DeFi tokens are continuing to see increased adoption and are perpetually bringing innovation to the progressive industry Among DeFi tokens are meme coins (coins created out of a theme, internet joke, or popular/trending subject) rising alongside the growth of DeFi innovation.
Some meme coins created following the launch of Dogecoin — with no utility of asset backing — now power utilities and projects to their names.
While DeFi is crowded with hyped projects and cryptocurrencies, it’s okay to be skeptical about any project not featured in the top 100 or 200 cryptocurrencies list. But do you know that these alternative areas could be your goldmine?
For instance, there are newer cryptocurrencies like Big Eyes Coin (BIG) — a meme token that draws its theme from the cat family. Just like Dogecoin and Shiba Inu, $BIG is set for a breakout in the crypto market.
In the course of this article, we’ll peer into this cryptocurrency that everyone is talking about and is set to make its expansive mark in the crypto industry after raising $1 million just days after launching.
Dogecoin, a preferred meme token by billionaire investors and CEO, Elon Musk, has remained the number one meme coin in the crypto market based on a market capitalization of more than 9 billion USD. This is coming after media criticisms on Dogecoin not powering a utility as meme token rivals — Shiba Inu and FLOKI.
Dogecoin founders have also been vocal about their skepticism of the token, and propose a stronger and more consistent community as a way of keeping Dogecoin alive.
In 2015, Jackson Palmer, a co-founder of Dogecoin, left the project, citing reasons to a toxic crypto community and all. While this move left its mark on Dogecoin, it did not limit the token from reaching the sky.
Dogecoin appears to be the mirror for many up-and-coming meme tokens. Its doggedness and resilience in uncertain crypto market seasons have made it a preferred store of value for many crypto contributors and enthusiasts.
Adding to Dogecoin’s advantages is its large community across the internet who have hijacked the project and made it a duty to see that Dogecoin’s rival, Shiba Inu, does not overtake it (as in SHIB’s goals: to dethrone Dogecoin).
Dogecoin, leading regular positive price points could set it on the high-end of the meme token seesaw. This could make it difficult for other competing meme tokens to meet up to DOGE’s landmark.
Shiba Inu, dubbed the “DOGE killer,” is one of the few meme tokens that has risen above the ranks to feature in the top 20 cryptocurrencies in the market. This is coming after Shiba Inu’s strategic partnerships, internet campaigns, and innovations.
For example, Shiba Inu is accepted as a means of payment in many merchant and B2B companies. Also, SHIB’s partnership with The Third Floor, a graphic design and illustration company, and partner with film production kingpin, Marvel, introduced the token to the entertainment industry.
Shiba Inu has more than 1.5 million community members who are all holders of the token and contributors to the Shibaverse. This robust community has kept the meme token relevant and constantly scaling and soaring the crypto market.
High volatility and extreme prices are a situation faced by Shiba Inu. This could be an added advantage to advanced traders who use this to grow their asset portfolios.
The ShibVerse launched its first non-custodial DEX, ShibaSwap, which supports cross-chain swap for more than 4 blockchains. This strategic move makes it easier for traders on the ShibaSwap to utilize SHIB and create in-depth liquidity using the token.
The ShibArmy and utility in the Shiba Ecosystem all contribute to pricing breakouts, which could push SHIB up in the top 10 cryptocurrencies like Dogecoin and the rest.
Earlier in the introduction of this piece, we introduced Big Eyes Coin (BIG), a cat-themed meme token that wants to bring its quota to the meme token ecosystem. Big Eyes (BIG) is pushed by the desire to provide solutions to some of the problems surrounding DeFi such as low liquidity, fraudulent NFTs, high carbon emissions, and so forth.
Big Eyes aims to use its meme token [BIG] to change the narratives and provide support to charitable and environmental causes.
Additionally, holders of the BIG token can provide liquidity through decentralized protocols on Big Eyes, including Big Eyes NFTs. 5% of the transaction fees (+1% from NFT trading) go to charity.
After all said and done, loyal users of the Big Eyes ecosystem get huge rewards in form of the BIG token and other loyalty incentives present and yet to come on the ecosystem.
Big Eyes is set to boom with a public launch
Big Eyes boom is hanging on a thin thread following presale. This is because many enthusiasts are already buying the BIG token in large quantities because of its potential to skyrocket with a public introduction.
The frenzy around buying the BIG token is due to the fact that the protocol is properly audited and does not appear to be a rug pull (although due diligence is advised before participating).
Big Eyes is following the trails of Dogecoin and Shiba Inu to success. Its success plan has been mapped out in its roadmap to show interested individuals and institutions how they can become part of Big Eyes’ innovation and project. Only those who currently hodl Big Eyes native coin (BIG) will be part of its present and future.
As a community-driven ecosystem, becoming part of the Big eyes ecosystem is necessary to contribute to its governance protocols. Just like SHIB and DOGE, BIG is the only ticket you need to become part of the protocol. Below are the steps to buying $BIG tokens:
Step 1 — Visit Big Eyes Main Website
As mentioned earlier, Big Eyes is dedicating 70% of its total supply to presale. At the time of writing, there are barely 9 billion tokens left out of the 140 billion tokens dedicated to the presale phase. You could still join the presale and buy as many tokens as possible.
Step 2 — Buy BIG tokens with credit/debit cards
You can simply buy BIG tokens using a debit or credit card. If it’s not possible to buy BIG tokens due to jurisdictional setbacks, you can connect a crypto wallet and make the purchase: see how to do that in step 3.
Step 3 — Connect a crypto wallet
Suggested wallets may include MetaMask or Trust Wallet. You could sign up to MetaMask wallet as a browser extension or as a standalone platform.
Step 4 — Fund your wallet with USDT or ETH
Ensure your crypto wallet is fully funded. Otherwise, fund it with USDT or ETH using a P2P exchange or by buying the digital assets from a centralized exchange and sending them to your connected wallet above.
Step 5 — Buy BIG tokens
The next step is to head to the section with the “BUY NOW” tag and click the button to get started as stated in the step-by-step process above.
You can find more information here.