The New Crypto: Big Eyes Coin – Who and Why? How Does It Compare To Ethereum And Bitcoin

The New Crypto: Big Eyes Coin – Who and Why? How Does It Compare To Ethereum And Bitcoin
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Since its creation in 2009, cryptocurrency's uses and value have grown significantly over the last few years to become one of the most important modes of transactions in the world of finance today. With over 22,000 cryptocurrencies currently trading in an industry that speaks of an over $1 trillion market capitalization, many with an interest in being a crypto investor may question, where to begin with.

While cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH), the top two ranked cryptocurrencies in the world, might be the recommended choice of selection among many to invest in, given that both share roughly 60% of the total dominance in the market, new entries like Big Eyes Coin (BIG) have made long and steady strides in the industry. And they've only just begun.

Big Eyes Coin: The Presale Success

Big Eyes Coin, a community-owned Decentralised Finance (DeFi) is a cat-based meme token that has been built on the Ethereum Network. Launched only in August 2022, Big Eyes Coin is poised to become the most interesting meme-coin-based cryptocurrency in the market in 2023.

The meme coin's successful run has been mainly attributed to its approach in reaching out to investors and what it has to offer in the long run, not only in terms of earning wealth but also in the form of contributing and donating to various causes.

The hype among investors toward Big Eyes Coin is real as its presale which is in its 10th stage has now raised close to $22 million and is growing at a significant pace. This is a rather important phase for both Big Eyes Coin and the investor more importantly, as presale tokens in cryptocurrency or Initial Coin Offerings (ICOs), might be advantageous as they allow the investor to acquire tokens at a discounted price before they are accessible to the general public. Investing in pre-sale tokens could also give early access to potentially high-growth tokens, as well as the option to become a member of a project's community and decision-making process. Big Eyes Coin relies heavily on its community where it assures that it would be owned by the community with 90% available at launch.

While Big Eyes Coins is about easy earnings, it also offers community engagement activities that provide investors access to content, events, and even merchandise through Non-Fungible Tokens (NFT).

Big Eyes Coin is also a big contributor to the cause of protecting the environment and saving oceanic life. The meme token's Proof-of-Stake (PoS) consensus it employs would eliminate the process of crypto mining, which uses heavy equipment that causes millions of carbon emissions into the atmosphere. Big Eyes Coin has also created a visible wallet where 5% of the total token supply would be reserved to be donated to various ocean-saving charities.

Bitcoin & Ethereum: The Reason For Crypto's Very Existence

At the back of a disruptive period during the latter part of 2022, both crypto powerhouses are set to make massive gains as 2023 progresses.

While Bitcoin (BTC) and Ethereum (ETH) share 60% of the crypto world's total dominance, 42%, and 18% respectively, at the time of writing Bitcoin had traded a volume of $30 billion in the past 24 hours and Ethereum had a trading volume of $10 billion during the same period. Ethereum however was the biggest gainer over the past 24 hours rising by 5.94% to $1,672 while Bitcoin had risen by 3.1% to $23,782.

Finally…

With a $50 million presale target before going live, Big Eyes Coin is surely one of the contenders to become the next biggest meme coin in the crypto market.

Find out more about Big Eyes Coin (BIG):

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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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