The crypto verse proved that memes were much more than just jokes. Inspired by memes and dogs, a whole new sector emerged in the crypto market. This certainly didn’t happen overnight. The crypto meme revolution dates back to 2013 when Dogecoin [DOGE] debuted. This paved the way for the launch of relatively newer assets such as Shiba Inu [SHIB]† Taking advantage of the hype surrounding Dogecoin, Shib managed to see impeccable growth. Building on that, BabyDoge entered the market and hoped to conquer it.
Major payment gateway FCF Pay recently brought on board Shiba Inu and his descendants BONE and LEASH. BONE beat Tron [TRX] and landed a spot on the platform. While the SHIB community was celebrating the trifecta’s mention, another community joined in.
FCF Pay has reached out to the community for the placement process. In a recent poll, the SHIB community came together to get LEASH on the platform. BabyDoge wasn’t far away, though.
Furthermore, considering the BabyDoge community, FCF Pay had an internal poll that gave the meme coin a mention.
Despite all the efforts, BabyDoge has grown cold from Binance† However, the altcoin appears to have found refuge elsewhere.
Like Shiba Inu, BabyDoge Coin is gaining popularity and adoption. In the past few months, the asset managed to find offers while being used as payments, and this has further fueled the community to speculate that the meme coin could reach the same level of adoption as SHIB.
How do meme coins like Shiba Inu get popular mentions?
The graceful price of these assets lures investors. Cryptocurrencies are made for the average Joe. However, most assets have become increasingly expensive. While there is always an option to buy some of it, retail users are diving into the meme coin to keep multiple assets.
In addition, meme coins have abrupt swings of significant magnitude. This, in turn, provides more profit for investors.
In addition to the above factors, most meme crypto networks are community driven. Extensive community marketing makes these assets more visible to exchanges looking to list new assets. The demand for these meme coins has been increasing all the time. Therefore, assets such as Shiba Inu, BabyDoge, Floki Inu and others continue to list despite the bear market onset.