New kid on the block Big Eyes Coin has come onto the meme token market swinging- in just 24 hours, the project was able to raise half a million dollars, with the project having raised a total of over $5 Million, despite still being in presale.

Numbers like this are no joke, and pose an interesting question: can a token as defiant as Big Eyes Coin overtake meme token giants like Shiba Inu and Dogecoin?

In this article, we will look at what Dogecoin and Shiba Inu have done to make it this far in the crypto game, before seeing if what Big Eyes Coin is doing poses any threat to the status quo.

Dogecoin Sets the stage for the Meme Token Revolution

As the crypto market’s first meme token, Dogecoin was the project that set the standard for meme tokens to follow.

Taking the popular Doge meme and using the image as the project’s token icon, Dogecoin was able to ride the cultural wave that the meme created back in the early and mid-2010s, having launched in 2013 during the meme’s peak popularity. By taking a popular cultural image and integrating it with crypto, Dogecoin was able to make a bold statement about the realities of cryptocurrency, all while demystifying it for the general public.

In the early 2010s, cryptocurrency was seen almost exclusively as something completely serious, and only accessible to those with advanced computing knowledge. Dogecoin disrupted this completely, showing that crypto had the potential to be fun and a way to build community. Dogecoin proved that crypto was for everyone and that anyone could get involved.

In this regard, Dogecoin was revolutionary. However, as the crypto industry grew and tokens with more utility and newer blockchain technology backing came onto the market, Dogecoin has had to fight to keep its place as the sector’s top dog.

Shiba Inu sets off the dog theme Meme Token wave

One of Dogecoins’ biggest competitors in today’s crypto market is Shiba Inu, which is frequently dubbed ‘The Dogecoin Killer’.

Shiba Inu has made many updates to the formula established by Dogecoin. Firstly, by using a more generic cartoon image of a Shiba Inu dog, the project was able to present a less dated image, and by building itself on the Ethereum network Shiba Inu was able to boast far more utility than Dogecoin from the start.

The project also has many big ambitions, such as the creation of SHIB: The Metaverse. This will see Shiba Inu and its community taking on the metaverse, to show the real power that meme tokens hold.

Big Eyes Coin defies all expectations with the Purr-fect Mascot

With all this talk of dogs and Shiba Inus, seeing a cat-themed meme token entering the market is a breath of fresh air. It is also active defiance of the conventions set by Dogecoin and Shiba Inu, giving it an immediate appeal to those looking for something different in the meme token market.

But surely, there must be more to the Big Eyes Coin project than just a cute mascot design- after all, how could a project raise $500,000 in a day with no substance behind it?

There is more that makes Big Eyes Coin rebellious beyond visuals. Big Eyes Coin is also defying meme token conventions by entering the market with its brand image and community established, all while doing everything possible to reassure investors of the safety and legitimacy of the project.

The project also entered the market with its goals established- for example, consider Big Eyes Coins’ charity incentive, which has been a part of the project since day one. The charity drive has seen 5% of all BIG tokens be held in a dedicated charity wallet, which will be donated to ocean preservation charities along the course of the project’s roadmap.

Many meme tokens do not take this approach, instead opting to only create charity initiatives after their project has launched successfully. It proves that Big Eyes Coins’ charity work is being done out of the team’s genuine desire to do good and that there is more to the project than just being a simple meme token.

Big Eyes Coin has been safety audited by Solidity Finance and has secured a Tier 1 listing on CEX Exchange once the presale has concluded. Early buyers can also benefit from Big Eyes Coin’s current discount code, BIGOCT22, for 5% off token purchases.

Want to know more? Then follow the below links:

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Sponsored

Moshnake (MSH) is a new crypto asset that has a fun and unique concept but holds equal potential as coins like Decentraland (MANA) and Axie Infinity ( ). It’s a community-based crypto asset that could go up against coins like Algorand (ALGO) and Dogecoin (DOGE) this year.

New DeFi protocols like Moshnake (MSH) are often questioned regarding legitimacy with investors. Most of these investors stumble on the projects on platforms like Telegram and Discord and sometimes with no whitepapers, which makes it difficult to thrive as a new coin.

However, like Dogecoin (DOGE) and Algorand (ALGO) were able to scale through this period, Moshnake (MSH) could also be headed for what seems to be a smooth beginning in the crypto space. The coin could be getting much interest from Dogecoin (DOGE) soon as the presale period offers bonuses for DOGE holders.

There will be 120 million Moshnake (MSH) tokens during the public presale. This guarantees the accommodation of many crypto investors into its ecosystem. In addition, there will also be a series of airdrop campaigns for Moshnake tokens during the prelaunch period.

Can Moshnake Become As Popular As Dogecoin and Algorand This Year?

Algorand (ALGO) is a famous blockchain platform that received the Turing Award in 2012 for its immense contributions to cryptography. The platform is decentralized, efficient, and scalable, built on innovative contract technology. It is designed to reflect real-world features and has attracted partnerships with reputable organizations like Fifa and Marshall Islands, making it a smart choice for investors.

Dogecoin (DOGE) is also the first meme coin in the crypto market, building a foundation for dry every other copycat and meme coin to thrive on. Although several meme coins have been developed after DOGE, none has been able to displace the original, thanks to the coin’s popularity in the market and the involvement of influential people like Elon Musk.

Moshnake (MSH) aims to become the next popular coin in the crypto world after selling 120 million MSH tokens. The coin has a unique concept that will intrigue many crypto investors and a reasonable roadmap for its launch. Players will be able to start earning when they play the PVE or PVP mode of the game and can also sell NFT items they earned in the internal NFT marketplace.

The NFT marketplace is one of the most significant prospects for Moshnake. NFTs are known to be highly volatile and profitable, which means Moshnake players might be making incredible profits from the game community with these NFT deals. In addition, a record-breaking sale on the Moshnake (MSH) NFT marketplace can quickly bring it into the spotlight like Dogecoin (DOGE).

Buy Moshnake during Presale To Join The Next Crypto Ecosystem Set To Reward Crypto Enthusiasts Like Dogecoin and Algorand

The steps to buying a Moshnake token are pretty simple to follow. You can purchase with ETH, BNB, or USDT. But, you must have a sufficient ETH or BNB balance to make a purchase successfully; otherwise, you’ll have to purchase ETH first.

Once you enter the number of MSH and VEN you want to buy, your wallet provider will ask for confirmation and show you the cost of gas. To join the Moshnake Community, you can follow the three simple steps below:

Step 1. Set up a functioning Metamask Wallet and add the Binance Smart Chain (BSC) to the Network (It is advised that you use a desktop browser for a better experience).

Step 2. Once you’ve selected your preferred wallet provider, click “Connect Wallet” and choose the corresponding options.

Step 3. Once the presale ends, you can submit a claim to your tokens.

Moshnake (MSH) is a fast and cheap crypto-assets built on BNB Smart Chain (BSC). Thanks to its compatibility with Metamask and hardware wallets, it could be widely accepted by many crypto investors. The potential of its NFT marketplace makes it one of the best crypto investments this year, alongside popular coins like Dogecoin (DOGE) and Algorand (ALGO).

To Join Moshnake, Click Below:

Website: https://moshnake.io
Telegram: https://t.me/MoshnakeOfficial
Twitter: https://twitter.com/moshnakeToken

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Vladimir Putin, the President of Russia seems to be in favor of cryptocurrencies and their use in the payment sector. In a recent interview with CNBC, Putin said crypto-assets  “has the right to exist and can be used as a means of payment,” Russian President’s pro-crypto stance came as a surprise to many given Russian central bank has issued several warnings for crypto traders, reminding them of high risks that come with a crypto trading.

Putin’s comment on seeing crypto as a potential payment tool comes at a time when the US and several other European nations are considering strict regulations on the crypto market. Russian President also noted that the technology is relatively new and thus unstable, but with time it can grow to become a legitimate tool for payments. He explained,

“The cryptocurrency is not backed by anything yet. It exists and as a means of calculation can be used, of course, yes, but trading in oil, say, or other primary materials and energy sources – still, it seems to me, it’s too early to talk about this for now.”

“But everything develops, everything has the right to exist. We will see how it will go further, maybe someday it may also be a means of accumulation. We see this market fluctuate. It’s a bit early today.”

Can Russia Take a Different Route Than the US

Putin’s comments on the cryptocurrency market reflect that Russia has not dismissed crypto assets altogether. Russia is also facing sanctions from the US since 2014, and the growing popularity of digital assets could help the nation overcome trade sanctions, just like Iran tried doing it using Bitcoin.

The US on the other hand has assured they have no plans of banning crypt altogether like China, but the strict policies and regulatory crackdown threatened by SEC could surely act as a barrier to the growth of the crypto market.