In recent weeks the cryptocurrency world has been shaken to its core by the collapse of the crypto exchange FTX and the nefarious revelations that followed. Changpeng Zhao, the co-founder and CEO of Binance, pulled out of an FTX rescue mission after realizing that it would be too complicated to try to salvage the company as allegations and complications flooded in.
The fallout of the collapse of FTX had a widescale impact causing the biggest crypto, Bitcoin (BTC), to fall to a two-year low of 16K. However, despite the fallout and subsequent crypto gloom, Changpeng Zhao is still bullish on crypto’s future. Zhao has publicly commented that crypto is “the only stable thing” amid the current economic uncertainty and volatility.
Changpeng Zhao’s positive public attitude and continual crypto support are boosting everyone’s mood post-crash. Furthermore, the market does appear to be recovering; Dogecoin (DOGE) is on the rise, and Bitcoin (BTC) and Ethereum (ETH) are also climbing 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 look at what Zhao’s positivity could do for meme coins, old and new.
What could Changpeng Zhao’s positivity do for Dogecoin?
Could Changpeng Zhao’s pubic crypto positivity restore Dogecoin to its pre-crash value?
Before the collapse of FTX, Dogecoin was experiencing a massive boom in price, rising 160% and reaching a monthly high of $0.1554 on the 1st of November. This surge in value has been linked to Elon Musk’s purchase of Twitter and the anticipation that crypto champion and Dogecoin supporter Musk could integrate Dogecoin into the mechanics of Twitter itself.
This surge in the value of Dogecoin cushioned its value against the crypto crash, and now Dogecoin is showing signs of recovery. But can it recover and reach $0.1554 again amid the cryptocurrency positivity from Changpeng Zhao?
Zhao’s continual public support of crypto’s future will obviously be good news for Dogecoin, especially in the wake of the recent crypto crash. It’s likely that Dogecoin could climb to its previous heights, but this may depend on whether Elon Musk integrates Dogecoin into Twitter or another project.
Could Changpeng Zhao’s positivity boost Big Eyes Coin?
Another meme coin which is likely to be positively affected by Zhao’s continual support of crypto’s future is the cat-themed meme coin Big Eyes Coin (BIG). The Big Eyes Coin is a new cat on the crypto market block, currently performing well in its presale stages, with over $10 million raised in its 6th presale so far. So let’s see why this meme coin is likely to benefit from the positive publicity from Changpeng Zhao.
Big Eyes Coin has been gaining momentum in its presale for a few months now. The Big Eyes presale has gone from strength to strength, recently launching a media stunt in NYC Times Square which has boosted its global reach.
The reason why this meme coin is poised to benefit from the positive crypto vibes that Changpeng Zhao is because Big Eyes Coin is fresh to the crypto market, and its presale is impressing the wider market at the same time when a lot of crypto news is dire. Like Changpeng Zhao, Big Eyes presale is an oasis of positivity amid wider crypto uncertainty because it offers investors a positive and sustainably conscious crypto with high ROI.
Both Big Eyes Coin and Dogecoin are likely to be indirectly positively impacted by Changpeng Zhao’s continual public support of crypto’s future. Crypto’s future will likely usher in more regulations and transparency, which cryptocurrencies make it through the bear market and out 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 alongside Elon Musk. Big Eyes Coin presale is flourishing despite the crash, and it’s wasting no time in telling everyone about it.
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For more information on Big Eyes Coin (BIG) and its community, please visit the following links:
Big Eyes on Youtube: https://www.youtube.com/watch?v=-KWJhYnzvNs
The Big Eyes Coin Presale: https://buy.bigeyes.space/
The Big Eyes Website: https://bigeyes.space/
The Big Eyes Telegram: https://t.me/BIGEYESOFFICIAL
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