Your 101 Guide to Meme Coins. How To Be a Crypto Millionaire By Investing In Big Eyes, Floki Inu, And Dogecoin?

Memes are quite fun, aren't they? Short texts and small images that fill you up with laughter and joy. Meme coins are quite similar to memes on that note; less technical cryptos that fill your life with joy, good times, and most importantly, profits, if chosen right.

There are a ton of meme coins out there that you can choose from if you're into the idea of digital investment. But do you know the exact purpose of your meme coin? And how to become a crypto millionaire by investing in meme coins like Big Eyes Coin, Shiba Inu (SHIB), and Dogecoin (DOGE)? This is where your questions will be answered.

Introduction To The Concept Of Meme Coins

Meme coins are cryptocurrencies that are purely based on a light topic. Dogecoin was inspired by the Shiba Inu meme. Big Eyes are inspired by the cuteness of cats. Floki Inu is inspired by, well, Elon Musk's pet dog. These coins are for light-hearted investors who are good at spotting and jumping on trends. According to the data collected by BitinfoCharts, currently, there are 582 wallet addresses that are Dogecoin millionaires. According to the same data, there are more than 3000 people who have Dogecoins that are worth $100,000 or more. And we are only talking about one meme token here!

Let's be blunt here, do you really think people are investing their hard-earned money in Dogecoin because they like the Shiba Inu meme? no! Most investors invest in meme coins to take advantage of the hype and see their initial investments double, triple, quadruple! – Simple and sensible.

However, this begs the question, how do you know which meme coins are worth your money? Can you invest in meme coins like Big Eyes, Dogecoin, and Floki Inu and actually expect to be rich?

So: How To Be A Crypto Millionaire By Investing In Meme Coins Like Big Eyes, Dogecoin, And Floki Inu?

Each meme coin is unique. Every meme coin has its own community and its own special way of managing and engaging with its community. Essentially, giving rise to a demand and supply curve that is unique to each said project.

We have all heard that it is generally a good idea to buy the dip and HODL your investments. However, this is the oldest trick in the book. Why not delve deeper into the coins and see which investment strategy actually works for each unique coin?

Big Eyes Coins (Big): Buy Right Now For Better Returns

Big Eyes coins are in their pre-sale stage right now. Hence, they are available at a relatively low price. However, are they worth it? Well, they have raised $32.52 million in presale till now and are continuing to go strong. Maybe, come to think about it, they are. The best way to check if they will continue to increase in value is to read their roadmap and understand the novelties that they bring to the table.

Investors are in love with Big Eyes because this is one of the only projects that does not charge you any buy or sell tax. They do not levy any transaction charge in their ecosystem. Moreover, BIG has also proposed to initiate a liquidity lock for 2 years after its launch while continuing its marketing efforts. Hence, the demand continues to increase while the supply remains constant, ultimately resulting in an increase in their prices.

Oh wait, they also have a concept of loot boxes, wherein, you stand a chance to win rewards that are 250% of the price of a loot box. Hence, if you are looking for an early entry, Big Eyes are THE choice. You can even use the code 'Bullrun250' to enjoy a 250% bonus on your presale subscription.

Dogecoin: We Are All Waiting For The Dip

Dogecoin made thousands of millionaires when it peaked in the middle of last year. Some cashed out and enjoyed the money, the rest HODLed and are still HODLing.

Dogecoin, as a meme coin, has the highest market capitalization. Given its one-month chart, the coin is in for a small downtrend whose bottom is the perfect opportunity for an entry.

However, don't blame us if Elon Musk decides otherwise. That man has a godly hold on the Dogecoin market. One tweet and thousands are either rich or broke. A tweet is all it takes. Also, Musk's powers apply to Dogecoin derivatives as well, such as Shiba Inu, Floki Inu, Love Hate Inu, Dogelon mars, and many others.

Hence, if you want to invest in Dogecoin, either wait for the dip or wait for Musk's tweet! OR, you can do what everyone else is doing, buy and HODL.

Floki Inu: Will The Dog Rise?

Do you want to see how much control Elon has over the meme market? Look at Floki Inu! Elon named his pet Shiba Inu, Floki. And lo and behold, there comes a meme coin that is named Floki Inu. Not surprising at all at this point.

Given the one-month chart of Floki, this meme coin has been in a consistent downtrend for a while. Thanks to the winters. However, Floki Inu does intend to be more than just a meme coin. The project is developing new utilities and hence, can carry a potential profit for early investors.

Consequently, if you are looking to invest in Floki Inu, HODL your way through or wait for the coin to bottom out. Won't be long before that happens. We are out of the depths of crypto winter anyway.