The influence and power of an impactful crypto presale cannot be overstated; new altcoins such as Big Eyes Coin (BIG) have already raised $31.33m and are displaying an ideal use case for why presales matter. There have been many examples of presales setting up successful crypto projects like Ethereum (ETH) and Solana (SOL), But what about a presale that makes or breaks a new concept?
Why Should I Care About Presales?
Presales used to be referred to as an Initial Coin Offering (ICO) or a pre-ICO, giving the new altcoin a chance to attract new investors at a reduced token cost. Fine-tuning the identity and features in the early stages of an altcoins development is vital. The presale offers the perfect opportunity for quick adoption to expand its investor base.
Developing a successful token is about more than just popularity, although that does help quite considerably. There are generally two branches of presales; the investor-only option and the open-for-all presale. The investor-only presale is for the very confident crypto project, only opening the door to big-money investors willing to splash the cash. The open-for-all presale gives the rest of us a chance to choose if we want to invest in a developing project.
Ethereum Feeling The Bears Bite
There are two leading players within crypto, Bitcoin (BTC) and Ethereum (ETH), both seen as indicators of how strong the crypto exchange is currently performing. Ethereum is a pivotal global blockchain-based decentralised software platform; with a very successful native coin. Ethereum is also seen as a foundation for emerging developments in technology.
On March 10th, the Ethereum price dropped more than 7%, as the bear market is drying up investor confidence. Ethereum was sometimes wavering under market stresses; back in 2014, its ICO sold more than $7m ETH tokens in the first 12 hours, with a total of $17.3m raised overall; for the time, that was something to celebrate.
Solana With Tail End Success
Founded in 2017, Solana started as an open-sourced project; specialising in hosting decentralised, scalable applications. The transaction speed of Solana has been the main selling point; also, having a native coin that soared by almost 12,000% in 2021 has helped investor adoption. How did Solana reach this level of success? The first steps of 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 $1.7m during its ICO. Compared to recent figures, raising $1.7m may not seem like much, but this was miraculous for a developing altcoin in the tail end of a bear market.
Big Eyes Coin Owning Its Presale
When comparing Solana and Big Eyes Coin, you can see that the young meme coin also started its life during difficult times. With regulatory scrutiny and CEOs being hit with subpoenas every morning, launching a new project takes work. As people look after their pennies, the presale is a perfect way to ensure a strong investor stream and raise capital to develop the project further.
Having already raised $31.33m during its presale, Big Eyes Coin is enjoying a successful phase 12, with its BIG token selling out fast before launch. Releasing a few loot boxes has always been a welcome addition to a presale; Big Eyes Coin recently released its new ‘Excali-Paw Chest’ that gives you a chance to win up to $1 million worth of BIG. Be sure you use the new Vault Pin: 819 when purchasing its native coin to earn the Loot.
There are five tiers in the altcoins Loot Box offering, starting at the saver tin for just $100 with a chance to win $1000 worth of BIG. The Cute Box at $1000 could reward you with a lovely $10,000 bundle of BIG. Who wouldn’t like a nice Kitty Vault at $5,000, which could return you $25,000 BIG tokens? Then there is a Saiyan box for $10,000 that could 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:
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
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