It is no secret that the world of crypto is currently going through a rough patch. Eight months ago, the market’s overall capitalisation reached nearly $3 trillion, signifying a prosperous future for an industry that took everyone by surprise. However, fast forward to the present moment, and the same metric barely exceeds the $1 trillion mark.
Although such turbulent conditions considerably hinder the finding of projects that deserve your attention, there is one that stands out compared to the competition. Meet Big Eyes Coin, a project that takes the idea of a meme coin to an entirely new level and delivers a value proposition that, judging by its White Paper, can exceed the success of its predecessors. Today’s editorial will see whether the new kid on the crypto block could challenge Dogecoin’s place among the meme crypto elite. Let’s dig in.
Big Eyes Coin: When Cuteness Is A Currency
Despite only enjoying the spotlight for several months, Big Eyes Coin has been able to resonate with the crypto crowd and the general folk due to its unusual aesthetic style. It’s no secret that most successful meme coins on the market follow a trend of being dog-inspired, but with Big Eyes Coin, we see a different picture.
The cute anime-looking cat brings a breath of fresh air to the industry with its choice of style, where copycat projects have flooded the scene. However, it does not stop there. Unlike its closed rival, Dogecoin, which primarily exists with the support of the community around it, Big Eyes Coin offers a more appealing value proposition for its loyal fanbase.
Namely, holders of the platform’s native token BIG could enjoy earning a passive income by harnessing the full power of arguably the two most lucrative crypto niches: DeFi and NFTs.
For everyone’s favourite JPEGs, Big Eyes Coin will introduce a tax, where 4% will always go to the original seller, while 5% will be distributed among the holders of BIG’s token. So, the more you hold it, the bigger return you can potentially expect in the future.
And for the decentralised finance evangelists, there will be options for liquidity staking and bonding and swapping BIG for other cryptocurrencies fee-free. For that, the platform’s native token BIG will feature on Uniswap, the most prominent decentralised exchange on the crypto market.
Dogecoin: When Community Always Go First
Despite rightfully acclaiming the place of the people’s cryptocurrency, Dogecoin has not been doing great in the current bear market. What used to be its main strength in keeping the project among the crypto elite has recently backfired on Shiba Inu enthusiasts.
The strong dependency between its most venerable patron, Elon Musk and the movement of the meme coin along the graph has generated some controversy within the Dogecoin community. Several whale holders of DOGE tokens filed a lawsuit against Elon Musk.
Although nothing has been proven yet, and it all might be another PR move or a strike of a tiny minority without representing the core voice of the Doge community, one thing remains adamant. Following this news, the price of DOGE has decreased dramatically, once again proving how detrimental the community could be to a project’s development when everything is based on its sole support.
What To Make Of It
The bear market can be challenging, even for the industry titans such as Dogecoin, which has only recently entered the green charts after Elon Musk announced the purchasing of Twitter (yet again).
However, despite its recent spike, no one truly knows which way the token goes next, as his dependency on what the wealthiest man on the planet has to say becomes too dangerous.
Considering this, Big Eyes Coin looks like a better hand in the current conditions. This project’s value proposition is much more diverse compared to the one of Dogecoin and is safe-sustainable without only the community’s support. Be sure to check it out before the fourth stage of presale runs out.
For more information on Big Eyes Coin (BIG), please visit the following links:
- Presale: https://buy.bigeyes.space/
- Website: https://bigeyes.space/
- Telegram: https://t.me/BIGEYESOFFICIAL
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.