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- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
In an unexpected turn of events, the crypto market exceeded the expectations of many sceptics by performing considerably better than it was supposed to. Historically, winter has never been the best time for riding the bull wave, and with the current macroeconomic environment, little hope was for the market to make a U-turn. However, against all odds, the crypto market maintains its position, hovering above the $1 trillion mark, an increase of almost $250 in total market capitalisation compared to the end of 2022.
On the back of this news, several projects responded positively to the growing sentiment among the investors, who indicated with their wallets that the crypto flock is anticipating a bull run. One such is the Big Eyes Coin project, which is currently on the way to recording one of the best presales in recent history. Welcome to today's editorial, where we will look at the success of this daring project and consider the prospect of Dogecoin and Shiba Inu remaining in the green territory. Let's dig in.
What started as a joke in 2013 by two developers, Billy Marcus and Jackson Palmer, grew into one of the most beloved communities in the crypto domain. At the time of writing, this mem token comfortably occupies a rightful place among the top 10 cryptos by market capitalization and has no plans to give up its position. Unlike most of its competition, Dogecoin's services are not dispersed between different services. Instead, they focus on symbolising the Dogecoin community as the Internet currency for everyone to enjoy.
If you are looking for an open-source, peer-to-peer crypto that utilises blockchain technology, a highly secure decentralised system of storing information as a public ledger, then look no more, as Dogecoin perfectly fits the bill. And while everyone is waiting for Elon Musk's announcement on what cryptocurrencies should become part of Twitter, there is a good chance that the current upward trend will continue.
Unlike Dogecoin, Shiba Inu believes in the community around the project and is ready to continuously expand its additional services to stay on par with trends. Initially started as a rival to Dogecoin, Shiba Inu grew into so much more than a meme token, currently spawning various services. Most notably, it offers staking services to anyone willing to test the DeFi waters. However, if you are more into flipping and minting JPEGs, then Shiba Inu allows holders of SHIB to capitalise on the growing market of NFTs. If you are into dog-themed tokens and meme coins, SHIB should be on your radar, as if Dogecoin continues its trip up north, then SHIB will inevitably follow in its older brother's footsteps.
Despite doubts of multiple sceptics, Big Eyes Coin has been smashing its presale game across the board. What started as another meme coin quickly flourished into a vibrant community around the project, where the presale goal of $50 million does not look too far-fetched. At the time of writing, the project has amassed more than $23.5 million and judging by the pace it has accumulated in 2023; it has no plans to stop any time soon.
As with any meme token, its most vital traits are hidden in the loyalty of its community, and with Big Eyes Coin, the community seem not to get enough of the project's mascot, cute anime-inspired cat. The last time the crypto flock so adored the project happened around the time Dogecoin was incepted. All things considered, Big Eyes Coin has its eyes on the $50 million prize. Be sure to check it out. However, please always do your own research before purchasing anything on the crypto web.
