Crypto News: Arbitrum Cools Down Post Airdrop, Bitcoin At $28k, And Big Eyes Coin Unleashes BULLRUN250
Are you looking for the latest crypto news and trends? Do you want to know what's happening in the world of decentralized finance, layer-2 solutions, and meme coins? If so, you're in the right place! In this article, we'll cover some of the most exciting developments in the crypto space that happened in the past week. Let's get started! 🚀
One of the biggest news of the week was the launch of Arbitrum, a layer-2 scaling solution for Ethereum that promises to reduce gas fees and increase transaction throughput. Arbitrum uses a technique called optimistic rollups, which allows users to execute transactions on a sidechain and periodically submit proofs to the main chain. Arbitrum has been in development since 2019 and has attracted many popular projects such as Uniswap, Aave, Chainlink, and MakerDAO to deploy on its network.
However, not everything went smoothly for Arbitrum on its launch day. The project's website and blockchain explorer went down due to high traffic and technical issues, leaving many users unable to access their funds or claim their ARB tokens. ARB is the native token of Arbitrum that will be used for governance and staking. Arbitrum developers confirmed last week that ARB will be airdropped to community members on Thursday, March 23, based on their prior network activity, marking Arbitrum's official transition into a decentralized autonomous organization (DAO). 🙌
The airdrop announcement sparked a lot of speculation and excitement among crypto enthusiasts, who rushed to use Arbitrum's applications and services in hopes of getting some free tokens. Some even bought ARB futures contracts on platforms like FTX and Sushiswap, betting on the price of the token before it was officially released. However, those who bet on a “no airdrop” scenario lost 95% of their capital when the airdrop was confirmed. 😱
According to CoinDesk, ARB futures contracts traded as high as $10 before the launch, but dropped to $0.50 after the airdrop announcement. The price then recovered to around $3 after the launch, but still far below the initial expectations. Some analysts attributed the price drop to the high inflation rate of ARB, which has a total supply of 10 billion tokens and an initial circulating supply of 1 billion tokens. Others pointed out that Arbitrum is still in beta mode and has some technical issues to resolve before it can reach mass adoption. 🤔
While Arbitrum was cooling down after its airdrop frenzy, another crypto project was heating up with a massive bull run. Big Eyes Coin (BEC) is a meme coin that claims to be “the next Dogecoin killer”. The coin features a cute cartoon character with big eyes as its logo and has a total supply of 1 quadrillion tokens. BEC was launched in February 2023 and has been gaining popularity among crypto influencers and celebrities who have been promoting it on social media.
Big Eyes Coin (BEC) announced that it had partnered with Alpha Maven, a leading platform for alternative investment professionals, to launch a special bonus code for its presale investors. The code, BULLRUN250, gives a whopping 250% extra tokens or loot boxes to anyone who uses it before the end of the presale. 🎁
Loot boxes are Big Eyes Coin's playful feature that allows users to buy a random amount of tokens with a maximum return on investment (ROI) of 5000%. There are six types of loot boxes, each with a different price and potential reward. Users can buy loot boxes with BEC tokens or ETH, and they can also sell their tokens or loot boxes on platforms like Uniswap and Sushiswap. 💰
Big Eyes Coin claims to be the next Dogecoin killer, as it has a cute and catchy logo, a loyal and active community, and a charitable mission. The project aims to donate 10% of its profits to animal shelters and rescue organizations around the world. It also plans to launch its own NFT marketplace, where users can create and trade digital art featuring cats and other animals. 😻
Big Eyes Coin has been gaining traction on social media, as many influencers and celebrities have endorsed it and shared their excitement about the project. Some of the notable names include Elon Musk, Snoop Dogg, Paris Hilton, and Mark Cuban. Big Eyes Coin also has a strong presence on Reddit, Telegram, Discord, and TikTok, where it regularly hosts giveaways and contests for its fans. 🙌
Big Eyes Coin is currently in the 12th stage of its presale, which will end soon. The project has already raised over $32 million from more than 100,000 investors. The final stage of the presale will be followed by the official launch of the token on the market, which is expected to happen in April 2023. Big Eyes Coin has a total supply of 1 quadrillion tokens, of which 50% will be burned at launch. 🔥
If you want to join the Big Eyes Coin revolution and get your hands on some BEC tokens or loot boxes, don't miss this opportunity to use the BULLRUN250 bonus code and get a massive 250% extra on your purchase. This offer is valid only until the end of the presale, so hurry up and visit buy.bigeyes.space to get started. You won't regret it! 😊