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Recent dramatic changes in the cryptocurrency market have given investors a better idea of how surprising the market can be when least anticipated.
As US regulators were looking to better their actions against cryptocurrency, the surge in the market on Wednesday was least expected.
In addition, while proving negative speculations and predictions wrong, the market has been performing extraordinarily making Bitcoin, Floki Inu, and Big Eyes Coin reach a new high.
Bitcoin Makes a 6-Month Record
Bitcoin, the most renowned cryptocurrency in the market reached a new high of 9.39% on Wednesday making its value cross 24,000 USD.
The market, on Wednesday, started the trading price for a Bitcoin at 22,220.59 USD. This was a major decline that the trading price of Bitcoin had witnessed.
Although the price of the asset was down, it was strongly expected that the price of the asset would surge significantly.
The value did plunge a little but it stepped up again and concluded the trading at 24,307.84 USD, the highest since August of 2021. On Thursday, Bitcoin managed to increase by 11%.
While commenting on this Galaxy Digital CEO Mike Novogratz stated that it won’t come as a surprise if Bitcoin manages to hit 30,000 USD this quarter.
In Addition, many crypto experts have speculated that Bitcoin might end up reaching the 30,000 USD objective sooner than expected.
As the New Year had begun, the analysts had not expected much in favor of Bitcoin. Surprisingly, things turned out to be much opposite to the expectations.
The trading price of the asset started to experience a major boost at the beginning of 2023. The price of the asset pumped to higher levels and for the first time in several months, it was able to hit the $23k mark.
It was back in November when BTC had gotten close to $23k and as for the $25k mark, BTC had reached the level back in August 2022.
Fortune Decides To Stand By Floki Inu
Founded in 2021, Floki Inu, a meme-themed cryptocurrency makes remarkable progress of 62.25% on Wednesday.
This shouldn’t be surprising as Floki Inu joined hands with the Million Gardens Movement founded by Kimbal Musk, brother of Tesla CEO Elon Musk.
On Wednesday Elon Musk uploaded a picture of his dog posing as the new CEO of Twitter. Not long after posting the picture, it became the talk of the town in the meme-coin market.
It resulted in Floki Inu getting the most out of the build-up caused by Elon Musk himself.
Aside from Musk’s tweet, being listed by Kucoin as the most famous coin also added fuel to fire in Floppy Inu’s increasing fame.
This will allow Floppy Inu to get exposure to 27 million users and 207 countries on the network. These factors acted as a booster in Floki Inu’s journey and it continues with a rise of more than 90% in 24 hours.
Big Eye Coin’s “Big” Offer For Investors
Big Eye Coin, like other well-known coins in the market, has also been benefitting from the recent amazing transformations of the crypto market.
Big Eye Coin is a cat-themed meme coin, and even though it has not been launched yet it has faced a significant rise in trade.
The presale accumulated more than 1 million USD in a day, leading the sum to 27.4 Million USD. As a treat, Big Eye Coin announced a 200% bonus for those who will use the LAUNCHBIGEYES200 code.
This offer wasn’t available to be redeemed for long as the deadline was 4 days after the announcement.
After coming to the knowledge of this offer, crypto enthusiasts didn’t waste much time to make room for many kittens in their wallets.
With the goal of protecting Marine lives, Big Eye Coin is playing its role in changing the way the crypto market can be revolutionized.
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