Can Big Eyes Coin Reach $1, $10? Big Eyes Price Prediction 2023-2030
Latest Big Eyes Coin Price
Big Eyes Coin Price Prediction Today
|1. Market's Wisdom||Neutral|
|1a. Market Data||Neutral|
|1b. Technical Recommendation||Neutral|
|2. Crowd's Wisdom||Neutral|
|2a. Social Media Buzz||Steady|
|2b. Social Media Sentiment||Steady|
Big Eyes Coin – Buy or Sell, Crowd’s Outlook
- June 28th– Buy: 47.6%, Sell: 7.1%, Net: 40.5%
- July 2nd– Buy: 56.7%, Sell: 6.7%, Net: 50.0%
- Aug 3rd– Buy: 56.5%, Sell: 6.5%, Net: 50.0%
- September 5th – Buy: 47.6%, Sell: 4.8%, Net: 42.8%
Big Eyes Coin Price Prediction: Is Big Eyes Coin a Good Investment?
Here is a summary of the Big Eyes Coin whitepaper
- It is a ‘Community Token’
- ‘Big Eyes’ is a Cat
- 90% of the Tokens were 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 (Claim)
- 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
With very little information available about the Token, and little brand value in comparison with say Pepe NFTs or Tamadoge, Big Eyes is not a good investment.
Big Eyes performance so far
- Last 3 Months: -29.2%
- Since Launch: -92.8%
Is Big Eyes Coin Legit?
- Purely from an investment angle, the use case is weak but that was the case with Pepe too which eventually became a cult token this year
- The Founders are unknown but that is the case with Pepe as well
So at some level, Big Eyes Coin is as legit as Pepe. This does not mean it is legit, it only means there are numerous coins like this, including Pepe. There are two major issues with Big Eyes
- Unlike Pepe, Big Eyes does not have inherent brand power. Pepe NFT was already quite well known.
- Second, so far there is just one listing and perhaps more may be coming. Unless Big Eyes list in 7-10 exchanges, it is unlikely to have a great start.
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.
The contract complies with the ERC-20 token standard and was deployed with Solidity v0.8.13. The owner can blacklist any address from participating in transfers at any time.
Can Big Eyes Coin Reach $1?
For Big Eyes to reach $1, it will need to rise by 1667 times (assuming a listing price of $0.0006). At $1, Big Eyes Coin’s Market cap would be $200 Billion (assuming a circulation of 200 Billion). If Big Eye Coin were to rise at the rate of 25% every year, it would take it 34 years to reach $1.
Short-Term Scenario: Even if Big Eyes were to perform like Pepe (with a peak market cap of $1.5 Billion), it can reach a max of $0.0075. So even if it were to replicate the performance of Pepe, the best-case scenario is less than 1 cent in the next few months.
Medium/Long-Term Scenario: Looking at the expected Market Cap ($200 Billion) at the price of $1, it is highly unlikely that Big Eyes will reach $1. For example, Dogecoin had a peak Market Cap of less than $80 Billion during the peak of the Crypto Boom. It is now at $10 Billion. That was at a time there were few competitors, as opposed to now.
In sum, it is unlikely that Big Eyes coin will reach $1.
Can Big Eyes Reach $10?
In order for Big Eyes Coin to reach $10, it would need to increase by a factor of 11,04,362. At $10, Big Eyes’ Market Cap will be $2 Trillion. If BIG were to grow at a rate of 25% each year, it would take about 65 years to reach $10. Let us evaluate this data
- Quality of Investment- Moderate
- Growth required to reach $10- Not Feasible
- Market Cap at $10- Not Feasible
- Time required to reach $10 if it were to rise at 25% per annum- Not Feasible
Considering the criteria Quality of Investment, growth required and time required, BIG has a low chance of reaching $10. Let us analyze it further:
Is it possible for Big Eyes to rise 11,04,362 times?
No, it is not feasible for Big Eyes coin to grow 11,04,362 times in a span of 65 years. Comparing it to Bitcoin’s growth of 1400 times in 10 years, such an exponential growth rate is highly unlikely for any coin.
Can we forecast accurately that a token will grow at a rate of 25% every year for the next 65 years?
It is not realistic to expect a token to grow at a consistent rate over such a long period of 65 years. The growth rate of Big Eyes coin, or any token, is highly unpredictable and subject to various factors and market conditions. Therefore, it is uncertain whether the growth rate will remain consistent for the entire duration.
Hence, it is unlikely for Big Eyes coin to reach a price as high as $10. The significant growth required, along with the uncertainties and unpredictability of the market, make it improbable for BIG coin to reach such a high value.
Big Eyes Coin Price Prediction 2023, 2025 and 2030 (Aggregated)
Big Eyes is yet to be listed and therefore predicting its highest price in 2023 is a challenging task given it has been listed just 24 hours ago. However, here are the aggregated forecasts.
- Big Eyes Coin Price Prediction 2023 is $0.00002057
- Big Eyes Coin Price Prediction 2025 is $0.00004447
- Big Eyes Coin Price Prediction 2030 is $0.00027
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 SpaceX and Dallas Mavericks payments. Moreover, users can share tips in DOGE for quality content on Reddit and Twitter.
In the meanwhile the smaller tokens like Floki, Baby Doge and now Pepe have performed quite well.
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 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 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 Listing Price Prediction
Let us make an attempt based on the available information.
To gain insights into Big Eyes’ potential price, let’s examine the case of TamaDoge. TamaDoge, a meme coin, was listed in September last year, a few weeks before the FTX crisis. The Tamadoge Pre-Sale reportedly raised $19 million, and when the company was listed, its market cap was estimated at $22 million (Crowdwisdom360 Estimates). In a few days, the market cap soared to $177 million. Here are a few key observations:
- Unlike Pepe, Tamadoge was not listed on many exchanges.
- The initial three days after the listing was lackluster, but things changed after the OKX listing.
- Tamadoge, similar to Pepe or Big Eyes, does not have a substantial use case. However, Tamagotchi and Pepe are relatively well-known brand names, unlike Big Eyes.
- At its peak, Tamadoge’s trading volumes reached $80 million.
- One week before the listing, Tamadoge search volumes were around double that of Big Eyes Coin search volumes today.
Now, the crucial question is: what will be the listing price? The Tamadoge pre-sale ranged between $0.01 and $0.015, while the listing price was around $0.02. Big Eyes’ tweets hinted at a listing price of $0.0006, which would imply a 3.5x return. However, considering the data from Tamadoge and Pepe, a listing price of $0.0006 would likely be unfavorable. Perhaps a listing price closer to the pre-sale range, with a small 20-30% premium, would prevent excessive supply and contribute to the token’s performance over the next few weeks.
Furthermore, let’s examine the peak multiples for both Tama and Pepe. Tama’s peak was 9x the listing price, while Pepe reached a whopping 75 times higher. Therefore, the price prediction for Big Eyes in 2023 could range anywhere from 3x to 9x the pre-sale price, contingent upon the following conditions:
- Google search volumes are at the same level or higher than Tamadoge’s levels in September 2022.
- The listing price is approximately 20-30% higher than the pre-sale price.
- The token is listed on at least 3-5 major exchanges.
Lastly, the market environment on June 15th, 2023, will also need to favor Big Eyes. Remember, given that the Token is yet to be listed, any predictions at the moment will be highly speculative, perhaps we will know more closer to listing.
Big Eyes Coin Price Prediction: How to buy?
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
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.