If there’s one constant in the fast-paced world of cryptocurrency, it’s that surprises are around every corner.
Q3 of this year was no exception, with the shocking success of the junior meme coin Tamadoge (TAMA). Owing to a very successful presale, this coin looked as if it might be ready to challenge veteran player Shiba Inu (SHIB) as the currency of choice for Q4 and beyond.
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However, a second surprise has broken new ground in recent weeks: Big Eyes Coin (BIG), a newcomer to the scene, has exploded both in presale funding and in word of mouth among enthusiasts and casual investors alike.
Even more surprising developments are certain to be in store for Q4. Keep reading to find out the latest scoop on these three coins as they fight for traction in the fiercely competitive conditions of 2022’s cryptocurrency ecosystem.
Shiba Inu: Slowly Sinking
Of the coins we’ll discuss in this article, Shiba Inu (SHIB) is certainly the one with the highest profile. Designed as an Ethereum-based alternative to Dogecoin, Shiba Inu experienced a flurry of growth and profit in the years after its creation. This wave of growth has led to the creation of many copycat or derivative currencies.
On the currency’s website, the coin is advertised as a potential ‘Dogecoin killer.’ In the aftermath of Shiba Inu (SHIB)’s full launch as a cryptocurrency, it seemed possible that it would live up to that aspiration.
One of the surprises of the past weeks, and indeed past Quarters, is that this previously valuable token has consistently lost steam.
In the last month alone, Shiba Inu (SHIB) has depreciated from a high of USD 0.00001312 down to a low of USD 0.00001011. Examining this trend over the past year also paints a grim picture: a high of USD 0.00007924 in November of 2021 has plummeted to a low of USD 0.00001028. This means the coin is worth 85% less at the time of writing. It also means that in all quarters this fiscal year, Shiba Inu (SHIB) has been in freefall. Barring a miracle, it seems likely this trend will continue.
However, all these worrying signs must be taken with a grain of salt, considering the significant brand awareness and profile this coin and its developers have cultivated. Recovery might be swift, or the decline of this previously mighty coin might worsen. Only time will tell the full story, but don’t rule out an unexpected outcome.
Tamadoge: Reaching for the Shoulders of Giants
Following in the footsteps of meme coins such as Shiba Inu (SHIB) came the surprise breakout coin of Q3 2022: Tamadoge (TAMA). With a style and theme that were familiar to any veteran cryptocurrency analyst, TAMA nonetheless experienced breakout success in Q3 2022.
The presale phases of this coin generated significant interest, and the hefty sum of USD 19M was secured by the time Tamadoge’s presale closed shop. Needless to say, there was a hum of interest and activity surrounding the coin.
This development may have been in part a reaction to the decline in value Shiba Inu (SHIB) has shown recently. There is space in this marketplace for a successor currency to pick up the mantle previously held by Shiba Inu (SHIB).
Tamadoge (TAMA) has shown it has the capacity for rapid growth: in the past month, it appreciated from USD 0.02099 to USD 0.1941, an enormous upswing. However, this exciting surge in value has been hamstrung by large dips in value in the past week: from the respectable high of USD 0.187, a disappointing low of USD 0.03194 is the price of the coin at the time of writing. It seems that the price of this coin is difficult to predict, and its growth is unstable.
While Tamadoge (TAMA) has demonstrated a fiery start to its launch, its subsequent health has been shaky. The question remains: can TAMA remain a viable contender as we head toward the next fiscal year?
Big Eyes Coin: An Unexpected Journey
Q4 held a surprise of equal calibre to Q3: the arrival of Big Eyes Coin (BIG) and its runaway success in the presale stage. This meme coin has enjoyed a strong start to its life: nearly USD 7M in funding has been committed to the presale of the coin. It seems inevitable that Big Eyes Coin (BIG) will pass the USD 10M mark before the end of the presale, but the more pertinent question concerns how much further this coin could go. Could USD 15M, USD 20M, or even as high as USD 50M be on the cards for Big Eyes?
There are good reasons to predict such staggering possibilities. The development of Big Eyes Coin (BIG) is targeting long-term stability and sustainable growth. For example, 80% of the currency’s tokens will be available for purchase at launch, and the coin’s initial liquidity pool will be locked in for two years to ensure continuity.
These considerations make Big Eyes Coin (BIG) a reliable bet as it absorbs more and more investment and word-of-mouth attention each day.
Closing Thoughts:
In the wake of the bleeding behemoth that is Shiba Inu (SHIB), the hype surrounding Tamadoge (TAMA) at its launch has shown that the crypto world is hungry for viable candidates to pick up the meme coin baton and run with it.
Given the demonstrated interest the wider cryptocurrency community has for Big Eyes Coin (BIG), and its continued climb toward a record-breaking presale, signs indicate that BIG is set to overtake Tamadoge (TAMA) as the prime contender for the hottest meme coin of Q4 and beyond.
Bonus tokens are currently available when purchasing Big Eyes Coin (BIG) by using the code: BUYBIGEYES22
Big Eyes Coin (BIG)
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Twitter: https://twitter.com/BigEyesCoin
“Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.”
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