Meme coins have become a cultural phenomenon. Dogecoin’s (DOGE) early success meant that this sub-industry in the crypto market would flourish in the coming years. In 2020 alone, many dog-themed cryptocurrencies were launched. Most of them promised to provide value, faster transaction speed, lesser fees and most importantly, they promised fun.
Barring the crypto crash earlier this year, most meme coins have recovered or are on the road to recovery. Dogecoin (DOGE) and Shiba Inu (SHIB) have shown interesting graphs over the last few months. Expert advice: they are going green again, so buy as much as you can!
But there’s a new meme coin in the market that has become the talk of the town: Big Eyes Coin (BIG).
Big Eyes Coin Gets It!
For the longest time, the meme coin market was dominated by dog mascots. It still is in a way because Dogecoin (DOGE) and its rival Shiba Inu (SHIB) refuse to fade away. However, Big Eyes Coin (BIG) is a meme token for all cat lovers, environmentalists and NFT junkies.
To put it simply, Big Eyes Coin (BIG) is a community-driven token that intends to put wealth into the DeFi (Decentralised Finance) systems, while also understanding its part to preserve the natural ecosystem.
Being a community-driven token, Big Eyes Coin token owners take part in the decision-making, future roadmap and overall coin management. The decentralised organisation helps in making better decisions for the community.
Because it will be launched on CEX platforms after its presale is over, the coin owners will be able to enjoy a better UI and easy navigation within the platform.
For Big Eyes Coin, NFTs weren’t by accident. NFTs are an intrinsic part of the coin’s white paper. Big Eyes Coin intends to launch an NFT club and 10 NFT projects for its users. The big-eyed cat will take it to the sea to help save ocean life.
How Relevant Is Dogecoin in 2022?
It is still relevant. Not only because it is the pioneer of the meme coin generation, but also because it is easily a good replacement for Bitcoin (BTC). As Elon Musk once said that he would choose Dogecoin over Bitcoin anyway, simply because of its easy use and relatively less volatility.
In 2022, Dogecoin may be used for payments and purchases, but it’s not a very effective store of value. This is chiefly because there is no lifetime cap on the number of Dogecoins that may be created by mining. It is an optimum coin for day traders.
Shiba Inu Is A True Alt-Coin
An Ethereum-based alt-coin, Shiba Inu (SHIB) was launched in 2020 by an unknown person called Ryoshi with a tagline ‘Dogecoin Killer’. Many crypto investors believe that Shiba Inu can be a good alternative to Dogecoin’s dominance.
Instead of white paper, Shiba Inu’s community likes to call it ‘woof paper’ and is fully run by a dedicated community of users from around the world. Since it is community-driven, owners of the coin determine the future by mutual decision-making.
The Bottom Line
In an otherwise dog-dominated meme coin space, Big Eyes Coin (BIG) is having a fantastic ‘uptober’. The meme token has raised more than $8M in its presale so far and stage five is selling at record speed.
If you are into memes and cryptocurrencies then Dogecoin (DOGE), Shiba Inu (SHIB) and Big Eyes Coin (BIG) should be your go-to investments!
Use the code ‘BEYES306’ to get bonus coins on your purchase.
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