Move over, Ethereum (ETH) and Apecoin (APE) – there’s a new player in town! Ethereum has been slaying the crypto market as the runner-up coin, but even its clout is waning. Meanwhile, Apecoin has been a hit with metaverse users, but it might not be enough to keep up with the latest trends. Big Eyes Coin (BIG) is the new kid on the block, and it’s already making massive waves.
With news of its presale nearing an end, BIG has got investors hyped up. If this keeps up, the meme coin could be the next big thing and skyrocket to the top 100 coins by market cap.
Ethereum: The OG Blockchain Platform
Ethereum is one of the first decentralized blockchain networks and is home to many different cryptocurrency systems. The project was created to empower decentralized apps and enable smart contracts, in contrast to Bitcoin, which was primarily established for financial exchange.
Users of Ethereum have benefited in a number of ways from the most recent Shanghai Upgrade. For example, long-term holders of Ether tokens can now withdraw money from their wallets. After the Shanghai Upgrade, the network saw more than 280 withdrawals totaling 5,413 ETH, or almost $10 million in fiat cash, in just 30 minutes.
However, the top coin has not been without its struggles. While once the hottest stuff after BTC, Ethereum has been losing its dominance with newer coins entering the market with similar utility & functionality.
For the lovers and explorers of the Metaverse, Apecoin was the chosen coin as it was created to cater to the decentralised virtual world used for collecting digital art and investing in NFT.
As a token, APE was created to encourage the development of art, gaming, entertainment, digital and live events, narrative, and whatever else that web3 may think of. It followed after the success of the Bored Ape Yacht Club NFT collection.
Since it was introduced in March 2022, Apecoin has attracted considerable attention despite being very new with trading volume topping $2 million in its first week.
Apecoin is not, however, immune to the general volatility of the cryptocurrency market. Considering that its value has ranged greatly from $6.50 to $40, it may deter potential investors. Today, its price hovers around the $4 mark.
Big Eyes Coin Is A Major Rival
More than a cute currency, Big Eyes Coin addresses some of the drawbacks of existing cryptocurrencies. For instance, Dogecoin (DOGE) suffers from the problem of infinite coin supply, which lowers its overall value as more tokens are minted. Investors in BIG are less likely to run into this issue because Big Eyes Coin has a limited supply.
With one of the most generous presales in the cryptocurrency world, Big Eyes Coin has made history with its presale, showcasing its dedication to giving back to the community in unique and interesting ways.
With the chance for investors to win double or even triple the amount of BIG, the Lootboxes was a novel strategy to stimulate the purchase of $BIG, which attracted many customers.
Investors have until June 3rd to participate in its presale before the price increases and they also get to enjoy a 300% bonus that can be claimed using the bonus code END300.
After every crypto slump, people tend to ditch older coins and jump on the newest bandwagon. It’s the way of the game. ETH and APE may have been hot stuff back in the day, but they’re losing their appeal to investors who are looking for something fresh and exciting, and that’s where Big Eyes Coin comes in.
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