Big Eyes Coin Price Prediction: Big Eyes claims $32 Million raised so far

Big Eyes Coin Price Prediction: Big Eyes Coin needs to clearly define the token’s utility to let people decide whether it is worth investing in or not.

Big Eyes Latest News

Big Eyes Coin is now providing a 250% Bonus on all purchases in the presale period by applying the BULLRUN250 code.
Big Eyes coin is incorporating Loot Boxes into their presale.
Big Eyes platform has started a competition where two winners can win price worth $100k.
Big eyes coin has raised $32.5 million so far in the pre-sale period.
Big Eyes has launched a “Vault Pin” feature on its website where the users have the chance to win free loot boxes on their purchases over $100.

About Big Eyes Coin

Here is a summary of the Big Eyes Coin whitepaper

It is a ‘Community Token’
‘Big Eyes’ is a Cat
90% of the Tokens will be available at the time of Launch (70% Public, 20% Exchanges), 5% for Marketing and 5% will be held in a visible wallet for saving the oceans
Big Eyes will launch ‘Top 10 NFT Collections’, 10% Tax on NFTs
Profit from NFT events will be put to a burn/not burn vote

Ad Claim: The presale has surpassed Ethereum’s 2015 record of $19 million

Big Eyes Coin Passes Halfway Point For Presale Target

Big Eyes Coin Price Prediction: Competitor analysis

Big Eyes Coin is a meme coin and hence its two most notable competitors are Shiba Inu and Dogecoin.

Shiba Inu- SHIB is a classic example of a meme coin that has worked towards delivering value to the users instead of being a mere meme token. It is an Ethereum-based token that was introduced as an alternative to Dogecoin. However, later it introduced the Shiba ecosystem consisting of Shibverse, Shibarium, Shibaswap, and Shibosis.

Dogecoin- It is another meme coin that was launched for just fun, but later gained success due to Elon Musk’s Tweets. However, it can now be used for payments in SpaceX and Dallas Mavericks. Moreover, users can share tips in DOGE for quality content on Reddit and Twitter.

Price movements of competitors

Let us also briefly analyze the price movements of Shiba Inu and Dogecoin:

Last 12 Months: Shib -49.7%, Doge -36.2%
Last 3 Months: Shib +39.4%, Doge -0.2%
Last 1 Month: +13.4%, Doge -2.2%

As we can see that SHIB and DOGE’s prices have improved in the last few months. One of the probable reasons can be improved market conditions after the release of CPI Index data. Furthermore, Shiba’s increased utility can be another reason for its competitive growth.

Big Eyes Coin Audit report

An audit of the BIG token was completed by solidity finance, it found that there were no issues in the majority of vulnerability categories. BIG is built on Ethereum and that delivers a certain level of default security However, two areas of concern were identified

The Big Eyes team owns most of the token supply
The Big Eyes team has the ability to add any address to the blacklist at any time.

Big Eyes Coin Reddit discussions

In a recent Reddit discussion, users are discussing whether Big Eyes Coin can be the next Shiba and Dogecoin. Let us analyze the discussion.

One user wrote that currently, it’s not a good time to launch a new coin, probably Big Eyes Coin can perform better in the bull run. Another user commented that it can become even better than Dogecoin and Shiba Inu.
One user even commented that he will buy a bag of peanuts instead of investing in meme coins. The next user wrote that we don’t need meme coins anymore.

As the Big Eyes Coin is community-driven, it’s very important to have people’s opinions and support. From the Reddit discussion, it is evident that not many people are in the favor of meme coins now.

Big Eyes Coin Price Prediction: Market conditions

In summary, the crypto market’s performance is influenced by various factors like use cases, competition, inflation, and liquidity. Although the recent decrease in December’s Inflation rate has improved the market’s conditions, they are still not optimal.

Big Eyes Coin is a meme coin that aims to compete with Dogecoin and Shiba Inu, but it lacks a clear use case and its only unique proposition is dedicating 5% of tokens to a charity wallet. The market is highly competitive, dominated by Dogecoin and Shiba Inu, and Big Eyes Coin has not yet created a successful community. To succeed, Big Eyes Coin needs to define its token’s utility for people to determine its investment potential.

Roadmap for Rollout

Big Eyes Coin’s Roadmap is divided into four stages, as described below:

Stage 1: This phase includes an audit of the token, the launch of a presale, the launch of the presale website, and the launch of the PR machine and social channels.

Stage 2: Stage 2 includes the launch of the token on Uniswap, the first donation to charity, verification of social media, influencer campaign, the launch of merch shop, the launch of Big Eyes SWAP, the addition of the first bridge and token listing on new swaps.

Stage 3: This stage includes NFT release, a second donation to charity, and a massive influencer campaign.

Stage 4: The last stage includes community events, increased donations to charity, bridging more chains, and the addition of more swaps.

Big Eyes Coin Price Prediction: How to buy Big Eyes Coin during pre-sale?

During the pre-sale period, users can purchase BIG tokens from its official website only. The following are the three steps to buying Big Eyes Tokens:

The first step is to have a MetaMask Wallet or Trust Wallet installed on the browser.
The second step is to connect the wallet and choose the appropriate option whether you want to purchase Big Eyes with ETH, BNB or USDT.
In the third step, users will be able to claim their Big Eyes tokens once the presale period is over.

Note that mobile users are recommended to use Trust Wallet while desktop users are recommended to use MetaMask wallet.

Also Read: Shiba Inu Price Prediction

~Charu Taneja

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.