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Bitcoin And Big Eyes Coin In The Spotlight: Crypto Market’s Response To Price Dip And Enforcement Action

By
TI Partners
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0

Despite the recent dip in Bitcoin’s price, the crypto market continues to be a source of interest and excitement for many investors. One cryptocurrency that has been making a significant impact in the market is Big Eyes Coin (BIG). With over $16 million raised during the presale stages, Big Eyes Coin (BIG) is breaking down barriers and achieving unprecedented success in the crypto space.

Bitcoin’s Price Dip and the DOJ’s Cryptocurrency Enforcement Action

One of the major appeals of Big Eyes Coin (BIG) is its focus on environmental preservation and community engagement. The platform offers a variety of features and functionalities on its online platform that allows for a new way of connecting with others. As a community-led defi meme token, it has exceeded investor expectations with features such as monthly charity wallets that support ocean conservation charities. It also has a unique and innovative NFT space that connects individuals with shared interests, cute content, and everything crypto related.

The success of Big Eyes Coin (BIG) in the presale stages and the launch of a new calculator feature on their website, which allows investors to connect their crypto wallet and assess potential gains made from buying Big Eyes tokens, is a testament to its potential in the crypto market. The crypto community is keeping a close eye on the market as they attempt to decipher whether or not the price rally is a sign of a market alignment or if something dire could be on the horizon.

Big Eyes Coin (BIG) and Other Crypto Projects Tackling Climate Change Solutions

Big Eyes Coin (BIG) is not alone in the crypto market, as other projects such as GBBC, Eqo Networks and BxCi, have also been working to promote crypto solutions for climate change. These projects have been leading the initiative to create leadership networks that are focused on addressing climate change.

The crypto market has seen a redemption to start the year, however, as the price has surged beyond $20,000. Conversely, all eyes are on the price fluctuation as the market attempts to decipher whether or not the price rally is a sign of a market alignment or if something dire could be on the horizon.

Big Eyes Coin (BIG) vs Bitzlato: Comparing Two Major Players in the Crypto Market

In addition to the enforcement action taken against the cryptocurrency firm Bitzlato, another macroeconomic factor that has been cited as a potential cause of the dip in Bitcoin’s price is the 4% drop in the metrics released in the U.S. Producer Price Index (PPI). The numbers were better than expected, as December 2022 showed a PPI of 6.2% year over year, which beat the projection of 6.8%. Additionally, this data is seen as a signal of “easing inflationary pressure, giving scope for the Fed to slow its current pace of interest rate hikes.”

Overall, the crypto market is constantly evolving and changing, with different projects and cryptocurrencies making their mark. The success of Big Eyes Coin (BIG) in the presale stages and its focus on environmental preservation and community engagement sets it apart from other crypto projects. Alongside its green aims, it also wants to bring serious wealth to its presale investors, which is why it is offering 200% bonus on any purchase! When using the code LAUNCHBIGEYES200 with any presale purchase, any purchase of $BIG will be tripled and deposits into the buyer’s wallet when it launches! The crypto community is keeping a close eye on the market as they attempt to decipher whether or not the price rally is a sign of a market alignment or if something dire could be on the horizon.

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

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Calculate Your Potential Earnings With Big Eyes Coin’s Newest Calculator Feature: Forget Influencer Speculation

By
TI Partners
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0

Big Eyes Coin, under the ticker symbol $BIG, has a track record of reading what the crypto markets are moving towards. Recently, there has been a trend away from mere influencer speculation and advertisement: crypto users and investors have savvied up to the fact that paid endorsements are not solely enough to invest in a cryptocurrency, especially in light of the ongoing bear market. This is why the Big Eyes team has used its traffic-driven website and social media accounts to help directly influence investors and analysts. The latest iteration of this is their newest feature: their investment calculator. But first, some background information on the Big Eyes Coin ecosystem.

What Is Big Eyes Coin And Where Does It Fit In Amongst Top Meme Coins Like Dogecoin & Shiba Inu?

The pioneering meme coin is of course Dogecoin ($DOGE), made initially to ridicule the hype of Bitcoin’s rise ($BTC), but ended up creating a distinct corner of the crypto landscape. And what Dogecoin spurred on was the creation of plenty more meme coins: coins that took the fun of popular internet memes and paired it with blockchain technology. Shiba Inu ($SHIB) is perhaps the most obvious and impressive example of next-generation meme coins, with its impressive ecosystem, which now includes a layer-2 network, Shibarium. 

The next generation of meme coins will build on Shiba Inu’s impressive work, and Big Eyes Coin ($BIG) is leading the way. It has deployed a multi-pronged marketing and advertising offensive, which includes detailed Youtube reviews by crypto analysts, viral 3D ads on New York’s Times Square, and thriving Telegram and Discord communities (linked below).

Not only this but Big Eyes Coin is offering an impressive meme ecosystem. It plans to, post-launch, begin its own NFT collection and platform, allowing users to buy, sell, and trade their Big Eyes NFTs. Users who own or mint Big Eyes NFTs will become members of an exclusive club named Sushi Crew, which will be rewarded with $BIG tokens and other benefits and bonuses. Alongside this, once it launches on several exchanges, its trade volume will increase impressively, mainly due to its exposure and zero taxation. Once it launches – it has, so far, confirmed launch on UniSwap – we suspect that more will be added to its ecosystem, including perhaps a governance token.

So Where Is Big Eyes Coin Currently At?

Big Eyes Coin is currently working through the stages of its presale, currently soaring through stage 9, having raised over $16.3 million at the time of writing. There are good reasons for this – recently, the Big Eyes team has been directly pushing for the launch of Big Eyes’ token. They’ve utilized open dialogue with their community to push forward the launch, especially through their 200% bonus discount. That is to say that every presale purchase will be tripled at no cost to the buyer – if you buy $500 worth of $BIG tokens, you will receive an additional $1000 of $BIG tokens into your wallet once Big Eyes Coin launches. The code is aptly LaunchBigEyes200 and will be on the Big Eyes Coin’s presale page, found via the button below.

Additionally, the new calculator feature on the Big Eyes Coin website has also drawn investors to the project. Meme coins traditionally have been huge wealth creators during bull runs, due to their low entrance price and large scope for value increases. And now, with this virtual calculator, investors can see exactly how much their investment could bring.

With Big Eyes Coin yet to launch (but nearing launch every day), it is clear how much profit could be made for investors during its presale stages. Instead of the flimsy, often unreliable influencer posts, Big Eyes decided to do something different, something simple, direct, and functional. Now visitors can simply see how much they could make – making investments easier and simpler.

Big Eyes Coin is one of the most versatile, hottest new cryptocurrencies available. It is continuously improving its relations with its community, listening and adapting to their needs. The ecosystem will only grow as it nears launch, and with its 200% discount code still live, now is the time to invest and diversify one’s portfolio in preparation for 2023 and the bull run(s) it could bring.

 

For More Information On Big Eyes Coin (BIG), Follow Their Socials:

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

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

SEC Charges Sam Bankman-Fried on FTX’s Fraudulent Handlings of Investors’ Equities

By
Paul Ugbede Godwin
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0

FTX Crypto Exchange went from being worth $32 billion to filing for bankruptcy in what many are calling the “Lehman Brothers Moments“. In my previous article I compared his exploits on the Crypto Industry as that of Bernie Madoff.

The collapse of FTX has shaken up the entire crypto space. This has led to Congress and SEC investigating what transpired leading up to its filing for Chapter 11 Bankruptcy.

Timeline on FTX Collapse

Nov 2: Coindesk publishes a concerning article about FTX and Alameda Research.

Nov 6: Binance sells FTT holdings based on the coindesk report. Binance, a rival exchange, announced it was going to sell around $530 million worth of FTT.

The assertions that FTT, the native FTX token, was Alameda Research’s principal asset were covered in length in the paper. Because FTX was utilizing FTT as collateral on its balance sheet, this raised some doubts.

As a result, there were concerns about the capital of FTX and Alameda as the assets were tied to a hazardous and volatile token. Similar to how the Ethereum network uses ether, FTT is the native coin of the FTX network.

Nov 8: Binance announced that they had reached a non-binding agreement to purchase FTX to help with the liquidity crunch.

Nov 11: The inevitable happened, and the company has to file for bankruptcy protection after a sudden collapse.

Nov 14: BlockFi suspends customer withdrawal, ever since the bankruptcy of FTX, many casualties have emerged. BlockFi was bailed out over the summer by SBF’s $400 million lifeline to stabilise the company.

Customers who put their trust in crypto behemoth FTX are now without anything. On large exchanges, are our investments really secure? Customers use these exchanges to trade their assets solely on the basis of trust. That bond is destroyed by such frauds by VCs like Alameda and SBF.

Apparently, following the turn of events SEC alleges that Sam Bankman- Fried used $100 million of customers’ money to invest in Mysten Labs— Creators of the Sui Blockchain during the investigation following ftx’s bankruptcy. So, does this have an impact on SuiNetwork?

The SEC turns a blind eye to FTX exploits in the past which led to US investors losing billions. The SEC lets politicians trade on material insider information. The SEC have continued to allow BlackRock to control the destiny of the free market and push their ESG policies on all of us.

SEC Finally Nails FTX Frauds on SBF

The SEC has officially charged Sam Bankman-Fried with defrauding FTX investors. Specifically, filing their complaint he “orchestrated a scheme to defraud equity investors in FTX Trading Ltd.” Moreover, the claims center around his misrepresentation of the platform to potential investors.

The filing states that Bankman-fried, after successfully raising more than $1.8 billion, had done so on false pretenses given to investors. The charges state that in that funding round, Bankman-Fried “promoted FTX as a safe, responsible crypto asset trading platform, specifically touting FTX’s sophisticated, automated risk measure to protect customer assets.”

Ben Armstrong wrote on Twitter. What was the number? 129 politicians received money from SBF only 11 are returning the funds. FTX was used for international money laundering from many elites world wide. Who knew Senator Warren had inside info on this.

The SECGov has recently taken enforcement actions against alleged unregistered public offerings of Nexo Protocol for lack of disclosure, while largely ignoring the risky activities of Crypto Exchanges and VC firms.

L’Oréal’s NYX Launches DAO and NFT Inspired Beauty Products— FKWME Pass

By
Paul Ugbede Godwin
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0

The L’Oréal- owned brand NYX Professional Makeup declared Thursday that it will launch an online beauty “incubator” in the form of a DAO called GORJS and 1,000 Ethereum NFTs called the “FKWME Pass.”

GORJS, which is pronounced “gorgeous, wants to set a standard for “what beauty will be in the metaverse and lead the cultural conversation about the values of diversity, inclusion, and accessibility, according to the DAO’s litepaper, or technical explanation.

The DAO was first announced in June of last year, but it will finally start up soon with the same aims. On February 1, the public will be able to purchase FKWME NFT passes for 0.19 ETH, or about $290 each.

NYX Global Brand President Yann Joffredo stated in a statement that GORJS was created to highlight “3D creators” and provide them with “a path to success within the Web3 ecosystem.”

Joffredo considers digital “makeup” designs to be radically unique from physical cosmetics, as developers are able to go above and beyond with surreal components that defy the laws of physics.

“From extraterrestrial glass skin to morphing elemental lashes, makeup and digital fantasy are entwined in an aspirational, accessible way,” Joffredo said. “In one instance, eyelashes might be stacked in a multi-tier beauty application norm; in Web3, they could dramatically flare into lifelike flames that dare the viewer to dream.”

Therefore, NYX’s DAO is an expansion beyond the physical cosmetics available in drugstores; it is an examination of what makeup means in the age of avatars and pseudonymity.

This Web3 effort looks to be a difference from NYX’s traditional diet of beauty influencer material, which includes smartphone footage of producers applying makeup posted to Web2 social media platforms such as TikTok, Twitter, and YouTube.

When asked how NYX’s DAO and NFTs align with the brand’s demographic, Joffredo said that NYX has always been a “pioneer in the digital and aspiring artistry space.” Joffredo also said NYX has a history of supporting “rising makeup creators” and “young creators” in the beauty industry.

Joffredo believes that GORJS will still be able to realize its ambitious goal despite the decline of the NFT industry during the previous several months.

Members of the Ethereum DAO will utilize 100 million non-transferable GORJS governance tokens as voting chips for various DAO proposals and projects. A DAO, or decentralized autonomous organization, is a collection of crypto enthusiasts that aim to govern pooled resources collectively using tokens for community voting.

In an ideal DAO structure, there is no single entity that has all the power, and the community is able to execute on a common aim or mission using a more equitable power structure as opposed to a top-down structure.

Members of the DAO can receive soulbound GORJS tokens in numerous ways, including buying an FKWME Pass NFT (fuck with me). If a token is soulbound, it cannot be moved from the holder’s wallet and is non-transferable.

The NFT automatically provides the holder with a daily yield of GORJS tokens and allows the holder to engage in future NFT Airdrops and exclusive future sales. The DAO will also provide a tool for NFT minting, allowing members to mint their own works of art through its website.

Updated: Nigeria government denies increasing petroleum pump price

By
Samuel Nwite
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0

Editor’s Note: The government of Nigeria has not increased the pump prices of petrol across the country. The Minister of State for Petroleum Resources, Timipre Sylva, disclosed this in a statement issued by his senior adviser on media and communication, Horatius Egua: “There is no reason for President Muhammadu Buhari to renege on his earlier promise not to approve any increase in the price of petroleum motor spirit (PMS) at this time.”

The federal government of Nigeria has once again ‘quietly’ increased petrol pump price to more than N185 per liter, over 8.8 percent lift from the previous price of N170.

The increase, which also saw ex-depot prices shoot up from N148 to N167 per liter, comes amidst persistent fuel scarcity that has forced an increase in transport fares across the country.

In a notice to fuel marketers on Wednesday, the government directed that the new price should take immediate effect. However, N185 is for Lagos only, while other regions of the country have different prices to pay per liter. The price per liter is N190 within the Southwest, South South and North Central zones, N195 per liter in the South East, FCT and North West zones, while the commodity is expected to sell for N200 per liter in the North East.

The increase has stirred different reactions across the country. Fuel has been on sale for N200 to N300 per liter since last year, despite subsidy payments that gulped N6.4tn from  the 2022 budget.

The National Operations Controller, of the Independent Petroleum Marketers Association of Nigeria, IPMAN, Mike Osatuyi, said his members lift the product at N240 per liter.

President Muhammadu Buhari’s administration had fixed June 2023 to totally remove fuel subsidy, a move that has been advocated as a panacea to fuel scarcity.

Critics believe there has been largely no difference between the price of unsubsidized fuel and what Nigerians are paying now for it. On Thursday, the Lagos State Government announced a plan to regulate the activities of petroleum marketers in the state. The move, which will see filling stations selling fuel from 9:00 a.m to 4:00 p.m, is geared toward curtailing perennial traffic congestion that has been unleashed in the state by long queues of motorists looking for fuel.

Another effect of the fuel scarcity is the high cost of goods and services, stoked by the increase in transport fares.

It is expected that the new pump price will be resisted. Organized Labour has expressed its disappointment over the increase, describing it as “shocking.” Vanguard quoted a top labour official who spoke on anonymity, urging Nigerians to resist it.

“It is shocking that this government has decided to add to the suffering of Nigerians in the midst of unbearable hardship occasioned by anti-people’s policies of the government.

“This increase is totally rejected and unacceptable to organised labour and the entire suffering Nigerian masses.  We see this increase as the last kick of a dying regime and Nigerians are not ready to die with the regime.  We cannot continue on this lane. The government cannot continue to use its failures to punish Nigerians.

“We have an understanding that we are not going to talk about any of the issues until the local refineries are functioning.  It is wicked, insensitive and the height of provocation.

“We are not only going to resist the Nigerian masses, but the Nigerian workers and the ordinary Nigerians will also express their frustration at the polls. The increase has reinforced the belief that Nigerians must take our destinies into our hands,” he said.

The Nigerian Labour Congress (NLC) has repeatedly led other trade unions to resist attempts by the government to hike pump price through strikes. It’s not clear if the unions will embark on industrial action this time.

Volume of Petrol Drops

From PT: The Independent Petroleum Marketers Association of Nigeria (IPMAN) announced Friday that the volume of products supplied to marketers at the loading points has dropped by about 50 per cent. IPMAN deputy president, Zarma Mustapha, disclosed this while speaking on Channels Television’s Sunrise Daily on Friday.

He said the country is in a complex situation owing to the burden of subsidy that the government is carrying which is no longer sustainable.

He noted that the importation of petroleum products by the Nigerian National Petroleum Company (NNPC), Limited affects the government’s revenues.

“Sometime in July and August, the volume of lifting we had and what we have today has dropped by about 40 per cent or 50 per cent,” Mr Mustapha said.

He noted that the lingering presence of queues at fuel stations across the country could be due to the high cost of the subsidy.

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