Are other meme coins like Dogecoin and Shiba Inu doomed as the World Cup approaches?
This Sunday at 4 PM UK time, the opening match of the FIFA 2022 World Cup in Qatar will feature the host nation taking against Ecuador.
With it taking place in the middle of most European league seasons and without Italy, the Euro 2020 Champions and four-time World Cup winners, this tournament has the potential to be one of the wackiest ones yet.
The finalists for Euro 2020, England, who were unable to “bring football home,” will play their opening game on Monday against Iran in the hopes of winning their first significant prize since 1966.
Brazil, one of the favorites to win the World Cup, will play Serbia on November 24.
Big Eyes Coin (BIG), a brand-new cryptocurrency that is reinventing the idea behind meme coins in the cryptocurrency market, has emerged amid the impending football frenzy.
When Big Eyes Coin is formally launched, it will have enormous potential thanks to the over 9.5 million dollars raised during its presale and the achievement of a Tier 1 CEX Launch.
Additionally, a sudden rise in Big Eyes investments is not out of the question given that Qatar permits its citizens to buy cryptocurrencies.
Not all meme coins, though, are taking a sunbath. Shiba Inu (SHIB) and Dogecoin (DOGE) are both currently on a declining path, and if they don’t change, Big Eyes Coin may eventually exceed them both.
The Evolution Of Dogecoin
The joke cryptocurrency has seen a lot of success in the cryptocurrency world since Elon Musk tweeted about it in 2019.
Dogecoin has continuously ranked among the top ten cryptocurrencies, and its all-time high price of $0.6528 in May 2021 demonstrated that it can be a successful business venture.
Additionally, on November 2nd, Dogecoin soared above Cardano (ADA) to hit a market cap of $18.91 billion after Musk formally acquired Twitter on October 27th.
However, this didn’t last long. Dogecoin has been steadily losing value since the 8th of November and is currently battling to regain it.
Anguished Shiba Inu
Shiba Inu, the so-called “Dogecoin Killer,” is unfortunately not faring much better than its bitter rival Dogecoin.
Shiba Inu is currently valued at $0.000009277, despite earlier achieving a price of 0.00007489, and it doesn’t appear that it will ever reach its all-time high price again.
Shiba Inu’s response is that it does offer staking incentives to investors, which can be a source of passive income. This benefit, however, doesn’t appear to be enough profitable for Shiba Inu to ascend to the top of the cryptocurrency business.
There’s a Cause for the Big Eyes Coin Boom
Big Eyes Coin has profited enormously from just six phases of its presale, and this is no accident.
The cat cryptocurrency first intends to reveal the top ten NFTs, which are expected to include a cute selection of virtual cats and goods. The most valuable tokens may be sold for enormous profits, and investors may have a wide selection of designs to pick from.
Second, Big Eyes Coin wants to give to charity, which is oddly uncommon in a multimillion dollar sector.
Fish will be healthier, the seas will be cleaner, and the environment as a whole will be less contaminated since 5% of Big Eyes’ entire supply will go to organizations that save the oceans.
Not to mention, Big Eyes Coin will offer a variety of neighborhood gatherings to foster communication and networking among environmentally conscious investors.
Use the code BIGE817 for a coin bonus if you want to invest in one of the most charitable cryptocurrencies available.
Thanks to its generous charitable giving, exceptional NFTs, and community-focused culture, Big Eyes Coin is well on its way to becoming a widely-liked and extremely valuable cryptocurrency.
Although Dogecoin and Shiba Inu are well-known meme coins, they might need to add new features to be competitive with Big Eyes Coin.
The forthcoming World Cup may not be a turning point for these digital currencies. However, if Big Eyes Coin manages to gather more money during this period, it will increase the meme coins’ potential in the cryptocurrency market.