Meme coins, oh boy, where to start? They’re just like regular old cryptocurrencies, but with 20ccs of memes injected straight into their bloodstream! They’re digital currencies that are created to poke fun at the world of cryptocurrency and make people laugh. Dogecoin was the very first meme coin, and to this day it remains the most popular, however, it was just the beginning. Soon many other coins with similar concepts started to appear, all with their unique funny names and images like “Nyan Cat Coin”, “PepeCash” and more. In this article, we will be looking at Dogecoin, Shiba Inu (SHIB) and one of the most promising new meme coins on the block, Big Eyes Coin (BIG).
Dogecoin was created by software engineers Billy Markus and Jackson Palmer that decided to create a new cryptocurrency as a joke in 2013. They smushed together the popular internet meme of a Shiba Inu dog with the concept of cryptocurrency popularised by Bitcoin (BTC) and hence, Dogecoin, the original meme coin was born.
Shiba Inu (SHIB) is a decentralised cryptocurrency built on the Ethereum blockchain. It was created in 2020 by a mysterious person using the pseudonym “Ryoshi”. It’s unique because it utilises a different approach than most of the blockchain projects, it uses Ethereum’s network for the token transfer but all the tokenomics are different. Shiba Inu has a total supply of 1 quadrillion tokens, of which 50% were distributed through an airdrop to holders of Ethereum at the time of launch, and the remaining 50% were locked in a smart contract, with a portion being used for liquidity mining and development funding.
Both of these coins were created as a joke, but they quickly became popular among many people in the crypto space. Dogecoin has become so popular because it’s just so easy to use and it has a strong sense of community. Shiba Inu also caught attention due to its exceptionally high returns on investment, owing in part to the hype, and also to its tokenomics. It has a scarce supply of tokens and it also has a token burn mechanism where 10% of each transaction gets burned, making the token value appreciate over time.
Not only is it showing huge amounts of potential, but newcomer Big Eyes Coin (BIG) also has more of a positive impact on the environment than Shiba Inu and Dogecoin. Dogecoin uses a proof of work consensus mechanism whilst Big Eyes Coin uses a proof of stake method for validating transactions and securing the network, which is 99.9% more energy efficient than proof of work. As Big Eyes Coin is based on the Ethereum network, it can employ this consensus mechanism. Additionally, 5% of all tokens are held in a visible charity wallet and will be donated to ocean conservation charities, to help protect marine life endangered by causes such as plastic pollution. This cat is taking its environmental pawprint seriously!
Big Eyes Coin’s team is also rewarding early investors with a 200% bonus on all contributions. Yes. That’s correct, 200%. Investing $100 would result in a total investment of $300 in Big Eyes Coin tokens. Simply enter the promo code LAUNCHBIGEYES200 to treble your money. Furthermore, the website now contains a calculator that allows you to estimate your potential earnings if Big Eyes Coin’s price rises!
Ah, meme coins. What started as a joke, quickly became a beloved digital currency among many. People started using them to buy things online, and some clever pups are even using them to make some serious dough. The reason behind the popularity of meme coins is that they appeal to a wide range of audiences, they are easy to understand, easy to use and it’s fun to be a part of the community. Who wouldn’t want to own currency with adorable cats and dogs on them? For people who are attracted to lighthearted memes, meme coins are a great way to get into the world of cryptocurrency.
So, whether you’re thinking about enlisting in the Shib Army, joining the legion of Dogecoin supporters, or jumping on board with Big Eyes Coin before it takes off to the moon, just remember to do your research and never invest more than you can afford to lose. And who knows, you might just end up with profits so large that will have you ‘feline’ amazing. Happy investing!
Big Eyes Coin (BIG)
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