Big Time (BIGTIME), the gaming crypto is standng near a potential breakout. The crypto powers multiplayer action RPG where digital items are made and traded among players.
The game makes use of the BIGTIME tokens for crafting, upgrading, and unlocking exclusive zones. Since being launched on October 13, 2023, the token has seen remarkable growth, from the beginning.
BIGTIME Crypto Price Prediction
Currently BIGTIME is trading at $0.691900 USD, with a 24-hour trading volume of $213,690,694 .It has a market cap of $189,156,358 and ranking of 241 aming all cryptos. It has a circulating supply of 261,503,402 BIGTIME coins and a max supply of 5,000,000,000 BIGTIME coins.
The price is trying to break its S/R zone. if the candle closes above this zone. then it can go further upward.
Several recent events have impacted BIGTIME’s price:
- October 13, 2023: BIGTIME debuted on exchanges like OKX and Coinbase at an initial price of $0.0145 USD.
- October 16, 2023: A surge of 250% was recorded in the first week, reaching $0.32 USD, as the game attracted more players and investors.
- November 10, 2023: BIGTIME announced its preseason launch, introducing the player-owned economy and BIGTIME tokens as the game’s native cryptocurrency.
- December 4, 2023: BIGTIME was featured as one of the potential altcoins to explode in 2024.
- December 5, 2023: BIGTIME reached its all-time high of $0.977359 USD as game hype and popularity soared.
Weekly Price Movement
The weekly price chart indicates a bullish trend since launch, with occasional corrections. Starting the week at $0.434892 USD on December 6, 2023, BIGTIME reached a weekly high of $0.944961 USD on December 9, 2023, marking a 117% increase. A subsequent drop to $0.552507 USD on December 10, 2023, was followed by a recovery to $0.691900 USD on December 13, 2023, concluding the week with a 59% gain.
Factors influencing weekly price movements include positive momentum and hype around the game, strong community support, limited token supply, and market volatility influenced by other cryptocurrencies, particularly Bitcoin and Ethereum.
Future Prospects
The future looks promising for BIGTIME, with key factors contributing to potential price growth:
- Full game version launch in 2024, introducing more features, content, and gameplay.
- Expansion of the player base, with influencers and celebrities endorsing the game.
- Ongoing development of the game’s economy, with more digital items and NFTs adding value to the token.
- Increased integration and adoption of the token by exchanges and platforms, along with partnerships with other gaming and crypto projects.
However, potential risks and challenges include market competition, regulatory concerns, token supply and inflation, and market speculation.
Conclusion
BIGTIME, the gaming cryptocurrency for the multiplayer action RPG Big Time, has experienced substantial growth since its October 13, 2023, launch. While the current price is influenced by various factors, the future outlook is optimistic, driven by the game’s potential for success. Nevertheless, challenges such as market saturation, regulatory issues, token supply, and market speculation should be considered.
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