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Author Topic: Shiba Inu, Dogecoin Accepted for Payment by Food Delivery Company Uber Eats !  (Read 179 times)
cryptoaddictchie
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July 05, 2022, 04:26:05 AM
 #21

the news is good and the partnership is still serious, but it did not affect the price in any way.I do not know what other news should appear to rock the exchange rate, it looks like investors are already tired of these assets.
Prices arent meant to pump by simple news. We are in the midst of bear market and even a 10 or more news has been circulated it will only create a sub pump for a while. The ones we need to focus on is the adoption and the ways on how it can spread naturally. Many people got been scared due to massive modus in crypto and we need to turn their trust back once again that crypto isnt only a pyramiding scheme which happened on a lot of p2e projects.

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ilovealtcoins
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July 05, 2022, 04:39:00 AM
 #22

If these memecoins can now be used as a payment option, does it change what they initially represent! since are known to be fun coins with no real utility this news has change that for these two coins. Will this really make an impact in these projects and make some investors see them differently, more than just a mememcoin and take them serious?
they don't have utilities but they can also become alternative means of payment, which is quite surprising that they don't choose the top coins instead of memes. For those investors who have been following meme coins for a while, this is a good news. It is hard for me to tell if there is any influence from Elon?, I just have a little doubt about it.
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July 05, 2022, 09:53:46 AM
 #23

Look at this Shiba Inu Burned Coins Exceed Market Cap of MATIC with $4 Billion Worth of Tokens Destroyed Even with the total amount of Shiba Inu coin burned over time should have been worth more than the total market capitalization of MATIC, still, there is no impact on the Shiba Inu coin price, What is that Huh Huh Huh well I guess we have to wait if this will affect the price positively over the years in Bull season.
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July 05, 2022, 10:23:30 AM
 #24

If these memecoins can now be used as a payment option, does it change what they initially represent! since are known to be fun coins with no real utility this news has change that for these two coins. Will this really make an impact in these projects and make some investors see them differently, more than just a mememcoin and take them serious?

Originally it's a meme coin even with some major acceptance from different industries, it is still remains a meme coin. It is a basic instinct for this meme coin to go huge though it doesn't have utility but with some acceptance from merchants, investors would learn to trust these meme coin regardless of the hype. These are just some steps to sustain meme coins in the long run.

R


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rhomelmabini
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July 05, 2022, 11:10:31 AM
 #25

I wonder how far can these meme coins go but the fact that these two has large market cap probably Bitpay just look into that and not the actual definition on how they was created. Well, it's a positive one but as always, the question is how far can it go? I wish they still accept it even after a -90% decrease in value for the next bear market.

These tokens has been accepted by many business and yet, their price didn’t pump that much aside from being a meme token, their supply is huge so its really impossible for them to pump that much because if they do, for sure they can beat Bitcoin. This might be another attempt to hype meme tokens again, but for me they are done already because we are moving on into a new trend which is the NFTs. Be careful with meme tokens, mostly they are only moving because of the hype, and later on will dump again.
Meme tokens are lively when there's a bear market and the proof of that was the trend on NFT memes. That can be said on bull market as well, but their hype was just for a meantime then they'll decline. Meme as they called, they're not that to be trusted in any way, remember the squid game rug pull.
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