $0.0001, which increased at every subsequent stage. The 15th stage was priced at $0.0006, a 500% increase from the initial presale price. Quite disappointingly, the price has plummeted 60% below the stage 1 presale price in less than 24 hrs after its Uniswap launch.
It is very difficult to predict the price action of meme coins like Big Eyes (BIG). It is even more difficult to differentiate the scams. Just like most other meme coins, the team behind the project is unknown. While this may appear suspicious, still many such meme coins with anonymous teams like PEPE have performed well in this industry.
It goes without saying that BIG Eyes price coin prediction is looking very bearish after a failed launch. The coin has failed to attract any new investors since its listing. This has made it tough for the presale investors to get rid of their bags. Only some great fundamental news can save the coin from an imminent collapse.
In the meantime, you are also welcome to follow me on Twitter to keep track of my personal trades and the upcoming 1000x Gems.
This post was last modified on Jun 19, 2023, 13:46 BST 13:46