Big Eyes (BIG) coin price has been in a tailspin since its listing. It is one of the newest crypto coins in town. After a lengthy presale process, the coin was finally listed on Uniswap on June 15. However, the price action of Big Eyes crypto has been quite disappointing so far.
Most cryptocurrencies are trading sideways on Friday as the BTC price is trading around $25,500. The ongoing bearishness in the market might have something to do with the troubled launch of the Big Eyes coin, which is trading at $0.00004. The latest analysis shows that the hyped crypto may drop more if it doesn’t break above its presale price soon.
Big Eyes (BIG) crypto aims to be a DeFi ecosystem generating utility for the BIG crypto and raising funds for saving oceans. As per the reports, the project’s presale consisted of 15 stages which ended on 3rd June 2023. The presale price was different for each stage.
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.
BIG Eyes coin price prediction is looking very bearish as the presale investors are rushing to cash out their investments. This was after their investments failed to give any returns on the listing day. This also suggests that the meme coin season 2023, which started in April, appears to have finally ended.
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This post was last modified on %s = human-readable time difference 15:59