In the past month, the crypto market has been slowly crawling from the bear pit, and, at the time of writing, it is comfortably trading above the $1 trillion mark. Many feared winter would not be kind to the top-tier cryptos, but against all odds, the market is finally making a U-turn. On the back of this news, several crypto projects, driven by the positive sentiment among the investors, have recorded some impressive results, each in their own domain.
Dogecoin anticipates news from Elon Musk confirming that DOGE will finally be the social network’s official payment method. Polygon is on the bull run of a lifetime, exceeding expectations on every front. Meanwhile, Big Eyes Coin breaks another presale record and looks to secure its place among the crypto elite very soon. In today’s editorial, we will find out why the aforementioned projects should be on your radar in 2023.
Dogecoin: Soon To The Moon
The OG meme coin has long been a personal favourite of the world’s wealthiest man, who has expressed public support for the project on many occasions. While DOGE, a Dogecoin native token, has been around longer than Ethereum, it failed to capture its original magic in the past couple of years. However, the project initially developed by Billy Marcus and Jackson Palmer stands at the point of achieving absolute greatness, with the DOGE price skyrocketing into the stratosphere, albeit under one condition. Since taking over Twitter last year, Elon Musk has looked into different ways of monetizing the failing social network. One such method entails enabling crypto payments, where DOGE can play a prominent role in becoming the flagman payment method for Twitter. If this finally happens, the sky is the limit for the Dogecoin family, so all eyes are on Elon.
Polygon: A Bull Ride In The Bear Market
While most cryptos have been doing great in the past month, there is an undisputed champion among the top-tier cryptocurrencies. Polygon, with the project’s native token MATIC, has been up by more than 50%, leading the crypto flock towards salvation from the bear market. MATIC is the tenth-largest cryptocurrency by market capitalization at the time of writing, with a total value of $10.6 billion, which is a fantastic result given the metrics of the crypto winter. Polygon is a sidechain that runs in unison with the Ethereum blockchain. It seeks to improve on its counterpart by offering faster transactions and lower fees and serves as a platform for interoperable blockchains. If you are into a layer-2 scaling solution, Polygon should be on your radar during this time of the year.
Big Eyes Coin: The King Of Presale
This daring meme coin project exceeded the expectations of many crypto enthusiasts by launching a massive advertising campaign to promote its brand. While its start was quite shaky, Big Eyes Coin achieved some impressive results at the time of writing. Its 9th presale stage has amassed almost $21 million, and the project plans to maintain its current pace. Meme coins have been continuously rising during this bear market, bringing much hope and joy to the HODLers of BIG, the project’s native token. If you are into cute cats and the community around them, Big Eyes Coin should be at the top of your list. Always however do your own research before purchasing any cryptocurrency, even if it is a prominent one. Happy trading!
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Source: https://www.thecoinrepublic.com/2023/02/02/dogecoin-wants-to-join-twitter-polygon-is-up-by-50-and-big-eyes-coin-smashes-its-9th-presale-stage/