The implementation of the Shanghai Upgrade has played a role in the increasing attention towards Ethereum, which holds the position of the leading Alt Coin. As a result, its price movements have an impact on the wider AltCoin Market. This trend has been identified by professionals as the beginning of Alt Season for the current year.
Our team has compiled a list of noteworthy Alt Coins that should be on your radar, such as Ethereum, XRP, and the upcoming Big Eyes Coin. The latter will conclude its presale on June 3rd, and users can still avail themselves of the opportunity to win attractive rewards before it ends.
Ethereum Gears Up For Shanghai Upgrade
Despite being the second-largest cryptocurrency and the largest Altcoin in terms of market value, Ethereum (ETH) is currently in the spotlight due to the highly anticipated Shanghai upgrade, a hard fork. The upgrade will enable users to withdraw staked Ether from December 2020 and will finalize Ethereum’s transition to the proof-of-stake mechanism. The cryptocurrency has experienced a significant surge in value, reaching an eight-month high of $1.8k, surpassing Bitcoin, and further rising to 1.9.
However, the price increase was short-lived, leaving doubts about whether the upgrade would have a positive impact on Ether’s value. Additionally, not all 18 million staked ETH can be withdrawn immediately, and not all of it will remain unstaked for long. This could lead to an influx of users attempting to sell their staked ETH, causing concerns among some investors. Nevertheless, the Upgrade may prove beneficial for Ether in the long run.
XRP Experiences 4-Week Rally
XRP, which is typically utilized for global transactions, has experienced a surge of approximately 40% over the last four weeks, surpassing the performance of Bitcoin. According to Kaiko, a crypto analyst based in Paris, this could be due to the influence of retail investors. Ali Martinez, another analyst, has speculated that if XRP were to end up around the crucial level of $0.54 and maintain its current momentum, it could see a significant price surge of up to 47%. Nevertheless, trading for the currency remains unpredictable due to competition from other cryptocurrencies.
Presale For Big Eyes Coin Ending Soon, Launch Approaching
Big Eyes (BIG), an upcoming meme coin featuring feline memes, has announced the conclusion of its presale, which spanned 13 stages. This has been the most significant presale for a meme coin in two years, having generated an impressive $33.5 million.
The cute meme coin has generated significant buzz with its innovative and user-centric features. To illustrate, BIG coin users are not subjected to buying and selling taxes when transacting, and upon its launch, 80% of the coin’s initial supply will be locked in a liquidity pool for two years. Additionally, 5% of the BIG coin collection will be allocated to a charity wallet that will provide support to ocean sanctuaries.
Moreover, Big Eyes have introduced the Lootbox Scheme, allowing users to purchase Lootboxes to win random rewards worth more than the Lootbox’s price. The scheme has recently been combined with a card collection that can be minted as NFTs.
Our team suggests taking advantage of BIG’s final offer before the launch itself, which has a high ROI. For a limited time, users can win a bonus of up to 300% if they purchase BIG or Lootboxes using the code END300. An unmissable offer, indeed!
The Last Say
As we approach the much-anticipated Shanghai Upgrade, Ethereum is currently in the limelight. Despite this, there are doubts about whether the Upgrade will significantly impact its price. Meanwhile, XRP has been on the rise and could experience a substantial increase, although it is still facing stiff competition from other cryptocurrencies. Investors can also turn their attention to Big Eyes Coin, which has made significant progress in its presales. BIG has exciting and user-friendly features, making it the meme coin to watch out for in the upcoming Alt Season, with limitless rewards for its users.
Find out more about Big Eyes Coin (BIG):
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
