The Cryptocurrency market has been quite unstable in the last few weeks, leaving many traders wondering where the best opportunities lay. This has caused the development of both existing and emerging projects to slow down, while the market waits for something to ignite the interest of traders again.
Big Eyes Coin (BIG) has been doing well in its pre-sale. The memecoin project raised $1 million in the first week and managed to keep that momentum going through seven rounds. Although the pace has slowed down due to market irregularities, it is still the most promising new project currently available, so it would be wise to keep investing in the token.
In other news, OKX has encountered problems with its cloud providers, which have suspended most of the platform’s services until they can be resolved. This is one of the worst times for a cryptocurrency exchange to experience issues that could lead to withdrawals being delayed. All exchanges are being closely monitored, and Binance recently faced the heat after they stated they were resolving an issue with equipment in HK Zone Use C Alibaba Cloud. OKX developers have already contacted their cloud provider to tackle the problem.
While some tokens can be withdrawn again, the value of OKB, the native token of the network, has decreased.
OKB Token
OKB is a utility token on the OKX cryptocurrency exchange which offers several benefits to traders. Depending on how many OKB tokens you have, you can be eligible for discounts and earn interest on them. The token is also subject to a “Buy and Burn” Mechanism, which reduces its supply and adds value to its holders.
OKX originated from OKCoin in 2017 as a specialized cryptocurrency trading platform. According to CoinMarketCap, OKX is among the top 10 cryptocurrency exchanges with a good trust score and daily trading volume of hundreds of millions of USD.
Big Eyes Coin (BIG)
