The crypto world has always been unpredictable, making it hard for beginners to choose which coin to invest in. Big Eyes Coin (BIG) is a new cat-themed coin that’s yet to be listed on coin exchanges but is showing signs of success while it’s still in its presale stage.
BIG is still new to the public, unlike live-market coins like Hedera (HBAR) and Algorand (ALGO). But what makes them different and unique that people are starting to invest in this coin?
Summary
How Big Eyes Coin Won the Hearts of the Cat Crew
Big Eyes Coin is known for being one of the most successful presales in the recent history of meme coins. So far, it has raised more than $30 million and completed 12 out of 15 presale stages.
But what mainly contributed to its presale success?
The answer lies in its community, the Cat Crew. Sharing the same passion and goals, the Cat Crew is on a mission to save the environment by donating 5% of the total supply to ocean-saving charities.
The digital asset also supports selling and trading NFTs. Therefore, it formed the NFT Sushi crew, a club for NFT holders who love owning and collecting cute NFTs. There will also be digital and physical merch to further contribute to fundraising for the project as well as saving the oceans.
Recently, Big Eyes held a Big Eyes Tattoo competition, where loyal members of the Cat Crew bravely decided to get inked with the coin’s cute cat mascot. In total, the contest had 12 dedicated members participating, with the first 10 receiving $1000 worth of BIG.
Big Eyes also gives crypto enthusiasts chances to win more BIG. In February, they launched the Loot Box Campaign, where token holders can get a randomized prize every time they open a box.
The best thing is that the lowest prize one can get is equal to the box’s price. It means users will always win equal to or more than the amount they’ve spent on Loot Boxes. This proves that Big Eyes is all about giving more to its community.
Hedera Community Worried about a Drop in HBAR Price
Meanwhile, Hedera holders are worried about a drop in HBAR price as the digital asset plans to unlock 6.28% of its supply on March 1st. That’s about 3 billion tokens, which are valued at around $238 million based on the coin’s price in February.
When coins become more available, the number of sellers increases compared to buyers. As a result, sellers would have to adjust their asking price, making it lower to find buyers. All this leads to a drop in the coin’s price.
However, since Hedera has had several tokens unlocked in the past couple of years, there has been a decrease in the selling pressure. Nothing too serious should affect HBAR’s performance in the crypto market, and the community should not be too worried about it. But there’s no way of knowing what the market will look like in the near future.
Algorand Holders Not Too Worried about ALGO’s Price
As for Algorand holders, investors and analysts observed that ALGO is considered a moderate-risk investment.
In the last week of February, ALGO traded -1.41% lower than its current price of $0.25. The change happened when the market cap fell, and the volume was below average level. The shift in ALGO prices is relevant to the changes in the market capitalization and degree of volume, giving Algorand an average risk rating.
Algorand’s risk assessment might give its community more relief and reasons not to be overly worried about the coin’s manipulability in the days to come.
The crypto market will always be volatile due to changes on the macro and micro levels. However, it is important to look at each crypto community and see how they are supporting their chosen coin.
Big Eyes Coin is still in its presale stage. Purchasing presale coins is one of the best ways to get a high return on investment on launch day. You certainly do not want future regrets once BIG is listed on an exchange.
Find out more about Big Eyes Coins! You may follow them on their social media or visit their website by clicking on the links below:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
