The cryptocurrency market has a total capitalization of $957 billion, a massive drop from its $3 trillion peak. The market has taken a serious drop in value and at this point all crypto assets were zeroed out without proper standing in the market. The market will need new money to flow to gain strength and push for a bullish rally. Memecoins are the best cryptocurrencies to bring leverage to the landscape, and Big Eyes Coin (BIG) and Shiba Inu (SHIB) are at the forefront.
Dogecoin (DOGE) brought in fresh money following its hype and endorsement by Elon Musk. The timing was right as there was a lot of money coming out of the stock market. Retailers in the stock market just had massive gains from the GameStop short squeeze. In this euphoria, users looked for ways to invest money. Dogecoin had a massive pump in May 2021 and this momentum sent the entire market into a bull run.
Big Eyes Coin is showing signs of growing momentum, although it is still in pre-sale. The token has raised around $8 million and is expected to reach $8.45 million before the completion of the Stage 5 pre-sale. On the other hand, Shiba Inu has seen some impressive developments over the past few months.
Shiba Inu (SHIB)
Shiba Inu (SHIB) is the second largest meme coin, coming only after Dogecoin (DOGE) in the cryptocurrency market. The meme coin is popular because it is the top performing cryptocurrency in 2021. Shiba Inu is an ERC-20 token that has been predicted to be a DOGE killer despite being inspired by the largest memecoin. The community was able to muster the strength of SHIB to surpass DOGE’s market cap in November 2021, and while it only took a few hours to do so, it’s a tough task for any other meme coin project to replicate.
Shiba Inu is the first meme coin demonstrating the use of DeFi to create wealth, and the community places particular emphasis on creating utilities that encourage fun. Shiba Inu has a Metaverse project in development and hopes to bring its community together in the virtual ecosystem.
Big Eyes Coin (BIG): Not your typical meme coin
An Ethereum-based meme coin like Shiba Inu (SHIB), Big Eyes shares other similarities in their offerings. However, the new Big Eyes Coin does not use a dog mascot and uses a unique cat mascot in hopes of launching a new level of internet memes and other utilities. Big Eyes Coin is hoping to become the face of the meme coin like DOGE has been for the past few years.
Big Eyes Coin will offer innovative DeFi capabilities and other utilities for gaming, NFTs and the Metaverse. BIG believes it can build a powerful DeFi token with features like yield farming, liquidity staking, and other new features that would help add value and develop the project.
Big Eyes Coin will use a DAO model, which means that the holders will actively participate in the governance and invest more in the growth of the project. This governance model allows owners to create proposals, send them out as proposals, and vote for consensus on key project decisions.
Big Eyes pre-sale has been impressive so far, and the meme coin is showing signs of exploding. Join the presale here and don’t miss this opportunity.
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