Bitcoin (BTC) has been around for over a decade and is one of the most popular and well-known cryptocurrencies today. However, in recent years, a whole new breed of crypto coins has emerged – meme coins like Dogecoin (DOGE) and Big Eyes Coin (BIG).
However in recent times, deep into a frigid crypto winter and soaking in the aftermath of the FTX crash, Bitcoin – the poster child for the cryptocurrency industry has been getting ridiculed and written off as a complete joke.
In this article, we’ll explore the differences between Bitcoin and meme coins and find out if they are merely just jokes like detractors claim them to be.
Bitcoin Is A Joke Right Now?
January 3rd, 2023 marked the 14th anniversary of Bitcoin’s launch. Bitcoin is the original cryptocurrency and was designed to provide users with a decentralised, trustless and secure store of value.
Bitcoin has become an increasingly attractive investment in recent years, as its value continues to rise and fall significantly. Despite some people seeing Bitcoin as a joke due to how far it has fallen from its all-time high in December 2017, Bitcoin is still a serious investment. It has become popular with both novice and experienced investors due to its volatility and potential for major profits. Additionally, it is extremely secure and has low transaction fees, making it an attractive option for those looking to make money through cryptocurrency investments.
Though some detractors may write off Bitcoin as a joke, due to its current low price, it is anything but. This digital currency has revolutionised the way we use and think about money, and is here to stay. Those who think Bitcoin is a joke will just have to watch from the sidelines as the cryptocurrency continues to revolutionise finance and make investors a copious amount of profit.
Dogecoin: The Top Dog In Memes
Dogecoin is one of the most popular meme coins around. It was created as a joke in 2013 by software engineers Billy Markus and Jackson Palmer, who wanted to create a more accessible alternative to Bitcoin. Dogecoin has no intrinsic value but instead is based on the popular “doge” meme that has been around since at least 2010.
Dogecoin’s developers created it in part because they saw potential in cryptocurrency, and wanted to make it more approachable for people who may have found Bitcoin too complicated or intimidating. As a result, Dogecoin quickly gained traction, with its price increasing rapidly throughout 2013.
Unlike Bitcoin, Dogecoin does not have any fixed supply or a limited number of coins available to be mined. This means that miners can mine an infinite number of coins and the coin’s value is determined by the market. The coin also does not require any intensive mining process as it uses a different algorithm than Bitcoin.
The ease of use and lack of barriers to entry make Dogecoin an attractive option for both new and experienced traders alike. For those looking to invest in cryptocurrency without having to worry about the complexity of other coins like Bitcoin, Dogecoin can be an appealing choice. Additionally, the meme-based nature of Dogecoin makes it more fun than traditional currencies, allowing users to get involved in something they find entertaining while also making money.
Big Eyes Coin: The New Cat On The Blockchain
Big Eyes Coin (BIG) is a meme coin that is a full-on community token, aiming to shift wealth into the DeFi space. Big Eyes has its sights set to become one of the most notorious, big, and talked about meme coins in 2023.
Big Eyes runs on the Ethereum network, which was successfully launched in September 2022. Ethereum now runs on the more energy-efficient proof of stake protocol, which is 99% lower in energy expenditure and electronic waste than proof of work validation. This makes Big Eyes much more sustainable than Dogecoin and Bitcoin and is focused on directly contributing to helping out the environment.
What sets Big Eyes apart from other meme coins is that 5% of all its tokens will be held in a visible charity wallet and used to contribute to ocean conservation projects and to protect marine life. This means that not only are you investing in something fun, but you’re also investing in something that’s helping the world by protecting and conserving the planet.
Final Thoughts
Due to the current market conditions, many people have been writing off meme coins as just a joke, and recently the entire crypto space, especially Bitcoin. Bitcoin is not going to die so easily. Though Dogecoin may have started as a joke, does not mean it should be taken lightly. Meme coins, and Bitcoin are here to stay.
Big Eyes Coin (BIG)
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
