Dogecoin Has Memed Its Way to a Coinbase Listing. Is the Joke Coin Now for Real?

shutterstock 1022647456 gID 4 1mPpfu

Don’t look now, but Dogecoin might be for real.
It’s being added by Coinbase Pro this week, has helped turn Robinhood into one of the most downloaded trading apps, and is seeing payment transaction volume increase at a dizzying pace. 
So, can we officially say that Dogecoin, invented in 2013 as a (fully-functioning) joke, is on the path to mainstream adoption?

While memes might be jokes, their power to shape conversation and collective belief are not. As the saying goes, memes move markets, with Dogecoin a prime example. It appropriated a meme of a Shiba Inu with raised eyebrows having a syntactically incorrect internal monologue. Its success has more recently given rise to meme coins such as Shiba Inu (SHIB) and Akita Inu (AKITA) that exist mostly to make risky financial investments fun.
That’s one of the reasons “Shark Tank” judge Mark Cuban gives for his Dallas Mavericks accepting DOGE payments. Cuban’s advocacy, combined with Tesla CEO Elon Musk’s meme microphone on Twitter, have

Czytaj więcej

Źródło: https://decrypt.co/72574/dogecoin-memed-its-way-coinbase-listing-is-joke-coin-real

Total
0
Shares
Dodaj komentarz

Podobne Wpisy