Successful crypto veterans know that crypto trading is a probabilistic outcomes business. Probabilistic thinking is just trying to estimate the likelihood of a specific future outcome becoming reality.
Many investors saw the crash coming. Some of them took out the capital before it was too late, but many of them didn’t, especially the one-time investors who know little to zero about crypto and markets.
Although, with Bitcoin (BTC) and Ethereum (ETH) gaining momentum, probabilistic thinking has begun again. Bitcoin showed a jump of 4.2% and Ethereum got 12% stronger. It is a joyous time for the crypto community — new coins, new gains, and new investments.
As the new year is on the corner, probabilistic thinkers have started looking at meme coins and have drawn some conclusions. In a nutshell, they aren’t fans of Dogecoin (DOGE) anymore. Dogecoin, once enjoyed the attention of Snoop Dog and Elon Musk, have stumbled after the crash, only to gain some momentum in the last couple of days.
The world seems to be moving on from Dogecoin and everything that it represents. The new coin of interest is Big Eyes Coin — a meme token with a very cute cat as the mascot.
Dogecoin: Life’s A Full Circle
Dogecoin’s price index tells the entire story. After November 2021, DOGE started falling and has never recovered from the losses. A big blow came around May 2022 when everything was crashing.
Many coins tried to replicate Dogecoin’s initial success. Shiba Inu (SHIB), another dog-themed coin, even came up with its own NFTs. Yet, the coin is still bleeding after the crash.
Another reason for Dogecoin’s irrelevant future, according to crypto analysts, is that there are way too many dog-themed meme coins in the market now. Investors always look for something new, edgy and powerful. Apart from getting celebrity attraction, the Dogecoin community has not achieved any milestones.
Dogecoin was initially launched to mock cryptocurrencies. However, quite ironically, in early 2021, it held $84B in market capitalisation. Seems now that it has finally become a joke, just as it started. Life’s a full circle!
Big Eyes Coin: Big NFTs, Big DeFi And Even Bigger Heart
Having raised more than $9M in its presale so far, Big Eyes Coin (BIG) is where the probabilistic thinkers are betting high. A fairly new token in the market, Big Eyes Coin intends to make a mark for itself in a dog-dominated market.
When compared to the traditional financial system, DeFi (Decentralised Finance) solves many issues in lending and borrowing. This meme token wants to put wealth into the DeFi ecosystem.
Many coins follow the features as they go along. When NFTs became popular in 2021, many coins launched collections without carefully analysing them. However, for Big Eyes Coin, NFTs were always intrinsic. The meme token will launch an NFT club for its users where they will be able to buy, sell and hold digital assets.
Dogecoin has been criticised for not being socially responsible. It has zero charity drives and does nothing for social causes. Big Eyes Coin, on the other hand, is trying to save the ocean by donating a significant amount of profit to ocean preservation projects.
Big eyes, Big Vision and Big Heart!
To Sum Up
Dogecoin is slowly becoming irrelevant in the crypto market. Even its biggest cheerleader, Elon Musk, is silent on Dogecoin’s current status and its future. Consider Big Eyes Coin for your next investment because that’s where positive probability lies.
Use the code BEYES142 to get bonus coins!
Click on the links below to be a part of the big community!
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
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Source: https://www.thecoinrepublic.com/2022/10/28/heres-why-probabilistic-thinkers-are-choosing-big-eyes-coin-over-dogecoin/