Dogecoin (DOGE) and Shiba Inu (SHIB) have recently been skyrocketing in price. In the past week, Dogecoin has gone up 250% and Shiba Inu by 150%. In this article, we will examine why this is and also look at a newer meme coin on the block, Big Eyes (BIG).
A Blessing from the Dogefather
Dogecoin and Shiba Inu recently pumped up due to Elon Musk acquiring Twitter. There has been rampant speculation that the self-proclaimed ‘Dogefather’ has plans to decentralize the platform and use his “favorite crypto,” Dogecoin, as a currency that could be used to pay for services, such as Twitter’s Blue subscription.
Need for Memes – Doges Pursue
In addition, a plethora of other meme coins has shot up, such as Shiba Inu (SHIB), DogelonMars (ELON), and FLOKI (FLOKI). This is most likely due to most of the meme coins being associated with Elon Musk and Shiba Inus, resulting in similar price actions due to a high level of hype. These doges are PUMPED.
Big Eyes: A New Category of Meme Coin
Big Eyes (BIG) is an up-and-coming meme coin that stands apart from the pack of doges clamoring at Elon Musk’s feet – Big Eyes is a cute, anime-styled cat! Not only does Big Eyes stand out aesthetically, but functionally too. Many meme coins, such as Dogecoin and Shiba Inu, perform no inherent function; they are just there for memes’ sake.
Big Eyes is also here for memes and giggles but has an altruistic purpose – charity. 5% of all tokens will be held in a visible charity wallet, and the proceeds will be donated to charities focused on preserving ocean wildlife. Big Eyes also regularly donates to various charities on top of this; for example, their most recent donation was to Sea Shepherd, a climate justice charity “dedicated to defending, preserving, and protecting the oceans.”
Additionally, there is a huge gap in the market for cat-styled coins, as cat NFTs like CryptoKitties has already proved very popular. No cat cryptocurrency has currently been able to sink its claws into the top 100. However, Big Eyes has the chops and potential to be the first. Big Eyes already has incredibly solid backing behind it and has raised over $9 million so far in the pre-sale, with that figure still rapidly rising every day!
In our view, investing in a new meme coin that still has yet to launch but has immense backing behind it, like Big Eyes (BIG), is a very wise investment choice. Hopping onto a rocket that has not taken off yet is a fantastic opportunity to yield much higher gains than a coin that is already being incredibly hyped up. Big Eyes could very well be the next Dogecoin, and on top of making you rich, this cat could also be the catalyst for environmental change!
Big Eyes Coin (BIG):