Why Big Eyes Could Be As Prominent As Bitcoin in the Crypto Market

Why Big Eyes Could Be As Prominent As Bitcoin in the Crypto Market
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Successful crypto projects usually go on to be highly valued and popular in the coin market, and Big eyes (BIG) could join the long list of crypto assets that have achieved this. Various cryptocurrency assets boast market prominence due to numerous factors like utility, value, real-life application, celebrity endorsement, innovative features, etc.

Crypto assets equipped with these factors are more likely to succeed and become prominent in the market. Bitcoin (BTC) leverages most of these factors for its success, and we look into why Big eyes (BIG) can replicate such a feat by reviewing the two crypto assets below.

Bitcoin (BTC) The Giant Crypto

Since Bitcoin's public launch about 13 years ago, the giant cryptocurrency has maintained a strong market run, being the topmost crypto asset in every category. It's the first cryptocurrency in the coin market and inarguably the most popular of the other 19,000+ crypto assets in the crypto market.

While Bitcoin's status of being the first cryptocurrency in the coin market contributed a lot to its prominence, its benefits as a peer-to-peer digital currency devoid of external control or intermediary played a more important role in its universal adoption and prominence.

The blockchain-based decentralized crypto asset is acceptable in physical and online stores, increasing its usability.  Bitcoin is the most valuable cryptocurrency, with over $400 billion in market capitalization. The digital currency has reached some unprecedented price points, with its all-time high being $68,789.63 in 2021, which is the highest market price any cryptocurrency has ever achieved.

Experts credit Bitcoin (BTC) for the success and continuous development of the cryptocurrency market, as the digital currency has birthed a universal community of enthusiasts trading, investing, and using Bitcoin and other competing crypto assets inspired by it as a means of making ends meet.

It's currently looking impossible for any crypto asset to topple Bitcoin's (BTC) market valuation, but good projects can achieve its prominence level. Ethereum (ETH) is an example of a project that has gained prominence like BTC, although it's still far off in matching up to the digital currency in every category. Big eyes could also follow this trend and achieve such feats in years to come.

Big eyes (BIG) The New Meme Coin

Big eyes is a new cat-themed meme coin with well-defined utility. It is a DeFi-related meme project, which could contribute to its prominence in the coin market. Big eyes aim to change the common narratives surrounding meme coins by providing wealth-creating opportunities for users in the DeFi space. It is one of the first few projects hoping to achieve this.

The meme coin's developers aim to implement effective marketing campaigns that will see it gain more prominence and attract potential adopters. The project will also protect one of the world's ecosystems via charitable means. This could also positively affect its market prominence and make it a top meme coin in the market.

Big eyes (BIG) features make it a crypto asset with promising prospects, and analysts are optimistic about possible prominence and value increase soon. Don't wait until it achieves Bitcoin's prominence before scrambling for adoption. This could be a costly mistake.

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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. 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. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.

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