The Big Eyes coin enters the third presale phase with 3.3 million dollars collected. How will it compete with the Shiba Inu and the Baby Doge Coin? – Mag Mirror

The project is exciting and challenges my conventions in the meme token market. But what makes Big Eyes Coin unique, and how will it be able to compete with major competitors in the market like Baby Doge Coin and Shiba Inu?

In this article, we are going to take a look at these two meme token projects, before seeing how Big Eyes Coin could pose a legitimate threat.

Shiba Inu leads the meme token revolution

Launched in 2020, Shiba Inu revolutionized the meme token market, posing a real threat to the market leader, Dogecoin.

The frequently dubbed “Dogecoin Killer” token, which was built on the Ethereum blockchain, was able to become so successful in such a short time thanks to brilliant social media marketing via platforms like Twitter, as well as stunts involving Ethereum founder Vitalik Buterin. This, combined with good timing and even greater luck, allowed the token to skyrocket in value, surpassing the top 15 Coin Market Cap in an incredibly short time.

The Baby Doge piece follows in the footsteps of Shiba Inu

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 suit the needs of the project.

One such token is the Baby Doge Coin, which was launched in June last year. In just over a year, this token has managed to break into the top 250 cryptocurrencies by market capitalization, thanks to its cute mascot and deep understanding of the meme token market.

Described by Coin Market Cap as having “learned a few tricks and lessons from his meme dad, Doge”, Baby Doge Coin is a deflationary token, meaning the amount of tokens in the market will decrease over time, adding value to tokens currently held by community members. This method gives early investors a great opportunity to earn significant returns if their tokens are HODLed, creating excitement and allowing the project to explode onto the scene.

It’s a smart move on Baby Doge Coin’s part, and one that has worked incredibly well for the project.
Big Eyes teaches old dog new tricks
With such competition, Big Eyes Coins’ rise to the top will not be easy. However, multiple aspects of the project give it a good chance of success. It remains to be seen what this success will be.

Big Eyes Coin stands out from the crowd in two main ways.

First off, with its cat-themed design and subtle rants against dog-themed tokens like Shiba Inu and Dogecoin, Big Eyes Coin is making its opposition to the norms of meme currencies loud and clear. Quotes from their website, such as “No Dogs, No Masters,” clearly show this defiance, but Big Eyes Coins goes far beyond appearances.

The second way Big Eyes Coins stands out from market conventions is through its charity campaign and NFT marketplace, which have been an integral part of the project since its inception, unlike other projects that choose to add these aspects later.

The Big Eyes Coins charity campaign, for example, calls for 5% of all BIG tokens to be kept in a charity wallet to be donated to ocean conservation.

As a cat, Big Eyes Coins’ mascot loves fish and, as the website describes, “healthy oceans produce delicious cat food.” This objective is regularly displayed on the Big Eyes Coin website as a key objective of the token, and users who engage with the token actively contribute to increasing the value of BIG, and therefore 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?

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The Big Eyes coin enters the third presale phase with 3.3 million dollars collected. How will it compete with the Shiba Inu and the Baby Doge Coin? – Mag Mirror

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