The crypto markets are green once again.
Things are moving fast. Dogecoin (DOGE) has increased its market capitalisation by $8.38 billion, while competitor Shiba Inu (SHIB) has seen it raise over $1.38 billion between the 25th and 31st of October 2022.
All of a sudden, crypto holders have sprung into action after a stagnant and depressing year trying to decide whether to keep or sell their assets.
Meanwhile, up-and-coming Big Eyes Coin (BIG) has almost drawn $10,000,000 in presales after phenomenal two months.
Is the meme coin market going to see a new feline challenger approach amid the return of the colour green?
Dogecoin (DOGE) has been through it all. Ever since emerging as the first-ever meme currency in 2013, this Shiba Inu dog breed token has had to adapt to the times for almost a decade now.
Somehow, Dogecoin has remained on the meme coin throne despite all of this. Perhaps the most known meme currency to date due to its discussion in mainstream media and its promotion by Elon Musk, Dogecoin remains strong.
However, with the emergence of newer meme currencies with better technology, speed and security, is the dominance of Dogecoin under threat?
Labelled as the “Dogecoin Killer”, Shiba Inu (SHIB) set out to be better, faster, and more cultural than Dogecoin. So far, however, it has not been able to knock Dogecoin off its top spot.
With features such as a deflationary tokenomics model and its use of the Ethereum blockchain, Shiba Inu does have some defining features. However, it is still a Dogecoin replica aiming to simulate the same success Dogecoin saw.
Furthermore, Shiba Inu needs to have better utility than Dogecoin to take the top spot in the meme coin market. Something it is only now working on.
The leading dogs of the meme coin market have failed to realise one gaping flaw in their success: originality.
If Shiba Inu’s as a meme ever fell out of favour, then the leading meme coins could face extinction in a matter of weeks.
While memes are great and funny, they also have a short lifespan. This is why the new and hip, defi community meme token Big Eyes Coin (BIG) is aiming to ensure longevity for both itself and the planet.
Not only is Big Eyes Coin a refreshing take on the meme currency market (being a cat with a highly creative backstory), it also has a purpose that many will find difficult to ignore.
The most central aspect of Big Eyes Coin is its 5% charity wallet, which will be used to make donations to ocean sanctuaries. The goal of this irresistibly cute feline is to use itself as a currency to save the world’s oceans.
While Big Eyes Coin also offers an environmental-themed NFT collection in its NFT Sushi Club and a merch store that can fundraise for charity projects, its simple and noble goal has attracted nearly 60,000 Twitter followers and almost $10,000,000 in presales.
The stages for Big Eyes Coin are running out fast as whenever each stage passes, the price of BIG increases by 25%.
As a result, this adorable feline shows huge promise in defeating Dogecoin and Shiba Inu due to its unique take and important utility for the environment.
Use the code BIG637 for a BIG bonus.
For more information on the project:
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