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Big Eyes Coin Could Outdo Dogecoin And Shiba Inu Competition

Written By : Market Trends

Dogecoin(DOGE) was the breakout memecoin for the cryptocurrency market. Dogecoin was created in the bitcoin era, when cryptocurrencies couldn't do more than transfer assets. It proved to be a success, and the crypto community quickly accepted the coin as a meme of the situation in the crypto landscape as of then.

Source: Kanchanara

According to Billy Markus, the creator of Dogecoin, the cryptocurrency was created within two hours in 2013 to make jest of the process emerging cryptocurrencies of that time were using. Most of them were copying bitcoin's source code and changing the name, so Dogecoin did just that.

The blow-up for Dogecoin was in 2020, and it quickly inspired a spiral of several other dog memecoins. Several memecoins were launched daily, and only a few lasted some time. It was a bubble. Shiba Inu(SHIB), another DOGE-inspired memecoin, launched in 2020 and was termed the DOGE killer. It quickly became a thing of rivalry for Dogecoin and Shiba Inu(SHIB) communities as SHIB continued to grow rapidly to catch up with Dogecoin's market value.

Both memecoins have obvious differences, considering Dogecoin came from an era when all it could do was asset transfer. It became such a healthy competition to help the market grow.

Big Eyes Coin (BIG) has emerged as a new memecoin that could outdo both Dogecoin(DOGE) and Shiba Inu(SHIB). As such, it could be a smart buy at the moment because it's currently on presale.

Shiba Inu (SHIB)

Source: freepik

Shiba Inu(SHIB) is a memecoin inspired by Dogecoin as they both have the "shiba inu" Japanese dog breed memes. SHIB was created by an anonymous person named Ryoshi. More like the Satoshi Nakamoto situation; nobody knows who it is. The token brewed several controversies and concerns amongst investors and the crypto space when it was launched.

Vitalik Buterin, the creator of Ethereum, received a very sizable amount of the supply when it launched, and he donated to an Indian COVID-19 relief. The donation was worth over $ 1 billion at the time, and the incident saw the price of SHIB skyrocketing.

Shiba Inu was created on the ethereum blockchain, so it fully exercised its advantage over Dogecoin(DOGE) to grow quickly. The community aimed to surpass Dogecoin's market cap, which eventually happened in November 2021. Looking back at those events, that was the bull market's peak, and then everything came crashing back down afterward. And Shiba Inu also fell back below Dogecoin.

Big Eyes Coin (BIG)

Big Eyes Coin (BIG) is a new cat-inspired memecoin that looks to be original and create a community as strong as pre-existing ones to conquer the market. The memecoin's main aim is to help its community make money via its DeFi ecosystem.

However, they will get to that point by pushing the right narrative and cat memes. Also, the memecoin is launching at a time when the strength of the NFT marketplace can be used to push a memecoin.

An NFT-endorsed cryptocurrency, ApeCoin(APE), already exists, and it does strengthen the viability of the model. Big Eyes Coin is particular about the cat memes being as cute as possible and is looking to catch the eye of the NFT space, cat lovers, experienced crypto users, and top influencers. The team's experience with marketing would come into play to engineer a huge event like an airdrop that could send the token's value flying high when it's launched.

Big Eyes Coin has other plans that include contests, events, charity, etc., and many other activities as voted by the community. Big Eyes Coin (BIG) is on presale, and it's going for a steal. It's at the lowest price possible for anyone, so it could be a smart buy to get on this early and ride the trend up into profit. Join the presale now!

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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