No doubt, the cryptocurrency market has the capacity to make you rich with the right purchase. Meme coins have shown consistently that they have the capacity to reward traders with a splash of income. However, not all meme coins are good investment choices. There are those that are only designed for short-term growth, and that’s without speaking about rug pulls and fraudulent projects. To get the massive gains you’re after, you need to invest properly. Yes, choosing the right tokens goes a long way.
If you’re looking for the best meme coins to buy, Shiba Inu, Safemoon and Big Eyes Coin (BIG) are ideal alternatives for you. This piece will teach you why you should consider investing in these meme coins.
Shiba Inu Fights For Prime Permission Amongst Memes
Shiba Inu belongs to an exclusive class of Dog-themed coins. This meme coin itself was designed to be a replacement for Dogecoin. This cryptocurrency served as an eye-opener that a coin can join the meme market and do better than its predecessor. The development team of this token, Ryoshi, started their project as a replacement for Dogecoin. They wanted a meme coin that was similar to Dogecoin, but with improved features.
Shiba Inu adopts the community-driven approach that’s adopted by Dogecoin. And this meme project has taken this new approach to new levels. Today, there are close to 700 thousand community members on Shiba Inu. What’s more? Shiba Inu was designed to be a decentralized protocol that will support the hosting of projects and swapping of digital tokens. This hosting will be through a centralized platform. This protocol is powered by three main tokens – LEASH, SHIB, and BONE.
Safemoon Works For You
Safemoon is an example of a meme coin whose explosive price movement enriched many traders. When this project was released in March 2021, it generated plenty of hype. Therefore, its price spiked quickly in April 2021. Many traders were left disappointed because the price spike of this cryptocurrency was sustained. This cryptocurrency has been able to reach its former peak, but there’s still hope.
The Safemoon development team designed this cryptocurrency for long-term holders. If you wish to sell your Safemoon, you’ll be charged a 10% fee. Part of this fee will be paid to existing holders of the project. Safemoon was created on the Binance Smart Chain. Therefore it can take advantage of the speed and efficiency of the network. Safemoon’s problems began after an audit by Certik revealed that the owners were secretly taking control over the liquidity pool of assets. The developers of Safemoon also gradually reduce the total number of coins in circulation.
Big Eyes Coin (BIG) Nails The Landing
Big Eyes classifies as a cryptocurrency that prioritises innovation. This meme coin is unlike others in the market. To start with, Big Eyes has an interesting innovation. This utility allows people to use Big Eyes to mint NFTs. There are only a few coins in the crypto space that allow users to mint NFTs. This means that Big Eyes has joined an exclusive category of cryptocurrencies.
This meme coin’s introduction to the NFT industry means that its development is closely linked to how well its NFTs perform. As more NFT collections are released from Big Eyes, worldwide interest will increase. The value of the token will also be boosted exponentially. Furthermore, the developers of Big Eyes designed the presale to support an equitable distribution of BIG tokens. There’s a total supply of 200 billion tokens. BIG is the ticker symbol for Big Eyes. This project is run on the innovative Binance Smart Chain. Therefore, the BIG is a BEP-20 token.
This cryptocurrency adopts a community-centered approach. This approach means that users will be at the forefront of decisions in this cryptocurrency. This type of approach has seen tokens like Shiba Inu thrive.
Check out this video for more information on this tasty prospect.
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