Diminishing Marginal Utility: Here’s Why Big Eyes Coin Might Beat Dogecoin And Shiba Inu Very Soon

Diminishing Marginal Utility: Here’s Why Big Eyes Coin Might Beat Dogecoin And Shiba Inu Very Soon

Here's the thing: when something becomes too much, it starts to lose its value. In economics, it is called diminishing marginal utility, where each additional unit of gain leads to an ever-smaller increase in subjective value. Think of an apple, for example. If you're starving, an apple offers pretty high value. But the more apples you eat, the less hungry you become — Making each additional apple less valuable.

The same is happening in the world of cryptocurrencies. When Dogecoin (DOGE) became a successful meme coin, many dog-themed tokens emerged who tried to mimic a similar graph. Shiba Inu (SHIB), launched as a 'Dogecoin Killer', sustained for a while but stopped innovating soon enough. Investors believe that this mimic behaviour and the law of diminishing marginal utility are the reasons why meme coins with dog mascots are constantly tanking.

However, Big Eyes Coin (BIG), a new meme token in the market, has taken charge to save the meme crypto community.

Dogecoin And Shiba Inu: Are They Part Of History Already?

FTX's takeover news took the crypto world by storm. Several crypto tokens bled heavily because of market panic. Veteran coins like Bitcoin (BTC) and Ethereum (ETH) saw a steep decline. Dogecoin and Shiba Inu's story is no different.

But this is not the first time that the market has lost trust in these dog-themed coins. With the influx of the same kind of coins and roadmaps, somewhere, the communities stopped innovating. Look at Dogecoin, for example. It used to be Elon Musk's favourite coin. However, in the past year, Musk has stayed away from talking about this coin. The reason is simple: Dogecoin has lost its value because it stopped reinventing and keeping up with market trends.

With hundreds of dog mascots out there, crypto enthusiasts have lost interest in a similar kind of script. It's no joke that theories of basic economics are in play.

Is Big Eyes Coin The Answer?

If its phenomenal presale success is to be believed, then yes, Big Eyes Coin is indeed the answer to the crypto community's dry spell. A community-driven meme token, Big Eyes Coin's mascot is an irresistibly cute cat who is on a mission to save the ocean.

This meme token's entire ecosystem revolves around the cat, unlike other meme tokens like Shiba Inu or Dogelon Mars (ELON). For example, Big Eyes Coin will be launching an NFT Club where users will be able to exchange digital assets with BIG tokens. Moreover, the coin will be launching ten NFT projects in the collection 'Sushi Crew'. It will be in direct competition against ApeCoin's (APE) Bored Ape Yacht Club (BAYC).

Big Eyes Coin has big eyes for sure, but it also has a big heart. The community has pledged to give away 5% of wallet profits to save the ocean. The charity amount will be used to build underwater national parks and conservatories. Considering the climate mess, this is the right step in the right direction.

To Sum Up

 
 

Cute cat is on a mission and it is inviting everyone on a journey of a lifetime. Having raised more than $9.5M so far, Big Eyes Coin is refusing to stop its run. In a world full of dogs, the cat has reinstalled investors' trust in meme coins, and the law of increasing marginal utility can be exercised again.

Click on the links below and become a part of the cat presale!

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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