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IS BIG EYES GOING TO COMPETE AGAINST RULERS OF ALTCOINS, ETH, AND MEME COINS, DOGE?

IS BIG EYES GOING TO COMPETE AGAINST RULERS OF ALTCOINS, ETH, AND MEME COINS, DOGE?

As the market again started crashing due to the global macroeconomic changes and other factors, almost all cryptocurrencies, including the father of altcoins, Ethereum (ETH), and the father of meme coins, Dogecoin (DOGE), also started trading in the red. At this time, can a new coin like Big Eyes (BIG) go as big as the former two had gone in their initial stages in the crypto market? Follow up to find this out! Ever since the market started healing from the recent crypto crash, people have been looking for affordable and potential cryptocurrencies that can give them some sweet gains. Although Ethereum (ETH) is not an affordable cryptocurrency for most masses, it is like the Bitcoin of altcoins that is enough for traders to purchase it.

Dogecoin (DOGE), on the other hand, is the pioneer of meme coins. Meme enthusiasts try never to miss a chance to buy this token in the dip due to its affordably lower price and potential, despite being a meme coin. Let's now dive deep to learn what makes these two special and favorite coins of crypto users, followed by the Big Eyes (BIG) token project, and how it can follow in their footsteps to become the same.

Ethereum (ETH) - The King of Altcoins

Ethereum (ETH) is the 2nd most popular cryptocurrency in terms of market capitalization. Apart from being a coin, Ethereum is an open-source blockchain used by many developers and FinTech companies to develop smart contracts. Moreover, it is also used to build decentralized applications (dApps). Many other cryptocurrencies are hosted on this blockchain with an ERC-20 token protocol. It is based on Solidity, a programming language. Vitalik Buterin is the man behind Ethereum (ETH). He is the founder and current CEO of the Ethereum network.

Ethereum (ETH) was first sold in 2014 and was first discovered in its whitepaper, written by Vitalik Buterin in 2013. He, with other co-founders, conducted its Initial Coin Offering (ICO) in 2014, which went pretty successful and raised $18.3 million in BTC by selling more than 60 million Ethereum (ETH). At that time, 1 Ethereum (ETH) had a price of less than half a dollar, and today it is probably the 2nd most expensive cryptocurrency that most masses can't afford even a single coin of $ETH.

The blockchain officially went live in July 2015. Since then, its price has been rising exponentially. It is because of its extensive utilities and many successful upgrades in different years after its launch. The names of some popular updates on Ethereum (ETH) are:

  • Constantinople
  • Istanbul
  • Muir Glacier
  • Berlin, and
  • London hard fork

The latest update of Ethereum (ETH) to go live in September is its Merge. Almost the whole crypto market is awaiting this update that will shift the old Ethereum to Ethereum 2.0. If it goes successful, it is expected to see a massive pump in Ethereum's price.

Dogecoin (DOGE) - The King of Meme coins

Dogecoin (DOGE) is the first meme coin to launch in the crypto market. It officially went live in 2014, defining a new category in the crypto market. The token stayed away from people's attention for years. However, its price started booming when the world's richest person, Elon Musk, started talking about it in early 2021. People started buying $DOGE massively, and the meme coin's price skyrocketed, making it rank among the top 20 cryptocurrencies in terms of market capitalization. Dogecoin (DOGE) retains its position in the rankings because of its development and growth. The developing team is motivated to keep listing the token on various platforms and partnering with financial giants and institutions.

When Elon Musk announced using it as a payment method on his Tesla Merch, the coin went on hype, and crypto users started equipping it in their portfolios. Many developers started launching their meme tokens after looking at $DOGE's massive success and hype. Today, more than 200 meme tokens are listed on CoinMarketCap, and many more are under development yet. However, most of them have no real-life use case or application. Let's see what the following has in terms of utilities.

Big Eyes (BIG)

Big Eyes (BIG) is a new meme token project in the crypto market. Although the project is under development yet, the presale of its tokens has already begun. Unlike previous meme tokens having a dog icon, Big Eyes (BIG) comes up with something new and cuter. It is based on a cat theme, and the icon also showcases a cute Japanese anime-style cat face. The team behind Big Eyes (BIG) is motivated to make this project a success by building up a strong community that will have all the rights of governance in the $BIG ecosystem.

Tokenomics of Big Eyes (BIG)

Big Eyes (BIG) team has minted 200,000,000,000 tokens as the total fixed supply. From this, almost 70-80% will be available for users to purchase in the already live public presale. The remaining 20% left after the presale will be distributed to various crypto exchanges so that the users who couldn't purchase the token at a cheaper rate in the presale could buy it later. There will also be charity and marketing funds that collectively constitute 10% of the token's total supply and have equal allocation.

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