The News of the Week
25
Feb, 2023

The News of the Week

During the last week, the crypto market didn’t manage to move towards a decisive direction in the upper side but bring more volatility in. The traders’ interest shifted towards smaller coins.

 

Some examples were Avalanche, Binance USD and Binance Coin. The first two coins had several pressures from the market and they end up with losses at local low levels. The third coin, even if there was an initial drop, managed to make a turn towards the positive side.

 

The market brought some positive news. A new meme coin made its appearance and wants to dethrone Dogecoin. It’s called BIG or Big Eyes Open, a cat-themed token, which has get more than $30 million in the pre-sale phase.

 

This shows that the investment world needs a new hype…..