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Crypto Proponents Share the Key to Mass Adoption for Memecoins Like Dogecoin and Shiba Inu

  • Meme coins have the potential to find order and become less chaotic according to Ki Young Ju, founder and CEO of On-chain analytical platform CyproQuant.
  • Ju suggests that meme coins can boost their relevance by solving social problems and that donations could be the pathway for meme coins to strengthen their significance in the cryptocurrency market.
  • Vitalik Buterin, co-founder of Ethereum, also believes in the significance of meme coin donations and has made donations to charity organizations using meme coins.
  • At present, leading meme coins like Dogecoin and Shiba Inu have experienced a 10% loss in gains within 24 hours.

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