Since its launch a couple of days ago, BIGTIME coin price has been making headlines in the crypto communities. The multiple tier 1 exchange listings have put it on the radars of crypto traders. The excitement around the project is also evident from the social media posts, as it has become one of the top trending coins of this week.
On Friday, the BIGTIME token is having a pullback. The coin fell 13% after a positive price action in the past few days. Many traders took the opportunity to load their bags, considering it undervalued around the $0.20 level. However, there are a few things worth considering before investing in the project.
Big Time is a multiplayer RPG game with a crypto economy where players can exchange their in-game assets. BIGTIME is the native asset of the Big Time game, which can be earned by playing the game. The project became prominent in the 2021 crypto bull run as the play-to-earn games saw a massive influx of fresh capital.
Coinbase Announces BIGTIME Listing
In a major development, the Coinbase exchange announced the listing of the BIGTIME crypto token. This is a significant achievement for the project as very few projects make it onto the Coinbase, which is the biggest US exchange.
The coin has also been listed on many other exchanges like BingX, Bitgert, OKX, and MEXC. It can also be traded on the decentralized exchange Uniswap. A Binance listing could also be around the corner, as the exchange has already listed the Perpetual Contracts for the coin. BIGTIME coi price stands at 0.237 at press time.
BIGTIME Coin Price Prediction
The latest analysis reveals that there has been a massive increase in the trading volume of BIGTIME on all exchanges in the past 24 hours. The increased trading activity can be attributed to the announcement of the Coinbase listing.
The following chart of the coin shows that there is a strong demand below the $0.20 level, which resulted in a strong bounce today. BIGTIME price prediction is looking bullish at the moment as there is an increasing interest among the traders to gain exposure to the project.
Considering the 5 billion total supply of the coin, a $1 price target seems a bit too far. However, it may become possible if the current circulating supply of the coin happens to be very low.