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InvestmentsDogecoin, Shiba Inu and memes are hauling the dogsled to mass adoption...

Dogecoin, Shiba Inu and memes are hauling the dogsled to mass adoption By Cointelegraph

© Reuters.

2021 has been a breakout 12 months for the cryptocurrency sector, as the passage of the first (BTC) exchange-traded fund (ETF) is an indication that crypto is changing into extra mainstream and has the potential to lead to a rise in traders’ publicity to BTC.

The inflow of recent contributors into the market all through the 12 months has had a profound influence on the general tradition of the crypto ecosystem. Ideas of privateness and a safe retailer of worth have been overshadowed by the tradition of memes as PePe’s and Wojacks have change into endemic to crypto Twitter (NYSE:), the place frens say “gm” to one another daily and respectfully name one another “ser.”

Top ten most searched cryptocurrencies in the U.S. in 2021. Source: Bacancy Technology
Top 4 dog-themed tokens by market capitalization. Source: CoinMarketCap