With the crackdown on crypto exchanges by the U.S. Securities and Exchange Commission (SEC) and the raid of crypto ATM operators by the police in the UK FTX trial making headlines all week, the crypto world has been holding its breath as it waits for the next regulatory shoe to drop. But despite the expected impact these issues have had on some of the major coins, altcoins such as Big Eyes Coin (BIG), Polygon (MATIC), and Litecoin (LTC) seem to be weathering the storm and riding the waves.
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The feline-themed coin has raised over $27 million in its presale, giving investors more confidence in the integrity and profitability of BIG.
In an announcement on its Twitter page, the community was informed that the #BigEyesTattoo competition had been pulled down for the time being to allow for more clarity and room for personal choice, but the cat crew community is in for a lot of exciting opportunities from the cute currency.
Polygon on a steady rise
Polygon is changing hands for $1.27, a price that has gone up by 2.42% in the last 24 hours with a trading volume of $646,194,868 USD. In addition, it has a current market cap of $11,080,661,967, which places it at number 10 on the CoinMarketCap ranking.
The dominant Layer-2 blockchain has grown by 67% since the year started as the cryptocurrency market continues to slowly recover from the protracted bear market of 2022.
The growth of Polygon has been attributed to strong fundamentals, and it is believed that its native token, MATIC, may reach $1.50 before the month of February ends.
Price prediction: Can Litecoin break through to $100?
Litecoin is making a comeback to the market after turbulent times, reaching a low point of $50 in the last quarter of last year compared to an all-time high of $156 in 2021. The current price at the time of writing is $97.47, with a 24-hour trading volume of $644,731,883 USD.
It has held strong at $97, and analysts believe this is a good indication that it could see itself rise past $100 in another week or less.
LTC is ranked #14 on CoinMarketCap with a live market cap of $7,036,788,810 USD. It has also been described as the second-most popular pure cryptocurrency after Bitcoin due to its practicality and lucidity. In an effort to provide a service with lower transaction costs and energy consumption than Bitcoin while still expediting transactions, the currency entered the scene in 2011.
Litecoin is one of the most widely used cryptocurrencies, and more than 2,000 stores and enterprises worldwide now accept it.
FInd out more about Big Eyes Coin (BIG)
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Twitter: https://twitter.com/BigEyesCoin
