Big Eyes Coin reveals big plans; Apecoin & Decentraland fights selling pressure

Mark PetersonMay 10, 2023Last Updated: May 10, 2023

Apecoin: The APE fights bears to regain lost value

Apecoin was created by the Bored Ape Yacht Club team and is used as the utility token in the APE ecosystem. The token is a governance token that holders can use to vote on decisions on the Apecoin DAO, which controls the APE ecosystem. The APE ecosystem comprises NFTs, play-to-earn (P2E) games, and other web3 applications centered around Metaverse and Otherside projects.

As of writing this article, APE saw a value drop of 1.49% in the past 7 days but has posted a gain of 1% today. The upsurge, though marginal, has raised hopes that the token is on its way out of the grips of the bears.

Bored Ape Yacht Club

Dentraland: The crypto visualising the Metaverse

Decentraland is a crypto network allowing users to create and own land in its Metaverse. The network can also host other DApps and DeFi projects. The network uses MANA as its utility token. Holders can use MANA to buy plots of virtual land or build applications in the Decentraland ecosystem. Users can monetize the plots of land on the network’s Metaverse through interactive games and NFTs.

Decentraland is based on the Ethereum blockchain and offers high scalability and security. The network saw a half percent drop in value in the past 7 days but, at the time of this writing, has posted a 3% gain. MANA is seeing selling pressure decrease and is projected to gain as the market overcomes the current gloom.

Big Eyes coin pushes past bears

Big Eyes Coin has caught the attention of the crypto market with its stellar presale. The token has mopped up investment worth more than $35 million. The cat-themed token is on presale till June 3rd and will launch on Uniswap on June 15th. The cat crew has released the END300 promo code to end the presale with a bang. The code will get investors a handsome 300% bonus on their purchase of $BIG.

Big Eyes Coin aims to transfer wealth from the traditional financial system to the DeFi ecosystem. The team has released a detailed roadmap for its future to achieve this goal. The team has stated that the network will launch the BIG Casino by August. The BIG Casino will have over 4000 games and multiple plays to earn titles and will use $BIG as the utility token.

Big Eyes Coin has also launched NFT cards with its loot box campaign. Community members can use the cards to mint BIG NFTs and trade them on Opensea, the largest NFT marketplace. Big Eyes Coin plans for its ecosystem will give it the edge to compete and win against Dogecoin and Shiba Inu.

Win More with Big Eyes Coin

Apart from its ecosystem Big Eyes Coin major draw is its environmental commitment. The project has pledged 5% of its total liquidity to be kept in a public charity wallet. Big Eyes Coin community members can vote on the fund allocation on the charity wallet.

The last bite

Apecoin and Decentraland represent the coming age of NFTs and crypto ecosystems. These tokens have huge potential but must overcome the tests of a challenging market. Big Eyes Coin is an outlier to the trend of a downturn in the crypto market. The project’s presale has brought in more than $35 million in investment. The huge presale figures underline the confidence of investors in the project. The project’s roadmap will add to the excitement of the project.