Meme Coin Risk Assessment Tool
Meme Coin Risk Assessment Tool
Evaluate the risk level of a meme coin based on key metrics that determine legitimacy and potential scam risk.
Big Dog (BIGDOG) isn’t a cryptocurrency you buy because you believe in it. It’s a coin you might stumble upon while scrolling through crypto forums, and if you’re not careful, you could lose money before you even understand what it is. At first glance, it looks like another Dogecoin or Shiba Inu - a fun, meme-driven token with a funny name and a dog picture. But Big Dog is different. It’s not just low-value. It’s broken. And that’s the problem.
It claims to be tied to Pepe the Frog’s creator - but it’s not
The project says Matt Furie, the artist behind Pepe the Frog, is somehow involved. They claim he used ‘Big Dog’ as a nickname since 2007, referencing an old drawing of a dog hugging him. In 2022, he reportedly used it on Patreon, and in 2023, he changed his Instagram username to @bigdog. Sounds legit, right? Except there’s zero proof he ever endorsed the token. No tweet. No post. No statement. Furie has been clear in the past that he doesn’t profit from or support crypto projects using his art. This connection feels less like a partnership and more like a marketing stunt pulled by anonymous developers trying to ride his fame.
It’s listed on Solana - but the website says Ethereum
Here’s where things get messy. CoinMarketCap lists BIGDOG as a Solana-based token with the contract address 4Yfc8gdJzjCV7JsjZ9CdgvoTaW4boR8PNUrqC2wqY38D. That means it runs on Solana’s blockchain, which is fast and cheap for small transactions. But the project’s own description on the same site says it’s ‘the newest memecoin on the ETH network.’ Which is it? Neither. Or both. The confusion isn’t a glitch - it’s a red flag. Legitimate projects don’t mix up their blockchain foundations. If you can’t even get your own website to agree on the basics, why should you trust anything else about it?
Market data doesn’t add up - and that’s by design
As of October 2023, BIGDOG had a market cap of around $20,720. Some sites said $91,625. Others said $0. Trading volume? $0 on CoinMarketCap. $45 on Blockspot.io. That’s not volatility - that’s death. When a token has almost no trading volume, it means nobody can sell it. You buy it, and you’re stuck. Liquidity is gone. The price you see? It’s not real. It’s just a number pulled from a single trade that happened three days ago. One person sells 100 million tokens for $0.00000005, and suddenly that’s the ‘price.’
Top 10 wallets hold 87.3% of all BIGDOG tokens. That’s not decentralization - that’s a cartel. The creators could dump their holdings anytime. No one else has enough tokens to stop them. And they’ve already renounced ownership of the contract. That means they can’t be held accountable. No updates. No fixes. No support. Just a dead wallet with a lot of tokens.
No utility. No team. No whitepaper. No future
What does BIGDOG do? Nothing. It doesn’t power a game. It doesn’t pay rewards. It doesn’t let you vote on anything. It’s not even a platform. It’s just a number on a screen. No development team is listed. No GitHub repository exists. No roadmap. No social media accounts with verified badges. No Discord with active moderators. CryptoSlate checked - zero commits, zero activity. Delphi Digital ranked it #3,421 out of all Solana tokens by developer activity. That’s dead last.
Compare this to Dogecoin, which has a public team, a community-run treasury, and real-world use cases like tipping on social media. Or Shiba Inu, which at least built a decentralized exchange and NFT ecosystem. BIGDOG? Nothing. Just a name, a dog, and a promise that doesn’t exist.
Where can you even buy it?
You won’t find BIGDOG on Binance or Coinbase’s main exchange. You can only buy it through their Web3 wallets - which means you need to connect a Solana wallet like Phantom, understand slippage settings, and navigate decentralized exchanges like Raydium or Orca. That’s not for beginners. That’s for people who already know how to lose money. And even then, many users report they can’t sell. Reddit threads are full of people saying, ‘I bought it, now I can’t get out.’ Trustpilot reviews for the exchanges listing it average 1.2 out of 5, with comments like ‘scam’ and ‘rug pull’ appearing over and over.
Experts say it’s a trap
Dr. Sarah Chen from MIT’s Digital Currency Initiative called tokens like BIGDOG ‘the highest-risk segment of the crypto market.’ She’s not exaggerating. Tokens with market caps under $100,000 have a 92.7% failure rate within six months, according to CryptoSlate’s 2023 analysis. Messari predicts 83% of coins under $50,000 will vanish within a year. BIGDOG sits at $20,000. It’s not just risky - it’s statistically doomed.
The SEC has warned that anonymous meme coins using celebrity names are prime targets for enforcement. If someone gets sued for fraud, and you bought BIGDOG, you won’t get your money back. There’s no legal recourse. No customer service. No refund policy. Just a smart contract that doesn’t care who owns it.
What happened to the people who bought it?
Some early buyers got lucky. A few hundred people bought in during the first 24 hours when volume spiked - maybe because bots were pumping it. They sold fast. Made a few cents. Walked away. But the rest? They’re holding. Waiting for the price to ‘come back.’ It won’t. The token has been trading at $0 for days. No one’s buying. No one’s selling. It’s a ghost. The only thing moving is the price chart on CoinGecko - but that’s just noise. The market is dead.
Is it a scam? Or just a failed experiment?
It’s not illegal - yet. But it’s not a project. It’s a gamble with zero odds. You’re not investing. You’re gambling on the chance that someone else will pay more for it tomorrow. But no one is. The liquidity is gone. The hype is over. The team is anonymous. The connection to Matt Furie is unverified. The blockchain is unclear. The trading volume is zero.
If you see someone pushing BIGDOG on Twitter or Telegram, they’re either trying to dump their own holdings or they don’t understand how crypto works. Either way, walk away.
What should you do instead?
If you want to play with meme coins, stick to the ones with real volume, real communities, and real track records. Dogecoin, Shiba Inu, Bonk - they’ve survived multiple market cycles. They have wallets, exchanges, and developers who show up. They’re still risky, but at least you’re not betting on a ghost.
And if you’re new to crypto? Start with Bitcoin or Ethereum. Learn how wallets work. Learn how trading works. Learn what a whitepaper is. Then, if you still want to chase memes, at least do it with your eyes open.
Big Dog (BIGDOG) isn’t a coin. It’s a warning.
Is Big Dog (BIGDOG) a real cryptocurrency?
Technically, yes - it’s a token on the Solana blockchain. But it has no team, no utility, no development, and no liquidity. It’s not a functioning cryptocurrency in any practical sense. It’s a speculative token with no foundation.
Can I buy Big Dog on Binance or Coinbase?
No, you can’t buy BIGDOG directly on Binance or Coinbase’s main exchange. You can only access it through their Web3 wallet integrations by connecting to decentralized exchanges like Raydium or Orca. This requires advanced knowledge of Solana wallets and slippage settings.
Is Big Dog connected to Matt Furie?
The project claims Matt Furie, the creator of Pepe the Frog, uses ‘Big Dog’ as a nickname, but there’s no evidence he supports, created, or endorsed the token. Furie has publicly distanced himself from crypto projects using his artwork. This connection appears to be an unverified marketing tactic.
Why is the trading volume $0?
The trading volume is $0 because almost no one is buying or selling. The token’s liquidity is nonexistent. A few wallets hold over 87% of the supply, and the rest of the market has no incentive to trade. When volume drops to zero, you can’t sell - even if you want to.
Is Big Dog a rug pull?
It shows all the signs: anonymous team, renounced contract, high token concentration, zero development, and no liquidity. While it hasn’t been legally proven as a rug pull, the structure matches known scam patterns. Most users who bought it report being unable to sell - a classic red flag.
Should I invest in Big Dog?
No. Big Dog has a market cap under $30,000, zero trading volume, no team, and no utility. Tokens like this have a 92% failure rate within six months. If you buy it, you’re not investing - you’re gambling with near-certain loss. Walk away.
15 Comments
Just saw this and had to comment. I bought a few thousand BIGDOG tokens last month thinking it was a joke coin with potential. Turns out it’s not even a joke. It’s a ghost town. I can’t sell. I can’t even find a buyer. I’m just sitting here watching the price hover at $0.00000000. Lesson learned: if the website can’t decide what blockchain it’s on, don’t touch it.
Big Dog is the crypto equivalent of a broken vending machine that only eats your money. No team. No code. No future. Just a dog pic and a lie about Matt Furie. Why are people still talking about this?
It’s not just irresponsible to invest in this. It’s morally wrong. People are losing their rent money on tokens like this because they’re desperate for a quick win. This isn’t finance. It’s exploitation dressed up as meme culture. And the fact that exchanges still list it without warnings is criminal.
bro i bought bigdog bc i thought it was funny 😅 now i cant sell and my wallet is crying. why does this happen to me every time
There is a deeper philosophical failure here. We live in a world where a drawing of a dog, loosely associated with an artist who never endorsed it, becomes a financial instrument. We have abandoned reason. We have replaced due diligence with dopamine. This isn’t capitalism. It’s collective delusion with a blockchain.
I’m so glad someone finally broke this down. I’ve seen so many new people getting sucked into these tokens thinking they’re ‘the next Doge.’ It’s heartbreaking. The community doesn’t even exist anymore. Just bots and the last 20 people holding out for a miracle that will never come.
Big Dog has no future. No team. No liquidity. No reason to exist. I am from India. Here too, many people are losing money on such coins. Please avoid.
According to the latest CryptoSlate analysis, tokens with market caps under $100,000 exhibit a 92.7% failure rate within six months. BIGDOG, at $20,720, falls squarely within this statistically lethal range. The absence of a development team, combined with renounced contract ownership and concentrated holdings, constitutes a textbook case of structural collapse. Investment in such assets is not speculative-it is actuarial suicide.
Wait so if it’s on Solana why does the site say Ethereum? Is that just a typo or are they trying to trick people? I’m confused. Is this even legal?
They used Matt Furie’s name to sell this? That’s disgusting. He’s not even into crypto. Why do people think they can just steal someone’s nickname and turn it into a scam?
I used to think meme coins were harmless fun. Then I saw someone’s entire life savings vanish into BIGDOG. It’s not funny anymore. We need better education. People aren’t dumb-they’re just new. And this is the kind of thing that preys on that.
Big Dog isn’t a meme coin. It’s a graveyard with a ticker symbol. The liquidity is gone, the team vanished, and the only thing still ‘trading’ is the illusion of value. It’s like buying a house with no foundation and hoping the neighbor will pay you more for it tomorrow. Spoiler: they won’t. And the land? It’s haunted.
It is unconscionable that decentralized exchanges continue to list tokens with zero liquidity, no team, and no utility. This is not innovation. This is financial negligence. Regulatory bodies must intervene before more individuals are financially devastated by these transparently fraudulent instruments.
I swear to god I cried when I realized I couldn’t sell my BIGDOG. I thought I was being clever. I thought I was part of the next big thing. Now I’m just… stuck. I’ve checked the price every hour for two weeks. It’s like watching a plant die in slow motion. And no one cares. Not even the people who made it.
The fact that this is still listed on CoinMarketCap is a failure of the platform. If a token has $0 trading volume and no active development, it should be labeled as ‘inactive’ or ‘abandoned.’ Not left there to lure the next unsuspecting investor.