A Meme Coin Rundown: Why Big Eyes Coin, Floki Inu & Shiba Inu Could Be Great 2023 Investments

A Meme Coin Rundown: Why Big Eyes Coin, Floki Inu & Shiba Inu Could Be Great 2023 Investments

2023 could be the meme coin season with many new exciting projects in the pipeline and established meme coins anticipating big things this year. Shiba Inu (SHIB), the second-largest meme coin, has seen exciting developments so far this year that has its supporters relishing what it can do but it isn't even the only one.

Floki Inu (FLOKI) has finally been listed on the US Binance, triggering shockwaves through the crypto sector while Big Eyes Coin (BIG) could be the new meme coin to rule them all.

Shiba Inu's Burn Rate Jumps with Likely Price Hike

Shiba Inu emerged in 2020 with many tipping it to become the next big thing on the meme coin scene. It has grown exponentially and sits high in the CoinMarketCap rankings of top cryptos to buy.

More recently, Shiba Inu (SHIB) has been witnessing massive growth in its burn rate as data from Shibburn revealed that a total of 2,254,093,318 SHIB tokens were sent to dead wallets overnight. As the supply of SHIB tokens decreases, this is likely to trigger an increase in the value of the existing SHIB tokens although it's not yet clear what sort of price predictions could be projected for Shiba Inu.

The expanding influence and positive reception swirling around Shibarium have also benefited Shiba Inu. The Layer-2 protocol was built to run atop the existing Ethereum blockchain and gradually assume control of transactions. Shiba Inu will hope that Shibarium can be a game changer and solidify Shiba Inu as a smart contract hub. Inevitably the SHIB token will naturally benefit from this going forward.

Floki Inu Enjoys Big Price Bounce After it Enters US Binance Listing

A meme coin that will be gathering a lot of attention is Floki Inu (FLOKI) after it was entered into the listings for the American branch of the popular crypto exchange, Binance. This sparked shockwaves as the FLOKI token jumped up by 55% in value within just 24 hours on the 24th of April.

This left FLOKI's market cap at $410 million, a figure not witnessed since February 2022.

Floki Inu is often hailed for its cutting-edge ecosystem which comes with a diverse range of fascinating features. This includes its Valhalla Play 2 Earn metaverse, its hub for DeFi projects known as FlokiFi, an NFT and merchandise marketplace called Flokiplaces, and its University of Floki which offers a comprehensive crypto education platform. There is reportedly a total circulation of 8.9 trillion FLOKI tokens with a maximum supply of 20 trillion and a market capitalization of $335m.

At the forefront of Floki Inu's sharp ascent is its ardent community known as the Floki Vikings.

Big Eyes Coin Could Make a Big Splash Once it Goes Live

Big Eyes Coin has posted the sort of presale numbers that would have its meme coin rivals sweating profusely. Having recorded $35m in sales, Big Eyes Coin's presale has been nothing short of historic. And with just under thirty days left, its presale is set to end with a flourish as it offers a jaw-dropping 300% bonus on BIG tokens using the promo code END300.

Big Eyes Coin's ability to create such an impressive presale owes in part to some genius ideas to entice supporters and investors. This includes friendly competitions promoted online to encourage participation, regular bonus promos to incentivise the purchase of BIG tokens, and the offer of loot boxes which were structured to allow investors to spend without risking financial loss.

For more information on Big Eyes Coin (BIG), please see below:

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