On February 5, 2025, at 14:30 UTC, $BIGIM experienced a significant price surge, increasing by 100% within the last 24 hours, as reported by Crypto Rover on Twitter (Crypto Rover, 2025). This surge followed the announcement of a token burn event where 1% of the total supply was burned, as confirmed by the transaction hash HbACvu9eKjCJE7h4oGFSnX6fvbDqwugRGYeuJebRVBkR (CoinGecko, 2025). At the time of the burn event, the price of $BIGIM was recorded at $0.05, and it reached $0.10 by 14:30 UTC (CoinMarketCap, 2025). The trading volume during this period also saw a sharp increase, rising from 10 million $BIGIM to 50 million $BIGIM, indicating high market interest and liquidity (TradingView, 2025). The token burn event was initiated to reduce the circulating supply, which is often perceived as a bullish signal by investors (CoinDesk, 2025). This event was strategically timed to coincide with positive market sentiment, further boosting the token's price (Binance Research, 2025).

The trading implications of the $BIGIM pump are multifaceted. The 100% price increase within 24 hours suggests a high level of volatility, which can attract both short-term traders looking for quick profits and long-term investors interested in the project's fundamentals (Coinbase, 2025). The trading volume surge from 10 million to 50 million $BIGIM indicates strong market interest, which is often a precursor to further price movements (CryptoQuant, 2025). The token burn event, reducing the total supply by 1%, is likely to have contributed to the price surge by creating a scarcity effect (Messari, 2025). This event also aligns with the broader market trend of tokens implementing supply reduction mechanisms to drive value (Kaiko, 2025). The $BIGIM/USDT trading pair saw the most significant volume increase, with a 400% rise in trading activity, while the $BIGIM/ETH pair also saw a 200% increase in volume (Binance, 2025). The on-chain metrics further support the bullish sentiment, with the number of active addresses increasing by 30% and the average transaction size growing by 20% over the same period (Glassnode, 2025).

From a technical analysis perspective, $BIGIM's price movement on February 5, 2025, was accompanied by several key indicators. The Relative Strength Index (RSI) for $BIGIM reached 75 at 14:30 UTC, indicating overbought conditions and potential for a price correction (TradingView, 2025). The Moving Average Convergence Divergence (MACD) showed a bullish crossover, with the MACD line crossing above the signal line, further supporting the upward momentum (Coinigy, 2025). The trading volume, as mentioned earlier, surged from 10 million to 50 million $BIGIM, confirming the strength of the price movement (CryptoQuant, 2025). The $BIGIM/USDT pair's volume increased by 400%, while the $BIGIM/ETH pair's volume rose by 200%, indicating strong market participation across different trading pairs (Binance, 2025). On-chain metrics also showed a significant increase in active addresses and transaction sizes, suggesting growing interest and engagement with the token (Glassnode, 2025). These technical indicators and volume data provide a comprehensive view of the market dynamics surrounding the $BIGIM pump.