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- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
Meme coins are called the jokes of the meme sector. But they have proven that they offer more utility for the past few years. Today, meme coins have become one of the best assets to purchase in the coin market. But it would help if you were careful when purchasing any of these tokens. Only some of these projects are reliable. So, what are the best meme coins to give you 5x growth? Keep reading to learn more.
Safemoon is a meme coin that faced plenty of criticism many years ago but has also maintained its relevance. This token represents the category of meme coins without any real utility. According to Safemoon's whitepaper, its developers designed it to encourage long-term investment in the coin market and discourage mindless selling. Safemoon prevents users from selling their tokens by charging a 10% fee on any sale. Half of this fee will be contributed to the liquidity pool. This is one of the ways the platform maintains its prices.
Shiba Inu is one of the most famous tokens worldwide. This token was designed solely to be a replacement for DOGE. To date, it has done a fairly good job at this. Shiba Inu thrives by replacing all the deficiencies of Dogecoin. Shiba Inu was designed on the Binance Smart Chain because of its additional speed. SHIB powers this decentralization protocol. SHIB is a BEP-20 token. You can identify Shiba Inu as SHIB on several crypto exchanges.
Unlike Dogecoin, Shiba Inu has a centralized platform that can be used to host projects. There are already some impressive projects on Shiba Inu, including Pancakeswap. This token is powered by three tokens: LEASH, SHIB, and BONE. However, SHIB is the leading coin on this platform. Shiba Inu runs on a deflationary system. This system gradually reduces the number of tokens in the project. Vitalik Buterin has already burned 50% of the token supply.
Both projects mentioned earlier on are reputable meme coins. They have stayed on the coin market for many years. As a result, they have proven their reliability to traders. On the other hand, Big Eyes is a relatively new meme coin. However, it has shown that it has enough promise to make it to the top. It may just be the next giant of the meme sector. But why do experts feel confident about Big Eyes?
The first thing to note about Big Eyes is that the meme coin takes a completely different approach from other projects on the coin market. Its developers have created a detailed roadmap on how the cryptocurrency will grow. While the most popular names on the coin market have chosen a dog theme, this cryptocurrency has chosen a cat theme. This would attract a new type of trader into the coin market – cat lovers. However, Big Eyes is not only meant for cat lovers. The developers of this cryptocurrency have outlined their intentions to transfer DeFi wealth to traders.
Big Eyes will join an exclusive list of cryptocurrencies that can be used to mint NFTs. In the early stages, Big Eyes will only be used to mint a few NFTs. As the number of Big Eyes NFYs grows, more users will be endeared to the market. Big Eyes takes care of its users by offering them a centralized marketplace where they can sell their NFTs. This centralized exchange will allow users also to swap digital assets. BIG is the native token that powers this blockchain. You'll pay BIG to mint NFTs. It'll also be used to settle transaction fees. If you like this project, here is a promo code Ocean133 to win free tokens when purchasing BIG.
