Popular cryptocurrencies like Dogecoin (DOGE) and ApeCoin (APE) have hit the crypto space and gathered massive communities for themselves. However, members of these communities are also buying in on the Big Eyes (BIG) hype.
While the Big Eyes (BIG) token is only in its presale stage, it is building up a lot of enthusiasm in the crypto community, particularly as it intends to offer additional value to its community. This is outside the potential returns that can come from the meme token hype alone.
This article will cover Dogecoin and ApeCoin value propositions and highlight how Big Eyes compares to them.
Dogecoin The First Meme Coin
Dogecoin (DOGE) is the first meme coin to launch on the crypto market. It first appeared as a joke during a major online trend in 2013 and was based on the popular “doge” Internet meme featuring a Shiba Inu. Its developers, Billy Markus and Jackson Palmer, tried to make a fun cryptocurrency that would appeal to more investors beyond the core Bitcoin community.
Although it didn’t take off immediately, Dogecoin (DOGE) gained the attention of many cryptocurrency enthusiasts and owners, including Elon Musk, due to its phenomenal growth and inflationary characteristics, which eventually led to a 300% increase in value.
However, the popular meme coin, DOGE, has gone quiet over the last few months, coupled with the crypto market crash 2022. As a result, Dogecoin’s (DOGE) value significantly decreased. Nonetheless, the coin is fortunate to have a community of people working to preserve it, despite its lack of real use case.
ApeCoin The Ethereum Blockchain Based Token
ApeCoin (APE) is an Ethereum blockchain-based token that is connected to the Bored Ape Yacht Club (BAYC).
For clarity, the BAYC is an NFT series from Web3 company Yuga Labs that has been one of the most successful NFT projects to date. The collection has enjoyed viral popularity and is owned by famous collectors like Jimmy Fallon and Eminem.
ApeCoin was previously airdropped to all Yuga Labs Project’s collectors, although it is now available for purchase on exchanges. The company then adopted the token as the primary coin for all its projects. This includes NFT series’ like Mutant Ape Yacht Club (MAYC), Bored Ape Kennel Club (BAKC), and the company’s virtual land metaverse offering, Otherside.
Although the token price has seen wild fluctuations, ApeCoin is more than a speculative “meme coin” because it actually serves a purpose inside the APE ecosystem.
Also, there is an ApeCoin DAO which all holders of APE are eligible to join. It is a decentralized autonomous organization (DAO) that decides on ecosystem fund allocations, projects, partnerships, governance rules, and more.
Big Eyes The New Meme Coin in Town
Big Eyes (BIG) is branding itself to become a crypto game changer. It is being developed on the Ethereum blockchain and will be the new face of Meme Coins.
Big Eyes sets itself apart from other meme projects in the market that utilize the doge meme. It is based on a charming cat meme, which will help the project penetrate the “cute” market.
However, the Big Eyes (BIG) project is centered on its community. Its mission is to promote financial inclusion and to assist its users in achieving financial freedom and independence. It also hopes to develop NFTs that will likely dominate the market while also supporting philanthropic initiatives.
This is unlike some earlier meme coins that only depend on their community and hype to sustain their reign. Interestingly, the Big Eyes ecosystem will also allow users to transact BIG tokens at zero fees. But all NFT trades in the Big Eyes ecosystem will be subject to a 10% tax.
Conclusion
Dogecoin (DOGE) and ApeCoin (APE) are veterans in the meme coin game. However, the market is ready for a game changer.
The Big Eyes (BIG) project is currently on presale and is attracting investors from all angles. You might want to learn more about the project or join the presale to secure your position on one of the potential biggest meme projects to launch on the cryptocurrency market.
Join Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/#signup
Telegram: https://t.me/BIGEYESOFFICIAL
Source: https://en.cryptonomist.ch/2022/09/16/big-eyes-why-investors-buying/