Top Meme Coins the Cryptocurrency Market Did Not See Coming: Dogecoin, Dogelon Mars, and Big Eyes Coin

Top Meme Coins the Cryptocurrency Market Did Not See Coming: Dogecoin, Dogelon Mars, and Big Eyes Coin

Most crypto users and analysts never envisaged the introduction of meme coins into the cryptocurrency market. Some have gained massive followings in the crypto space. Forbes Advisor classifies meme coins as not having much prospect.

Dogecoin (DOGE) – The Top Meme Coin

Dogecoin was introduced in the cryptocurrency market in 2013 as the first meme coin. It was designed by Jackson Palmer and Billy Markus to make fun of the growing cryptocurrency trends, particularly those of Bitcoin, at the time. Its token symbol 'DOGE' was a misspelling of 'Dog' for other comic effects.

Dogecoin (DOGE) attracted many crypto holders and traders after its public launch since it was the first meme coin. The intrigue it created caused many people to invest in it. Subsequently, the initial craze made Dogecoin (DOGE) rise to popularity in the cryptocurrency market. As the trend faded, Dogecoin's value dropped. However, since most meme coins are affected by social media stunts and news, billionaire investor Elon Musk's endorsement in May 2021 brought new life to the Dogecoin (DOGE) community. This saw Dogecoin's cryptocurrency price rocket to $o.91, an increase over its previous value.

Dogecoin (DOGE) is based on a separate blockchain from the popular existing platforms like Bitcoin (BTC) and Ethereum (ETH). This has mainly contributed to its success even as a meme coin since users can easily send and receive their DOGE tokens on the blockchain without worrying about exorbitant gas fees typical of other blockchain systems.

Dogecoin currently goes for about $0.06 and has consistently risen for the past week.

Dogelon Mars (ELON): The Infamous Crypto

Dogelon Mars (ELON) is an Ethereum-based token, with half of the tokens burned to the Ethereum network for equitable distribution. Dogelon was formed by modifying Dogecoin's protocol. This process results in a fork cryptocurrency distinct from the original token.

Dogelon Mars (ELON) claims to be the first interplanetary cryptocurrency. The community refuses to identify it as a meme coin, stating its mission is to bring humans to explore other planets. The exploration will lead to human integration into other worlds and the integration of extraterrestrial life on earth. The community hopes Dogelon Mars (ELON) will be the primary means of exchange between species across the universe.

The unusual nature of the token, along with its plans, add to its intrigue, which will bring lots of followers soon. Dogelon Mars (ELON) reached an all-time high value of $0.000000432 in August 2022, although it has since turned bearish. However, it is too early to make a call on the coin, as it has long-term prospects.

What is Big Eyes Coin (BIG)?

Big Eyes Coin (BIG) is one of the latest meme coin additions to the cryptocurrency market. The coin is set to be one of the biggest meme coins in a short while. Its presale is ongoing, and the developers look to launch it soon.

Like every other meme coin, the Big Eyes Coin (BIG) project would stage social media stunts, from which the project will benefit in terms of the following and network traction. The platform has optimized Telegram, Twitter, and Instagram social media handles, where the developers plan to get the most followers.

The project will also feature an NFT club. The developers will release a few snippets, followed by a full-fledged NFT launch. Introducing NFTs to the platform will open other opportunities like a space on the Metaverse.

Big Eyes Coin (BIG) is also big on nonprofit ventures too. The developers have announced that some 5% of the token supply will go to supporting charities devoted to preserving marine creatures after the presale. Similar donations to such organizations are scheduled to occur at later stages of the project, according to the whitepaper.

The roadmap looks better structured than many other meme coins in the cryptocurrency market. This aligns with the developers' goal to launch a coin different from many others. Through all the stages, the developers promise to prioritize the community's interests, ensuring they get the best of the platform's decisions.

To find out more about Big Eyes Coin (BIG), visit the links below:

Related Stories

No stories found.
logo
Analytics Insight
www.analyticsinsight.net