Despite 2022 being a tough year for active crypto buyers, the interest for it remains intact. People nowadays are shying away from the traditional centralised banking institutions and instead want to involve themselves in decentralisation. Cryptocurrencies have gained more utility and feasibility over the years due to the advancement of blockchain technology.
Meme coins have become particularly popular in the crypto market due to their lighthearted and fun approach (usually based on internet memes). Two meme coins that are building a solid reputation are Big Eyes Coin (BIG) and ApeCoin (APE). This editorial will explore the capabilities of both blockchain networks, along with what makes them distinct in an already oversaturated sector and market.
Enter The Realm Of Cuteness With Big Eyes Coin
Big Eyes Coin (BIG) is a new meme coin that has ambitions to divert wealth into a decentralised ecosystem along with conserving a vital sector of the world’s ecosystem. Big Eyes Coin, on the other hand, aims to contribute more by creating a self-propagating blockchain ecosystem utilising NFTs to provide access to additional content and events that make the blockchain hype-ship worthwhile to join.
The blockchain network attributes the Big Eyes network’s originator and developer to the cat mascot. This sarcastic method entices people while adhering to the conventional anonymity concept centred on cryptography. BIG’s initiative also intends to safeguard a vital element of the world’s ecology by contributing 5% of its total revenues to a charity wallet, which will be distributed to ocean-based organisations to aid in the conservation of sea life. Its creators have already devised a novel way to link their feline-themed token, as cats are known to like eating fish.
Dogs are frequently used to emphasise the brand of meme coins. Big Eyes Coin is distinguished by its mascot, an anime/manga-style cat with huge pupils. Their design focuses on cuteness, and the inventors believe that it will target a $1 billion market. Unlike meme currencies like Dogecoin and Shiba Inu, which sell themselves, the coin’s aesthetics are easily identifiable.
The Coin For The Web 3 Economy ApeCoin
ApeCoin (APE) is an ERC-20 governance and utility token that is utilised inside the APE Ecosystem to empower and incentivise the development of a decentralised community at the forefront of web3. ApeCoin holders rule themselves using the ApeCoin DAO’s decentralised governance architecture and vote on how the ApeCoin DAO Ecosystem Fund should be utilised. The APE Foundation manages ApeCoin holders’ suggestions.
The blockchain network has a special council on the APE Foundation (the DAO’s “Board”) that oversees foundation managers at the request of ApeCoin DAO members. ApeCoin is primarily recognised for its connection to Yuga Labs’ Bored Ape Yacht Club (BAYC), a one-of-a-kind collection of digital items on the Ethereum network.
Bored Apes have become one of the most recognisable avatars online, gaining the endorsement of many high profile figures such as Elon Musk, Snoop Dogg, Eminem, Neymar and Madonna to name a few.
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