There has been a Crypto Boom. Dogecoin, Shiba Inu Surge as Big Eyes set to Moon

Keeping up with what’s happening in the crypto world can be difficult, as so many different events cause swings and surges across the board.

There have been some exciting events over the last few weeks, including the huge boost in the value of many cryptos, the election of the crypto-positive Rishi Sunak, and Elon Musk’s purchase of Twitter.

This editorial will look at how Shiba Inu (SHIB), Dogecoin (DOGE), and Big Eyes (BIG) have reacted to recent crypto events and how they are likely to perform in the future.

Shiba Inu is ready for the next chapter!

Shiba Inu experienced a steep rise in value between the 28th of October and the 2nd of November, with an all-time monthly high of $0.00001415. So naturally, after reaching a monthly high, it has now gradually fallen, and it is, at the time of writing, valued at $0.00001214.

This rise of Shiba Inu was in line with the market’s upward trend. However, experts are also wondering whether Shiba Inu’s recent activity could have contributed to this rise in value. For example, Shiba Inu burned $369 Million in seven days, which happened the week leading up to the surge, and a new Shiba Inu whale snapped up $35 million in one fell swoop.

These contributing factors might have increased the rise of Shiba Inu’s value, but many people are calling the increase artificial because another reason why Shiba Inu could have risen is due to Elon Musk’s recent purchase of Twitter- this could well be the Elon Musk effect at work.

But nonetheless, the price has risen, and it has brought a lot of positivity and momentum into the Shiba Inu community, which is ready for the next chapter, which will revolve around its newly released ShibaEternity game.

Could Dogecoin retake some lost ground with Elon Musk leading Twitter?

Dogecoin (DOGE) also experienced a recent rise in value, which many are attributing to artificial macro effects, just like Shiba Inu.

It is highly likely that Elon Musks’ recent tweets are behind this Dogecoin surge, and experts are warning traders and investors that the value is likely to fall soon as the growth is not sustainable.

Dogecoin and Elon Musk do not seem to be able to be separated. The Elon Musk effect is strong with this one. However, this artificial surge in response to Elon’s tweets is not necessarily completely substance less.

The fact that Elon Musk has now bought Twitter could be very good news for the Dogecoin community. Their lord and saviour, Elon Musk, is now the captain of Twitter, one of the biggest social media platforms that drives a lot of Dogecoin’s engagement and community spirit. Now that Elon is behind the scenes leading Twitter, it is likely that Dogecoin will benefit by proxy, as it seems Elon is also the captain of the Dogecoin hype ship.

Big Eyes is Set to Moon

Big Eyes (BIG) is a new cryptocurrency currently steaming through its presale stages, with over $9 million raised at the time of writing. This cryptocurrency has also experienced some impressive growth over the past week in line with Shiba Inu and Dogecoin.

Similar to Shiba Inu and Dogecoin, Big Eyes is also a community meme coin. However, unlike Dogecoin and Shiba Inu, Big Eyes is determined to fill a cat-shaped hole in the cryptocurrency market and provide a community with a purpose and a cute mascot. The aims of Big Eyes are to create self-propagating wealth for its community, move wealth into the Defi, and raise money for charities working to protect our marine life.

While the rest of the meme coin community, specifically the dogecoin-related coins like Shiba Inu and Dogecoin, are scrambling to garner the attention of Elon Musk. Or, relying on his tweets for growth, Big Eyes is focused on creating sustainable growth by integrating use cases into its tokenomics. Namely its charitable drive, NFT collection “Sushi Crew”, and its thriving social community.

Final Thoughts

It seems that the artificial surges in the value of Shiba Inu and Dogecoin are more likely than not the work of Elon Musk or other macroeconomic events. Although these booms in price are exciting for the community, a lot of people are getting tired of the Elon Effect and are looking to meme coins like Big Eyes for long-term growth investment options.

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For more information on Big Eyes Coin (BIG) and its community, please visit the following links:

The Big Eyes Presale: https://buy.bigeyes.space/

The Big Eyes Website: https://bigeyes.space/

The Big Eyes Telegram: https://t.me/BIGEYESOFFICIAL