Coinbase’s Brian Armstrong Says He Has 2 Million Bitcoins, Big Eyes Raise $10.3 Million in Pre-Sale
Cryptocurrencies have had a tough 2022 due to frequent market crashes. The market oversaturation of cryptocurrencies has caused prices to drop as people lose faith in their value and change their buying options. However, cryptocurrency analysts expect cryptocurrencies to remain a popular digital component for users despite the fluctuations in their prices.
Brian Armstrong, CEO of cryptocurrency trading firm Coinbase, recently stated that the organization owns two million bitcoins (BTC). The price of bitcoin, the godfather of cryptocurrency, has recently increased by 4.65%, which indicates that the cryptocurrency is beginning to recover. Meanwhile, the next meme icon big eyes coin (big) It reached another milestone in its short existence by surpassing $10 million in the Phase VI pre-sale.
Brian Armstrong’s Coinbase holds 2 million bitcoins
Bitcoin (BTC) is a digital currency that allows for secure peer-to-peer Internet transactions. The invention of Bitcoin was a crypto breakthrough that created the crypto market. The blockchain network is software that acts as a ledger, recording every Bitcoin transaction. A computer network is used to distribute and validate Bitcoin. It is not under the authority of any company, government or broker. According to Coinbase CEO Brian Armstrong, the company holds 2 million bitcoins worth $39.9 billion as of September 30, 2022.
The information provided by Armstrong comes at a time when the general public is focusing on exchange balances in the wake of FTX’s violent crash. Armstrong also shared the company’s shareholder letter, which includes a comprehensive list of Coinbase’s assets. The Coinbase CEO’s comments on Twitter follow discussions about proof of reserves and financial audits. according to CoinMarketCap, The price of BTC on November 23, 2022 is £13,926. This represents an increase of 4.65% from yesterday’s total of £13,279, a decrease of 3.64% from the previous week, and a decrease of 14.41% from the previous month.
Big Eyes reaches $10.3 million in pre-sale
After less than a year of existence, Big Eyes Coin (BIG) has had a proven impact not only on the meme coin sector but also on the crypto market as a whole. The blockchain network appeared in the middle of 2022, the time when the first cryptocurrency crash negatively affected crypto giants like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Terra (LUNA). Big Eyes Coin initially attracted audiences with its iconic mascot, an anime/manga styled cat with adorably large pupils. The mascot has taken a different approach to branding, with meme coins like Dogecoin, Shiba Inu, and Floki Inu mostly centering around dogs.
Aside from its aesthetically distinct avatar, Big Eyes Coin has sought to incorporate sustainable features into the project, demonstrating its desire to improve the quality of not only the decentralized financial environment, but also the real-world one. BIG achieves this by donating 5% of available tokens to sea-based conservation organizations. In addition, Big Eyes Coin is also built on the veteran Ethereum network, which recently changed to a Proof of Stake consensus, which increases the likelihood of Big Eyes Coin’s long-term viability.
The meme coin recently reached another milestone by raising $10.3 million in its Phase 6 pre-sale. With the annual Black Friday sale coming up, Big Eyes Coin has added an incentive to join the community with a promotional code Black Friday 50. Participate in the next most discussed coin meme now!
For more information about the Big Eyes Coin (BIG), click on the links below:
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