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Musk Warns Against Betting on Doge, Shiba Inu Hits 10M Transactions + Big Eyes Coin Goes For Stage 3 Prices

25 May 2023
in SHIBA
Reading Time: 6 mins read
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Musk Warns Against Betting on Doge, Shiba Inu Hits 10M Transactions + Big Eyes Coin Goes For Stage 3 Prices
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Crypto is one of the most dynamic and competitive industries in the world. Ever since the release of the first coin, there has been an incredible amount of competition that has emerged, but none so iconic as the meme coin competition. Meme coins were a revolutionary introduction to the market. It’s unlimited circulation and absurd pricing added to its popularity, but its community is the lifeline that keeps its heart beating.

Crypto is one of the most dynamic and competitive industries in the world. Ever since the release of the first coin, there has been an incredible amount of competition that has emerged, but none so iconic as the meme coin competition. Meme coins were a revolutionary introduction to the market. It’s unlimited circulation and absurd pricing added to its popularity, but its community is the lifeline that keeps its heart beating.

Over time, the market has seen many meme coins come and go, but the two most popular coins, Dogecoin and Shiba Inu, have been on the lips of crypto enthusiasts and meme coin lovers for the longest time. These coins are infamous in the market, not only for their concepts and the supporters behind them but also for their performance.

Over time, the market has seen many meme coins come and go, but the two most popular coins, Dogecoin and Shiba Inu, have been on the lips of crypto enthusiasts and meme coin lovers for the longest time. These coins are infamous in the market, not only for their concepts and the supporters behind them but also for their performance.

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Dogecoin has had its share of controversy and dark times in the past, but now its key supporter, Elon Musk, has come out and advised investors not to put their entire fortune into one token. Shiba Inu has recently released its Shibarium upgrade, which is now gaining much momentum. AsBig Eyes Coin (BIG) prepares to conclude its presale in a few days, it has given investors one last parting gift.

Investors MayDoge A Bullet on Musk’s Warning

Dogecoin can easily be considered the Bitcoin of the meme coin market. It was the first of its kind that brought about a new perspective on crypto investing and its potential. Suddenly, investors could own an unthinkable amount of coins for a fraction of what they would pay for any other token. Furthermore, Elon Musk has been very vocal about his support for the coin over the years, and this, coupled with its strong community, has led to Dogecoin becoming one of the most popular coins in the market.

The coin has been associated with Musk on many occasions, so much so that he temporarily changed the Twitter logo to one that looked exactly like the Dogecoin mascot. Furthermore, he has hinted at a crypto integration that may be implemented on Twitter in the future, which will have Dogecoin being its primary accepted currency.

This has driven some investors to invest deeply in the token, but Musk has warned against this. He stated that Dogecoin is his favorite because it has the best humor and dogs, but this is not a reason to pour all your money into this one cryptocurrency.

Shibarium Reaches 10 Million Transaction Milestone

Shibarium Reaches 10 Million Transaction Milestone

Click on the image to enlarge

Shiba Inu is perhaps the strongest rival to Dogecoin, so much so that it is affectionately referred to as the Dogecoin Killer and has become just as popular as its competition. Over its time in the market, the coin has done some very spectacular things, but these pale in comparison to its Shibarium upgrade. Shibarium was built as a layer 2 solution for its ecosystem, and one of its networks, the Puppynet, has recorded some outstanding data.

Over the past few weeks, Shibarium has recorded an astonishing 10 million transactions and has processed over 921,000 blocks, in addition to holding more than 15 million wallets on the network. Furthermore, the network has recorded more than 300,000 daily transactions, which explains the incredible success so far.

Moreover, this increase in transaction volume indicates that there is more utility for the coin, and as a result, Shiba Inu has burnt over 3 billion SHIB tokens, which will significantly drive the value of the coin further up.

Big Eyes Coin 41 Mil Raised 

On the topic of meme coins, one cannot forget to mention Big Eyes Coin. Although still in its presale with a few days to go before closing, it has performed exceptionally well. Giving investors endless opportunities to purchase or win tokens through bonus codes or other products on the platform, it has displayed its potential countless times.

In the final days of the presale, Big Eyes Coin has dedicated itself to greatly reducing its token prices to what it was in stage 3. This means that potential buyers can now purchase a token for as little as $0.00017 or use 1 USDT to unlock over 5,000 tokens. With a remaining supply of roughly 4.63 billion tokens, now is the best time to accumulate and fill your wallets before the big post-launch plans are in full swing. 

Don’t miss out on this amazing opportunity! Purchase your tokens today to be part of the kitty crew and unlock phenomenal rewards. 

Final Thoughts

As the market progresses and continues to recover slowly, the innovation, ingenuity, and creativity of meme coins will never cease. These coins have completely changed the way that people invest and the potential that crypto can have. From its rewards systems to in-platform utility, these coins introduce users to an entirely new and immersive experience. 

Disclaimer: This article is a paid publication and does not have journalistic/ editorial involvement of Hindustan Times. Hindustan Times does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein.

The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.

Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the views, opinions, announcements, declarations, affirmations etc., stated/featured in same. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Hindustan Times of being absolved from any/ all potential legal action, or enforceable claims. The content may be for information and awareness purposes and does not constitute a financial advice.

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