Dogecoin, Shiba Inu And Other Meme Coins Are Entry Points To Crypto Ecosystem: Report
Posted On May 27, 2025
Meme coins like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are no longer just speculative internet jokes, they’re acting as powerful entry points into the broader cryptocurrency economy, according to a new report.
A survey published by Gemini on Tuesday reveals that a significant share of crypto adopters first engaged with digital assets through meme coins before branching out into other areas like NFTs, DeFi and stablecoins.
Meme coins “may be fulfilling their purpose as an onramp for newcomers to enter the broader crypto ecosystem, according to the report.
The report highlights the Solana‘s (CRYPTO: SOL) blockchain’s role in powering meme coins, noting that Solana has arguably …
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