The crypto sphere is fairly new to the financial industry in comparison to fiat currency and as such, still faces many teething issues. As the push for a mainstream acceptance of crypto continues, with many institutions countering this with their regulatory conditions, it is expected that drastic changes will appear in the market ever so often.
One of these was the announcement by Binance that they will drop the TRX token from their exchange. This looks to be detrimental to the token and may be disastrous to its price. Conversely, Chainlink has announced a collaboration with decentralised exchange GMX, which will use the Chainlink low-latency oracles to improve their security. Big Eyes Coin (BIG) is making preparations to end its phenomenal presale and finally launch on the wider market.
Tron: End of a Legacy?
Tron, the multipurpose smart contract platform has been in the market since 2018 and has strongly competed against some of the strongest crypto in the market, constantly maintaining its spot in the top 20. However, the success of the coin has become somewhat questionable after Justin Sun, the mind behind the coin, was charged by the SEC for market manipulation and fraud.
Following this announcement, Binance decided to unlist the token from its exchange. Whilst it was not explicitly stated why the token was delisted, Binance did state that delistings in general come as a result of changes in a token’s risk profile, trading volume, evidence of fraud, and regulatory compliance with US authorities.
The token fell more than 5% after the announcement of its delisting, making many speculate that a potential bear market is on the horizon for TRON. Although Justin Sun was not phased by this, saying that TRX will survive because this matter is small and the tokens trading value of $400 million will suffice.
Chainlink: Forging a Link Between Security and Usability
Chainlink is a blockchain that facilitates the secure interaction between blockchains and external data feeds, payment methods, and events. Over the past year, Chainlink has been extremely busy in its improvement as it does not support NFT lending and renting, where other players can give their NFTs to other players for a reward.
The most notable improvement is their collaboration with GMX in which GMX will use Chainlink’s oracle nodes to improve their security. This strengthening of security aims to enhance the overall user experience by limiting the risk of trade tampering and contributes to further decentralisation of the protocol.
Big Eyes Coin: Final Steps to Glory
As one of the fastest-growing coins in its presale stage, Big Eyes Coin is eager to make its mark on the larger crypto market. The coin has constantly hit almost every milestone and goals figure so far and continues to rise in valuation and popularity. With a plethora of offers and lucrative opportunities, it is not difficult to speculate how well the coin will perform once launched.
Big Eyes Coin’s prized possessions are its signature loot boxes that users can purchase for between $10 – $10,000 and unlock rewards of up to $1 million. Furthermore, there is now an entire NFT collection available that users can collect, mint, and trade – this is perfect for the more patient investors looking for something long-term. All these benefits can be unlocked with a 300% bonus by simply using the code END300.
Big Eyes Coin’s presale will end on June 3, 2023. It only means the time is running out faster than ever. Join the CatCrew’s presale while it lasts using promo code END300 and get the best value on your investment on Big Eyes Coin’s launch.
As the crypto market progresses in its steady recovery following a dramatic year, there are a lot of necessary upgrades, partnerships, and other general improvements taking place to ensure that users get the best experiences. Newcomers like Big Eyes Coin will enter at just the right time, with the new bullish sentiments for the market which will greatly escalate the value. With TRX, the price has been doing well since the announcement and may signal a massive increase in value in the coming weeks.
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