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The crypto collapse affected all market tokens, and as it eases out, newly listed Big Eyes (BIG) looks set to outpace the existing King memecoin, Dogecoin (DOGE), and Floku Inu (FLOKI) with its new launch. The memecoins were designed to give a lighter perspective to the cryptocurrency market and have been quite successful in recent years. Hang on while we review Big Eyes (BIG) and how it compares to the rest of the memecoins.
Dogecoin was the first memecoin released into the cryptocurrency market. Billy Markus and Jackson Palmer developed it in 2013 to create poke fun at the rising crypto trends. Forbes Advisor says the misspelling of 'dog' to 'doge' was intended to make the coin as ridiculous as possible.
Because memecoins in themselves are created for entertainment, they rarely make hallmark performances. Dogecoin (DOGE) was an exception, though, as it gained much popularity among cryptocurrency faithfuls worldwide.
The prices of such tokens also experience frequent inconsistencies, as celebrity and social media trends affect the following and cryptocurrency prices. This was evident when billionaire CEO, Elon Musk, endorsed the project in 2021. Dogecoin (DOGE) attained an all-time high market cap of about $88 billion in May 2021, which has been dipping ever since.
Dogecoin (DOGE) exists on an individual blockchain, complete with a mining process of its own, which has been instrumental to its sustenance as a token in the cryptocurrency market. According to CoinMarketCap, a DOGE token currently sells for $0.06 as it continues its steady recovery from the bearish market.
Consistent with its memecoin status, Dogecoin (DOGE) has no known developers. The platform is maintained by anonymous developers from within the Dogecoin Foundation. The lack of a developer team is in a bid to place much of the decision-making in the community's hands.
Floki Inu(FLOKI) is a relatively new cryptocurrency token launched in November 2021. One of its main objectives is to support charity movements globally, especially in the education sector. The developers believe DeFi should make lives easier, not just for the rich.
Floki Inu's (FLOKI) smart contract has been audited by Solidity, and recently, they got Chainlink to secure their smart contract transactions globally. The token was built on the Ethereum blockchain, although it complies with the Binance Smart Chain. This allows users to easily transfer their assets from one blockchain to the other across all wallet platforms.
Floki Inu (FLOKI) is the token used in Valhalla, Floki's Metaverse A-level gaming platform. It is useful for player-to-player exchanges as well as coin swaps. Valhalla's play-to-earn feature further increases the demand for Floki Inu, which improves the token's market price.
The token is currently priced at $0.00001 per FLOKI in the cryptocurrency market.
Big Eyes is a newly developed cryptocurrency token looking to set the stage in the memecoin sector. The coin features a number of startup protocols that will interest prospective presale buyers.
The token's smart contract had been audited by Solidity, thus ensuring that crypto assets are kept safe from third-party theft. The development team is also CoinSniper-verified to ensure the total security of the platform. To start, the developers promise to supply 80% of the existing 200,000,000,000 tokens for the presale event, with some 5% going to charities. This way, they are placing their community ahead of the platform's decisions.
Another feature in the Big Eyes (BIG) roadmap is that the coin will sponsor charities dedicated to saving ocean life. There will be huge donations towards those charity movements at various points from the presale.
With time, Big Eyes (BIG) developers will introduce NFTs to the platform and maintain an attractive presence on social media and cryptocurrency markets. The developers are also looking to introduce a swapping platform, like UNISWAP, where users can swap tokens for Big Eyes.
The presale event is ongoing, and the launch is incoming. Click here to read more about the project and participate in the presale.
Big Eyes Coin (BIG)
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
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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.
