Bitcoin (BTC) has been around for over a decade and is one of the most popular and well-known cryptocurrencies today. However, in recent years, a whole new type of cryptocurrency coin has emerged – meme coins such as Dogecoin (DOGE) and Big Eyes Coin (BIG).
However, in recent times, deep into the cold crypto winter and soaking wet after the FTX crash, Bitcoin – the poster child for the cryptocurrency industry – has been mocked and dismissed as a total joke.
In this article, we will explore the differences between Bitcoin and meme coins and find out if they are just a joke as the culprits claim.
Is Bitcoin A Joke Right Now?
January 3, 2023 marked the 14th anniversary of Bitcoin’s launch. Bitcoin is the original cryptocurrency, designed to provide users with a decentralized, trustless and secure store of value.
Bitcoin has become an increasingly attractive investment in recent years as its value continues to rise and fall significantly. Although some people see Bitcoin as a joke because of how far it fell from its all-time high in December 2017, Bitcoin is still a serious investment. It has become popular among both novice and experienced investors due to its volatility and great earning potential. In addition, it is extremely secure and has low transaction fees, making it an attractive option for those looking to earn money through cryptocurrency investments.
While some detractors may write off Bitcoin as a joke, at its current low price it is anything but. This digital currency has revolutionized the way we think and use money, and it’s here to stay. Those who think Bitcoin is a joke will have to watch from the sidelines as the cryptocurrency continues to revolutionize finance and bring huge profits to investors.
Dogecoin: The Best Dog in Memes
Dogecoin is one of the most popular meme coins. It was created as a joke in 2013 by software engineers Billy Markus and Jackson Palmer who wanted to create a more affordable alternative to Bitcoin. Dogecoin has no intrinsic value, but is instead based on the popular “doge” meme that has been around since at least 2010.
Dogecoin’s developers created it in part because they saw potential in cryptocurrency and wanted to make it more accessible to people who found Bitcoin too complicated or intimidating. As a result, Dogecoin quickly gained traction in 2013, with its price rising rapidly.
Unlike Bitcoin, Dogecoin cannot have a fixed supply or a limited number of coins to mine. This means that miners can mine an infinite number of coins and the value of the coin is determined by the market. The coin also does not require any intensive mining process as it uses a different algorithm than Bitcoin.
The ease of use and lack of barriers to entry make Dogecoin an attractive option for both new and experienced traders. For those who want to invest in cryptocurrency without having to worry about the complexity of other coins like Bitcoin, Dogecoin can be an attractive option. Additionally, Dogecoin’s meme-based nature makes it more fun than traditional currencies, allowing users to engage in something they find fun while earning money.
Big Eyes Coin: The New Cat on the Blockchain
Big Eyes Coin (BIG) is a full community token meme coin that aims to transfer wealth into the DeFi space. Big Eyes is set to become one of the most infamous, big and talked about meme coins in 2023.
Big Eyes runs on the Ethereum network, which was successfully launched in September 2022. Ethereum is now working on a more energy-efficient stake protocol with more energy consumption than proof-of-work and 99% lower e-waste. This makes Big Eyes more sustainable than Dogecoin and Bitcoin and aims to contribute directly to helping the environment.
What sets Big Eyes apart from other meme coins is that 5% of all its tokens will be held in a visible charity wallet and used to contribute to ocean conservation projects and protect marine life. This means that not only are you investing in something fun, but you are also investing in something that helps the world by protecting and preserving the planet.
Due to the current market conditions, many people write off meme coins as just a joke, and lately the entire cryptocurrency space, especially Bitcoin. Bitcoin will not die so easily. Although Dogecoin started as a joke, that doesn’t mean it should be taken lightly. Meme coins and Bitcoin are here to stay.
Big Eyes Coin (BIG)