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The cryptocurrency economy of late 2022 is fiercely competitive. In the shadow of major coins, innovation, creativity and novelty are crucial for a meme coin to flourish.
New coins find themselves in a race with many competitors. Profitability is the finish line. Making it to the chequered flag requires a mix of clever marketing, passion, and dedication.
One coin that’s undoubtedly made it to the front of this race is Dogecoin (DOGE). Seen by many as a founding father of meme coins, it has enjoyed consistent success since its launch in December 2013.
The recently launched Tamadoge (TAMA) is an example of a late starter, but this coin has made strides with its successful presale phases and continues to go from strength to strength.
Its competitor, Big Eyes Coin (BIG), has experienced a comparable presale stage and lead-up to launch.
In this article, we’ll examine the potential of the two meme coins above, and compare their strategies to the well-established success of Dogecoin (DOGE). Which will triumph in the gruelling race of cryptocurrency viability?
Dogecoin: Setting the Stage
As the first to set out from the starting gate, it’s no surprise that Dogecoin (DOGE) is by far the most successful of the three cryptocurrencies we’ll analyse in this article. In many ways, Dogecoin has set the tone for others to follow in its stead. The coin’s theming and marketing are cheerful, irreverent, and friendly, a stark contrast to the professional, clean, and futuristic presentation that many giants of cryptocurrency present.
This coin sits at 10th in the rankings of coinmarketcap.com and has a market cap of over $8,000,000,000. It has also attracted celebrity endorsements, including the long-time support of Elon Musk, the billionaire founder of Tesla Incorporated.
This coin has a huge lead on the newcomers – but can fresh ideas allow Tamadoge (TAMA) or Big Eyes Coin (BIG) to catch up to this frontrunner?
Tamadoge: Twice as Bright, Half as Long
Right out of the gate, Tamadoge (TAMA) hasn’t held back in establishing itself as a meme coin with potential. It raised a meteoric $19M during its presale stages. In recent days, the coin has rocketed in value, finding itself valued at 20x its price during its presale.
This coin promises a little bit of everything: Metaverse integration, online play-to-earn gaming, and sets of Tamadoge NFTs that can be kept in the Tamaverse as digital pets, reminiscent of retro ‘Tamagotchi’ characters.
The coin has even launched a giveaway of initial NFTs worth $100K. The competition is open to everyone who holds $100 worth of TAMA. This generous prize, plus the hype around the launch of the coin’s upcoming NFT collections, has generated a real buzz around Tamadoge (TAMA).
The key question, however, is whether this explosive approach can be sustained. It’s a well-known fact that horses who take the lead early often run out of steam over a long course. The staying power of cryptocurrencies can only be measured over long periods, so this race is a marathon, not a sprint.
Big Eyes Coin: Staying Power, Sustainable Profits
In contrast to the full-tilt approach of Tamadoge (TAMA), fellow competitor Big Eyes Coin (BIG) is playing the long game with its presale and eventual launch.
This exciting coin offers many similar benefits and applications to Tamadoge (TAMA). In the pipeline are NFTs from Sushi Crew, media stunts, and a launch on Uniswap leading up to the launch of the coin.
However, these efforts are backed with a vision that prioritises longevity and security: 80% of the coin’s total supply of tokens will be available for purchase at launch, and the initial liquidity pool will be locked for two years, to make sure that the growth of this new currency is ensured. In addition, transactions involving Big Eyes Coin (BIG) will be free from buying and sell taxes. These features display Big Eyes’ commitment to stable development.
Despite this careful approach, Big Eyes is taking off in a big way. Now in its fifth presale stage, the coin has attracted more than $6.6M and shows no sign of slowing. These promising signs show that this coin certainly has the legs to compete, but more impressive is the more gradual deployment of the token’s features.
Closing Thoughts
While the behemoth Dogecoin (DOGE) remains dominant in the field of meme coins, there are other coins with the potential to match it or even overtake it. While Tamadoge (DOGE) seems to be burning bright right now, Big Eyes Coin (BIG) is the safest bet – in more ways than one.
Big Eyes Coin (BIG)
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Twitter: https://twitter.com/BigEyesCoin
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