Meme coins: A cryptocurrency project that started as a joke with Dogecoin (DOGE) nine years ago has gained a blistering profile mostly due to Elon musk tweeting about it regularly, which led to a lot of market participants rushing to buy into the project. These are coins inspired by jokes which makes the whole project lighthearted and fun; the existence of these projects depends mostly on virility and jokes.
Although most meme coins tend to offer little to no significance other than being a lighthearted joke, we'll be looking at the ones that have enough potential to turn the tables in the buyers' favor, namely, newcomer Big Eyes Coin (BIG) and giants Dogecoin (DOGE), and Shiba Inu (SHIB).
In a DeFi (Decentralized Finance) project that'll be owned and controlled by its users, 90% of its tokens will be available for presale, with 70% going to the public and 20% going to crypto exchanges, and the remaining 10% divided between marketing wallets and charitable purposes equally. The part which goes towards charity is meant for organizations that work tirelessly towards protecting the ocean; it's also worth knowing that this project is eco-friendly, ensuring a better environment for all, while the part that goes towards marketing ensures that the coin is being pushed out to the world making sure it stays on top.
NFT trading will also be on the platform, confirming that this isn't some ordinary meme coin. A user-centric project will offer regular NFT events, raising the project profile and introducing wealth in the DeFi space.
The father of all meme coins that paved the way for the rest, it started as a joke modeled after a dog meme created by two computer scientists, a project that turned serious after being endorsed by influencers in the crypto space, which took it to a massive high in 2020/2021 landing it in the top 20 cryptocurrency spot, the support of Dogecoin (DOGE) is not limited to particular people. Still, it is diverse, allowing for the project to be one of the most decentralized cryptocurrencies in the market today. Its place as the biggest meme coin increases its profile and edges other coins; most of the coins which started with Doge are nowhere to be found; this spells longevity coupled with the fact that this project was created with an unlimited supply of its coins DOGE already looks like a great buy in anticipation of the market's rise that's soon to happen.
Shiba Inu (SHIB) presents a dog-friendly community-based project designed on the Ethereum network that was created anonymously; the lack of the creator's identity also plays a huge role in steadying the price, as most projects tend to get shaky due to founder issues. After its rapid rise in 2020, it's expected by a lot of observers that that could happen again in the next bull run even though there's a chance that there won't be an opportunity like that again, but one can never say never in the crypto industry.
These meme coins are heavy favorites in the upcoming bull market; with Big Eyes Coin in its presale stage with mass supply and DeFi-centered activities, there is no better time to engage than during this bearish run while anticipating the market's upturn. Not many things are better than projects that offer a lot of fun and potentially 100x profits.
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
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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.