Cryptocurrency

It’s Dog-Eat-Dog As Dogecoin Widens Gap With Shiba Inu; Big Eyes Coin Smashes $30m Presale

IndustryTrends

The communities of Dogecoin and Shiba Inu are primarily responsible for the conflict between them. A sizable and devoted fanbase has helped drive Dogecoin's price up considerably over the past year. However, some have questioned the long-term viability of Dogecoin due to its unclear use case and comparatively straightforward technology. On the other hand, Shiba Inu has a smaller but fervent group that is dedicated to creating a strong ecosystem of dapps and other initiatives.

Dogecoin and Shiba Inu, another cryptocurrency with a Shiba Inu motif, have been engaged in conflict recently. We will discuss the Dogecoin vs. Shiba Inu battle for the title of the biggest meme token and how the new meme token, Big Eyes Coin (BIG) is capitalising with audacious presales

Dogecoin: Putting Jokes Apart

Software engineers Billy Markus and Jackson Palmer invented Dogecoin (DOGE) in 2013, with an intention to be a playful, enjoyable substitute for Bitcoin that could be used by more people. Due to its branding that was influenced by memes and its vibrant community on social media sites like Reddit and Twitter, the coin rapidly became well-known. Dogecoin started out as a joke, but it has since grown into a major participant in the cryptocurrency industry, with a market cap of over $8 billion as of September 2021.

Being the foremost meme coin, DOGE has now grown into an enviable brand, currently occupying the 10th position in the overall cryptocurrency table with a market capitalisation of $11,400,659,822, as it continues to push up the ladder.

Shiba Inu: Token In The Doggy Shadow?

Unlike DOGE, Shiba Inu is a more recent meme coin that was introduced in 2020. Although it has a distinct logo and branding, it uses the same Shiba Inu dog as Dogecoin. The blockchain for Shiba Inu is built on Ethereum and employs a proof-of-stake consensus algorithm as opposed to Dogecoin's proof-of-work algorithm. With a total supply of one quadrillion tokens, the majority of which were locked in a liquidity pool, Shiba Inu also has a distinctive tokenomics scheme. The Shiba Inu society has developed its own decentralized exchange, ShibaSwap, and places a lot of emphasis on creating decentralized applications (dapps).

Shiba Inu has ridden on the back of media hype and "celebrity support", as a number of popular persons have talked about it online. It is currently 13th on the standing with a lower market capitalisation of $7,427,275,981 pushing its way through to usurp DOGE.

Big Eyes Coin: "CATing" Home Millions In Presale

Cat-themed token, Big Eyes Coin ($BIG) has continued to shock the cryptocurrency world with its audacious performance at presale. Havig raked in over $30 million, $BIG is now nearing launch having raised more than 50% of its $50 million target. Having given a 200% launch bonus that set the cryptocurrency market agog, $BIG is not done just yet!

BIG is currently giving away a huge percentage to investors as it winds up its presale, getting set to launch! For instance, investors who buy $1000 worth of BIG at launch would have 10,000,000 Big Eyes Coin tokens, while buying now would give a whopping 2,040,816 Big Eyes Coin tokens. Therefore, everyone is encouraged to take advantage of this offer and maximise profits through $BIG. Buy now before the price further increases!

Don't miss out on this chance of multiplying your investments, as the price keeps increasing! On stage 1 of the presale, each Big Eyes Coin was worth $0.0001 and now in stage 12, each Big Eyes Coin is worth $0.00049. This is a staggering 390% increase. As each stage of presale is complete the price will increase and they will get less tokens for the same amount of money. Hurry to the Big Eyes Coin website now and put your money where your mouth is!

Find out more about Big Eyes Coin (BIG):

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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