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Cryptocurrency News Articles
Crypto Insiders Share Strategies for Dogecoin and Shiba Inu to Achieve Mass Adoption h3>
Oct 10, 2024 at 05:03 pm
Cryptocurrency insiders are sharing their strategies for helping meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) achieve mass adoption.
Cryptocurrency insiders are sharing their strategies for helping meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) achieve mass adoption.
According to Ki Young Ju, the CEO of CryptoQuant, meme coins can find structure and purpose if they are used to resolve social problems, which could potentially elevate their asset status. He believes that if investing in meme coins feels like donating, even conservative investors might accept them, and donations represent the most realistic path to order.
According to Ki Young Ju, the CEO of CryptoQuant, meme coins can find structure and purpose if they are used to resolve social problems, which could potentially elevate their asset status. He believes that if investing in meme coins feels like donating, even conservative investors might accept them, and donations represent the most realistic path to order.
In a recent tweet, Ju responded to a post from meme coin analyst Murad Mahmudov on X, where Mahmudov suggested that meme coins could boost their relevance by addressing social issues, particularly through charitable donations. He was speaking at the Token2049 Crypto event in Singapore, where he stated that meme coins, currently valued at $40 billion, could reach a $1 trillion market cap in the future.
In a recent tweet, Ju responded to a post from meme coin analyst Murad Mahmudov on X, where Mahmudov suggested that meme coins could boost their relevance by addressing social issues, particularly through charitable donations. He was speaking at the Token2049 Crypto event in Singapore, where he stated that meme coins, currently valued at $40 billion, could reach a $1 trillion market cap in the future.
Mahmudov also projected that more than 10 meme coins could surpass $10 billion in value. Ju agreed with this optimistic outlook but emphasized that meme coins could become more valuable by focusing on solving societal problems.
Mahmudov also projected that more than 10 meme coins could surpass $10 billion in value. Ju agreed with this optimistic outlook but emphasized that meme coins could become more valuable by focusing on solving societal problems.
He argued that donations are the path to “order” for these tokens, making them more appealing even to conservative investors who might view their contributions as a form of giving. Ju highlighted his interest in meme coins tied to charitable organizations, specifically mentioning World Vision, a Christian nonprofit, as an example.
He argued that donations are the path to “order” for these tokens, making them more appealing even to conservative investors who might view their contributions as a form of giving. Ju highlighted his interest in meme coins tied to charitable organizations, specifically mentioning World Vision, a Christian nonprofit, as an example.
Vitalik Buterin, co-founder of Ethereum, shares a similar view, advocating for meme coin donations as a way to maximize their positive impact. Recently, Buterin revealed that he donated meme coins, including 10 billion MooDeng tokens, to an anti-airborne disease initiative.
Vitalik Buterin, co-founder of Ethereum, shares a similar view, advocating for meme coin donations as a way to maximize their positive impact. Recently, Buterin revealed that he donated meme coins, including 10 billion MooDeng tokens, to an anti-airborne disease initiative.
He has also suggested forming a community-driven DAO to further organize meme coin donations. Buterin has expressed that meme coins can have a positive effect if they are directed toward charitable causes. His stance aligns with Ju’s, emphasizing that donations can enhance the legitimacy and value of meme coins.
He has also suggested forming a community-driven DAO to further organize meme coin donations. Buterin has expressed that meme coins can have a positive effect if they are directed toward charitable causes. His stance aligns with Ju’s, emphasizing that donations can enhance the legitimacy and value of meme coins.
In a recent update from Cryptonews.net, it was estimated that SHIB prices benefit from developer adoption, as highlighted by the ShibDev Portal, which unlocks Shibarium’s potential. According to CoinMarketCap, Shiba Inu (SHIB) is currently trading at $0.00001704, with a decrease of 2.98% in the past day while surging by 6.80% in the past week.
In a recent update from Cryptonews.net, it was estimated that SHIB prices benefit from developer adoption, as highlighted by the ShibDev Portal, which unlocks Shibarium’s potential. According to CoinMarketCap, Shiba Inu (SHIB) is currently trading at $0.00001704, with a decrease of 2.98% in the past day while surging by 6.80% in the past week.
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