How powerful is a crypto presale? Big Eyes Coin is tipped to rival Ethereum and Solana for Pre-ICO Impact
The impact and power of an impactful crypto presale cannot be overstated; new altcoins like Big Eyes Coin (BIG) have already raised $31.33 million and show an ideal use case for why pre-sales matter. There have been many examples of pre-sales that have set up successful crypto projects such as Ethereum (ETH) and Solana (SOL), but what about a pre-sale that makes or breaks a new concept?
Why should I care about pre-sales?
Pre-sales were previously referred to as an Initial Coin Offering (ICO) or a pre-ICO, which gave the new altcoin a chance to attract new investors at a reduced token cost. It is important to fine-tune the identity and functions in the early stages of an altcoins development. The pre-sale provides the perfect opportunity for rapid adoption to expand the investor base.
Developing a successful token is about more than just popularity, although that helps quite a bit. There are generally two branches of pre-sales; the investor-only option and the pre-sale open to all. The investor-only pre-sale is for the very confident crypto project, and only opens the door for big money investors willing to splash the cash. The open-to-all pre-sale gives the rest of us a chance to choose whether we want to invest in a development project.
Ethereum is feeling the bears bite
There are two leading players in crypto, Bitcoin (BTC) and Ethereum (ETH), both seen as indicators of how strong the crypto exchange is currently performing. Ethereum is a central global blockchain-based decentralized software platform; with a very successful native coin. Ethereum is also seen as a foundation for new developments in technology.
On March 10, the Ethereum price fell more than 7%, as the bear market dries up investor confidence. Ethereum sometimes faltered under market stress; back in 2014, its ICO sold more than $7 million of ETH tokens in the first 12 hours, with a total of $17.3 million raised; for now there was something to celebrate.
Solana with success in the back end
Solana was founded in 2017 and started as an open source project; specializes in hosting decentralized, scalable applications. The transaction speed of Solana has been the main selling point; It has also helped investor adoption to have a native coin that rose almost 12,000% in 2021. How did Solana reach this level of success? The first steps in any project are often the most important.
In 2020, cryptocurrency exchanges were still reeling from the effects of a bear market that shrank the investor pool. During these trying times for crypto projects, Solana raised more than $1.7 million during its ICO. Compared to recent numbers, raising $1.7 million may not seem like much, but this was miraculous for an emerging altcoin at the tail end of a bear market.
Big Eyes Coin who owns the presale
When you compare Solana and Big Eyes Coin, you can see that the young meme coin also started its life in difficult times. With regulatory scrutiny and CEOs getting hit with subpoenas every morning, launching a new project takes work. While people are watching their money, the pre-sale is a perfect way to ensure a strong flow of investors and raise capital to develop the project further.
After raising $31.33 million during its presale, Big Eyes Coin is enjoying a successful Phase 12, with the BIG token selling out quickly before launch. Dropping some loot boxes has always been a welcome addition to a pre-sale; Big Eyes Coin recently released their new ‘Excali-Paw Chest’ which gives you a chance to win up to $1 million worth of BIG. Make sure you use the new Vault Pin: 819 when you buy its original coin to earn the loot.
There are five levels in the altcoins Loot Box offer, starting at the savings box for just $100 with a chance to win BIG of $1000. The sweet $1000 box can reward you with a lovely $10,000 bundle of BIG. Who wouldn’t like a nice $5,000 Kitty Vault that can net you $25,000 in BIG tokens? Then there’s a $10,000 Saiyan box that can raise a smile worth $100,000 BIG coins.
If you want to find out more about Big Eyes Coin (BIG), check out the links below:
Advance sales:
Website:
Telegram:
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent Bitcoinists. Bitcoinist does not guarantee the accuracy or timeliness of the information available in such content. Do your research and invest at your own risk.
