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The year 2022 has been a frightening year for crypto, to say the least. With frequently occurring crashes that have caused veteran blockchain networks such as Bitcoin, Ethereum and Solana to plummet in value, active buyers are opting for alternative networks with fewer risk factors.
One of the most popular categories in the world of crypto is meme coins, which are cryptocurrencies based on viral images and internet jokes. Consider adding some humour into your crypto portfolio on the spookiest day of the year with these three meme coins: Big Eyes Coin (BIG), Dogecoin (DOGE) and Shiba Inu (SHIB).
If you have not read or heard about Big Eyes Coin (BIG) by now, it is safe to say that you have been living under a rock. The newcomer entered the crypto world this year and has instantly impacted the meme coin sector in crypto by adding sustainability and cuteness to its currency.
Big Eyes Coin's sustainable aspect comes from running on the Ethereum blockchain, which has recently moved from a proof-of-work (PoW) consensus to proof-of-stake (PoS). Proof-of-stake is a more environmentally friendly mechanism due to its energy efficiency and it uses less specialised gear, which could minimise electronic waste.
Additionally, 5% of BIG's accessible tokens will be donated to ocean conservation programmes according to the blockchain network. Big Eyes Coin also has gained a lot of popularity online by pitching itself in an unorthodox manner by using a feline avatar with wide pupils to target the 'cute' business, which the BIG team says is worth $1 billion.
Stage six of its presale is already selling out fast, having already raised $9.23 million. If you are looking for a meme coin that distinguishes itself uniquely from other meme coins whilst contributing to protecting an important part of the world's ecosystem, consider purchasing Big Eyes Coin.
Billy Markus and Jackson Palmer launched Dogecoin (DOGE) into the cryptocurrency market in December 2013. DOGE is widely regarded as the first meme currency, as it is based on the 'doge' meme, which depicts a Shiba Inu dog amusingly staring at a camera while surrounded by internal monologues. For the most of its history, Dogecoin was seen as a funny cryptocurrency treasured by its community — but with no monetary worth.
That changed in 2021, when Dogecoin became one of the top 10 cryptocurrencies by market valuation. This was primarily due to getting publicly endorsed by entrepreneur Elon Musk, who praised the currency on Twitter in early 2021. Elon Musk's influence on DOGE continues presently, as on 29 October 2022, Dogecoin jumped more than 70% continuing this week's gains after Musk agreed to purchase Twitter for $44 billion last week. Dogecoin, like Bitcoin, has an edge over other meme currencies because it was the first to exist, providing purchasers confidence when purchasing.
Shiba Inu (SHIB) intends to be Ethereum's answer to Dogecoin's Srypt-based mining method and is the second most successful meme coin after DOGE. Shiba Inu was discreetly created in August 2020 under the alias "Ryoshi." SHIB quickly gained popularity and value after entering the market, as a community of investors were drawn in by the coin's cute appeal.
Along with its cuteness, Ethereum co-founder Vitalik Buterin helped Shiba Inu's popularity by contributing around $1 billion in SHIB to an Indian COVID-19 relief fund. Shiba Inu created a card collection game called "Shiba Eternity" earlier this month. In the game, users can choose from 10,000 Shiboshi heroes and 500 collection cards.
Shiba Eternity has over 100,000 downloads on Android, with a 4.6 rating from 11,500 user reviews. Shiba Inu has gone a long way since its debut in August 2020. SHIBA has swiftly climbed from obscurity to become the thirteenth largest cryptocurrency by market capitalization, with a market valuation of more than $6 billion.
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.
