With so many rapid gains, and millionaires made, many people make the false assumption that all meme coins are scams, due to rampant pump-and-dump schemes circulating the crypto space. However, there are many legitimate meme coins to invest in that will net you much higher profits than Bitcoin (BTC), from more established coins like Dogecoin (DOGE), to promising newcomers like Big Eyes (BIG).
Bitcoin: Slow and Steady
As a long-term investment, Bitcoin (BTC) is a solid choice. Due to its secure proof-of-work consensus mechanism Bitcoin is extremely secure, however, it is very slow. As a result, Bitcoin does not have a lot of applications, as transaction speeds need to be much higher to have real-world use. This has led to people calling Bitcoin digital gold. It is a very solid hedge against inflation, as Bitcoin is deflationary. Due to its fixed supply, in the long run, Bitcoin’s price will only continue to rise.
Give me the MEMES
Meme coins like Dogecoin (DOGE) have a much higher risk when investing. As they are tied even more strongly to pop culture than other cryptocurrencies, their price can move much faster than other cryptocurrencies, however, this also means they have the potential for massive upsides.
Dogecoin has managed to stand the test of time, as it was the original meme coin, and the current most popular meme coin, standing at the number 8 spot on CoinMarketCap, displacing Cardano (ADA) and Solana (SOL).
Tesla started accepting Dogecoin as payment, amongst other companies such as Twitch, AMC and GameStop. Dogecoin also has more promising use cases on the horizon, as many people speculate that as Musk now owns Twitter, he has plans to introduce Dogecoin as a currency accepted by the social media platform.
With a hopeful future for Dogecoin ahead, it will pave the way for many other meme coins to follow in its pawprints. Many other Shiba Inu-based coins enjoyed similar gains at the time Musk acquired Twitter. With meme coins exploding in popularity, many people want to get in on the action. Whilst most of these meme coins may continue to rise, there is a new meme coin coming up with the potential to be the next Dogecoin.
What Big Eyes You Have!
With its adorable, anime-styled cat design, the new meme coin Big Eyes (BIG), sets itself apart from the crowd of lookalike doges flooding the crypto marketplace. Big Eyes has the makings of a cryptocurrency with explosive growth, as it has already raised over $9 million so far in the pre-sale. Big Eyes is focused on community, and 90% of tokens are available at launch, 70% are to be sold to the public via pre-sale, and 20% are for exchanges.
Many meme coins, like Dogecoin and Shiba Inu, serve only to spread memes and have no fundamental purpose. Big Eyes lives for the memes too, but also has a heart of gold – this cat is focused on giving back to the community, and the world. 5% of all tokens are held in a visible charity wallet, and these funds are used to support organisations dedicated to protecting marine life. These include ocean sanctuaries, which enable wildlife in the ocean to recover from the debilitating impact of overfishing, plastic pollution, and oil spills. Additionally, Big Eyes frequently contributes to a variety of charities. For instance, their most recent donation was made to the climate justice organisation Sea Shepherd.
Big Eyes already has incredibly solid backing behind it and has raised over $9 million so far in the pre-sale, with that figure still rapidly rising every day!
To Conclude
As the bear market is still lumbering around the crypto space, now is the time to stock up on your favourite coins before the bear goes into hibernation and the next bull run approaches. Bitcoin (BTC) is a great long-term investment to make, although it will not net investors the same meteoric rise in gains that meme coins do. Dogecoin (DOGE) and Big Eyes (BIG) are fantastic choices for meme coins to invest in, as both have bright futures ahead of them.
Big Eyes Coin (BIG)
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.