Big Eyes coin will be a big deal in Ethereum nft market like Apecoin

Since the creation of NFTs, the market has been largely independent of the other landscapes such as DeFi. The entire market can crash while the NFT market maintains a high trading volume. The NFT market started to pick up volume in 2020, and the momentum was fueled by news of insane NFT sales. A digital artist, Beeple, sold an NFT for $69 million, and most NFT enthusiasts refer to it as the start of the NFT bull run.

People became more interested in NFTs, daily volume increased, and new NFT projects appeared. One of these projects, Bored Ape Yacht Club, is a PFP collection of 10,000 unique works of art that has done more than $2 billion in trade volume. The NFT collection topped the market earlier in 2022, reaching a floor price of 150 ETH, an all-time high at the time.

The team behind the NFT project saw the need to expand the brand and return value to the community by creating ApeCoin(APE). ApeCoin is proposed as a utility token for the community and will prove to be very useful in the next updates from the parent token.

Big Eyes Coin (BIG) will take a page from this template as it is a new meme coin that looks set to launch an NFT collection eventually. Big Eyes Coin is already poised to dominate the DeFi market at launch, but it would be much more exciting to see the cat-inspired token spread its narrative to NFTs.

A token created to support the development of art – ApeCoin

ApeCoin (APE) is a utility token on the Ethereum blockchain created by Yuga Labs as a utility for the APE ecosystem. The APE ecosystem consists of community holders of the Bored Ape Yacht Club, Mutant Ape Yacht Club, Bored Ape Kennel Club, and Otherdeed for Otherside collections. Although Yuga Labs serves as the main token for other NFT collections such as CryptoPunks, Meebits, etc., ApeCoin was only created to serve the APE communities.

ApeCoin was launched in Q1 2022 at a bad time for the cryptocurrency market, but it emerged as a top performer alongside cryptocurrencies such as STEPN(GMT). As of August 2022, the cryptocurrency has a market capitalization of over $1 billion and remains a solid value in the market.

Since ApeCoin is a widely used ERC-20 token, it is technically recognized by most businesses. ApeCoin(APE) use cases allow holders to participate in the DAO’s governance and give them access to the ecosystem’s exclusive games, events, goods and services.

The Meme Token Newcomer – Big Eyes Coin

Big Eyes Coin (BIG) is a new meme coin that aims to create wealth for its community using the vast resources available via DeFi and NFTs. Big Eyes is a cat-inspired meme coin and tries to revolutionize the face of crypto memes. Big Eyes will make it possible by using some marketing styles to include as many influencers to push the cat meme narrative.

Big Eyes will compete with dog coins such as Dogecoin(DOGE) and Shiba Inu(SHIB). Although DOGE and SHIB are very high up in the league of meme coins, Big Eyes looks very promising to bring out its kind of growth. This will mean that the meme coin meta will change. ApeCoin is an NFT-derived token, but Big Eyes plans to create a DeFi-derived NFT collection. With the massive daily trading volume on NFT marketplaces, BIG provides many opportunities for the community to create wealth.

Big Eyes will host peripheral activities such as events, contests, social media challenges, DeFi education, charity, etc., depending on the direction the community is driving the project. It seems like one of the most promising projects the cryptocurrency market has seen in a while. It is currently on pre-sale, and this is as early as possible. It can be a potential buyer for big gains.

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