Meme tokens are cryptocurrencies that originate from an internet meme or have humorous characteristics. You can find this in established meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB). They both play off of the cute Shiba Inu dog breed commonly found in Japan. However, Big Eyes (BIG) brings something new to the table. The meme token revolves around a cute anime cat that wants to save the ocean while shifting wealth into the DeFi ecosystem. The world is its oyster, and oysters are its food.
Big goals for Big Eyes (BIG)
Big Eyes (BIG) is a meme token that promises to prioritise community. The community is where its strength lies. If it is strong, it will gain momentum. Its community will be rewarded greatly for their loyalty, with NFTs, more tokens, and additional rewards!
90% of Big Eyes’ (BIG) 200,000,000,000 tokens will be available at launch, including a 5% charity wallet that will be donated to ocean sanctuaries. This generous donation will almost certainly gain mainstream attention, and may even lead to celebrity endorsements as seen commonly with meme tokens.
Each element of the Big Eyes (BIG)ecosystem helps to generate wealth and popularity for the platform. There is also an initial $2 million liquidity pool locked for two years. As well as faster transactions for those using the Big Eyes network, and it could be an incentive for users from different crypto platforms to add Big Eyes to their portfolio.
The adorable dog: Dogecoin (DOGE)
Dogecoin (DOGE) was initially created in 2013 as a joke but did not reach its all-time high until 2021 when it shot up by 9,000%, between January and May. It was due to heightened interest in the coin by FinTech enthusiast, Elon Musk and other celebrity endorsements.
Meme coins often rely on general hype and buzz to succeed, along with a loyal community to back them. Dogecoin (DOGE) ticks all these boxes and is why it’s the biggest meme coin to date. Dogecoin signed an agreement in October 2021 with a chain of cinemas, AMC Entertainment, to adopt DOGE for digital gift card purchases.
Dogecoin (DOGE) has relatively cheap transaction fees so users can send coins to anyone with a DOGE address. The Dogecoin platform can carry out an impressive 30 transactions per second compared to Bitcoin (BTC) which can process only 6 per second. Both use the Proof-of-Work consensus algorithm.
The decentralised ecosystem of Shiba Inu (SHIB)
Shiba Inu (SHIB) was invented as a rival to Dogecoin (DOGE) in 2020. It gained huge popularity in 2021 obtaining 43 million more views than Bitcoin (BTC). As Shiba Inu (SHIB) grew in popularity, so did its market cap and many crypto exchanges began listing it like CoinSwitch Kuber in India.
So, how did the cute pup dethrone the crypto giant in viewership in 2021? Shiba Inu (SHIB) supports smart contracts, which means users can lend and stake tokens to earn a passive income through recurring fees.
Like Dogecoin (DOGE), Shiba Inu (SHIB) has received the attention of Elon Musk. When Musk tweeted that he was interested in buying a Shiba Inu dog, the value of the SHIB token increased by more than 300%. Celebrity endorsements often increase the popularity of meme tokens like SHIB and BIG, making them desirable to crypto experts.
To summarise
Dogecoin (DOGE) and Shiba Inu (SHIB) have seen unrivalled success thus far. Their loyal followers have kept them in the top 15 cryptocurrencies in the world through the 2022 bear market. However, maybe Florence + the Machine were right, the dog days are over. Big Eyes (BIG) hosts a unique ecosystem for its users to be a part of, offering tax-free shopping, NFT and token rewards, and donations to charities to save the ecosystem of the world. If you’re looking for a meme token with a vibrant community, Big Eyes (BIG) is the one for you.
For more information, please visit the following websites:
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Twitter: https://twitter.com/BigEyesCoin
Instagram: https://www.instagram.com/BigEyesCoin/
Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.
Was this writing helpful?
Source: https://coinpedia.org/press-release/how-can-big-eyes-big-rival-the-success-of-dogecoin-and-shiba-inu/