Crypto Whales Are Hedging Their Bets With Dogecoin and Big Eyes

March 8, 2023
3 min read

The crypto market is always on the lookout for the next big thing. The crypto sphere is filled with innovative and creative digital currencies that are conquering the industry. These new crypto assets have their distinct interests and fan bases. However, with tons of crypto assets entering the market daily, investors have a ton of work to do, dissecting the coins and figuring out which ones fit in their portfolios. The investigative process is very important because it prevents investors and traders from putting their hard-earned money in a sinking ship.

The crypto market is just like every other market. This means that it is prone to its good days and bad days. Understanding the principle of the market and the objectives of each coin helps investors choose a coin they agree with. With the numerous coins out there with several objectives, it is not difficult to find a coin whose objectives resonate with several investors and traders. By having faith in the chosen coins, investors can remain calm even when the crypto market situation is not so favourable. Of the numerous investment-worthy coins available in the crypto market today, several crypto whales are choosing to stick to Dogecoin (DOGE) and Big Eyes Coin (BIG).

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Dogecoin (DOGE): Meme Coin King

There are a few crypto assets that even novice investors should be aware of. One such token is Dogecoin (DOGE), known as the first meme coin to ever grace the crypto market, and is also dubbed the king of meme coins. In 2013, a couple of engineers decided to join in on the running internet joke and amalgamated the top crypto asset, Bitcoin (BTC), and the Shiba Inu “doge” meme. With a few keyboard strokes, the very first meme coin was created. Much to the surprise of the developers, the joke resonated with a lot of people, and Dogecoin (DOGE) turned from a joke to the real deal almost overnight. With the decentralization of cryptocurrency, Dogecoin (DOGE) is gaining a lot of attention from investors and crypto users. The coin is traded on every major crypto exchange, and it is considered one of the top cryptocurrencies, according to the charts. Dogecoin (DOGE) offers low transaction fees, excellent scalability, and incredibly fast transaction throughput. All these are simply reasons investors are willing to include the coin in their portfolios. Of course, the endorsement from the richest man on the planet, Elon Musk, certainly helps as well.

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Big Eyes Coin (BIG): Bright-Eyed and Bushy Tailed

Big Eyes (BIG) is yet another meme coin that is looking to change the crypto landscape. The coin is unique as it is an amalgamation of all the best features of the crypto market. Big Eyes (BIG) is looking to be a bridge that would connect the numerous wealth-generating processes to the decentralized finance (DeFi) sector. Big Eyes (BIG) plans to do this by making use of playful channels of meme sharing and NFTs.  The meme coin has now reached $30 Million in presale funds, making it one of the biggest presales in recent history. Investors are incredibly attracted to this adorable crypto, especially following the announcement of the project’s most recent feature- the loot box. This lavish feature comes in the form of a sealed mystery box containing randomized prizes of $BIG token, whose value will always equate to or be more than what it was purchased for. With three options to choose from- The Cute Box, Kitty Vault and Super Saiyan Box-  investors could win prizes that can produce returns of up to 10,000% depending on their choice. These are out for a limited time and are proving to be very popular within the Big Eyes community.  While nothing is written in stone, there is no denying that Big Eyes (BIG) will prove to be highly profitable in the coming days.

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