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- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
Many on Reddit and other cryptocurrency forums would argue that the only cryptocurrency worth investing in would be Bitcoin (BTC) and or Ethereum (ETH). However, they couldn't be further from the truth. Yes, BTC reigns supreme with the highest valuation in 2023 at $28,064.60 which is then followed by Tether Gold (XAUT) at $1,984.67. ETH comes in at number four with a valuation of $1,816.69.
The real money to be made is with Meme Coin which is a form of crypto and a joke all wrapped into a lucrative package that can translate into real-world fiat. One of the most popular and well-known meme coins is Dogecoin (DOGE). DOGE started off as a mockery of BTC with no real valuation. However, it was a very real cryptocurrency that was supported on a blockchain. With support from the community and celebrities such as Mia Khalifa and Elon Musk, the coin gained popularity which then translated into a very real valuation.
As of April 3, 2023, DOGE was valued at $0.077 and as of today is valued at $0.098 which means that the meme coin appreciated by 35% in the last 24 hours. The cause behind this spike in valuation is Elon Musk, Twitter, and DOGE. The Twitter icon has been replaced by the DOGE meme.
Let's just say that they are so good that Vitalik Buterin, the founder of ETH most likely has DOGE in his crypto portfolio especially when we consider the fact that ETH only increased in value by 0.9% in the last 24 hours.
The second most popular Meme coin followed by DOGE has always been Shiba Inu (SHIB) which is also true in its valuation as it rides on the coattails of DOGE. As of April 3rd, the token was valued at $0.00001068 and as of today, its valuation is $0.00001135 due to both DOGE and SHIB having the Shiba Inu dog as their mascot. However, the token has more going on than just a similar mascot to Doge.
Previously investors have raised concerns regarding the ample supply of SHIB in circulation. The Shiba token burn was initiated by the Shiba Inu development team and was implemented in 2021. Several rounds of burns have been completed and have been well received by the community as it is a positive in the right direction of creating a more sustainable and valuable cryptocurrency ecosystem.
The SHIB community is quite active and has proposed a decentralized exchange (DEX) and automated market maker (AMM) for SHIB and other meme cryptocurrencies called the Shibarium which also happens to be a layer 2 solution. Once the Shibarium goes live, experts have predicted the SHIB price to increase to $0.00015. It's clear to see that the meme coin has more going for it when compared to DOGE apart from its valuation.
Meme coin utility is very much a real thing and it never hurts to have another. Big Eyes Coin (BIG) plans to set itself apart from the big dogs by being a Cat. A cat meme token does not exist within the crypto-verse and this explains why the crypto community was so quick to get behind the cuteness that is Big Eyes.
The yet-to-be-released token has done so well that it has managed to raise almost $33 million in presale funding. Once the presales have completed $50 million in funding the coin will go live and the presale bull rush is very much active at this moment. Those looking to take advantage and invest during the presale should apply to the cost BULLRUN250 during checkout. The Code will enter participants into a draw where two winners will each be given $100k. Feel free to visit Twitter for additional details regarding the giveaway.
Big Eyes Coin (BIG)
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
