Can Surging Meme Coin Platform Big Eyes Coin Chase Down Crypto Market Toppers Dogecoin And Shiba Inu?

Can Surging Meme Coin Platform Big Eyes Coin Chase Down Crypto Market Toppers Dogecoin And Shiba Inu?

It's been widely reported that meme coins were started as a joke, inspired by popular memes on social media and websites. However, in recent years meme coins have defied fintech analysts by giving investors an impressive opportunity to improve their portfolios.

By increasing market capitalization year on year, meme coin platforms Dogecoin (DOGE) and Shiba Inu (SHIB) have set the scene for new trailblazers like Big Eyes Coin (BIG). The meme token market however suffers from an increasing level of volatility compared to cryptocurrency staples like Bitcoin (BTC) and Ethereum (ETH), so consistency is paramount.

Creating a strong community around your platform concept can really help with the volatile nature of the market, rising stars Big Eyes Coin have proven they have a stake in the future of the meme coin market by raising over $22m (£18.2m) throughout its presale stages.

Dogecoin Soaring

Back In December 2013 Jackson Palmer and Billy Markus created a payment system for a bit of a laugh, then suddenly they stopped laughing and instead started making money. The two software engineers started by making available 100bn DOGE and decided to call the process digging, because you know, dogs do that.

They enjoyed instant success, with an overnight market value of close to $8m (£6.5). As with many memes on the internet, their popularity began on Reddit, but it seems that other social media platforms could play a different role.

Space X, Tesla, and Twitter CEO, Elon Musk, has not withheld his praise for Dogecoin in the past. According to a Financial Times report, Musk may be looking to add a payments system to the social media site Twitter. These reports have caused an impressive gain for Dogecoin, with an increase of 10% in the last week, which pared to 7% by the end of the day.

Shiba Inu Developing Shaibarium Blockchain

Professed to be the 13th-Largest Crypto Shiba Inu boasts a near $7bn (£6.2bn) market capitalization, Shiba Inu is definitely a contender for the long term, many even suggesting that it's not just the memes that are making the difference.

Shiba Inu developers are also staying busy, with plans for its "Shaibarium" layer-2 blockchain platform. Sitting on another network Ethereum, aiming to develop its ecosystem and increase its gains from the previous year.

In a blog post, the developers state: "We are approaching the finishing touches for Shibarium's Beta and its imminent launch, patience is key, and some see Shibarium as a price pumping tool, but that is not the project's focus and never has been."

Open Your Big Eyes To Meme Coins

With the main players pushing forward, we also see the young guns coming through. Big Eyes Coins (BIG) have many analysts suggesting they have the largest crypto presale portfolio in the past two years.

The community-led meme coin uses decentralized technology, allowing those across the internet to connect, informing them about crypto-related information and our feline friends. They also give the option of charity wallets saving oceans and increasing investment in sustainability.

With charity wallets and interconnected platforms, Big Eyes Coin is here to help and assist green-led organizations as well as NFT development. They are working towards giving their participants the cutest content they'll ever need.

If you decide to invest in Big Eyes, use the promo code LAUNCHBIGEYES200, which gives you a 200% increase in anything you decide to put your money into. That code expires on 3rd Feb! Use it now!

 Within the crypto sector innovation is key, especially when increased volatility is an issue, collaboration and keeping an eye on developing trends may determine the winners from the losers, and the gains from the losses.

This industry may have started out as a joke, but meme coin investors may be laughing for different reasons, who will have the last laugh? Keep your eyes on the market, you never know when a cute kitten might shoot up the leaderboard.

 Big Eyes Coin (BIG)

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