By Guest Writer •
Published: 20 May 2023 • 0:42
The crypto world jumped into a wild 2022, filled with crashes and flops, where even the mighty Bitcoin (BTC) and Litecoin (LTC) were seen taking a nosedive. Fortunately, amidst the loops and dips shines a glimmer of hope: the legendary Bitcoin halving!
While Big Eyes Coin (BIG) is also waiting to ride the bulls post-Bitcoin halving, it also makes sure to forge its own path. Not waiting for luck to befall on its lap, Big Eyes Coin drops exciting product offers. They’ve even slashed their Stage 13 price tags down to Stage 3, leaving investors awe-struck, and making it impossible for anyone to resist!
The Bitcoin halving is a special event that happens roughly every four years or after adding 210,000 blocks to the blockchain. Set for April (or May) 2024, the halving event is expected to set off a thrilling surge in Bitcoin’s value!
Halvings are like magic potions for scarcity and price spikes. They work their mojo by slashing the rewards for the Bitcoin miners by a whopping 50%. This means that the 6.25 Bitcoin per mined block is sliced in half to 3.125 bitcoin after the next halving.
As halving events approach, investors scramble to gather Bitcoin in a frenzy. These investors, called the Bitcoin whales, hold hefty wallet holdings between 1,000 to 10,000 BTC.
Historical data suggests that Bitcoin price boosts following halving events. In May 2020, Bitcoin skyrocketed by a jaw-dropping 688.31%. Four years before that, BTC’s price boogied up by 142%.
Often dubbed as the ‘silver to Bitcoin’s gold,’ Litecoin is a cryptocurrency that was forked from Bitcoin. While it retains similarities, Litecoin brings its own changes, including a distinct hashing algorithm and faster block generation.
Litecoin’s founder, Charlie Lee, is brimming with optimism as the upcoming halving event on August 2, 2023, approaches. He envisions a jaw-dropping surge for Litecoin’s ROI — 700% increase to be exact! And Lee’s got some solid reasons to back up his optimism. Litecoin boasts superior features like higher throughput, scalability, improved fungibility, and many others.
History typically supports the notion of significant LTC gains leading up to previous halvings, resulting in substantial price rallies. Case in point, LTC’s first halving in 2015 saw the crypto shoot up a staggering 450%.
With technical and on-chain indicators in favor, Litecoin is poised for an upward trajectory, with LTC’s price reaching around $600. Alternatively, LTC/USD may target the horizontal resistance near $100, indicating a 20% rise from current levels.
The recent news of an accelerated presale finale on June 3, 2023 has sparked an uncontrollable frenzy for the Big Eyes community. As the hype train is about to take its final turn, its market eagerly anticipates Big Eyes Coin live up to its promises:
When Bitcoin skyrockets, it tends to lift the whole market, including Big Eyes Coin. With this, price projections suggest that the BIG token may fluctuate between $0.0005 and $0.0009. After the Bitcoin halving, Big Eyes Coin is expected to go on a bullish rampage, reaching prices from $0.0020 to $0.0024, representing a whopping 260% to 300% surge!
The success of Big Eyes Coin hangs in the balance of the overall market performance, economic downturns, and crypto regulations. However, with Litecoin and Bitcoin halving on the horizon, Big Eyes Coin is gearing up for a wild ride. The excitement is inarguably contagious, and you don’t want to miss out on this thrilling journey!
Big Eyes Coin (BIG)
WARNING: The investment in crypto assets is not regulated, it may not be suitable for retail investors and the total amount invested could be lost
AVISO IMPORTANTE: La inversión en criptoactivos no está regulada, puede no ser adecuada para inversores minoristas y perderse la totalidad del importe invertido
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