For all those hoping the meme coin giants, Dogecoin (DOGE) and Shiba Inu (SHIB), might rise again sometime soon, they may not like the news they are about to hear. The crypto markets are in a bearish state, and as the crypto winter hits with its full force, the top dogs are feeling it.
As investors jump ship in the hope of finding a token that can survive the current markets, Big Eyes Coin is breaking the pattern and flying through its presale stages.
The first meme coin to ever come to fruition, Dogecoin has been leading the meme coin market cap ever since its existence. Currently, it is still the 10th leading cryptocurrency on CoinMarketCap, competing with the likes of Bitcoin (BTC) and Ethereum (ETH).
With the help of Elon Musk's Twitter endorsements, DOGE was almost worth $90 billion in market capitalization. Now, just $8 billion to its name. While DOGE is arguably the most trustworthy and popular meme currency, it is showing no signs of prosperity in the immediate future.
When Shiba Inu began burning 20 million tokens a day, many holders of SHIB believed that its value would increase. However, much to their dismay, the price had not risen. At one point, SHIB had a market capitalization of $40 billion. Now, it is at a measly but still impressive $5 billion.
Operating on a deflationary model, in comparison to Dogecoin, Shiba Inu was believed to be a "Dogecoin Killer". However, by the looks of things, this may not happen for a while now.
As Shiba Inu and Dogecoin falter, investors are turning to new meme coins that are released during the crypto winter and are performing well. For instance, many hopped on the Tamadoge (TAMA) hype train as it seemed to be beating all odds during the bear market. However, once released publicly, it soon became clear that Tamadoge was all bark and no bite.
Up-and-coming Big Eyes Coin is quite literally performing as if there was no bear market. By whizzing through presale stages and raising millions of dollars in just a week, the Big Eyes Coin hype only grows. And unlike Shiba Inu and Dogecoin, Big Eyes coin does not need the endorsement of the CEO of Tesla Motors to gain traction.
Although many meme currencies are based on cultural values, Big Eyes has both cultural and real-world value. With a dedicated 5% charity wallet and another 5% marketing wallet, Big Eyes is set to attract the hearts and minds of investors with its cute cat mascot.
This is evident in the performance of the meme token, which since the start of its presale, has raised $7.5 million. BIG tokens are selling fast, and as each stage is complete, the price of BIG increases by 25%. Despite the crypto market, Big Eyes Coin is proving to be a worthy meme coin that has the potential to take off.
Use code BEYES402 for a BIG bonus.
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. 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. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.