The crypto market experienced a resurgence in 2023, with many coins seeing a rise in value after a difficult 2022. The failure of Luna and the implosion of FTX had many worried that the crypto market would enter a prolonged recession. However, recent events have given investors cause for optimism. A significant contributor to the market rally has been the revelation by lawyers for the failed FTX exchange that they have recovered more than $5 billion worth of crypto assets and cash assets that can be used to compensate creditors.

FTX Asset Recovery Boosts Market Confidence

The recent recovery of more than $5 billion worth of crypto assets and cash assets by the lawyers of the failed crypto exchange FTX has restored confidence to the market and helped boost the prices of most coins. This, combined with a decline in inflation as reported by inflation data released on January 12, also played a role in the market’s rally. Declining inflation has led to optimism that the Federal Reserve will moderate aggressive rate hikes, which would lure more investors into riskier assets like digital currencies. One coin that has had a significant impact on the market is .

Big Eyes Coin – A community-led Defi token with a focus on charity and innovation

Big Eyes Coin (BIG) has been making waves in the cryptocurrency market, with its community-led approach and features like monthly charity wallets that support ocean conservation charities. The coin is also building a unique and innovative NFT space that connects people with shared interests, interesting content, and all things cryptocurrency. With over $17 million raised during the pre-sale stages, BIG has achieved unprecedented success in the crypto space. Unlike other coins, BIG has not been affected by the Luna collapse and FTX implosion and has been able to capitalize on the market rebound, with its price steadily rising in recent months. As investors increasingly seek out stablecoins and community-backed coins, BIG is becoming an attractive option. Another coin that has been gaining popularity in the market is Shiba Inu (SHIB).

Shiba Inu and Dogecoin: High Risk, High Reward Opportunities for Adventure Investors

According to Nansen on-chain data, SHIB was the most popular non-stablecoin digital asset for newly funded crypto wallets over the past seven days. During that period, Nansen registered more than $56 million worth of SHIB tokens that flowed into some 12,000 new wallets. The ERC-20 token, Shiba Inu, was the most popular non-stablecoin digital asset for newly funded crypto wallets in the past seven days. According to the chain’s data, SHIB tokens were flowing to around 12,000 new wallets, totaling more than $56 million. Token enthusiasts are eagerly awaiting the launch of Shibarium, an Ethereum Layer 2 ecosystem for launching decentralized applications using SHIB as a native token. Furthermore, Dogecoin (DOGE) is also showing signs of recovery in the market.

After bottoming out in late 2022, DOGE started a short-term uptrend at the beginning of the year and reached a resistance level around $0.0918 on Jan. 14. However, after paring back some of its gains, it found support around the $0.08 level and has since picked up some additional momentum amid the general increase in risk appetite. It is clear that there are still plenty of opportunities for growth and success in the crypto space despite the turbulent year. Coins like BIG, Ethereum, Bitcoin, Binance, Shiba Inu, and Dogecoin will play a significant role in shaping the future of the industry. With a focus on sustainability, charity, and innovation, BIG is an attractive option for investors looking for a stable, community-backed coin. SHIB and DOGE, on the other hand, attract the more adventurous investors looking for a high risk, high reward opportunity. While the market is still reeling from recent setbacks, it is important to keep an eye on these coins and stay informed about their developments in order to make informed investment decisions.

It is also worth noting that the crypto market remains highly speculative and volatile, and investors should be aware of the risks before investing. It’s important to do your own research, diversify your portfolio, and invest only what you can afford to lose. However, with the market rallying and the potential for further growth, now may be a good time to consider investing in these coins.

The crypto market is showing signs of recovery and coins like BIG, SHIB, and DOGE are poised to make a big impact on the industry. The market remains highly speculative and volatile, so investors should be aware of the risks before investing. However, with the potential for growth, these coins are worth considering as part of your portfolio. Stay informed and make informed investment decisions to make the most of the crypto market rally.

You can get a 200% bonus on your Big Eyes Coin purchase, just use the code LAUNCHBIGEYES200

For more information on the Big Eyes (BIG) coin:

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

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WARNING: Investing in crypto assets is not regulated, may not be suitable for retail investors and the entire amount invested could be lost

IMPORTANT NOTICE: Investing in crypto assets is not regulated, may not be suitable for retail investors and the entire amount invested may be lost

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By yjawq

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