- Big Time (BIGTIME) token surges >60%, defying broader market downturn
- Inclusion in Binance’s ‘Vote to List’ event cited as likely catalyst for pump
- Elliott Wave analysis suggests current pullback (Wave 4) may precede next leg up
While Bitcoin and other top cryptocurrencies bled or consolidated following recent tariff news, the token for blockchain game project Big Time (BIGTIME) surged over 60% in recent hours.
A significant portion of its trading volume (37%) is concentrated on South Korea’s Upbit exchange, with 18% on Gate.io. At press time, the coin traded near $0.60.
Binance ‘Vote to List’ Inclusion Seen as Catalyst
One likely reason for Big Time’s surge is its inclusion in Binance’s latest “Vote to List” event. Big Time confirmed on X its participation, allowing Binance users to vote for projects they want listed.
This is the second batch of Binance’s Vote to List initiative, featuring Big Time alongside projects like UXLINK, Morpho, Grass, Aethir, Walrus, Safe, and Zeta. The announcement garnered community support, with one user writing, “great to see big time getting the recognition it deserves, voting now.”
Big Time is already listed on major exchanges, including Coinbase and Upbit. Some observers suggest its current market value leaves room for growth as it gains visibility.
Technical Analysis: Elliott Wave Points to Next Move
According to analysis attributed to Crypto Stat, Big Time appears to be following an Elliott Wave pattern. The uptrend reportedly began with a Wave (1) breakout from consolidation, followed by a Wave (2) pullback. Wave (3) represented the strongest phase with sharp gains and high volume.
Related: Analyzing TRUMP Token Weakness: Unlock Pressure and Market Doubts
The market is now considered to be in the Wave (4) correction phase, typically a shallow pullback retracing part of Wave (3). A crucial support zone aligns with the 0.618 Fibonacci retracement level, identified as a common area where bulls may re-enter. Holding support in this key Fibonacci region could set up a strong Wave (5) push upward, potentially reaching new highs.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
