Take a look at all the leading meme tokens on Coin Market Cap, and you will see only canines. And not only canines but almost all of the same breed: Shiba Inu.
Indeed, even the first meme coin to come into fruition was Shiba-based Dogecoin (DOGE). It begs the question, why after almost a decade, do dog-based meme tokens still dominate the market? Who decided that a dog would be the most attractive animal for investors? And why so many copycats?
This is nothing against the Shiba Inu breed, but if a meme coin’s value is based on cultural and internet memes, then surely 2 million and more cat videos on Youtube alone is a sign that cat meme tokens are an untapped market. One Big Eyes Coin (BIG) aims to take advantage of.
The Rise Of The Shiba Inu Coins: Dogecoin, Shiba Inu, Baby Dogecoin, Dogelon Mars, Doge Dash, Dogs Of Elon, Doge Bash, Vita Inu, etc.
With the help of Elon Musk’s Twitter prowess, Dogecoin (DOGE) and Shiba Inu (INU) became household names back in 2019. The price of Dogecoin (DOGE) rose over 36,000% in the following two years, and all of a sudden, Musk fans began to create meme tokens dedicated to Musk’s love of the Shiba Inu breed. This is why many market-leading coins mention his name (take Dogelon Mars (ELON) and Dogs Of Elon (DOE), for example).
To someone unfamiliar with cryptocurrency, the idea that social media influence can inspire a category of internet meme currencies would seem bizarre. Elon Musk’s approval alone has shaped the meme currency market to the extent that it would be hard to imagine Shiba Inu coins without them. But then again, maybe Big Eyes Coin could soon change that.
The Fall of Shiba Inu Meme Coins
Like any internet trend, eventually, irrelevancy will occur. The same is true of Dogecoin (DOGE) copycats and Dogecoin itself. Now the hype has subsided, there is little incentive to invest in Shiba Inu coins that do not hold much value. As a result, most dog-based meme currencies (even if they still lead the market) have lost over half their value.
Another nail to Dogecoin’s (DOGE) coffin is the ongoing lawsuit made against Elon Musk for allegedly contributing to a Ponzi scheme to boost Dogecoin’s value by encouraging investors to buy it. Although this lawsuit is not yet settled, it does tarnish Dogecoin’s (DOGE) reputation.
Now is a better time than any for a feline to take control of the meme coin market and to do so not based on hype but on its own special merit.
Introducing: Big Eyes Coin, A Dogecoin Contender
Unlike market-leading dog coins, Big Eyes Coin (BIG) does not need Elon Musk’s endorsement to thrive. Big Eyes Coin has raised over $3.5 million in its presale in a short time, causing a stir among crypto enthusiasts. Currently, in its third stage of the presale, Big Eyes Coin (BIG) is selling out fast. Each time a stage is completed, the token’s price increases by 25%.
Additionally, 5% of Big Eyes’ total token supply is specifically dedicated to a marketing wallet. This has potentially generated some of the most well-designed and appealing marketing for a meme coin ever. In a world that is increasingly led by social media, Big Eye’s Coin’s channels, such as Twitter or Instagram, encourage potential investors to join the Big Eyes community.
What Is The Appeal Of Big Eyes Coin?
Big Eyes, the cat, has an adorably unique narrative to match its cute appearance. One that leads Big Eyes to realize it needs to save the oceans to eat fish. What can Big Eyes do about it? They need to use their cuteness as a currency so that 5% of their total tokens can be held in a charity wallet. This wallet would then be donated to ocean sanctuaries.
Although there are many reasons for the Big Eyes Coin (BIG) current presale success, perhaps this is the one that captures the hearts and minds of investors the most. Wherever Big Eyes’ campaign goes, it distinguishes itself from the clutter of dog meme coins currently on the market and makes a name for itself. This factor alone could promise a return on investment.