Let’s be honest: dogs have ruled the meme coin world for far too long. CoinMarketCap lists about 300 meme coins, and the top spots are all taken by our doggy friends. It’s time for cats to get some love in the meme coin game. Meme coins are a fun addition to the crypto world, and a good number of them are animal-themed for a good reason: people like cute furry creatures! Here we’ll discuss the current state of meme coin godfather Dogecoin, as well as two cat-themed meme coins.
What’s up, Doge?
Derived from the ‘doge’ meme, Dogecoin is the granddaddy of all meme coins. It was created as a parody of Bitcoin in 2013, but the unexpected popularity soon turned it into a legitimate crypto token. DOGE has received the endorsement of celebrities like Elon Musk, Gene Simmons, and Snoop Dogg (no surprises there). According to CoinMarketCap, it is the ninth largest cryptocurrency and has a market cap of almost $10 million.
After the collapse of the Silicon Valley, Signature, and Silvergate banks, Dogecoin’s shares plunged, but its price surged by 7.1% after the market recovered. As of 16 March, the DOGE’s price stands at $0.071.
Domo Arigatou, Mona
MonaCoin is the first Japanese cryptocurrency and the first altcoin (as in, an alternative to bitcoin). Based on an ASCII cat character, MonaCoin was launched in 2014 with no pre-mine process. It is an entirely decentralised payment network, meaning it doesn’t belong to one user but to all users. In Japan, the ASCII kitty has gained quite a fanbase who have created several MONA-based applications, significantly increasing its utility. A small number of Japanese businesses have even started to accept MonaCoin as a payment method.
Wide-Eyed or Big-Eyed?
For the second kitty coin on this list, we bring you the adorable Big Eyes Coin. Big Eyes Coin is currently in its 12th pre-sale phase, and it’s exploding out of the water. Having raised $31.67 million out of $50 million, BIG is proving itself as a force to be reckoned with. Big Eyes has big plans with an NFT club called the Sushi Crew and loot boxes. If you buy over $100 of BIG tokens on Big Eyes Coin’s website and enter vault pin 300, you get three loot boxes for free! This offer will only be available for a limited time, so don’t miss out!
What’s up with all the Meme Tokens?
Memes are undoubtedly fun. Many corporations already use memes to appeal to a younger demographic, so it’s unsurprising the cryptocurrency industry wants to get in on them too. But these tokens have had their fair share of detractors, who believe they’re just a novelty and have no use in the real world.
As meme coins are relatively new to the scene, their real utility will prove itself with time. Dogecoin and Monacoin are already accepted as payment methods at a couple of businesses, and Big Eyes Coin is on its way to becoming a giant in the crypto marketplace, judging by its pre-sale numbers. Here’s hoping meme coins won’t turn out to be just a novelty!
Check out Big Eyes Coin via these links:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
