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Heralded by many as the “Champion of Crypto”, Rishi Sunak’s election to the leader of the conservative party and the UK’s third Priminister in a year is good news for cryptocurrencies like Bitcoin (BTC) and Big Eyes Coin (BIG).How is PM Rishi Sunak planning to save the UK economy?
When Rishi Sunak was still the Chancellor of the Exchequer, he was set to lead the UK’s plan to make the UK a global hub for crypto technology and crypto investment. Sunak said he was committed to ensuring the UK financial services industry is up to date and leading innovation within financial services.
Rishi Sunak tweeted on Sunday, “I want to fix our economy, unite our Party and deliver for our country.” Now that Sunak is Priminister, it is definitely likely that crypto technology will be involved in his plans to fix the UK economy.
Previously Rishi has outlined specific crypto development plans for the UK crypto hub, including the introduction and regulation of stablecoins. Stablecoins are a type of cryptocurrency which is pegged to a fiat currency like the US$.
The vision which the UK Government has laid out also includes research into “the transformative benefits of Distributed Ledger Technology (DLT) in UK financial markets”; a system of sharing and synchronising data in a decentralised way. This could lead to the UK financial market becoming more “resilient, efficient, and transparent”.
The Government have explained why they are taking a proactive approach to cryptocurrency introduction and regulation because “it will mean cryptocurrency can be used reliably and safely”.What could Sunak’s crypto plans mean for Bitcoin?
While Rishi Sunak’s crypto-friendly face flies around the internet, inspiring investors to stampede cryptocurrencies en masse, Bitcoin (BTC) is reaping the benefits.
Bitcoin cleared up after the pound fell on September 23rd after Liz Truss’s mini-budget fiasco. Trading volumes between the pound and bitcoin jumped 230% in September compared to August. This was noted as unusual for a developed country’s currency to be traded at such a high volume with Bitcoin.
In light of these atypical trading patterns, Bitcoin has been enjoying a lot of press around its ability to hedge against macro effects more successfully than fiat currencies, gold, and other assets. It appears Bitcoin is poised to reap the rewards of the good press and precedents that Rishi Sunak’s plans for a global crypto hub in the UK will bring.
Rishi Sunak’s plans to stabilise the UK economy and push it to the forefront of fintech innovation is likely to raise the price of Bitcoin as more UK, and global citizens become accustomed to crypto and adopt it as an asset because of its ability to hedge against inflation and recessions.What will Rishi Sunak’s Crypto Plans mean for New Coins like Big Eyes?
Big Eyes, like Bitcoin, also stand to benefit from Rishi Sunak’s plans to create a UK global crypto hub. More exposure, regulation, and adoption can only mean a rise in value for this meme coin as more curious eyes turn towards cryptocurrencies as a serious investment option.Final Thoughts
The current political and economic state of the world leaves much room for drastic change and innovation in line with sustainable values and economic streamlining.
Bitcoin and Big Eyes Coin will likely be a big part of the change that is to come. Bitcoin is demonstrating its ability to provide more secure investment options over fluctuating fiat currencies, inspiring hope for the future of mass adoption. Big Eyes Coin, the rising star, is set to capitalise on the recent election of a crypto-friendly prime minister when it launches to the moon.
The “coronation” and arrival of Rishi Sunak at number ten has definitely cheered crypto fans despite the overwhelmingly depressing state of the world’s economy.
When buying Big Eyes Tokens (BIG) use this promo code: BEYES072For more information on Big Eyes Coin (BIG), please visit the following links:
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In the cryptocurrency world, we’ve seen various digital assets come and go, with some achieving incredible success and others fading into obscurity. Recently, the meme-inspired tokens Dogecoin and Shiba Inu have captured the attention of investors and social media users alike, thanks in part to their cute and quirky branding. Some wonder if another meme-inspired cryptocurrency, Big Eyes Coin, could follow in their footsteps and become the next big thing in the crypto world. In this article, we’ll explore the potential of Big Eyes Coin and what factors could contribute to its success.Big Eyes Coin Geared For Success
Big Eyes Coin has continually shown that it is an amazing meme coin geared for success. From its utility to its tokenomics and roadmap, Big Eyes coin has indicated how it intends to grow in value. Let’s look at its utility.
It’s all too common to hear that meme coins have no utility. Seeing a meme coin with a great use case is a double win. Big Eyes coin is created to help onboard cat lovers into the crypto and DeFi ecosystem. It is bringing in cat lovers, who have long been neglected in the meme world and teaching them about DeFi and NFTs.
As part of its core plans for members, it will set up Sushi Crew, an NFT club for users to get early access to cute cat NFTs. In the Sushi Crew, NFT holders will be incentivized with a part of the taxes generated on NFT sales.
One unique aspect of Big Eyes coin that has set it apart is its tokenomics. Don’t be surprised to learn that there will be no team or developer wallet – only a marketing wallet. Instead of a team wallet, Big Eyes coin has a charity wallet that will hold only 5% of its total token supply. The rest of the token is available to the community from day 1. Plus, no taxes will be charged on buy or sell transactions.
Also, keep in mind that Big Eyes coin is set to help the world be a better place. Hence, the charity wallet will be used for social good.
Over the past weeks, Big Eyes Coin has raised funds in its presale. We’ve also seen the community’s strength with its fast-growing telegram and Twitter community. To be part of this fascinating growth, jump on the presales.The Rise of DogeCoin
Dogecoin is the king of meme coins. It started the meme coin categories and has been at the forefront of meme coin growth. It all started from the Shiba Inu dog meme on the internet in the early Bitcoin days. The meme spread as it was used to ridicule the Bitcoin fall in price. However, smart people in business took it as an opportunity to create a coin. Dogecoin was a fork on Lucky coin, which was also a fork on Litecoin.
Over the years, Dogecoin’s price has soared continually. It has grown to the extent that people started demanding utility. However, for Dogecoin to remain Dogecoin, it needs no utility other than as a tipping coin.Shiba Inu, The DeFi Meme Darling
Shiba Inu capitalized on the Shiba Inu dog meme trend and called itself Shiba Inu. As expected, it brought a wide craze to the meme ecosystem and skyrocketed in price. But it was very different from Dogecoin.
At first, it was purely a meme coin. However, under community duress, it added utility. Shiba Inu was also created under the Ethereum blockchain, so it had smart contracts functionality which Dogecoin lacks. It has also become a renowned DeFi coin as users can swap, stake, lend and borrow Shib tokens. It is also now used as a medium of payment.If you are excited about Big Eyes coin, learn more with these links;
Wall Street Memes Hits 8 Million Price Prediction: Can It Pull The Weight Of Big Eyes Coin, SHIB & PEPE?
Despite major altcoins facing hefty regulations and sinking streaks, meme coins are basking in golden glory, securing millions. Just last week, meme coins celebrated remarkable triumphs. The standout was Wall Street Memes ($WSM), which garnered attention due to its affiliation with the famous Reddit group, WallStreetBets.
Hitting an impressive milestone, the $WSM meme coin raised close to $8 million in its trending presale, a remarkable achievement considering its start, which was just over two weeks ago.
Meanwhile, the recently launched Big Eyes Coin (BIG), a cat-themed meme coin, declared a buyback of $200,000 worth of tokens in a mere 24 hours. However, let’s rewind and revisit the SHIB and PEPE phenomena before diving into these trending meme coins.SHIB And PEPE Mania Subsides
Setting our sights on SHIB, the price chart speaks volumes about the struggle faced by Shiba Inu investors. The community-proclaimed “Dogecoin killer” has been navigating through a slump since mid-April, with the outlook remaining bleak. As of now, SHIB stands at a similar level to the beginning of 2023, effectively erasing all gains.
Turning our attention to PEPE, the situation seems no better. It has lost over half of its token value compared to its all-time high. Any hopes of a resurgence would require a significant loss in value.Wall Street Memes: The Rising Star Of The Wall Street
Wall Street Memes ($WSM), the latest meme coin on the block, is attracting investor interest, and for good reason. This captivating meme token recently held a record-breaking presale, raising almost $8 million in the blink of an eye. Even more exciting? Its current price is incredibly budget-friendly, making it an absolute bargain!
Not just a new kid on the block, Wall Street Memes has already made a splash in the NFT arena with their in-demand Wall Street Bulls NFT collection, selling out in a jaw-dropping half hour of its debut.
Given their already proven mettle in Ethereum NFTs, Wall Street Memes ($WSM) stands on the brink of explosive growth as a meme coin. This is a golden opportunity you don’t want to miss.Wall Street Meme Price Prediction
Analysts anticipate the WSM token could reach $0.06 by 2023’s end. Notably, WSM caught Elon Musk’s attention on Twitter—a scenario that might recur. Additionally, the team’s move to launch a series of Bitcoin Ordinals NFTs indicates they’re keen on adopting future trends.Big Eyes Coin: A Giant Leap Into The Future Of Meme Coins
Big Eyes Coin, after raising a staggering $46M in presale, has announced a token buyback worth $200,000 within 24 hours. BIG is more than just a publicity stunt; it’s a key to the future of crypto-gaming, NFTs, and societal impact. BIG’s impending Play-to-Earn casino, housing over 4000 games, promises a riveting and rewarding gaming journey.
For NFT aficionados, BIG is rolling out the Sushi Crew, a delightful collection of big-eyed, cat-themed NFTs, further spiced up with loot box surprises. Fulfilling its social obligations, BIG earmarks 5% of the token supply for a charity wallet, endorsing global ocean conservation.
Drawing from its past performance, Big Eyes has already proven its commitment to social causes. During its presale phase alone, the Big Eyes Coin community has channelled generous donations amounting to $15,926.20 to fifteen different charities globally. This underlines the power of community tokens to catalyze social change while also generating wealth.Big Eyes Price Prediction Path To Prosperity
Meme coins, once considered just a crypto novelty, are now shaking up the digital currency world. As giants like SHIB and PEPE falter, new contenders like Wall Street Memes and Big Eyes Coin are emerging, demonstrating the immense potential of this unique asset class. The meme coin landscape is changing rapidly, offering compelling opportunities for both savvy investors and the broader community.Invest In Big Eyes Coin (BIG)
Telegram: Telegram: Contact @BIGEYESOFFICIAL
These cryptos would make some of the best investment options in this volatile crypto market
The return of Terra Luna has turbo boosted all major cryptocurrencies today, May 31.
The renewed confidence has reminded many crypto investors that bear markets are not forever. And in fact, if you had bought Bitcoin when it crashed to $26,800 on May 12 by now you could be 18% up on your investment.
The key to thriving in a bear market is to choose cryptocurrencies with high potential to continue growing in price. This doesn’t always mean buying cryptocurrencies that are currently in the green and is not confined to tokens in the top 20 cryptos by market cap.EverGrow Coin – A long-term investment with BUSD rewards
EverGrow Coin was designed by investment professionals with the aim of simplifying crypto trading.
Ever since Benjamin Graham published The Intelligent Investor in 1949 it has been common knowledge that speculating – i.e. buying and selling assets according to market movements alone – does not necessarily lead to better returns.
EverGrow Coin comes with a 14% transaction tax which discourages rapid buying and selling while rewarding those who hold positions. The 14% transaction tax sees 8% immediately divided between investors in the BUSD stablecoin, with 3% set aside for liquidity, 2% for buyback & burn and 1% for marketing.
To date, EverGrow Coin has paid over $37 million in BUSD rewards to its current 137,000 investors. It has also burned nearly 53% of its supply.
In the pipeline for 2023 is a suite of applications all designed to capture more newcomers to the crypto market while rewarding investors and encouraging long-term investment planning.Bitcoin sees 3% price increase
Bitcoin has finally broken past $31,000 after hovering between $29,000-$30,000 since the Terra Luna collapse.
The successful airdrop of Luna tokens last weekend, and with the Binance crypto exchange listing Luna today, Bitcoin has seen a new rally. The current Bitcoin price is $31,600 up from $29,100 over the weekend.
Bitcoin is still down from around $40,000 which it held at the beginning of May. Back in March Bitcoin hit a recent high of $47,000.
Cryptocurrencies in general received a lot of bad press following the Terra Luna collapse. There were even a few headlines that spelled the ‘end’ of crypto as an industry. However, the renewed faith and recent Bitcoin pump show signs that the bear market could be coming to an end.
The Bitcoin price is still the lowest it has been for months making now a good time to buy Bitcoin.Terra Luna pumps 740% on Binance
The new Terra Luna crypto token is listed at 06:00 UTC today – May 31 – on the Binance exchange.
Terra Luna immediately pumped to $18 before falling down to $8.32. The cryptocurrency has a self-reported market cap of $1.7 billion which could place it in the crypto top 50 once accurate figures can be obtained.
The market cap is way below the $40 billion market cap enjoyed by Luna (now Luna Classic) before its collapse. With a current token supply of 210M Luna, if the token were to recover to these levels it would have a price of $190.
Of course, all cryptocurrencies are down on price and market cap since the collapse. The long-term success of Terra Luna will depend on the quality of dApps and projects still in migration and development.
Nevertheless, the huge purchase interest in Luna currently makes it one to watch out for and consider as a crypto buy.
Big Eyes is a recently launched meme coin that is inspired by memes based on the life of a cat called Big Eyes, whose biggest complex was his eyes. Whenever he was called cute because of his big eyes, he thought it made him look meek and weak. After living a comfortable life in Washington DC, he was treated to a rude shock after being abandoned by his owners. What followed was a series of unfortunate events and a year of traveling that made him look at his life differently. He realized that his big eyes and cuteness were a strength that could make him rich through viral memes. And, the rest as they say is history. The underlying aim of designing a meme coin like Big Eyes was to bridge the gap between regular investors and decentralized finance (DeFi). Big Eyes seeks to encourage more people to benefit from DeFi protocols by making them less confusing and more accessible.
To facilitate various kinds of transactional purposes on its network, the platform has also launched a native token called BIG. The token has a supply of 200,000,000,000 units and will be available on presale. It can be used for purposes like staking, financing marketing campaigns for the platform, liquidity pool transactions, and for distributing rewards. The platform has set aside 90% of the token supply for presale. Also, no tax or charge would be levied at the sale or purchase of BIG Tokens.
If you are interested in purchasing BIG Tokens, you can use cryptocurrencies like BNB or ETH for this purpose. If you don’t have these cryptocurrencies, you can purchase them with a debit or credit card. The next thing that buyers need to ensure is that their digital wallet is compatible with Wallet Connect and is activated. The Big Eyes team recommends MetaMask for buyers using desktops and Trust Wallet for mobile phone users. In the last step, buyers have to select the payment method and make the payment. The purchased tokens will be made available after the presale ends.Ethereum’s EIP 4844 Status Upgraded
Ethereum is among the most widely used blockchains in the world. The technology powers thousands of dApps, virtual machines, cryptocurrencies, and non-fungible tokens. It’s also the underlying technology of Ether cryptocurrency. The network has its native token called ETH which is the key cryptocurrency for the platform. The platform recently switched to the proof-of-stake consensus algorithm in a major software upgrade that was called “The Merge’. With the upgrade, the blockchain was able to reduce its energy costs by up to 99%. In a recent development, Ethereum has been in limelight because of its upcoming upgrade – Proto-danksharding or EIP 4844, which is a part of Ethereum’s rollup-centric scaling plan. On November 24, 2023, Ethereum Foundation’s Tim Beiki announced that the blockchain’s core developers have decided to change the status of five proposals including EIP 4844 to “considered for inclusion”.Uniswap Allows NFT Trading On Its Network
As far as cryptocurrency analysts who have reviewed the three options go, many are putting their weight behind Big Eyes because of the meme coin’s potential for growth over the long term. It has been garnering favourable reviews because of its functionality and is expected to smash many crypto records over time, as per these analysts.Learn more about the Big Eyes Token:
With the recent rapid turn of Bitcoin and the other cryptocurrencies into a mainstream area of interest, more and more people are considering the new currencies a viable option for payments and investment. If you have bitcoins and want to exchange them for dollars, euro or any other currency, or if you have assets in these currencies and you want to get money, the place to do these operations is a bitcoin exchange.
There are hundreds, if not thousands, of cryptocurrency exchanges out there and new ones are emerging almost daily. Needless to say, they are not equal. The main factors to consider when choosing a cryptocurrency exchange are its level of security, exchange rates, currencies they trade, payment options, and their reputation in the community. Here are five bitcoin exchanges worth trying.1. Coinbase
Coinbase is one of the most popular exchanges for bitcoin, ethereum, and litecoin. It has been around for years. According to their site they have exchanged $20 billion in digital currencies. They serve only thirty-two countries, and their payment methods vary depending on the country, but basically for most countries they accept wire and credit cards. The fees of Coinbase aren’t the lowest. Additionally, they require ID verification, which for many users is a huge turnoff.2. CEX.IO 3. xCoins
xCoins isn’t among the biggest bitcoin exchanges; neither does it offer the most favorable exchange rates or fees, but what makes it interesting is the fact that you can sell or buy coins with PayPal in addition to credit/debit cards, bank accounts (ACH), and eCheck. xCoins isn’t exactly an exchange; it’s more a site where you can loan/borrow bitcoins instead of purchasing/selling them repeatedly. It’s a good choice when you have spare bitcoins or need them temporarily – in this case you lend/borrow them against a security deposit.4. Bisq 5. Local Exchanges
If you are interested in buying/selling coins for your local currency and/or local payment methods, you can check what local exchanges are available. This you need to check for yourself because there are too many local exchanges to list. One good place to find local exchanges is LocalBitcoins.
Some of the local exchanges I have seen offer a not so beneficial rate for both selling and buying, but if you have assets in a local payment system and need to convert them to dollars or euro in order to use the international exchanges, you might lose more.
I am a fulltime freelancer who loves technology. Linux and Web technologies are my main interests and two of the topics I most frequently write about.
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