Meme coins, as the name implies, are cryptocurrency tokens whose formation was inspired by funny images, videos, ideas, or any other media form. Meme coins usually have an unlimited supply and are subject to extreme value changes over a short period.
In the early days of meme coins, they were designed originally only to be traded, without use cases, but with the current boom of meme coins in the crypto market, new meme coins now have use cases and are doing well in the crypto market.
The popularity of meme coins is driven by a trending meme, joke, or pop culture on the internet. In recent times, meme coins have gained much popularity, and a few meme coins have made it to the top 20 cryptocurrencies by market cap. This gain in popularity of meme coins has paved a promising way for meme coins yet to be fully launched into the crypto market.
The first meme coin created was Dogecoin. Dogecoin was created as a meme to mock other mainstream cryptocurrencies. Little did the creators, Billy Marcus and Jackson Palmer, know that Dogecoin was going to forge ahead and become the biggest meme coin and one of the top cryptocurrencies by market cap.
Big Eyes Coin (BIG), a new meme coin that looks to shift wealth into the decentralized finance (DeFi) ecosystem, is currently in the pre-sale stage and will be discussed alongside Dogecoin and Shiba Inu.
Introducing Big Eyes Coin
Big Eyes Coin is a community meme token aiming to shift wealth into the DeFi ecosystem and protect parts of the world’s ecosystem. Community tokens are significant sources of income for the community and charities. Generating wealth for communities and charities is the dominant feature of community tokens. Big Eyes Coin is building a blockchain ecosystem that propagates growth by using Non-fungible tokens (NFTs) to allow individuals access to events and contents that make the blockchain worthwhile.
Every meme coin has a story behind it, and Big Eye Coin is no exception. Big Eyes Coin is the name given to a cat born in Washington, DC, and adopted by a rocket scientist couple who worked in NASA. The couple and Big Eyes were inseparable, and he learned the fundamentals of space engineering from the couple.
At just three years of age, however, a tragic accident involving dark matter and a YouTube experiment left Big Eyes alone for the first time. In the bid to find himself, Big Eyes pulled a lift on a yacht and circumnavigated the world. During this period, Big Eyes learned the way of the sea, the importance of nature, and how to feel good with yoga. During a storm, Big Eyes was thrown overboard and once again found himself alone. He would have drowned but was picked up by a whale who bravely sailed him to Japan.
Big Eyes spent a year in Japan, learning the Japanese culture, discovering a natural
talent in the art of Sushi, and practicing Zazen. Big Eyes was tired of being cute, seen as meek and weak. During one of his meditations, he finally came to terms with his cuteness, realizing it was a strength and not a weakness and that humans needed guidance on saving the ocean.
Big Eyes realized that cute is a billion-dollar industry, so he hatched a plan to cash in and save the ocean’s fish; after all, a cat has to eat.
Big Eyes Coin is all about fast growth, and the time is short, so the plan is to :
- Win the crypto meme popularity contest: Big Eye coin looks to be the most talked about meme coin in 2022 and keeps rising through innovation.
- Win the NFT beauty contest: The first NFT project will feature Big Eyes taking into the sea because art is in our hearts like the oceans. These NFTs won’t be just arts but also access to events in the ecosystem.
- Wear the stare: digital and physical merch will be produced to create awareness and fund fundraising.
- Unconfused DeFi: Big Eyes swap will be as simplified and user-friendly as possible.
- Evidence-based hype: The cats say it and do it. The cat community promises action from the presales forward.
Big Eyes Coin Tokenomics (Cuteomics)
Big Eyes Coin has a total of 200 billion tokens (200,000,000,000) with no buy tax and no sell tax. 70% of the total tokens in supply will be sold during a public pre-sale, 20% for exchanges, 5% for the marketing wallet, and 5% for charity.
For the Non-Fungible Tokens (NFTs), a 10% tax will be charged, from which 4% is distributed to the original seller, 5% to the actual seller, and 1% to charity.
Big Eyes Coin Plans of Action
The actions planned for the sale and marketing of Big Eyes Coin are divided into four stages.
Stage one: Crouch
- Audit of tokens
- Pre-sale website live
- Pre-sale live
- Media stunt live
- PR machine live
- Social media live
- 15,000 telegram members
Stage two: Leap
- Launch on Uniswap
- Full website live
- 25,000 telegram members
- 20,000 holders
- Verification of all social media channels
- Merch shop live
- Listings on new swaps
- Big Eyes swap live
- NFT snippets released
- First bridge added
- The first donation to charity
Stage three: Run
- NFT release
- Second donation to charity
- 50,000 telegram members
- 50,000 holders
- Bigger media stunt
- First NFT exclusive IRL event
Stage four: Catwalk
- All about community events
- $ 1 million to charity
- Bridge More Chains
- Addition of more Swaps
- Evolution of NFTs
DogeCoin (DOGE) – The Leading Meme Coin
As mentioned earlier, Dogecoin is the first meme token in the cryptocurrency market. DOGE was created as a joke to mock Bitcoin (BTC) and other cryptocurrencies majorly. The meme that led to the birth of Dogecoin is a picture of a Shiba Inu dog.
Dogecoin developed a vast online community in less than a month after its launch on December 2013. In 2021, the price of Dogecoin went up by over 500%, reaching a unit price of $0.07. This spike in the price of Dogecoin was triggered by a lot of activities which include;
- The Twitter encouragement from Elon Musk, CEO of Tesla and SpaceX,
- Mark Cuban, Dallas Mavericks NBA team owner, announced that tickets and products could be purchased with Dogecoin,
- Snoop Dogg and Gene Simmons also took Dogecoin to their Twitter pages.
All these events aided the growth of Dogecoin. By January 2022, Dogecoin was one of the top 20 cryptocurrencies, with a market cap of over 8 billion dollars. Dogecoin (DOGE), like another cryptocurrency, operates on a blockchain.
Dogecoin’s blockchain employs a proof-of-work consensus mechanism in which computer miners use computing power to process transactions and log them on the blockchain. Dogecoin can be traded on major cryptocurrency exchanges. Dogecoin’s decentralization and absence of a maximum supply are its fundamental characteristics.
Baby Dogecoin (BABYDOGE)
One rapidly expanding meme token developed on the Binance smart chain is Baby Dogecoin (BABYDOGE). On June 1st, 2021, Baby DogeCoin (BABYDOGE) was established as a humorous meme token with a goal. The number of Baby Dogecoin holders topped 100,000 twenty-one days after its release. Baby Doge offered the swapping feature and credit card for cryptocurrency payments directly on its website. Baby Dogecoin owners can track their rewards from their wallet balance, coin value, and other factors using the paw wallet. The Non-fungible Token (NFT) Marketplace is the Baby Doge team’s newest endeavor. Users can develop, purchase, and auction their Non-Fungible Tokens (NFTs).