Benzinga – In a recent development, Jesse Pollak, the creator of Base of Coinbase, has attributed the burgeoning adoption of the layer-2 network, backed by Coinbase, to the rise of memecoins which includes Dogecoin (CRYPTO: DOGE), Shiba Inu (CRYPTO: SHIB), Dogwifwhat (CRYPTO: WIF) among others. This has led to a substantial influx of users into the Base ecosystem.
What Happened: Pollak, in a recent video on social media platform X, emphasized the influence of memecoins in integrating a significant number of users into the Base ecosystem, Daily Hodl reported on Tuesday. He pointed out that memes are a key factor in attracting new users, with speculation playing a role.
Pollak expressed confidence in the adoption of Base, stating that memecoins are primarily engaging people through creativity. He elaborated that memecoin creators aim to draw more people to their specific meme by mobilizing…
Read More