Dogecoin Expands Utility as Robinhood Memecoin Boom Reveals Crypto’s Biggest Adoption Engine

Share

Dogecoin Labs brings together MyDoge, the DogeOS application platform and Such App, a merchant payments service, to expand Dogecoin’s utility beyond speculation. Shiba Inu is also seeking to broaden its reach through additional blockchain infrastructure, including Solana via Wormhole’s Sunrise gateway, which could expose SHIB to more users and applications. Memecoins attract traders to platforms such as Robinhood Chain, which was designed for tokenized assets, but trading volume in memecoin-stock-token pairs fell 96% from its early-September peak. The challenge now is to convert speculative demand into lasting users of decentralized finance, self-custody, payments and tokenized assets.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items