Big Eyes Coin (BIG), the latest meme coin project in the cryptocurrency market, is racing through its presale stages, as the fifth is already underway.
The project has raised over $5 million in its presale event and looks like it will gain even more as more users join its ever-growing community.
At this rate, analysts suggest it might surpass high-trending tokens like Bitcoin (BTC) and Shiba Inu (SHIB). Here, we review how well Big Eyes Coin is doing, as well as a short overview of Bitcoin (BTC) and Shiba Inu (SHIB).
Bitcoin – Where it all began
Bitcoin was released in 2009 by a pseudonymous person or group called Satoshi Nakomoto. Its launch was a significant step forward in global finance, as it ushered in an era of decentralized finance, where transactions could be completed between parties without needing a financial institution as an intermediary.
The hallmark of Bitcoin’s innovation was the development of a blockchain. The blockchain is a ledger-like software tool that logs transactions as they occur while using a network of computers to validate the transactions.
Anyone can use a blockchain, and no one has control or access to the transactions except the parties involved.
The Bitcoin network also came with its wallets, secured by private keys, which are encryptions comprising characters that no one can guess.
During a transaction, the parties send a version of their private keys called public keys, which are used for verifying the transaction. The private key is only known to the user who owns the wallet.
Bitcoin operates on a Proof-of-Work protocol, although mining is almost impossible as only large corporations can mine BTCs. Bitcoin (BTC) is also very divisible; each Bitcoin can be divided into units called satoshis or sats.
Shiba Inu – The Doge killer
Shiba Inu (SHIB) was released in 2020 as the Ethereum-powered equivalent of the pioneering meme coin, Dogecoin (DOGE). It is wholly owned by the community and is abundant in supply, with about a quadrillion tokens in circulation.
Because it is built on the Ethereum network, Shiba Inu (SHIB) is compatible with all the DApps on the blockchain. This presents the token with many advantages, including access to DEXs, compatibility with several wallets, and a well-developed NFT club.
The Shiba Inu (SHIB) network, on its own, features a coin swap platform, Shibaswap, and an NFT incubator that allows for the minting of digital assets.
The developers plan to add features like a proper NFT platform and convert the community into a DAO.
Big Eyes Coin – A meme coin with utility
Top among the incoming Big Eyes Coin features is the NFT Sushi Crew, which will be Big Eyes Coin’s official NFT platform. The NFT platform will enable users to create and trade their customized NFTs with other users.
The developers will also make several NFTs available to community members when the platform launches officially.
Big Eyes Coin (BIG) developers are planning a launch on exchange platforms like Uniswap (UNI) to boost the token’s value. Launching Big Eyes Coin (BIG) on DEXs will also make it more popular among crypto users and ensure its sustainability in the cryptocurrency market.
The Big Eyes Coin (BIG) team announced a contest to appreciate its members’ support for the project’s success this past week. There will be 250,000 tokens to share between ten BIG holders in December.
The winners will be selected in a draw, and the first place will get 100,000 tokens. Remember, you must buy and hold BIG tokens by the draw to be eligible.
Big Eyes Coin’s presale is far from over. But with each stage, the token price increases, making it better to get involved early.
For more information on Big Eyes Coin (BIG), please visit the following links:
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Source: https://beincrypto.com/big-eyes-next-trending-crypto-coin-besides-btc-and-shib/