Bitcoin Beating Good Boys: Do Really More Americans Own Crypto Than Dogs? The Benzinga Fact Check
Portfolio Pulse from Khyathi Dalal
A claim by Bitwise CEO Hunter Horsley suggests more Americans own crypto than dogs. Benzinga's fact-check reveals that while more households own dogs, more individual adults own crypto. This supports the popularity of dog-themed meme coins like Dogecoin and Shiba Inu.
August 22, 2024 | 8:02 pm
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Dogecoin, a dog-themed meme coin, is highlighted in the article as part of the discussion on crypto ownership surpassing dog ownership in the US. This could boost interest and trading in Dogecoin.
The article emphasizes the popularity of dog-themed meme coins like Dogecoin, suggesting increased interest in such assets as crypto ownership grows. This could lead to a positive short-term impact on Dogecoin's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Shiba Inu, another dog-themed meme coin, is mentioned in the context of crypto ownership surpassing dog ownership in the US. This could enhance interest and trading in Shiba Inu.
The article highlights Shiba Inu as a popular dog-themed meme coin, indicating potential increased interest as more Americans own crypto. This could positively impact Shiba Inu's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80