Cryptocurrency

Alt Season: Big Eyes Coin Looks To Join Bitcoin & Stacks In Bull Run

IndustryTrends

Meme coins made their advent to the crypto world as a parody of Bitcoin (BTC). As the world transitions into a DeFi future, meme coins have grown in utility, and newcomers to the meme coin world, like Big Eyes Coin (BIG), look to take the fight to huge players like Bitcoin with its plans to build a great ecosystem for DeFi projects.

In this article, we will look at how Big Eyes Coin can be a sustainable meme coin, and we will also look at the Stacks, a layer 2 blockchain built on top of Bitcoin, and at Bitcoin as the world looks at crypto as the driver of the world economy.

Bitcoin: The King of the Crypto World

Bitcoin was created in 2009 by mystery man Satoshi Nakamoto to replace traditional fiat currency as the centre of DeFi based economy. By being a decentralised network, Bitcoin is out of the control of any central authority.

Bitcoin's utility is primarily focused on being a store of value, similar to gold. It is also the most widely used cryptocurrency, with a market capitalisation of more than $1 trillion.

After a fall in prices, Bitcoin is cruising again, with prices climbing to the $28,000 mark on the back of projections from Standard Chartered stating that it may hit price levels north of $100,000 by the end of 2024. Bitcoin looks to extend its dominance on the crypto market and will continue to be a great investment.

Stacks: Upscaling Bitcoin

Stacks is a layer 2 solution that operates on top of the Bitcoin network. Stacks uses the proof-of-transfer (PoX) and is much more power efficient than Bitcoin's proof-of-work (PoW) consensus mechanism. Stacks has the ability to run smart contracts and thus can host DApps and DeFi projects.

Stacks uses BTC as its utility token. It addresses the scalability shortcomings of the Bitcoin network and can handle large amounts of transactions on its network. The network is secured by the Bitcoin network and is also community-centred.

Big Eyes Coin: The Next Big Thing in Crypto

Big Eyes Coin is a new crypto that has caught the attention of the crypto world with its hugely successful presale. The Big Eyes Coin presale has seen the project bring in an astronomical $34 million.

The cat-themed coin is centred around its community and, beyond its tag of meme coin, is a serious crypto project with a comprehensive ecosystem in the works.

Big Eyes Coin has stated that its goal is to be an asset that will generate wealth for its community. The team believes that focusing on DeFi will achieve its wealth-creation goal.

The team is also committed to the environment and has pledged 5% of its total liquidity towards charitable causes. The Big Eyes presale will end on June 3, 2023, so time is running out for investors to get in on the action.

Key Takeaways

Bitcoin and Stacks are an example of the enduring prowess of the Bitcoin blockchain and its solid investment potential. Meanwhile, meme coins have been on the rise in recent months, with coins like Dogecoin (DOGE) and Shiba Inu (SHIB) gaining massive attention from the crypto community.

Big Eyes Coin aims to differentiate itself from other meme coins by providing unique meme coin utility by building DeFi projects and other DApps in its ecosystem. As we approach the upcoming alt season, it will be interesting to see how Big Eyes Coin performs and whether it can rival the success of coins like Dogecoin and Shiba Inu.

One thing is for sure – time is running out for investors to get in on the presale phase of Big Eyes Coin. Join the CatCrew's presale while it lasts using promo code END300 and get the best value on your investment on Big Eyes Coin's launch.

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