With Stage 5 selling at record speed, will Dogecoin and Shiba Inu stand the chance against Big Eyes Coin?

Meme coins have proved to be a way out of the crypto crash that happened earlier this year. While most of the cryptocurrencies tanked, including Dogecoin (DOGE) and Shiba Inu (SHIB), some new tokens in the market have shown the light in the darkest of times.

Related articles

Dogecoin [DOGE] to rise beyond 40%? Whale activity may spur rally

February 2, 2023

Rumor has it that Dogecoin could shift to proof-of-stake — What does that mean for miners? By Cointelegraph

February 1, 2023

Let’s face it: meme coins are fun, powerful and edgy. Unlike Bitcoin (BTC) and Ethereum (ETH), meme coins can possess many features that are profitable for investors. NFTs, for example, have become popular, and investors and artists have earned millions of dollars.

Big Eyes Coin (BIG) is one such meme token which is making headlines since its presale launch. So far, the cute-eyed coin has raised over $7.88M and stage 5 is selling at record speed.

Will Dogecoin become obsolete in the future?

For the longest time, even Elon Musk has not tweeted anything about Dogecoin (DOGE). However, DOGE enjoys the legacy of being the pioneer in meme coins and has certainly paved the way for a coin like Shiba Inu (SHIB).

It seems like DOGE’s success was temporary, as it has still not recovered from the wounds of the crypto crash, while other coins are back on track.

Dogecoin has a fan-following and dedicated community that works day-in and day-out to strengthen its ledger and ecosystem. It is especially beneficial for day traders who have considered the coin’s volatility as a plus point because they can enter and exit the trade in a single day.

Is Shiba Inu really a dogecoin killer?

Shiba Inu (SHIB) was launched as a rival coin against Dogecoin (DOGE). Usually, coins have a first-mover advantage, but SHIB was advantageous because it could learn from the mistakes of Dogecoin.

This meme token is more than a joke. Just last week, the community released a mobile game for Android and iOS called Shiba Eternity. The game’s success can be calculated by the fact that after its launch, the platform saw 100K new SHIB holders.

Shiba Inu (SHIB) seems to be on the right track. However, it has to be wary of…