Decentralised Finance (DeFi) or cryptocurrencies are not simply born to outstand the traditional financial market, but with a solid purpose to pull out all the possible pitfalls in the latter. Let’s say the storing value of cryptocurrencies is high because when you buy and store a coin in your wallet and trade according to the market condition, you will definitely earn profit. When the price of the coin you hold rises, you can easily sell it and earn benefits from it. However, the market may adversely affect the value of your coin. Meanwhile, in traditional markets, your savings account stays stable as the value of the money you save neither increases nor decreases.
Moreover, security is a great matter of concern, which is high in cryptocurrencies, unlike the traditional finance system. The absence of central authority (decentralisation) is the best-ever feature that ranks a decentralised finance system over a traditional system.
Amazing Projects Make Crypto Amazing
Now, while coming to the second part of our article, several amazing projects are bound to make a crypto project so beautiful and fruitful! Specifically, the meme coin projects go around engaging initiatives that are advantageous both for the developers and the community as well.
To begin with, Big Eyes Coin (BIG) is a newly introduced coin in November 2022. It is a cat-themed community-driven meme coin deployed on the Ethereum network. What makes it notable these days is mainly because of its successful presale phases, so far. The meme coin, which is also a DeFi coin, is now in its 12th phase of the presale with a whopping $30.04 million in funds. Since its first presale in August 2022, the coin has been succeeding by raising a staggering amount of funds. Besides, the coin has to competitively pass through the remaining three phases to complete its full round of presale
Moreover, the recently launched Lootboxes is one of the appreciable features in the eyes of meme-coin enthusiasts. Lootboxes are amazing boxes that enable you to get plenty of rewards. The Lootboxes are three-tier super boxes using which you can earn up to 5000% rewards; Cute Box ($99), Kitty Vault ($499), and Super Saiyan ($999), at press time.
Three Tiers of Lootboxes
Lootboxes Released by Big Eyes Coin
What’s Up With Doegecoin?
The rise of Big Eyes Coin has become a matter of discussion in the crypto community. Some of the discussions go around the battle between BIG and DOGE, whereas others roam around the battle between BIG and SHIB. The echelon of Dogecoin frequently raises when the Dogefather Elon Musk just scribbles anything related on Twitter. Specifically, when Elon Musk bought Twitter in late October 2022, most of the crypto holders started watching for DOGE.
As of this writing, DOGE was trading at $0.08515, with a dip of 1.05% in the past 24 hours. The weekly performance of the coin has also tumbled with a 4.12% dip. In general, the entire crypto market is in a downtrend, making a knock-on effect on all other major coins.
Meanwhile, BIG hovers at $0.00049 in its 12th phase of the presale, which is a 390% hike compared to the first phase of the presale.
The value of a coin matters a lot, and the same is true for the initiatives the developers take. The BIG team has a clear-cut mission to allocate 5% of the token supply to ocean-protecting charities. It seems like the team is more concerned with the future of our environment.
There was a time when meme coins went through tough discussions over their lack of utility and mission. Now, coins such as BIG have proven to be promoting value to the crypto community. We may expect a time, when meme coins could be used to purchase goods, like cryptocurrencies in some places.
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Twitter: https://twitter.com/BigEyesCoin
