Dogecoin, Shiba Inu And Other Memecoins Fueling Mass Adoption Of Base's L2 Network, Coinbase Exec Says: 'They Are Going To Be One Of The Biggest Drivers'
Portfolio Pulse from Benzinga Neuro
Jesse Pollak, creator of Coinbase's Base, credits the rise of memecoins like Dogecoin, Shiba Inu, and Dogwifwhat for the significant user adoption of the Base layer-2 network. He highlights the role of memes in attracting new users and fostering a creative community, predicting that memecoins will continue to be a major driver of adoption.
April 23, 2024 | 12:51 pm
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POSITIVE IMPACT
Dogecoin's association with Coinbase's Base L2 network as a driver for adoption highlights its growing influence and potential for increased user engagement.
Dogecoin's mention as a key factor in the adoption of Coinbase's Base L2 network suggests a positive impact on its perception and potential user base expansion.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Shiba Inu's role in the adoption of Coinbase's Base L2 network indicates its significant impact on attracting new users and enhancing its market position.
Shiba Inu's involvement in the growing adoption of Coinbase's Base L2 network reflects positively on its market presence and ability to draw new users.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80