Technology has been advancing since the dawn of time. With anything new created, there are always ways people try to improve on it. The focus is to take an idea and continue to make it better. This is why as we have seen with technology in the past, even the best tech in its era can be replaced.
For example, the fax machine was a revolutionary piece of tech, but it is scarce to find people who still utilise it. Could the same analysis be applied to cryptocurrency? Dogecoin (DOGE) was the first meme coin and became hugely popular and was soon followed by eerily similar coins like Shiba Inu (SHIB). However, newer meme coins like the Big Eyes Coin (BIG) seem to be gaining more traction for being different and seemingly improving on the original.
What New Concept Did Dogecoin Offer the Crypto Market?
Dogecoin (DOGE) was an innovator and created the meme coin in 2013, shortly after Bitcoin (BTC) and was released in an attempt to create an alternative which would make people laugh. Hence, it became a meme coin.
Memes have been and will continue to take over the internet as the concept is simply an internet joke, and there are always new things to joke about. The coin gained popularity in 2020 and is relatively high on Coin Market Cap.
However, since its release, it hasn’t changed much to improve itself. It still uses the Bitcoin blockchain, a more outdated way to validate and add blocks to a new blockchain transaction. However, there are newer meme coins that have changed and cater for the needs of consumers currently.
It has been almost ten years since Dogecoin was released. Many things have changed in the world and technology within those ten years, affecting investors’ wants and needs.
Is Shiba Inu (SHIB) Trying to Improve or Stay Stagnant Like Dogecoin?
Shiba Inu (SHIB) was released in 2020, seven years after Dogecoin. However, this year was when Dogecoin was becoming increasingly popular. Shiba Inu attempted to release a version of Dogecoin that ran on a different blockchain. However, that was the only significant change that was made.
The Shiba Inu (SHIB) is eerily similar to Dogecoin and named itself after Dogecoin’s mascot, a Shiba Inu dog. The name is also the same as Dogecoin’s mascot. After Dogecoin’s mascot became a highly shared meme, this was probably to add traction to their coin from Dogecoin’s publicity. Though they attempted to change the coin using a different blockchain, the change was only a small one and, unfortunately, made it seem like a copy of Dogecoin to some people.
Big Eyes Coin (BIG) is attempting to make BIG changes.
Big Eyes Coin (BIG) is a new meme coin that is currently in stage three of its pre-sale and has raised $3.5 million so far, which is only expected to go up. What is making Big Eyes Coin popular? Big Eyes Coin’s aim is to venture away from the classic meme coin model and has adopted an adorable cat mascot who wants ‘cuteness’ into something that is considered positive and seen as strong.
Not only has the coin ventured from the typical dog-based mascots the most popular meme coins utilise. Big Eyes Coin is also attempting to modernise by also having sushi NFTs you will be able to purchase and sell once the coin goes live. The popularity of NFTs has skyrocketed in the past few years and has become a way for people to profit alongside crypto. Big Eyes Coin is attempting to keep its coin looking at the future for both current and future investors.
To Summarise
Though the older meme coin Dogecoin (DOGE) was innovative and revolutionary for its time, it hasn’t changed much since. Other meme coins like Shiba Inu (SHIB) have only varied by the smallest margins from the original. Newer coins like the Big Eyes Coin (BIG) are thinking innovatively and for the future market.
Big Eyes Coin (BIG)
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
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Source: https://www.thecoinrepublic.com/2022/10/07/swap-out-dogecoin-and-shiba-inu-for-big-eyes-coin/