Big Eyes (BIG) is one of the crypto market’s most anticipated coins. This meme coin is a community token, centred around a cartoon depiction of a cat with huge eyes, which explains the project’s name.
The project is built on the Ethereum blockchain and will function as a decentralised app, making it more of a token than a coin. Through the inherent DeFi options available on Ethereum, the project intends to connect individuals to form a community and provide value for its members.
This meme cryptocurrency is currently in its 6th stage of presale. And has raised nearly ten million dollars despite the market crash. Big Eyes aspires to be the best of all meme currencies, as no coin has ever been. Its true goal is to catch DOGEs, i.e., Shiba Inu, Dogecoin, and Baby Doge.
Promises
Big Eyes has announced that 90 percent of the coins will be issued into open supply on the day of launch. This implies that even if someone wanted to become a big whale, their prospects are slim. The project has a total supply of 200 billion coins, 180 billion of which will be available for purchase by regular investors. The team has opted to contribute 5% of the tokens to a marine life charity while keeping the remaining 5% for future endeavours.
According to the whitepaper, it would take deliberate steps to safeguard marine life from the detrimental effects of pollution and overfishing. To do this, the initiative will contribute a substantial portion of its token supply to ocean-related charities.
The whitepaper also claims that there will be no fees or taxes associated with buying or selling BIG coins.Many community-centred projects charge a fee when people place orders to buy or sell.
BIG has passed its smart contract audit. Cryptocurrency fans believe it will give attractive profits following its launch, which is scheduled for the end of 2022. Big Eyes is also preparing to launch an exclusive NFT club called the Sushi Crew.
Final Thoughts
Purchasing coins that are still in pre-sale is similar to boarding a rocket that is still preparing for launch. Although reaching the moon is not assured, you are in for a spectacular trip. If things go sideways, you will crash and burn in a spectacular way too (at least your investments will). You can maximise your potential gains by investing in currencies that have not yet experienced significant growth, but the opposite is also true.
Also Read: Top 5 Undervalued Cryptocurrencies To Invest in 2022
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Source: https://coingape.com/blog/big-eyes-big-all-you-should-know-about-this-new-crypto/