The year has almost come to an end, but for the crypto market, it appears to be starting. Many traders and experts are beginning to adjust their price predictions for the new year. The 2022 fiscal year will not be forgotten anytime soon—the crashing financial and asset markets, plus other secular catastrophes, have left a huge dent in the world economies.
Solana has had one of the most extreme markets so far in 2022. A little turbulence in the crypto market could cause it to soar or dip grossly. With the recent events surrounding the crypto market in the fourth quarter of the year, Solana has not been head-up like many other cryptocurrencies in the charts.In other news, Shiba Inu and Big Eyes Coin continue to surprise traders as more events are expected to happen in the crypto market as the new year takes shape.
Why Solana could be falling
Tracing its roots, Solana is one of the few native coins to fall or pump at any slightest disturbance in the market, depending on the type of news following the trend. It reached its peak of nearly $260 per SOL in November 2021—at a time the crypto market was super-bullish.
The reason for Solana constantly falling prices since Q4 2022 is quite unclear. We can only deduce from the fact that the general cryptocurrency market is falling altogether. Bitcoin, the leading cryptocurrency, continues to lead the pack to a bearish market, and this could be the cause of SOL’s dips.
Shiba Inu’s products and services create high demands for its token
Shiba Inu evolved from being a normal meme coin without utility, to power one of the largest DeFi ecosystems in the industry. Since Shiba Inu’s DeFi activities increase exponentially, it has been one of the leading meme cryptocurrencies so far just behind Dogecoin.
Many media channels report that smart contract activities on Shiba Inu have skyrocketed since launching its DEX and metaverse platforms. The more products Shiba Inu powers, the higher its demand.
Many emerging meme coins like Big Eyes Coin are copying this strategy, combined with community building to strengthen the values of their utility meme coins.
Big Eyes Coin aims for the best for its community
Big Eyes Coin is a new meme cryptocurrency that has also been trending on social media, courtesy of its ever-growing community. As a grand admirer of Shiba Inu, Big Eyes Coin aims to replicate its success in its ecosystem.
Big Eyes is a cat meme-inspired ecosystem, just like Shiba Inu and Dogecoin were inspired by dog memes. It plans to create a template for other emerging cat meme tokens.
The Big Eyes presale program has been one of the outstanding pre-sales so far in the fourth quarter of the year. You may still join the community by visiting Big Eyes’ official website and purchasing the tokens using USDT.
Learn more about Big Eyes Coin
- Presale: https://buy.bigeyes.space/
- Website: https://bigeyes.space/
- Telegram: https://t.me/BIGEYESOFFICIAL
Use the code BCUTE058 to get bonus tokens with your Big Eyes purchase