The year 2013 saw the creation of the surprisingly important memecoin market. Since each of the players in that scene have had their share of time in the news, if you’re big on what’s happening in pop culture, memecoins might just turn out to be the investment you are looking for! Here’s our top picks for memecoins: Dogecoin, Shiba Inu, and the up-and-coming new Big Eyes Coin: launching soon to revolutionize the memecoin market!
Dogecoin: The Undefeated Memecoin
Created as a joke on the Shiba Inu meme in 2013, Dogecoin (DOGE) now sits at the top of the memecoin market, and is often included in the top 10 cryptocurrency rankings of all time. And it isn’t alien to endorsements, from businessman Mark Cuban, Kiss Frontman Gene Simmons to Tesla and SpaceX Mogul Elon Musk, who almost got in legal trouble for allegedly tweaking its value in the market, after maintaining a very public stance about his support for the coin. Musk’s tweets skyrocketed Dogecoin to its market cap of $88 Million in May 2021 while also marking it as a popular name in pop culture. The wave, however, fell flat shortly after.
Transaction tracker service Whale Alert recently tweeted about a dormant address with 1,556,994 DOGE ($123,155 at the time of writing) being reactivated after a slumber of 9.3 years. It is likely that the DOGE tokens were acquired shortly after launch, highlighting the significance of long-term investment in the first memecoin. In fact, data intoThe Block reveals that there has been an increase in the amount of long-term investors of Dogecoin in recent years.
Shiba Inu: The Dogecoin Killer
Dogecoin’s biggest rival, Shiba Inu (SHIB) has grown to become the second biggest meme token in the market. Though sporting the moniker “Dogecoin Killer ”, the memecoin is supported by a passionate community that has in the past come together for bringing about good. Take their involvement with the Shiba Inu Rescue Association (SIRA) for instance: a percentage of every transaction of the token goes directly to SIRA funds. Apart from this, the coin also has its own DEX ShibaSwap, an NFT Art Incubator, a personalized cold wallet, and a game in the wings. They also launched an NFT Collection in 2021; 10,000 unique tokens that were all sold out in just about 30 minutes.
While the price of SHIB has seen a dip recently, at the time of writing, data from Shibburn showed a burn rate increase of 75,000% in the past week, indicating the existence of a healthy network for the memecoin.
Big Eyes Coin to Take Over Memecoins
Have you heard? There is a new cat in Memecoin Town! And with a collection of a whopping $35.6 Million in presales, Big Eyes Coin (BIG) is no ordinary cat. The number only grows, and it’s clear that the BIG community is very excited. Which is why they have just announced their launch date: the 15th of June!
Big eyes has garnered quite the following: they have a Telegram community of 26,000, and their Twitter handle is always bustling with new contests and announcements. Not only that, their roadmap includes an NFT Space, the Sushi Crew, after having launched a range of adorable cards that can be minted as NFT’s. Speaking of the roadmap: they recently announced the launch of their very own Casino, with over 4000 games, including their own pay-to-earn (P2E) games, playable exclusively with BIG, no fiat investment needed! In fact, any crypto holding can be traded in for BIG tokens to play.
Coming back to the presale, the BIG Team wouldn’t just end THAT iconic presale without a worthy send-off, so they’ve brought back the popular Double Up now feature. It allows users to double their wallet holdings for just 25% of their benefits. This is a very limited time offer, and you might want to hurry up about it! Apart from that, there is also the code END300, that brings you a bonus of upto 300% when you purchase BIG or their Lootboxes. It’s a feast of returns with Big Eyes Coin!
Memecoins are taking the market by storm, and Dogecoin and Shiba Inu have contributed to the wave. While the track record of both coins has shown a surge in their prices at some point, it is also important to note that these surges could not be sustained. Features that focus on utility while also attracting investor interest to expand the community can help sustain a gradual surge. In those terms, Big Eyes Coin takes the cake, with enticing rewards, and an impressive roadmap. The track record shows these schemes have been doing the trick, and so this is one meme coin that is going to make it BIG!
Find out more about Big Eyes Coin (BIG):
Presale: https://buy1.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
OpenSea: https://opensea.io/collection/big-eyes-lootbox-cards
Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.
