In the cryptocurrency market, Bitcoin (BTC) and Ethereum (ETH) are trying to reach their previous highs.
As of this writing, the price of Bitcoin is $16,526.92, the lowest price since November 2020. At the time of writing, Ethereum is worth $1,210.47, about $3,000 less than its all-time high of $4,733.36.
Furthermore, given that most of the cryptocurrency market is still recovering from the recent collapse of the FTX cryptocurrency exchange, it is unlikely that their values will increase anytime soon.
However, this could be great news for newer cryptocurrencies like Big Eyes Coin (BIG), which is still pre-sale.
Big Eyes Coin has raised over $9.9 million and secured a Tier 1 CEX Launch for its official release despite being in the 6th stage of the pre-sale.
The meme currency is expected to hit $10 million soon after appearing on a 3D billboard in downtown New York.
Big Eyes Coin is not finished yet and its upcoming private commercial campaign will be held at Marble Arch in London.
Big Eyes Coin will not suddenly become popular in the cryptocurrency world. However, meme coins can overtake Bitcoin and Ethereum if they don’t move together.
The cryptocurrency winter has made it difficult for several startups and tokens trying to attract investors this year. As we approach 2023, there’s one project that’s really showing itself as a bit of a dark horse, and Big Eyes is having a hard time competing with it. The product in question is Tora Inu (TORA), a meme coin that created buzz as soon as its beta presale opened.
Bitcoin Used To Be Better
Bitcoin hit an all-time high of $64,158.12 in November 2021, meaning anyone who bought it at $100 made an incredible profit.
However, Bitcoin is no longer close to this value, and now that it is less profitable, many investors may choose to focus on smaller coins with greater upside.
Bill Gates, Serena Williams and Floyd Mayweather Jr. all are known Bitcoin investors, and Microsoft and Twitch also accept it as payment.
However, if its value continues to fall, there is no reason why various people and organizations should not start boycotting Bitcoin.
Ethereum Economic Crisis
It is widely accepted that Ethereum is the most important cryptocurrency for creating NFTs and decentralized applications without intermediaries.
The fact that Ethereum has been losing money over the past year hasn’t stopped it.
Ethereum’s stock didn’t benefit from an eco-friendly upgrade in September when it switched to a proof-of-stake algorithm and cut energy use by 99.5%.
What’s all the fuss about Big Eyes Coin?
- Big Eyes Coin is not a popular cryptocurrency like Bitcoin and Ethereum, but that didn’t stop meme coins from having a successful presale. This is not a coincidence.
- The top ten NFT offering to save the oceans and supporting charities are the two main selling factors of Big Eyes Coin.
- Big Eyes has not released any NFT prototypes yet. However, we can predict that the meme currency will publish a cute collection of digital cats that differ in color and accessories.
- Regarding charity, Big Eyes Coin plans to donate 5% of its entire supply to organizations that protect the oceans, resulting in less global warming and healthier fish.
Tora Inu – A Challenging Project for Big Eyes
Users will be able to earn TORA by playing in a fun Play-to-earn (P2E) game called the Tora Inu ecosystem.
With each transaction, the deflation process burns a little bit of TORA and tightens its requirements as the ecosystem gains popularity. Therefore, as demand increases, the TORA token experiences more deflation, causing supply to decrease.
In addition, a small number of TORA tokens are redistributed to the most loyal owners in each transaction, allowing them to witness an increase in their wallet balance.
Tora Inu has planned a massive marketing effort that will include some of the most popular magazines in the industry, as meme coins need large communities to be successful.
The project team also has extensive experience in running marketing campaigns, especially on social media platforms such as Facebook, Twitter, Reddit and Telegram.
Tora Inu Social Media
Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect those of CoinCodex. The content of this article should not be construed as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto asset.