Big Eyes Coin Price Prediction: Will BIG Meme Coin Recover From Its Lows?

In recent years, specifically the past two years, the meme coin sector has experienced significant growth within the cryptocurrency market. This trend was largely inspired by the meteoric rise of Dogecoin in early 2021, which itself was created as a satirical take on cryptocurrencies. Following Dogecoin’s success, other meme coins like Shiba Inu (SHIB) emerged, essentially representing a second-layer parody – they are parodies of Dogecoin, which was already a parody of the broader cryptocurrency concept. In any case, these cryptocurrencies, many lacking distinct utilities, have formed their own unique ecosystem. Throughout 2021, it appeared that a new meme coin was launched almost weekly. However, as the broader cryptocurrency market has experienced several downturns, the excitement surrounding meme coins, commonly referred to as “dogcoins,” has somewhat diminished this year. Despite this slowdown, these coins remain active in the market, with several new ones preparing for launch. Big Eyes meme coin, a new entrant in the crypto market, represents the latest fusion of internet culture and digital finance. The presale for Big Eyes, a cat-themed meme coin and ERC-20 token with the ticker symbol BIG, commenced in August 2022 and started trading on June 3rd, 2023, as per details from the official Big Eyes website. This meme coin was initially launched on Uniswap, along with a planned release on a top-tier, yet-to-be-revealed Centralized Exchange (CEX). After reportedly raising around $35 million, despite several postponements in concluding the $BIG token presale, there is growing speculation about Big Eyes coin price prediction post its Initial Coin Offering (ICO).

Big Eyes Coin: A Quick Introduction

Big Eyes Coin, a notable meme coin that was launched in 2022, stands out in the cryptocurrency landscape with its unique approach. Centered around a cartoon cat character named Big Eyes, the coin aims to create a vibrant community. It allows not just for the usual trading activities but also enables users to purchase non-fungible tokens (NFTs) with it. As it becomes publicly tradable, the coin is recognized by its ticker symbol, BIG.

The platform’s whitepaper has a clear vision: “Big Eyes’ is a full-on community token with the express goal of shifting wealth into the [decentralized finance] DeFi ecosystem and protecting an important part of the world’s ecosystem. Community tokens are huge wealth generators for community and charity. But Big Eyes wants to give more by building a blockchain ecosystem that self-propagates for hyper growth using NFTs to offer access to more content and events that make the blockchain hypeship well worth boarding.”

Back in 2022, amidst a sea of meme coins, Big Eyes Coin set out to make its mark by harnessing the power of online communities and word-of-mouth. According to its whitepaper, the strategy for BIG is to “go big on media, big on influencers, and big on cuteness,” with the goal of becoming the most talked-about meme coin of that year. This approach aims to send its popularity through to 2030, driven by continuous innovation and acquisitions. The whitepaper highlighted the crucial role of the community and a network of expertise in magnifying the coin’s success.

Big Eyes Meme Coin: Concerns

The Big Eyes cryptocurrency differentiates itself from other meme coins through its declared environmental mission. According to its system, the coin is intended for eco-friendly usage, with 5% of its total supply allocated to a charity wallet. This wallet is dedicated to supporting charities focused on cleaning the world’s seas and oceans. However, it’s important to note that the whitepaper doesn’t specify which charities will receive these funds.

Another notable aspect is the anonymity of BIG’s founders, who use pseudonyms such as PawZilla, CatNipper, HypePurrr, TenPaws, CatSuit, and CatEyes. PawZilla, believed to be the leader, is referred to as the “top cat”. This practice of anonymity isn’t unusual in the crypto sphere – the founder of Bitcoin, Satoshi Nakamoto, is also believed to have used a pseudonym. However, for investors, knowing who is behind the coin and who manages charitable donations can be a point of concern.

Additionally, the whitepaper doesn’t explicitly state the blockchain on which Big Eyes coin operates. An audit by Solidity Finance, a smart contract auditing firm, indicated that it is an ERC-20 token based on the Ethereum (ETH) blockchain. This lack of clear information in the whitepaper about the underlying blockchain could be a point of interest for potential investors and users of the coin.

The audit report, initially released on August 19, 2022, and updated on September 6, 2022, highlighted concerns regarding centralization in the Big Eyes coin project. As per the report, the entire supply of the yet-to-be-launched cryptocurrency was controlled by the development team. Additionally, they had the authority to blacklist specific addresses. Despite its name, the Big Eyes coin is technically a token since it is based on the Ethereum blockchain.

Regarding tokenomics, Big Eyes planned a total issuance of 200 billion BIG tokens. Of these, 70% were allocated for sale during an online presale. Another 20% was earmarked for distribution to cryptocurrency exchanges, while the remaining 10% was to be divided equally between charitable contributions and marketing initiatives.

There is no tax applied to transactions of the Big Eyes token itself. However, the ecosystem’s NFTs carry a 10% tax. This tax is distributed as follows: 4% to the original seller, 5% to general BIG holders, and 1% designated for charitable purposes.

It’s also crucial for potential investors and users to differentiate Big Eyes coin from other tokens with the same ticker, BIG. Specifically, it should not be confused with tokens associated with the Dark Land survival game or the BigWinner token, both of which also use the BIG ticker. This distinction is important to avoid any mix-ups or misconceptions about the different tokens sharing the same ticker symbol.

Roadmap Of Big Eyes Coin

The future of Big Eyes coin is structured into four distinct phases as outlined in the system’s roadmap. The initial phase was titled “Crouch.” This stage focused on the presale, conducting a token audit, activating social media presence, and orchestrating a media stunt.

Following this was the “Leap” stage, marking a significant progression. Here, Big Eyes coin debuted on Uniswap (UNI), a decentralized exchange (DEX), alongside launching its full website. Concurrently, the platform aimed to reach 25,000 members on its Telegram channel and acquire 20,000 token holders. This stage also included making the first charity donation and transitioning the system entirely to community governance. The whitepaper indicates that this is the point where the “meme machine” shifts into “full tilt,” with merchandise becoming available for purchase.

The next phase, known as “Run,” involves the launch of the system’s NFTs. Additional charity donations are planned, and a real-world meetup for NFT holders is proposed. This stage is ambitious, aiming to attract a “massive influencer,” grow the Telegram user base to 50,000, and match this number in BIG token holders. Another, more substantial media stunt is anticipated, with the whitepaper suggesting that the “meme machine” will enter overdrive.

The final phase, “Catwalk,” sets high goals. The system aims to donate $1 million to charity and organize more events for the community. This stage represents the culmination of the roadmap, aiming to solidify the presence and impact of Big Eyes coin in both the crypto and charitable spheres.

Big Eyes Coin Price Forecast: Price History

Understanding the price trends of the Big Eyes coin can offer insights for making or interpreting predictions about its future value. However, it’s crucial to remember that historical performance doesn’t guarantee future outcomes.

The Big Eyes meme coin began trading in June 2023 at $0.00002144. Initially, it experienced a surge to $0.000035, but soon faced significant sell-offs as investors’ confidence declined due to controversies and audit issues, leading to a drop to $0.00001 by late June. Despite a brief recovery to $0.00002, it couldn’t sustain buyer interest above this level, resulting in a loss of momentum.

In July, the price fell further, dipping below $0.000009, and continued its downward trend in the subsequent months. After hitting a low of $0.000007, the coin saw a slight rise past $0.00001, but then declined again.

October witnessed Bitcoin reaching the $40K mark, but the Big Eyes coin didn’t capitalize on this market trend and lagged behind other leading meme coins like Dogecoin and Shiba Inu. By the end of October, its price had fallen to $0.0000028. The weeks that followed saw the price hovering in a bearish zone, yet in the first week of December, there was a spike above $0.0000093. Recently, the price has dropped below $0.000004, with increased selling pressure near resistance levels.

Big Eyes Coin Price Prediction By Blockchain Reporter

Big Eyes Price Prediction 2023

The price of Big Eyes is predicted to reach a minimum level of $0.000004 in 2023. The Big Eyes price can reach a maximum level of $0.000005 with the average price of $0.000005 throughout 2023.

Big Eyes Price Prediction 2024

The price of Big Eyes is predicted to reach a minimum value of $0.000007 in 2024. The Big Eyes price could reach a maximum value of $0.000009 with the average trading price of $0.000007 throughout 2024.

BIG Price Forecast for 2025

According to our deep technical analysis on past price data of BIG, in 2025 the price of Big Eyes is forecasted to be at around a minimum value of $0.000010. The Big Eyes price value can reach a maximum of $0.000012 with the average trading value of $0.000010 in USD.

Big Eyes (BIG) Price Prediction 2026

Big Eyes price is forecast to reach a lowest possible level of $0.000015 in 2026. As per our findings, the BIG price could reach a maximum possible level of $0.000017 with the average forecast price of $0.000016.

Big Eyes Price Prediction 2027

As per the forecast price and technical analysis, in 2027 the price of Big Eyes is predicted to reach a minimum level of $0.000022. The BIG price can reach a maximum level of $0.000027 with the average trading price of $0.000023.

Big Eyes Price Prediction 2028

The price of Big Eyes is predicted to reach a minimum value of $0.000032 in 2028. The Big Eyes price could reach a maximum value of $0.000038 with the average trading price of $0.000033 throughout 2028.

Big Eyes (BIG) Price Prediction 2029

Big Eyes price is forecast to reach a lowest possible level of $0.000046 in 2029. As per our findings, the BIG price could reach a maximum possible level of $0.000055 with the average forecast price of $0.000048.

Big Eyes Price Forecast 2030

The price of 1 Big Eyes is expected to reach a minimum level of $0.000065 in 2030. The BIG price can reach a maximum level of $0.000081 with the average price of $0.000067 throughout 2030.

Big Eyes (BIG) Price Prediction 2031

According to our deep technical analysis on past price data of BIG, in 2031 the price of Big Eyes is predicted to reach a minimum level of $0.000093. The BIG price can reach a maximum level of $0.000112 with the average trading price of $0.000096.

Big Eyes Price Prediction 2032

As per the forecast and technical analysis, in 2032 the price of Big Eyes is expected to reach a minimum price value of $0.000134. The BIG price can reach a maximum price value of $0.000163 with the average value of $0.000138.

Big Eyes Price Target: By Experts

According to the latest predictions by Coincodex, the price of Big Eyes is projected to decrease by -6.68%, reaching $0.000004507 by January 3, 2024. Technical indicators suggest that the current market sentiment is Bearish, with the Fear & Greed Index indicating a score of 65, categorized as Greed. In the past 30 days, Big Eyes has experienced 12/30 (40%) green days, showing a price volatility of 24.86%.

Coincodex’s analysis concludes that it is currently not an ideal time to purchase Big Eyes. Additionally, their forecast, which takes into account the historical price trends of Big Eyes and Bitcoin halving cycles, estimates the yearly low for Big Eyes in 2024 to be around $0.000004252. On the other hand, the highest potential price for Big Eyes in the next year is predicted to be approximately $0.00001060.

According to the analysis by Digital Coin Price, the price of BIG (Big Eyes) is anticipated to surpass the $0.0000104 mark in 2024. By the year’s end, the minimum price for Big Eyes is expected to be around $0.0000102, with the potential to reach a maximum of $0.0000106. Looking further ahead, their forecasts project that in 2032, the price of BIG could cross $0.0000917. By the close of 2032, Big Eyes is projected to have a minimum value of $0.0000894, while it might attain a peak price of $0.0000919.

Is Big Eyes Coin A Good Investment?

Numerous leading cryptocurrency experts have expressed the opinion that meme coins represent excellent investment opportunities for crypto beginners due to their potential for rapid growth.

For instance, renowned Twitter cryptocurrency analyst Altcoin Sherpa has noted that although a significant number of meme coins are scams or rug pulls with little to no utility, they possess a unique capability that sets them apart from conventional coins and Bitcoin – the ability to achieve a 500-fold increase in value within just a few days.

However, it is advised to do your own research and conduct risk management before investing in this meme coin.

Factors Affecting the Big Eyes Price

As of the current moment, there have been no official announcements regarding the listing of Big Eyes coins on centralized exchanges. Achieving a substantial trading volume will be essential for Big Eyes to be considered for listings on major platforms like Binance, Bybit, or Coinbase.

The future price growth of Big Eyes coin will also heavily depend on the successful launch of its initial NFT collection and the establishment of partnerships with influential figures.

Furthermore, implementing a token burn for Big Eyes to reduce the total supply could potentially have a positive impact on its price. This approach aligns with the recent trend of deflationary cryptocurrencies, which has garnered significant media attention following the Terra Classic (LUNC) token burn. It’s important to note that as of the current press time, there are no concrete plans in place for burning Big Eyes tokens.

Conclusion

Before concluding, a few important points deserve mention. Firstly, the whitepaper lacks specific details about the cryptocurrency. As previously mentioned, the token has yet to be launched, leaving room for various developments both before and after its introduction to the open market.

Additionally, it is crucial to bear in mind that cryptocurrencies come with no guarantees. Furthermore, the crypto space is saturated with numerous meme coins, warranting caution when observing the behavior of BIG.

It is imperative to emphasize the significance of conducting one’s own research, recognizing that cryptocurrency prices can fluctuate in both upward and downward directions, and refraining from investing more capital than one can afford to potentially lose.

Source: Big Eyes Coin Price Prediction — Will BIG Meme Coin Recover From Its Lows?