Elon Musk is never far from the news. Billionaire, inventor, influencer, and investor – Elon’s extreme wealth, unique personality and keen eye for business make him a controversial figure.
As well as being a highly successful conventional businessman, Musk has made many moves in the world of cryptocurrency. His support of Dogecoin (DOGE) is long established, and he has given many quotes, interviews, and opinions on the state of the crypto market, the viability of certain coins, and his thoughts about the blockchain technologies that enable cryptocurrencies.
His recent domination of headlines is due to his acquisition of social media giant Twitter – a platform with an estimated 206M daily users worldwide. While this move came as a shock to many onlookers, there might be something more to it than straightforward business sense.
In this article, we’ll focus on three meme currencies that could be affected by Elon Musk’s purchase of Twitter, and his coming dominance over the online discourse of crypto.
Read on to find out how this development could affect Dogecoin (DOGE), Dogelon Mars (ELON), and Big Eyes Coin (BIG).
Dogecoin: Elon’s Prodigal Son
Dogecoin (DOGE) launched in December 2013, bringing with it the concept of ‘Meme Coins.’ These tokens focused on levity, friendliness, and accessibility. This set them in stark contrast to previous cryptocurrencies, which were straight-laced and impenetrable.
Improbably based on the ‘Shibe’ internet meme, it was a surprise that this coin caught the attention of Elon Musk, who was already extremely wealthy and influential at the time. Since shortly after the token’s launch, Elon has been a vocal supporter of Dogecoin (DOGE), taking to Twitter to voice his liking for and support of the project. Rumours circulated that Musk was somehow connected to the development of the platform, but these have never been substantiated.
Musk did however offer funding to the Dogecoin (DOGE) development team in 2019, but they refused direct funding. They did accept his business advice and continued to consult with him regarding the direction of the coin.
There’s an established business synergy between Elon Musk and Dogecoin (DOGE). Given that Musk has used Twitter in the past to lend credence to this meme coin, his acquisition of Twitter has obvious implications for Dogecoin (DOGE).
If Elon’s platform grows even wider, and his command of online discourse becomes even more dominant than it already is, it’s no exaggeration to say that Dogecoin (DOGE) and all the meme tokens chasing its glory could explode in value and bring profit levels never seen before to investors.
Dogelon Mars: The Holy Spirit of Memes
Dogelon Mars (ELON) is a meme token that spawned in 2021, born from the extreme profit and success that Dogecoin (DOGE) was experiencing at the time. While the platform focuses on its NFT comic series, following the adventures of the Shiba Inu character Dogelon Mars, there are many clear links to Musk and his various passions.
The native token of Dogelion Mars, ELON, is a clear reference to Musk’s first name. Elon Musk is also a chief sponsor of experimental rocketry and is the founder of SpaceX, a corporation dedicated to advancing rocket technology and spacecraft, with the eventual goal of allowing humans to settle on and colonise Mars.
It is no coincidence that the journeys of the Dogelon Mars character see him travel to the planet mars in a spacecraft.
Just like Dogecoin (DOGE), the fates of Dogelon Mars are intertwined with those of Elon Musk. If Musk’s acquisition of Twitter proves a success, Dogelon Mars (ELON) is likely to surge in value.
Big Eyes Coin: The Heir Apparent
Entering into the meme coin economy with a bang is Big Eyes Coin (BIG), a new token in its presale phase of development.
It’s early days yet, but signs are very good for this token. Its presale is performing far above expectations, raising over $9M to date and still going strong.
With adorable furry mascots, easy access for veterans and rookie investors alike, and a welcoming, fun-loving approach to decentralised finance, Big Eyes Coin (BIG) seems poised to take the leap that would take its token into the mainstream of Meme Coins.
With all these hallmarks of coins that have attracted the interest of Elon in the past, the question remains: could Big Eyes Coin (BIG) be the next Dogecoin (DOGE)?
In the Elon Era, anything is possible with the power of memes. If Big Eyes can distinguish itself enough to receive a shoutout from the future Emperor of Twitter, it will be hard to stop.
If you want to check out Big Eyes Coin’s (BIG) presale or find out more about the platform’s goals, click the following links to view the project’s homepage and social media handles:
Big Eyes Coin (BIG)
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Twitter: https://twitter.com/BigEyesCoin