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Big Eyes Coin (BIG), the latest meme coin project in the cryptocurrency market, is racing through its presale stages, as the fifth is already underway.
The project has raised over $5 million in its presale event and looks like it will gain even more as more users join its ever-growing community.
At this rate, analysts suggest it might surpass high-trending tokens like Bitcoin (BTC) and Shiba Inu (SHIB). Here, we review how well Big Eyes Coin is doing, as well as a short overview of Bitcoin (BTC) and Shiba Inu (SHIB).
Bitcoin – Where it all began
Bitcoin was released in 2009 by a pseudonymous person or group called Satoshi Nakomoto. Its launch was a significant step forward in global finance, as it ushered in an era of decentralized finance, where transactions could be completed between parties without needing a financial institution as an intermediary.
The hallmark of Bitcoin’s innovation was the development of a blockchain. The blockchain is a ledger-like software tool that logs transactions as they occur while using a network of computers to validate the transactions.
Anyone can use a blockchain, and no one has control or access to the transactions except the parties involved.
The Bitcoin network also came with its wallets, secured by private keys, which are encryptions comprising characters that no one can guess.
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