ETH Remains to Be the Crypto Prince: Will the Rise of SHIB and Big Eyes Coin be a Threat?

With the rise of cryptocurrency, investors are increasingly interested in getting into the digital assets realm. Ethereum (ETH) has emerged as a popular choice due to its increasing adoption and the recent Shanghai upgrade. Similarly, meme coins Shiba Inu (SHIB) and Big Eyes Coin (BIG) have become two of the most talked-about meme coins. With their meteoric rise in value and growing mainstream acceptance, a few investors wonder if these cryptos pose a threat to the reign of Ethereum (ETH). The article looks at SHIB and BIG as potential threats to ETH's dominance and suggests they may be better investment options than tech stocks like Apple and Microsoft.
Ethereum — The Crypto Prince
Ethereum, founded by Vitalik Buterin in 2014, is a blockchain platform that allows for the development of decentralized applications and smart contracts. The recent implementation of the Shanghai hard fork, also known as "Shapella," marks a significant milestone in the network's transition to a complete proof-of-stake consensus mechanism. This upgrade makes the network more energy-efficient and secure.
During the Shapella upgrade, users who staked their ETH could withdraw their tokens or redeem their earned rewards. Within just 30 minutes of the update going live, around $10 million in ETH had been withdrawn through 285 transactions, while the value of ETH remained stable.

Shiba Inu and Big Eyes Coin — Not Just Meme Coins
Shiba Inu — The Dogecoin Slayer
Shiba Inu (SHIB) is a rapidly growing dog-themed crypto with aims of creating a decentralized ecosystem. SHIB has experienced significant price volatility and value growth, with some investors considering it a possible rival to Dogecoin. Shiba Inu developers have announced the upcoming launch of the Metaverse project, which is set to debut in December 2023. Users will be able to explore and develop the Metaverse, which will consist of 100,595 plots of land that can be owned to generate passive income and gains in-game rewards.
Big Eyes Coin — The Fast-Rising Token
Big Eyes Coin (BIG) is an upcoming meme token that aims to capitalize on the current crypto market trend. While BIG is yet to be released on the blockchain, the BIG team announced its final presale day will be on June 3. As the presale epoch comes to an end, the team has released the END300 code, offering token holders a 300% bonus on every $BIG purchase made after the presale concludes.
BIG has also launched Big Eyes NFT Loot Box trading cards that users can collect, mint, and trade. Each card can only be minted once per wallet address and is now available on OpenSea. By offering a unique investment opportunity and fostering a family-like atmosphere among its members, BIG aims to make its mark in the crypto space.
Better Investment: ETH, SHIB, and BIG over Tech Stocks
Investing in technology stocks such as Apple, Microsoft, and Amazon is popular due to the tech industry's rapid growth and innovation. However, the value and potential return on investment of any asset, including stocks and cryptocurrencies, depend on various factors such as market trends, the economy's state, and project’s developments.
Cryptocurrencies like Ethereum, Big Eyes Coin, and Shiba Inu offer a decentralized and potentially fast-growing investment opportunity. Unlike tech stocks, cryptocurrencies are not subject to the same regulations and centralization, which some investors may view as an advantage. Also, the potential for exponential growth in the cryptocurrency market can be very attractive for investors willing to take on the associated risks.

Be Smart In Diversifying Your Assets
Investors have different options when it comes to investment opportunities such as Ethereum, Shiba Inu, Big Eyes Coin, and tech stocks. While tech stocks offer stability and steady growth, the potential for growth in the three cryptocurrencies is significant due to recent developments such as ETH's Shanghai upgrade, increasing adoption in China's crypto market, BIG's Presale Ending, or SHIB's Metaverse update. Investors should weigh the advantages and disadvantages of each investment option and assess their risk tolerance before diversifying their portfolios.
Diversify Your Assets With BIG!
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