Home Shiba Inu Big Eyes set to compete with Shiba Inu & Baby Doge Coin... Shiba Inu Big Eyes set to compete with Shiba Inu & Baby Doge Coin post raising $3.3M By admin - October 4, 2022 0 21 Facebook Twitter Pinterest VK WhatsApp The project is an exciting one, and one challenging my conventions seen within the meme token market. But what makes Big Eyes Coin unique, and how will it be able to compete with significant market competitors like Baby Doge Coin and Shiba Inu? In this article, we will be looking at these two meme token projects, before seeing how Big Eyes Coin could pose a legitimate threat. Shiba Inu Leads Meme Token Revolution Launched in 2020, Shiba Inu has revolutionised the meme token market, posing a genuine threat to market leader Dogecoin in the process. The token frequently dubbed the ‘Dogecoin Killer’, which was built on the Ethereum blockchain, was able to build such massive success in such a short period of time thanks to genius social media marketing through platforms like Twitter, alongside stunts involving Ethereum founder VitalikButerin. This, combined with good timing and even better luck, saw the token skyrocket in value, breaking the Coin Market Cap top 15 in an incredibly short time. Baby Doge Coin Follows In Shiba Inus Pawprints The success of Shiba Inu led to the creation of a host of other dog-themed meme tokens, taking the formula used by Shiba Inu and reshaping it to the project’s needs. One such token is Baby Doge Coin, which was launched back in June of last year. In just over a year, this token has been able to break into the top 250 cryptocurrencies by market capitalization, thanks to its cute token mascot design and deep understanding of the meme token market. Described by Coin Market Cap as having ‘learned a few tricks and lessons from his meme father, Doge’, Baby Doge Coin is a deflationary token, meaning that the amount of tokens on the market will reduce over time, adding value to the tokens currently being held by community members. This method gives early investors a great opportunity to make major returns if their tokens are HODLed, building hype and allowing the project to explode onto the scene. It is a smart choice from Baby Doge Coin, and one that has worked out incredibly well for the project. Big Eyes Teaches An Old Dog New Tricks With competition like this, Big Eyes Coins’ rise to the top will not be a straightforward one. However, there are multiple aspects of the project that give the project good odds of success. How much success, however, is still to be seen. There are two primary ways that Big Eyes Coin is separating itself from the crowd. Firstly, with its cat themed design and subtle jabs at dog-themed tokens like Shiba Inu and Dogecoin, Big Eyes Coin is making its opposition to the standards of meme coins be known loud and clear. Quotes from their website such as ‘No Dogs, No Masters’ make this defiance clear, however Big Eyes Coins defiance of meme coin norms goes far beyond appearances. The second biggest way that Big Eyes Coin is separating itself from market conventions is through their charity drive and NFT Marketplace, which have existed as part of the project since its inception, unlike other projects who choose to add these aspects later. Big Eyes Coins’ charity drive, for example, sees 5% of all BIG tokens being held in a charity wallet to be donated to ocean conservation. As a cat, the Big Eyes Coin mascot loves fish, and as the website describes, ‘Healthy oceans produce delicious cat food’. This goal is routinely seen posted across the Big Eyes Coin website as a key goal of the token, with users getting involved with the token actively helping in raising the value of BIG, and thus the value of the donation. These factors combine to make Big Eyes Coin a fierce competitor in the meme token market. Will you get involved? Check out the links below for more information: Presale: https://buy.bigeyes.space/ Website: https://bigeyes.space/ Disclaimer: This article is a paid publication and does not have journalistic/ editorial involvement of Hindustan Times. Hindustan Times does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein. The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. 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Source link RELATED ARTICLESMORE FROM AUTHOR Oryen Network 90% Fixed APY Supported By Risk-Free Value, Unlike Dogecoin or Shiba Inu Luna Classic, Shiba Inu and Chainlink – European Wrap 1 December Shiba Inu burn destroys 666 million SHIB, the meme coin could rally on one condition LEAVE A REPLY Cancel reply Please enter your comment! Please enter your name here You have entered an incorrect email address! Please enter your email address here Save my name, email, and website in this browser for the next time I comment.