For crypto watchers, the past few days were filled with gloom. The market dived after being up for most of March and April. Most of the market is seeing selling pressure, and the market is in a bearish grip at the moment. The Uniswap network (UNI) and Leo Token (UNUS SED LEO) have been networks plagued by underperformance for long. But the two networks are fighting and trying to hold off the bears. As the market trends downward, crypto investors seem to have found a bright spot in Big Eyes Coin (BIG). The Big Eyes presale has brought in more than $35 million and is still going strong. The meme coin could prove a way out of the current gloom in the market.
Uniswap Tries to Hold off Bears as Sell Pressure Increases
Uniswap network is now trading at $5.25, and the network has seen its trading volume drop by 26.90%. The network’s market cap has dropped 2.05% to $3.03 billion. But the price decline on the network is comparatively mild this week, and the network is trying hard to regain price stability. UNI began April with a value above the $6 mark but has since fallen to $5 levels, now seeing sideways movement.
The Uniswap network was created in 2018 as an open-source decentralised exchange. The network uses smart contracts to execute token trades and has benefitted hugely from the push for DeFi. The exchange is the largest DEX by trading volume and is the preferred destination for coin launches.
Is Leo Token on the Up?
Leo Token is the utility token in the Bitfinex network, and the token’s value is on an upswing this week. The token is trading at $3.64 on May 3, a climb of 1% from the previous day. The token’s value has risen by 4.41% in the past 7 days. The token has a market cap of over $3.4 billion.
Leo Token was developed by the iFinex network to recoup the $1 billion the network lost when US authorities shut down Crypto Capital. The token has since been used to reduce trading fees, achieve increased spending limits and faster withdrawals on the Bitfinex platform.
Big Eyes Coin Shines Bright in a Gloomy Crypto Market
Big Eyes Coin has emerged as a bright spot in the crypto world as the token has mopped up over $35 million in its presale. The presale is the largest in recent history and underscores investor’s confidence in the project. Big Eyes is a full-on community network with its community at the centre of the Big Eyes project.
Big Eyes stands out from the rest of the meme coins with its focus on building a DeFi ecosystem. The cat-themed token has stated that its express goal is to transfer wealth from the traditional financial system to the DeFi ecosystem. Big Eyes have released NFT cards as a first step in building its ecosystem. Buyers can mint BIG NFTs and trade them on Opensea. The team has announced that it will wind up the presale on June 3rd. The team has released the END300 promo code to celebrate the end of the presale. The END300 code will get buyers a 300% bonus of BIG tokens on their purchases.
Big Eyes places high value on commitment towards fighting climate change. The project has stated that working with ocean protection charities is one of its core goals. The team has also pledged 5% of its total liquidity to donate to charities, and the Big Eyes community can decide the projects to which the network donates to.
The Tail End
As the crypto market stares at correction territory, the onus is on investors to make prudent moves and minimise risk, as the recent history of Uniswap and Leo Token can illustrate. On the other hand, Big Eyes Coin has momentum as it heads for launch on June 15th. The token could potentially have a bright future as the utility coin of a sprawling network.
So, hesitate no more and join the Big Eyes presale to be a part of the network that can lead the meme coin space. Don’t forget to use the END300 code at checkout.
For More on Big Eyes Coin (BIG):
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Opensea: https://opensea.io/collection/big-eyes-lootbox-cards
Twitter: https://twitter.com/BigEyesCoin
Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.
