Big Eyes Coin Release $1M Lootbox as Dogecoin and Shiba Inu Slump

What goes up must come down, right? The crypto winter hit the market hard last year, and as a result, many currencies have seen a decline in performance. The crypto charts are looking red as a bearish market seems to be setting in. The most affected are Dogecoin and Shiba Inu; however, Big Eyes Coin ($BIG)  is emerging to give investors their shot at redemption. 

Every crypto user knows the risks of their investments. They know that while they will make a profit from their investments, there is always a chance of nothing coming back, and with the volatility of the market last year, this is exactly what happened. The red line on the charts of Dogeocoin and Shiba Inu may look bleak, but not all hope is lost. 

Dogecoin in the Red

The meme coin giant began in 2013 as a parody of Bitcoin but has since gathered a cult following. The coin was inspired by the popular internet meme “Doge” and made its way around social media until it eventually found its way to Elon Musks' Twitter feed. Thereafter, the demand and value of the coin skyrocketed. 

The current state of the market has not been kind to the coin in the last week; the coin has plummeted 5.67%, bringing its value down to $0.08065. From this, we can conclude that there a downtrend is evident. However, it is predicted to rise by 4.31% and reach $0.08409 by March 7. 

Shiba Inu with Slumped Ears

The parody of Dogecoin and its strongest competitor experienced a similar rise to fame as Dogecoin, gathering the support of both celebrities and online communities. 

The coin is starting to feel the bearish market, slumping by nearly 10% in the past week. The current coin value is $ 0.00001199, with a market cap of $6.58. However, the predictions for Shiba Inu say that the coin is due to rise by 32.18% and be valued at 
$0.00001586 by March 7. 

Big Eyes Coin: Who Wants to be a Millionaire? 

One meme coin that has gathered much attention without even being on the broader market yet is Big Eyes Coin. With a furry feline as its face and promising exponential returns for investors, the coin is turning out to be an investment favorite. 

It has managed to gather $31 million of investment so far and is giving investors a chance to win BIG with its Loot Boxes - up to $ 1 million. The boxes are valued from $10 - $10 000 and are a win-win because if users are unsuccessful, they get their money back in tokens. The loot boxes have been popular amongst users as it is inexpensive to invest in, and the possibility for a grander return is enough to have anybody grab a chance at success. 

In addition, it gives investors a chance to have a visual idea of how much their ROI will be by giving them the feature of a wealth calculator. 

The coin already shows great potential to compete firmly with Dogecoin and Shiba Inu once it hits the broader market. 

Final Thought

The bearish market is slowly creeping in after the crypto winter. There are a lot of risks that are coming up, but also there is a lot of investment potential. The performance of these currently declining cryptocurrencies is sure to rise soon. Still, in the meantime, investors need to put their money into something that is going to guarantee a return. 

For More on Big Eyes Coin (BIG):

Presale: https://buy.bigeyes.space/ 

Website: https://bigeyes.space/ 

Telegram: https://t.me/BIGEYESOFFICIAL