In recent weeks, the crypto world has been shaken to its core by the collapse of the FTX crypto exchange and the subsequent nefarious revelations. Changpeng Zhao, co-founder and CEO of Binance, abandoned FTX’s rescue mission after realizing it would be too difficult to try to save the company as accusations and complications flooded in.
The fallout from the FTX crash had a wide-ranging impact, causing the largest cryptocurrency, bitcoin (BTC), to drop to a two-year low of 16,000. However, despite the repercussions and subsequent gloom in crypto, Changpeng Zhao remains optimistic about the future of crypto. Zhao has publicly stated that cryptocurrency is “the only stable thing” in the current economic uncertainty and volatility.
Changpeng Zhao’s positive public attitude and continued support for the cryptocurrency are lifting everyone’s spirits after the crash. Also, the market seems to be recovering; Dogecoin (DOGE) is on the rise and Bitcoin (BTC) and Ethereum (ETH) are also rising at the time of writing.
So, could Zhao’s positivity affect the future of meme coins like Dogecoin and Big Eyes Coin (BIG)? Let’s see what Zhao’s positivity can do for meme coins, old and new.
What can Changpeng Zhao’s positive attitude do for Dogecoin?
Can Changpeng Zhao’s public positivity towards cryptocurrency restore Dogecoin to its pre-crash value?
Before the FTX crash, Dogecoin experienced a massive price boom, climbing 160% to hit a monthly high of $0.1554 on November 1st. This spike in value was due to Elon Musk’s purchase of Twitter and the expectation that crypto champion and Dogecoin proponent Musk would be able to integrate Dogecoin into the mechanics of Twitter itself.
This spike in Dogecoin value has cushioned its value from the cryptocurrency crash and Dogecoin is now showing signs of recovery. But can it bounce back and hit $0.1554 again on the back of Changpeng Zhao’s positive attitude towards cryptocurrency?
Zhao’s continued public support for the future of crypto will obviously be good news for Dogecoin, especially after the recent cryptocurrency crash. It is likely that Dogecoin will be able to rise to its former heights, but this may depend on whether Elon Musk integrates Dogecoin into Twitter or another project.
Can Changpeng Zhao’s positivity boost the Big Eyes Coin?
Another meme coin likely to be positively impacted by Zhao’s continued support for the future of cryptocurrency is the cat-themed meme coin Big Eyes Coin (BIG). The Big Eyes Coin is a new cat on the cryptocurrency market and is currently performing well in the pre-sale stages with over $10 million raised in the 6th pre-sale. So let’s see why this meme coin is most likely to benefit from Changpeng Zhao’s positive publicity.
Big Eyes Coin has been gaining momentum in the presale for several months now. The Big Eyes presale is going strong, recently launching a media stunt in New York City’s Times Square that expanded its global reach.
The reason this meme coin is ready to capitalize on Changpeng Zhao’s positive crypto vibe is because the Big Eyes Coin is new to the crypto market and its pre-sale is impressive to the wider market at the same time that a lot of crypto news is terrible. . . Like Changpeng Zhao, the Big Eyes presale is an oasis of positivity amid wider cryptocurrency uncertainty as it offers investors a positive and sustainably informed cryptocurrency with a high ROI.
Both Big Eyes Coin and Dogecoin are likely to be indirectly positively impacted by Changpeng Zhao’s continued public support for the future of the cryptocurrency. The future of crypto is likely to lead to more regulations and transparency, which cryptocurrencies can make it through the bear market and exit the other side will depend on their ability to adapt and capitalize on every opportunity. Dogecoin is already taking every opportunity to grow and find new use cases along with Elon Musk. The Big Eyes Coin presale is thriving despite the crash, and the company is wasting no time in telling everyone about it.
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For more information about Big Eyes Coin (BIG) and its community, please visit the following links:
Big eyes on Youtube: https://www.youtube.com/watch?v=-KWJhYnzvNs
Pre-sale of the Big Eyes coin: https://buy.bigeyes.space/
Big eyes site: https://bigeyes.space/
Telegram “Big Eyes”: https://t.me/BIGEYESOFFICIAL
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